Dove Dispatch #52
$1.8B Raised Across 51 Funding Rounds
GM and welcome to Dove Dispatch #52!
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Last week 51 projects announced fundraising rounds:
Elwood Technologies ($70M) | An established, global fintech, building digital assets trading infrastructure for institutional investors — with participation from Goldman Sachs, Dawn Capital, Barclays, CommerzVentures, BlockFi, Digital Currency Group, Flow Traders, Galaxy Digital, and Chimera Capital.
Inflow ($1.5M) | Social token launchpad for artists — with participation from Protocol Labs, ConsenSys Ventures, and Dapper Labs.
Zecrey Protocol ($6M) | Bringing privacy to digital assets — with participation from Binance Labs.
Pnkfrg ($3M) | A gaming studio building mobile F2P games on the Bitcoin Lightning Network — with participation from Stillmark, Velo Partners, Fulgur Ventures, LVP, and Initial Capital.
Encode Club ($5M) | A Web3 education community of over 20,000 developers worldwide — with participation from Galaxy Digital, Dragonfly Capital, Big Brain Holdings, Not3Lau Capital, Folius Ventures, Stefan George, Jordan Momtazi, Kain Warwick, Anton Bukov, Ascensive Assets, BitDAO, Batu Dasgin, Sunil Srivatsa, Ben Middleton, Jason Choi, and Lemniscap.
Medallion ($9M) | Redefining the Artist x Fan Connection — with participation from The Chernin Group, Alive Ventures, Another Planet, Betaworks, BlueMind, Coil, Copper, FlamingoDAO, ILLENIUM, Mike Shinoda, NOISE DAO, POAP, Polygon, Red Light Ventures, Shima Capital, Synergis, Spacestation, Third Prime, and TYCHO.
Freeverse.io ($10.45M) | The home of Living Assets: NFT 2.0 — with participation from Earlybird Venture Capital, Target Global, Adara Ventures, and 4Founders Capital.
Certora ($36M) | Making trusted blockchain a reality with fully automatic exact verification technology for smart contracts — with participation from Jump Crypto, Galaxy Digital, Electric Capital, Framework Ventures, CoinFund, Lemniscap, Coinbase Ventures, VMware, A.capital, and Tiger Global Management.
Stanhope Financial Group ($10M) | Re-defining access for SME and MME to capital markets and transaction banking — with participation from Gate Ventures.
Casa ($21M) | Helping crypto investors manage their private keys — with participation from Acrew Capital, Positive Sum, Avon Ventures, Tioga Capital, Stillmark, Castle Island Ventures, Lerer Hippeau, Naval Ravikant, Scott Belsky, Todd McKinnon, and Frederic Kerrest.
pSTAKE | Unlocking liquidity for staked assets — with participation from Binance Labs.
DuskBreakers ($24M) | A vast Sci-Fi Web3 game franchise — with participation from Andreessen Horowitz, Pantera Capital, FTX, Breyer Capital, Merit Circle, Global Coin Research, Sfermion, Daedalus Angel Syndicate, Dragonfly Capital, and Recharge Capital.
Element Black ($3.6M) | Create-To-Earn Web3 music ecosystem — with participation from DAO Maker, AU21 Capital, LD Capital, OKX, and JKL Capital.
Solarr ($2M) | One-stop decentralized platform for financializing NFTs — with participation from JY Capital, All In Ventures, and MD2 Digital.
BVNK ($40M) | Setting the global standard for digital asset financial services — with participation from Tiger Global Management, Raba Capital, Nordstar, Kingsway Capital, Concentric, Avenir Growth Capital, and Base Capital.
BitCoke ($20M) | A crypto spot and derivatives platform — with participation from Huobi Capital, Redline DAO, Krypital Group, LD Capital, AKG Ventures, VRM Ventures, Mint Ventures, Weblock, 7 O'Clock Capital, HTR Group, NFTGo, Scorpio VC, HotBit, JinLin Capital, Eureka, Pento, and LTP.
Belo ($3M) | Digital wallet that integrates local currency and crypto — with participation from CRV, TheVentureCity, Newtopia VC, Latitude, Liquid2 Ventures, Infinity Ventures Crypto, Magma Partners, and Sur Ventures.
TipTop ($23M) | Consumer finance solutions for an emerging web — with participation from Andreessen Horowitz, Sam Altman, Naval Ravikant, Gokul Rajaram, Scott Banister, Cyan Banister, Nabeel Hyatt, Dan Romero, Jude Gomila, Sean Plaice, Andy McLoughlin, Jeff Clavier, and Vivek Patel.
