Dove Dispatch #55
$875M Raised Across 50 Funding Rounds
GM and welcome to Dove Dispatch #55!
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 50 projects announced fundraising rounds:
ApolloX | One of the top decentralized crypto exchanges — with participation from Binance Labs, Kronos Research, Lingfeng Capital, SafePal, TokenPocket, 3Commas, and Lux Capital.
Ledgible ($20M) | The leading professional-first crypto tax and accounting platform — with participation from EJF Capital, JAM FINTOP, Thomson Reuters, TTV Capital, Fenbushi Capital, Commerce Ventures, Nathan McCauley, and Perkins Coie.
Calaxy ($26M) | The open social marketplace for creators, by creators — with participation from The HBAR Foundation, Animoca Brands, and Polygon Studios.
Agrotools ($21M) | A leading technology and intelligence company for agribusiness — with participation from Horacio Lafer Piva, Pedro Paulo Campos, Fátima Marques, Paulo Hegler, Olivier Murguet, KPTL, Inovabra Ventures, and Ronaldo Galvani Junior.
carbonABLE | Tokenizing decarbonization projects.
Foreman ($3M) | Unified management for your cryptocurrency miners.
Pintu ($113M) | Leading Indonesian crypto exchange — with participation from Intudo Ventures, Lightspeed Venture Partners, Northstar Group, and Pantera Capital.
First Labs | A thesis-driven Web 3.0 Lab — with participation from Pitango.
Blockswap Network | A permissionless Web3 infrastructure layer for multichain composable ETH — with participation from GHAF Capital Partners.
Religion of Sports ($50M) | An award-winning sports media production company — with participation from Shamrock Capital, Elysian Park Ventures, and Cerro Capital.
Fung ($2.7M) | The first regulated payments platform unifying crypto and fiat rails — with participation from Global Founders Capital, Kingsway Capital, Kindred Capital, and Karatage.
Moonfrost ($4.5M) | A 2D multiplayer, life-simulation, and role-playing game for mobiles and PC — with participation from Blocore, Supercell, Pantera Capital, Animoca Brands, Griffin Gaming Partners, Sweet Farm, Ian Livingstone, Phil Mansell, Daniel Engelhardt, Juha Paananen, Charlie Songhurst, and Cristian Manea.
Cryptio ($10M) | Institutional-grade crypto accounting platform — with participation from Point Nine Capital, BlueYard Capital, Alven, Avantgarde Finance, CoinShares, Protocol Labs, and Draper Associates.
Learnoverse ($1M) | The crypto learning metaverse — with participation from Mistletoe Venture Partners.
VirgoCX ($7.9M) | Canada’s trusted crypto trading platform — with participation from Draper Dragon, OKX, Cobo Wallet, Molecular Group, Sora Ventures, and How Link Investment.
PancakeSwap | Decentralized trading protocol on BNB Smart Chain — with participation from Binance Labs.
PlayV | Manage your digital assets with professional traders — with participation from SoftBank, Company K Partners, and KB Investment.
Trade Republic ($233M) | The first broker in Germany to offer its customers the long-term offer of zero-fee savings with more than 9.000 stocks, ETFs, Crypto & 300.000 derivatives — with participation from Ontario Teachers' Pension Plan.
Sanlo ($10M) | Trusted funding for gaming and app creators — with participation from Konvoy Ventures, Initial Capital, Portage Ventures, XYZ Venture, LVP, Index Ventures, Fin Capital, and GFR Fund.
Listed Fans ($1.6M) | A platform to help creators leverage their social influence to raise capital from their fans — with participation from Whiteboard Capital, Goodwater Capital, Kunal Shah, Niraj Singh, Suhail Sameer, Varun Alagh, Sung Ho Choi, Sumit Gupta, Saahil Goel, Sumit Jain, Prashant Tandon, Satish Ray, Papa CJ, Raj Shamani, Rahul Jindal, Vinay Choletti, Hemant Gupta, Uday Arya, Rahul Dalmia, Siva Sagiraju, and Arjun Vaidya.
The Red Village ($6.5M) | The playable dark-fantasy bloodsport on the blockchain — with participation from Animoca Brands, GameFi Ventures, KuCoin Ventures, JellyC, Sfermion, Polygon Studios, Metavest Capital, SL2 Capital, DWeb3 Capital, Spark Capital, Fundamental Labs, OIG Investment Group, MEXC Exchange, LucidBlue Ventures, IQ Protocol, Rendezvous Equity, Paribu Ventures, Crypto Gaming United (CGU), DuckDAO, Pylon Labs, Prometeus Labs, and Vendetta Capital.
Anmol Network ($1M) | The first multi-chain Web3 toolkit — with participation from AU21 Capital, MEXC Exchange, YBB Foundation, Lotus Capital, HG Ventures, Danish Chaudhry, Rob Hanneman, and Bitcoin.com.
Playdex ($2M) | Rent the best NFTs for your favorite P2E games — with participation from PDAX, OrangeDAO, Buko Ventures, Justin Mateen, Aaron Kemmer, Nina Teng, Yaw Yeo, Ray Alimurung, and Wing Vasiksiri.
Laevitas ($2.5M) | A data analytics platform focused on crypto derivatives — with participation from Three Arrows Capital, DeFiance Capital, CMS Holdings, Astronaut Capital, Isaac Mung, Rick M, and Gavin.
WAX ($10M) | The world's most proven and eco-friendly blockchain for NFTs, video games, and collectibles — with participation from OKX.
