Dove Dispatch #53
$1.3B Raised Across 48 Funding Rounds
GM and welcome to Dove Dispatch #53!
Dove Metrics is sponsored by BarnBridge - a protocol for tokenized risk, that enables users to calibrate their exposure to different risk vectors within DeFi. Its SMART Alpha application gives you more control over exposure to the performance of digital assets.
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Last week 48 projects announced fundraising rounds:
PlatinX ($5M) | One platform for crypto and blockchain services.
Mojor ($2M) | Build a community that really belongs to you.
Flowcarbon ($70M) | On-Chain carbon market infrastructure — with participation from Andreessen Horowitz, General Catalyst, SamsungNext, Invesco Private Capital, 166 2nd, Ashley Lent Levinson, Samuel Levinson, Kevin Turen, RSE Ventures, Allegory Labs, Fifth Wall, Box Group, and Celo Foundation.
Bubblehouse ($9M) | The first NFT Social Marketplace — with participation from Cassius Family, 3K VC, SVAngel, Kima Ventures, Watertower Ventures, Ocho Capital, Steve Aoki, David Guetta, Vivi Nevo, Ivan Soto-Wright, Rafael Ilishayev, Yakir Gola, David Fischer, David Grutman, and Jonathan Neman.
Commonwealth ($20M) | An all-in-one platform for on-chain communities to discuss, vote, and fund projects together — with participation from Polychain Capital, Jump Crypto, Wintermute, BitDAO, and Spark Capital.
ADDX ($58M) | Your entry to private market investing — with participation from UOB Venture, Krungsri Finnovate, Hamilton Lane, and SET.
Recon Labs ($4.4M) | Making AR technology easy for anyone to use — with participation from Kakao Brain, Korea Investment Partners, Lotte Ventures, Kakao Ventures, Shinhan Venture Capital, Naver D2SF, and Hanhwa Systems.
Gopax ($23.7M) | Global open professional asset exchange — with participation from Digital Currency Group, Strong Ventures, KB Investment, and Z Venture Capital.
BUD ($36.8M) | The best virtual platform to create and share 3D interactive experiences — with participation from Sequoia Capital, ClearVue Partners, NetEase, Northern Light Venture Capital, GGV Capital, Qiming Venture Partners, and Source Code Capital.
Element Black ($1.6M) | Create-To-Earn Web3 music ecosystem — with participation from Orion Depp, CryptoPhd, CryptoDaku, Boxmining, Coach K, CryptoFomo, Block Patch, The H Collective, Old Fashion Research, W3 Ventures, Satori Research, CryptoRenoBoy, Saurabh Tiwari, Crypto Innovation, RonTTTG, Cryptoslate, corpsebride, Magnus Capital, and TimeToShine.
Pebble ($6.2M) | The first app that pays you to save, spend, and send — all in one balance — with participation from Lightshed Partners, Eniac Ventures, Y Combinator, LD Capital, Caballeros Capital, Montage Ventures, Soma Capital, The House Fund, Global Founders Capital, Cadenza Ventures, CCIX Global, OrangeDAO, East Ventures, Bluewatch Ventures, Aneel Ranadive, Richard Ma, Odell Beckham Jr, Leore Avidar, and Matthew Bellamy.
AFKDAO ($3M) | A full lifecycle NFT liquidity solution for the play-to-earn economy in an open and composable manner — with participation from AC Capital, Avocado DAO, Yunko Association, YouBi Capital, GEMS, Sharding Capital, CryptoVN, Koi Capital, IOBC Capital, Play It Forward DAO, Lead Capital, SilverFox Foundation, HOT DAO, Fish DAO, YGG SEA, NFV, Wagmi33 Foundation, GameMine Capital, Hoo.com, Redhat Capital, Blockpact Capital, and Keys Capital.
izumi Finance ($30M) | Multi-chain liquidity mining platform — with participation from IV Ventures, Cobo Wallet, and Mirana Ventures.
SportZchain ($600k) | Bringing the sports fans closer to their favorite teams — with participation from SUNiCON Ventures, and MAKS Group.
Haloo ($2.3M) | Trademarks without question marks — with participation from The W Fund, The51, Prosus Ventures, Inovia Capital, Hashed, 2PunksCapital, and Ethan Song.
