Dove Dispatch #54
$568M Raised Across 45 Funding Rounds
GM and welcome to Dove Dispatch #54!
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Last week 45 projects announced fundraising rounds:
Utopia Labs ($23M) | A modern system for managing + automating contributor payments, expenses, and reporting for your DAO, built right on top of Gnosis. — with participation from Paradigm, Circle, Gusto, Coinbase Ventures, Infinity Ventures Crypto, Distributed Global, Fourth Revolution Capital, Spice Capital, Chainforest, Global Coin Research, Yield Guild Games, IndiGG, Paragons DAO, Woo DAO, John Palmer, Hart Lambur, Anton Bukov, Tyson Battistella, Jacob Horne, Patrick Rivera, Lonis Hamaili, Anjney Midha, Mario Lopes, Sara Campbell, Bhaumik Patel, Tasha Kim, Max Fiege, Jbeezy, Patti Hauseman, Alex Zhang, Hohmward Bound, Sarang Parikh, Jordan Momtazi, Neel Popat, Andre Iguodala, David Faktoki, Mason Vollum, Todd White, Alexis Gauba, Ani Pai, Tyler Kraus, Jason Choi, and others.
Elliptic ($60M) | Making cryptocurrency transaction activity more transparent and accountable — with participation from Evolution Equity Partners, SoftBank, Albion VC, Digital Currency Group, Wells Fargo, SBI Financial Services, Octopus Ventures, SignalFire, Paladin Capital Group, and J.P. Morgan.
Kryptomon ($10M) | An NFT Play-and-Earn blockchain game, where Pokémon meets Tamagotchi and CryptoKitties — with participation from NFX, Playstudios, Griffin Gaming Partners, Tal Ventures, and Vikram Pandit.
Alloy ($3M) | DeFi for Institutional Investors — with participation from Headline, 20VC, Zinal Growth, Nicolas Julia, Seedcamp, Cocoa, Philippe Teixeira da Mota, JD Montgomery, Declan Kelly, Itay Malinger, Joe Cross, Chris Cable, David de Picciotto, Philipp Petrescu, Raban von Spiegel, Magnus Hinkel, Leon Marshall, and Anagram Crypto.
myNFT ($7M) | The low-cost multi-chain NFT marketplace with an edge — with participation from Scytale Ventures, SevenX Ventures, Future Perfect Ventures, Signum Growth Capital, Bruno Skvorc, and George McDonaugh.
Enhanced Digital Group ($12.5M) | A first-of-its-kind institution for wholesale distribution and pricing for structured products — with participation from WebN Group, Genesis, New Form Capital, Nexo, Kenetic, BH Digital, Tribe Capital, and Jesus Rodriguez.
Chibi Clash ($3M) | A fantasy Web3 gaming universe — with participation from Alliance DAO, Genblock Capital, Jump Capital, C² Ventures, Kyros Ventures, NGC Ventures, PANONY, Petrock Capital, Polygon, Shima Capital, Avocado DAO, Rainmaker Games, Nick Chong, Jack Teoh, Santiago R. Santos, Cozomo de Medici, and Peter Ing.
Kroo ($33M) | A mobile-only UK bank with a vision to change the relationship people have with money for good.
NEN ($930k) | On-chain-oriented AI character NFT brand — with participation from Hash Global, Mask Network, Yuki Ota, Skyland Ventures, XTech Ventures, and 90s.
FanTiger ($5.5M) | A music NFT marketplace working to create a decentralized community for Artists and their fans — with participation from Multicoin Capital, Krafton, Pravega Ventures, General Aviation Manufacturers Association (GAMA), Woodstock Fund, IOSG Ventures, Polygon Studios, Sandeep Nailwal, Gokul Rajaram, Prashant Malik, and Miten Sampat.
Playken ($2.3M) | Cross-game avatars dressed in NFTs — with participation from Animoca Brands, Venrex, K3 Ventures, WinZO, Jas Purewal, Phil Mansell, and AngelHub.
Footprint Analytics ($2.65M) | An all-in-one analysis platform to visualize blockchain data and discover insights — with participation from Matrix Partners, Redpoint, A&T Capital, Hash Global, Waterdrip Capital, Lancer Capital, and Dual Epoch Capital.
Tamago ($1M) | Web3 decentralized audio streaming platform — with participation from Block0, MOVE Capital, Daedalus Angel Syndicate, Human Guild, and Big Brain Holdings.
Lumos Labs ($1.1M) | A metaverse for builders and Web3 ecosystem enablers to share opportunities to build and scale up — with participation from DeltaBCFund, Next Web Capital, Arcanum Capital, AlphaGrep, Paradigm Shift Capital, Superblock, Aniket Jindal, Tarusha Mittal, Naimish Sanghvi, Yash Kotak, Keyur Shah, Shreyas Narayanan Kutty, Shiv Malik, Ajeet Khurana, Anshul Rustaggi, Raphael Kim, Prashant Maurya, Mayur Relekar, and Mohit Madan.
Cantina Royal ($4.5M) | The most epic Free-to-play and Earn E-Sports arena shooter — with participation from Elrond, Mechanism Capital, Crypto.com Capital, Animoca Brands, Morningstar Ventures, GBV Capital, Merit Circle, Skynet EGLD Capital, ExNetwork Capital, PathDAO, Good Games Guild, Egld.gg, and Chingari.
Jupiter Exchange ($5M) | A digital exchange that facilitates fractional ownership of iconic real-world assets — with participation from White Hilt Capital.