Souq ($3.3M) | Portfolio manager for Web3 game assets — with participation from Kickstart Fund, Infinity Ventures Crypto, Moon Holdings, Ellipti, Perpetual Value Partners, Sterling.VC, Evernew Capital, BBQ Capital, Mike del Balso, Chris Chang, BlockØ, Aleph One, Gautam Shah, Miko Matsumura, Operate, and Himanshu Sahay.
Try Your Best ($9.8M) | Influence the brands you love and get rewarded for doing it — with participation from Unusual Ventures, Sogal Ventures, and Castle Island Ventures.
GoSats ($4M) | Lets you earn bitcoin rewards whenever you shop online at your favorite brands — with participation from Y Combinator, Accel, Gossamer Capital, Soma Capital, Kube VC, 2am VC, Valhalla Capital, Trampoline Venture Partners, Draper Dragon, Leonis VC, DG Daiwa Ventures, C² Ventures, and Dragon Capital.
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Liminal ($4.7M) | Digital custody simplified — with participation from Elevation Capital, LD Capital, Woodstock Fund, CoinDCX, Nexus Venture Partners, Hashed, Cadenza Ventures, Vauld, Better Capital, Sparrow Capital, Andreas Antonopoulos, Balaji Srinivasan, Sandeep Nailwal, Jaynti Kanani, and Ajeet Khurana.
SealCred ($3.8M) | Privacy-preserving social protocol — with participation from M13, Slow Ventures, Balaji Srinivasan, Goodwater Capital, Panache Ventures, C² Ventures, nfr, Roman Semenov, and Road Capital.
Revoland ($10.6M) | MOBA & Battle Royale E-Sports game — with participation from Hashkey Capital, Polygon, Tian Ge Interactive, AKG Ventures, LinkVC, Arcanum Capital, Atlas Capital, Crypto Nord, PlayPark, MX Investments, One Block Capital, AW Capital, Phemex Venture, Winston International, Gene Vision, and Yield Master.
InfStones ($66M) | Decentralized blockchain infrastructure on one integrated platform — with participation from SoftBank, GGV Capital, INCE Capital, 10T Fund, SNZ Holding, and A&T Capital.
Walken ($4.7M) | World's first walk-to-earn game — with participation from Infinity Ventures Crypto, Shima Capital, Morningstar Ventures, GHAF Capital Partners, Huobi Capital, Dex Ventures, Yield Guild Games, YGG SEA, Big Brain Holdings, Moonchain Capital, Moon Holdings, OliveX, Genblock Capital, NFT Technologies, and SnackClub.
TRIPP ($11.2M) | Building a mindful metaverse — with participation from BITKRAFT Ventures, Amazon Alexa Fund, Qualcomm, HTC, Niantic, and Mayfield.
Dework ($5M) | Giving Web3 builders all the tools and talent necessary to help ambitious DAOs reach their full potential — with participation from Paradigm, Pace Capital, Balaji Srinivasan, Sandeep Nailwal, Fredrik Hjelm, and Adam Jafer.
Sound Particles ($2.7M) | A software-house that creates 3D audio software and realistic effects plugins — with participation from Indico Capital Partners, Iberis Capital, and 200M Fund.
Astra Protocol ($100M) | The leading global decentralized compliance solution for the growing Web3 economy — with participation from Republic, and others.
Vendia ($30M) | A serverless, distributed platform to share data and code in real-time across multiple clouds and companies — with participation from NewView Capital, Neythri Futures Fund, Operator Partners, Lux Capital, Neotribe Ventures, Aspenwood Ventures, Sorenson Capital, Canvas Ventures, and BMW i Ventures.
Tritum ($1.1M) | A crypto liquidity solutions company — with participation from Blue Node Capital, Nabais Capital, and Loopring.
Winechain ($1M) | The Future of wine collecting.
Bizverse ($1.5M) | The metaverse for business with the contactless economy — with participation from GotBit, Defi Asia Capital, Linkcube Ventures, Depro Labs, Udemy, and Agora.
Navigate ($7.6M) | The new Web3 platform where you can share data and earn crypto — with participation from Kraken, Alan Howard, Outlier Ventures, and Distributed Global.
Mash ($6M) | Earn more for what you build, create and develop — with participation from Castle Island Ventures, Whitecap Venture Partners, Maple VC, Strategic Cyber Ventures, Aquanow, Spacecadet Ventures, Amjad Masad, Balaji Srinivasan, Austin Hill, John Pfeffer, and Dean Skurka.
Euler Finance ($32M) | A non-custodial protocol that allows users to lend and borrow digital assets — with participation from Haun Ventures, FTX, Variant, Jump Crypto, Uniswap, Coinbase Ventures, and Jane Street Capital.
SIZE ($6M) | On-chain OTC — with participation from Three Arrows Capital, Wintermute, Mgnr, Alameda Research, D1 Ventures, Genblock Capital, Cobie, Anthony Pompliano, 0xtuba, Sisyphus, DCFGod, satsdart, Grug, Cozomo de Medici, and Size Chad.
FinTron ($6.5M) | Investing and banking for the Mobile Generation — with participation from AUA Capital Management, Connecticut Innovations, Sage Venture Partners, and Webster Bank.
Gaudiy ($19M) | A Web3 fan platform — with participation from JAFCO, SBI Investments, KDDI, STRIVE VC, and Bandai Namco Entertainment.
Cloudwall ($6.3M) | A digital asset risk management startup — with participation from LocalGlobe, Illuminate Financial, IA Capital Group, Eberg Capital, and Nemo Ventures.
Hive ($7.5M) | A distributed data storage and computing platform — with participation from Global Ventures, OneRagtime, Tom Glocer, Moritz Thiele, Kumar Yamani, LeFonds, and David Gurle.
Autentica | A detailed report about any NFT in seconds.
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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