Pine Protocol ($1.5M) | Permissionless NFT-backed loans and NFT financing — with participation from Sino Global Capital, Amber Group, Spartan Group, Alameda Research, Gate Ventures, Impossible Finance, and Shima Capital.
Unicorn DAO ($4.5M) | Empower women and LGBTQ-led NFT initiatives — with participation from ConsenSys Mesh, Yuga Labs, Moonpay, True Ventures, Collab+Currency, FlamingoDAO, Polygon, VaynerFund, Big Sky Partners, The LAO, Wave Financial, and Quantum Art.
Voyage Finance ($1M) | Decentralized loans for Guilds and Gamers — with participation from Delphi Digital, PathDAO, Blockchain Space, Darryl Wang, Jason Choi, Gabby Dizon, Statelayer, 0xMaki, Sam Kazemian, Tascha Punyaneramitdee, Nick Tong, Isaac Zu, and Ken Chan.
Castle Finance ($1.2M) | The safest way to earn yield for DAOs and their communities — with participation from Solana Ventures, Nascent, Shima Capital, Rainfall, Reverie, MDSV Capital, Amelia Cai, Chris Wang, 0xRooter, Joey Santoro, George Beall, and Charles Smith.
Tally Labs ($12M) | A software-enabled Web3 media business blurring the lines between community and creators — with participation from Andreessen Horowitz, Connect Ventures, Dapper Labs, Roham Gharegozlou, WndrCo, Dreamers VC, Penny Jar Capital, Odell Beckham Jr, Paul George, Kenya Barris, Allyson Felix, Jim Toth, Packy McCormick, Lionel Richie, Double Down , Sterling.VC, Framework Ventures, Listen Ventures, and KeenCrypto.
Coins.ph ($30M) | Send money, buy load, pay bills, and do more from your phone — with participation from Ribbit Capital.
Kiln ($5M) | Enterprise-grade staking made easy — with participation from Kima Ventures, Alven, BlueYard Capital, SVAngel, and Shana Fisher.
Saga ($6.5M) | A protocol for automatically provisioning application-specific blockchains in the multiverse — with participation from Maven 11 Capital, LongHash Ventures, Hypersphere Ventures, Figment Capital, Polygon Studios, SamsungNext, Chorus One, GSR, CRIT Ventures, Merit Circle, Hustle Fund, Unanimous Capital, Strangelove Ventures, Tess Ventures, nfr, Akash, Zaki Manian, Jae Kwon, Garrette Furo, Alex Shin, Nick Tomaino, Peter Kim, and Bo Du.
SingularityDAO ($25M) | A DeFi protocol designed to maximize Alpha generation regardless of the market trend — with participation from LDA Capital.
Azra Games ($15M) | A blockchain games company aimed at building mainstream collectible and combat RPGs for the Web3 era — with participation from Andreessen Horowitz, NFX, Coinbase Ventures, Play Ventures, Franklin Templeton Investments, Justin Kan, Gabby Dizon, and Roham Gharegozlou.
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Hexagon Wireless ($2M) | Building decentralized wireless networks — with participation from Hypersphere Ventures, Mechanism Capital, Mahesh Ramakrishnan, Salvador Gala, and Superfluid Group.
GEMS ($50M) | GameFi & Esports 3.0 Platform — with participation from Gem Capital.
STEMuli Studios ($3.25M) | A gamified learning platform connecting students to the future of work — with participation from Slauson & Co., Valor Ventures, and Draper Associates.
Hedonova ($18.4M) | One fund for all alternative investments — with participation from Chemie-Tech.
xendit ($300M) | A payments infrastructure platform — with participation from Coatue Management, Insight Partners, Accel, Tiger Global Management, Kleiner Perkins, EV Growth, Amasia, Intudo Ventures, and Goat Capital.
Bitkeep ($15M) | A crypto wallet that anyone can get started in one minute — with participation from Dragonfly Capital, KuCoin Ventures, Foresight Ventures, A&T Capital, Bixin Ventures, SevenX Ventures, Matrixport, DHVC, Peak Capital, and YM Capital.