Bold Metrics ($8M) | The AI-first SaaS solution helping companies unlock the power of body data — with participation from Bessemer Venture Partners, Lytical Ventures, ValueStream Ventures, and Nanban Ventures.
Dedoco ($3M) | A Singaporean Web3-focused document management platform — with participation from True Global Ventures, and Vertex Ventures.
Jadu ($36M) | A mobile app that allows fans to perform alongside holograms of their favorite musicians and performers — with participation from Bain Capital Crypto, General Catalyst, LG Technology Ventures, Alumni Ventures Group, Cozomo de Medici, The Venture Reality Fund, Permit Ventures, Gaingels, Com2uS, Wemade, LionTree, Progression Fund, Nick Stephens, Position Ventures, DIGITAL, Cary Cheung, and Wagmi Ventures.
MeMusic ($1.1M) | A blockchain-based music platform — with participation from Outlier Ventures, Protocol Labs, ZBS Capital, NFV, LABS Group, ExNetwork Capital, RawTech Ventures, Big Brain Holdings, 7 O'Clock Capital, Coins Group, Hoo.com, Dutch Crypto Investors, Alves Ventures, HashVerse Capital, Whitelist Ventures, BitWell, Vespertine Capital, Weblock, and Hafen Ventures.
Paytaca ($380k) | Secure and convenient Bitcoin Cash wallet app.
Blocklords ($15M) | The most ambitious strategy game of our age — with participation from Makers Fund, BITKRAFT Ventures, Delphi Digital, Animoca Brands, Shima Capital, Huobi Capital, Spartan Group, Ascensive Assets, Yield Guild Games, Jump Trading, Republic, CMT Digital, WWVentures, SnackClub, Sino Global Capital, BreederDAO, Unanimous Capital, TPS Capital, Avocado DAO, Infinity Ventures Crypto, YGG SEA, Unix, Solidity Ventures, Formless Capital, Double Peak, DWeb3 Capital, Skynet Trading, TYR Capital, Big Brain Holdings, Polkastarter, Cryptology, Immutable X, Oddiyana Ventures, and Seascape.
🙌 Thanks to our sponsors at BarnBridge
Babel Finance ($80M) | A leading global cryptocurrency financial institution specialized in serving high-net-worth individual and institutional investors worldwide — with participation from Jeneration Capital, 10T Fund, Dragonfly Capital, BAI Capital, and Circle.
Tiki ($100k) | A cryptocurrency investing platform that allows anybody to invest in cryptocurrency baskets — with participation from Platanus Ventures.
Wallstate ($100k) | A tokenized properties investing platform — with participation from Platanus Ventures.
ZenLedger ($15M) | An analytics startup that simplifies cryptocurrency taxes to help investors and tax professionals in portfolio management — with participation from ParaFi Capital, Bloccelerate VC, King River Capital, G1 Ventures, Mainstreet Investment, Three Point Capital, Shorooq Partners, VaynerFund, Blizzard Fund, and AngelList.
DTTcoins ($10M) | Buy & sell cryptocurrency with a globally regulated partner.
Mondu ($43M) | Buy now, pay later for online B2B checkout — with participation from Valar Ventures, FinTech Collective, and Cherry Ventures.
Merge ($9.5M) | One API to power banking and payments for the Web3 economy — with participation from Octopus Ventures, Hashed, Coinbase Ventures, Alameda Research, Ethereal Ventures, Stani Kulechov, Pascal Gauthier, Jaynti Kanani, and Ashok Vaswani.
GuardStrike | Mobility as a safe service — with participation from Beidou Investment, and Everest Ventures.
Frontrunner ($3.6M) | Decentralized sports prediction market.
Digital Asset | Building the platform, developer tools, and leveraging the best modern infrastructure providers to change how businesses interact — with participation from SBI Financial Services.
First Digital Trust ($20M) | A technology-driven financial institution powering the digital asset industry — with participation from Nogle, and Kenetic.
Ayoken ($1.4M) | The digital collectibles marketplace that connects creators to global audiences — with participation from Crypto League, Founders Factory Africa, Kon Ventures, R9C Ventures, and Maximus Ventures.
Quint ($25M) | Connecting the Metaverse to the real world — with participation from Galaxy Racer.
Komon ($2M) | NFT-powered communities — with participation from Samaipata, Adara Ventures, Inveready, and Shilling Capital Partners.
StarkWare ($100M) | Scalability solution relying on cryptographic proofs produced by an off-chain prover running in the cloud, and then verified by an on-chain smart contract — with participation from Greenoaks Capital, Coatue Management, Tiger Global Management, Paradigm, Three Arrows Capital, and Sequoia Capital.
Primitives ($4M) | Web3 social network built around shared economic assets — with participation from Redpoint, Union Square Ventures, Harlem Capital, and Stellation Capital.
LivingCities ($4M) | Reflecting the real world into the mirror world — with participation from DCVC, Eniac Ventures, Matthew Ball, and Anorak.
Machinations ($3.3M) | Predict game economies & systems for premium, free to play & play to earn — with participation from Hiro Capital, Acequia Capital, Venrex, and Gapminder VC.
Stan ($2.4M) | Collect, trade & upgrade collectibles of your favorite Esports players & creators to win exclusive rewards — with participation from General Catalyst, Better Capital, Eximius Ventures, Aadil Mamujee, and Nakul Gupta.
Moeco ($250k) | Stay connected to your supply chain — with participation from NRG Ventures.
Camino ($4.3M) | A blockchain-based travel platform.
Coinmarketpedia ($2M) | The first crypto & blockchain educational platform.
HALO | Reborn in Web3.0, looking for another you — with participation from KuCoin Labs, and GeekCartel.
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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