Satori ($10M) | A decentralized financial derivatives platform built on Polkadot — with participation from Polychain Capital, Blockchange Ventures, Gavin Wood, Jump Crypto, Portal, C² Ventures, D1 Ventures, Coinbase Ventures, Acala, Astar Network, CLV (formerly Clover Finance), and Parallel Finance.
Chainanalysis ($170M) | Data platform that powers investigation, compliance and risk management tools — with participation from GIC, Accel, Blackstone, Dragoneer Investment Group, FundersClub, BNY Mellon, and Emergence Capital.
Voyager Digital ($60M) | A crypto-asset broker that provides retail and institutional investors with a turnkey solution — with participation from Alameda Research, Galaxy Digital, Digital Currency Group, and Blockdaemon.
Hoseki | Building infrastructure for a Bitcoin standard — with participation from Stillmark, TEN31, Castle Island Ventures, and Avon Ventures.
May.Social ($3M) | Meet another you in the VR world — with participation from Tess Ventures, y2z Ventures, Mask Network, Folius Ventures, SNZ Holding, and Kylinhall Partners.
Robinhood ($600M) | A stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission.a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission — with participation from Emergent Fidelity Technologies.
Coinshift ($15M) | Building the most sophisticated crypto treasury management platform for companies & DAOs — with participation from Tiger Global Management, Sequoia Capital, Ryan Hoover, Alameda Research, Spartan Group, Ethereal Ventures, Alpha Wave Global, Hashkey Capital, Quiet Capital, Polygon Studios, Volt Capital, Sandeep Nailwal, Shiva Rajaraman, Prabhakar Reddy, Scott Belsky, Lenny Rachitsky, Utsav Somani, and Shaan Puri.
Gusto Collective ($11M) | An immersive experience technology service provider — with participation from Animoca Brands, Gaw Capital, BlackPine, and ClearVue Partners.
TimeShuffle ($2.1M) | A strategy game with heroes from across history battling together and against each other in procedurally generated battlefield arenas — with participation from Shima Capital, AVA Labs, Blizzard Fund, Nexo, Avalaunch, AVentures DAO, COLONY, GBV Capital, SPEC Capital, Muhabbit Capital, DWeb3 Capital, Hailstone Ventures, GreenHorns Capital, Keychain Capital, and AscendEX.
Talos ($105M) | Delivering institutional-grade infrastructure for digital assets trading — with participation from General Atlantic, Stripes, BNY Mellon, Citi, Wells Fargo, DRW Venture Capital, SCB 10X, Matrix Capital Management, Fin VC, Voyager Digital Ltd, Graticule Asset Management Asia, LeadBlock Partners, Andreessen Horowitz, PayPal Ventures, Castle Island Ventures, Fidelity, Illuminate Financial, Initialized Capital, and Notation Capital.
Token.io ($40M) | Open banking payments platform — with participation from Cota Capital, TempoCap, Element Ventures, MissionOG, PostFinance, Octopus Ventures, Opera Tech Ventures, and SBI Investments.
Soluna Computing ($35M) | A blockchain company powering the blockchain economy with low-cost renewable energy — with participation from Spring Lane Capital.
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Fanztar ($645k) | A Web3 platform for the creator economy — with participation from India Quotient, Ankush Sachdeva, Bhanu Pratap Singh, Farid Ahsan, Sarthak Misra, Manohar Charan, and Tarsame Mittal.
Oasis Pro Markets ($27M) | A FINRA registered marketplace & alternative trading system for digital asset securities — with participation from UDHC, Blizzard Fund, Inveniam, Redwood Trust, Gate Ventures, TrustToken, LedgerPrime, Mirae Asset Global Investments, and StableNode.
Solidus Labs ($45M) | A surveillance firm focused on monitoring market manipulation in crypto — with participation from Liberty City Ventures, Evolution Equity Partners, Declaration Partners, Brian Brooks, Christopher Giancarlo, Hanaco Ventures, Avon Ventures, Daniel Gorfine, and Matthew Homer.
Atato ($3.1M) | Digital asset custody for everyone — with participation from FEBE Ventures.
Minto ($5.1M) | Developing and establishing a creator economy for manga and anime creators to deliver their content to the world — with participation from Mitsui Sumitomo Insurance Capital, Mizuho Capital, OLM Ventures, and Kakao Piccoma.
Computecoin ($6.2M) | The next-generation infrastructure that powers all-purpose Web3 and Metaverse applications — with participation from Aves Lair.
Eloop ($1.2M) | First blockchain-based carsharing worldwide from ELOOP — with participation from European Super Angels Club, Christian Trummer, and C&P Immobilien.
Naetion ($150M) | Decentralized marketplace that connects Web3 with the real world — with participation from Gem Capital.
Opn ($120M) | A global company that provides fintech solutions and products to clients and users around the world — with participation from JIC Venture Growth Investments, MUFG, and Mars Growth Capital.