Algoracle ($1.5M) | A decentralized oracle network on Algorand — with participation from Borderless Capital, Algorand Foundation, Valhalla Capital, Big Brain Holdings, Xpand Capital, Parea Capital, Orca DAO, GMI Capital, and EXA Finance.
Questbook ($8.3M) | Grants for builders in Web3 — with participation from Lemniscap, Coinbase Ventures, Alameda Research, Dragonfly Capital, Hashed, Polygon, Balaji Srinivasan, Raj Gokal, Arjun Sethi, and Maneesh Sharma.
N3twork Studios ($46M) | Developer and publisher of blockchain games — with participation from Griffin Gaming Partners, Kleiner Perkins, Galaxy Interactive, Floodgate, Kip, LLL Capital, and N3TWORK.
FreshCut ($15M) | A Web3 gaming community and content ecosystem built for creators and fans — with participation from Galaxy Interactive, Animoca Brands, Republic, Hashed, SkyVision Capital, Tamarack Global, C2X, Polygon, Kevin Lin, ChangHan Kim, JJ Redick, Andre Igoudala, Trevor McFedries, Raihan Anwar, Colby Holliday, and Tucker Boner.
DoraHacks ($20M) | Explore the world of innovation at HackerLink, BUIDL, continuous funding, grant, bounty, and hackathons — with participation from FTX, Liberty City Ventures, Circle, Gemini, Sky9 Capital, Crypto.com Capital, and Amber Group.
Lithosphere Network ($400M) | Making smart contracts intelligent for the digital economy — with participation from Gem Capital.
Serenade ($4.2M) | The eco-friendly music NFT marketplace made for real fans — with participation from Damian Christian, Dan Rosen, Paul Piticco, Jessica Ducrou, Bernard Fanning, and Hugh Jackman.
Security Token Group ($3M) | A venture studio focused on building financial infrastructure to support the growth and development of the security token industry, — with participation from Blizzard Fund, Exodus, and Blue Bay Ventures.
NodeReal ($16M) | The ultimate Web3 infrastructure solution — with participation from Sky9 Capital.
UBet ($2.7M) | A decentralized sports betting platform — with participation from Shima Capital, GSR, Republic, LD Capital, Old Fashion Research, Decimus, Momentum 6, David Hong, and Daniel Hannigan-Daley.
Parcl ($7.5M) | A blockchain-based real estate platform that lets you gain exposure to the real estate market with no minimum investment, low transaction fees, and immediate liquidity — with participation from Fifth Wall, Jaws Ventures, IA Capital, Eberg Capital, Big Brain Holdings, Santiago R. Santos, Archetype, Dragonfly Capital, Shima Capital, Solana Ventures, Not Boring Capital, and FJ Labs.
Freeflow | Blockchain developer marketplace for web3 projects — with participation from 500 Startups.
Enry's Island Italia ($21.4M) | Worldwide distributed platform for business incubation & acceleration — with participation from LDA Capital.
CyberConnect ($15M) | Connect everyone on Web3. Building the social graph infrastructure for Web3 — with participation from Animoca Brands, Sky9 Capital, Delphi Digital, Protocol Labs, IOSG Ventures, Tribe Capital, GGV Capital, Spartan Group, Amber Group, Polygon Studios, and SevenX Ventures.
Evaluate.Market ($4M) | The leading NFT portfolio management platform — with participation from Rho Capital, Castle Island Ventures, Arca, Notation Capital, Flamingo Capital, Dapper Labs, Visary Capital, Niche Capital, Dan Nova, and Drive by DraftKings.
TaxBit | Cryptocurrency tax automation firm — with participation from Haun Ventures.
Go Plus | An open, permissionless, user-driven security service platform for all types of blockchain users — with participation from Crypto.com Capital, Avalanche Foundation, Harmony, Arweave, Huobi Capital, KuCoin Ventures, NEO Foundation, GSR, GeekCartel, SevenX Ventures, Mask Network, DeltaBCFund, Richard Ma, Puzzle Ventures, YouBi Capital, Incuba Alpha Labs, LucidBlue Ventures, and InsurAce.
Dove Metrics newsletter is sponsored by BarnBridge.
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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