APY Vision | Data platform for DeFi investors and protocols — with participation from Nansen.
Lightspark | Created to explore, build and extend the capabilities and utility of Bitcoin — with participation from Andreessen Horowitz, Paradigm, Thrive Capital, Coatue Management, Felix Capital, Ribbit Capital, Matrix Partners, and Zeev Ventures.
Chainflip ($10M) | A decentralized, trustless protocol that enables cross-chain swaps between different blockchains — with participation from Framework Ventures, Blockchain Capital, and Pantera Capital.
The Unfettered ($2.5M) | First story-based AA game which includes Play2Earn, NFT, and Metaverse — with participation from Vendetta Capital, IceTea Labs, Animoca Brands, Morningstar Ventures, Paribu Ventures, FOMOCraft Ventures, Gains Associates, AU21 Capital, Gate.io, Good Games Labs, Polka City, RBL Labs, Momentum 6, ZBS Capital, Parachain Ventures, Avstar Capital, BreederDAO, Tuzanye Game Guild, Kieran Warwick, Sami Chlagou, Yuen Wong, Sam Ong, Tehmoonwalker, Bridge Mutual, and Cryowar.
D-ETF ($50M) | The first real decentralized ETF — with participation from Gem Capital.
MARA ($23M) | African digital finance, simplified — with participation from Distributed Global, Alameda Research, Coinbase Ventures, TQ Ventures, Huobi Capital, KuCoin Labs, Nexo, Hashkey Capital, Infinite Capital, Mechanism Capital, Kleinblue Capital, GHAF Capital Partners, Day One Ventures, Raba Capital, Woodstock Fund, Dex Ventures, DAO Jones, Qazan, Fundamental Labs, Spartan Group, MyAsiaVc, MaxStealth, Red Beard Ventures, Pluto Capital, Wicklow Capital, Signum Capital, GDA Capital, Pulsar Trading, LedgerPrime, Spark Capital, Gate.io, Enabling Future, Bison Fund, DWeb3 Capital, Luna Capital, Marin Digital Ventures, Mission Street Ventures, EX Capital, Converse Crypto, UOB Venture, Sunu Capital, Geometry, R-930 Capital, Cryptology Asset Group, and others.
Lighthouse Labs ($7M) | The open metaverse navigation engine — with participation from Accel, Blocktower Capital, White Star Capital, Animoca Brands, Sparkle Ventures, Gemini, StreamingFast, Tiny VC, Patricio Worthalter, Ryan Selkis, Alex Svanevik, Thibault Launay, Ethan Song, Jerome de Tychey, Yannick Folla, Martin Avetisyan, and Neil Harounian.
Moralis ($40M) | Scalable, fast, and robust Web3 infrastructure — with participation from Coinbase Ventures, EQT Ventures, Fabric Ventures, and Dispersion Capital.
Branch ($12.5M) | A massively multiplayer online social gaming platform — with participation from Dragonfly Capital, Polychain Capital, TCG, Coinbase Ventures, Three Arrows Capital, DeFiance Capital, Mechanism Capital, Fourth Revolution Capital, Infinity Ventures Crypto, Gabby Dizon, Jeff Zirlin, Ryan Wyatt, Jon Lai, and Naval Ravikant.
Finnt ($3.5M) | Decentralized Finance & crypto for families — with participation from Khosla Ventures, Y Combinator, UpHonest Capital, Soma Capital, ISAI, Franklin Templeton Investments, Protocol Labs, OrangeDAO, Leonis Capital, 305 Ventures, Goodwater Capital, Untapped Ventures, Wei Guo, Tom Blomfield, Bénédicte de Raphélis Soissan, Larry Braitman, Ismail Jai Hokimi, Alexei Chemenda, Mehdi Ait Oufkir, Jingjing Huang, Carlos Diaz, Marvin Liao, Yongsheng Wu, Karim Atiyeh, Simon Dawlat, Parakram Khandpur, Shafqat Islam, and Vishal Maini.
Neptune Mutual ($5.3M) | Safeguarding the Ethereum community from cyber threats to contemporary financial products — with participation from XT Labs, Gate.io, BitMart, LD Capital, Mapleblock Capital, DuckDAO, DWeb3 Capital, Lux Capital, Poolz Ventures, BSC Army, Whitelist Ventures, CryptoLark, and Pulsar Global.
XToxic ($1M) | Global digital exchange — with participation from Grack Harxat.
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BarnBridge’s SMART Alpha application was recently launched on mainnet as well as on Polygon and Avalanche. It allows users to get leverage or absolute downside protection on the asset performance. SMART Alpha achieves this by redistributing the assets of one side to the other. Seniors give assets to juniors when price performance is positive, and vice versa when price performance is negative.
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