Dove Dispatch #57
$852M Raised Across 36 Funding Rounds
GM and welcome to Dove Dispatch #57!
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 36 projects announced fundraising rounds:
MetaOne ($2M) | Games guilds as a service — with participation from Huobi Capital, Cypher Capital, GSR, LD Capital, Cogitent Ventures, Lead Capital, Rich Fish Investment, Decentralized, Zhang Fan, and Big Success Global.
Style3D ($100M) | The world's first digital platform for creating and collaborating with virtual samples — with participation from Hillhouse, and CDH Investments.
Magic Eden ($130M) | The leading NFT Marketplace on Solana — with participation from Electric Capital, Greylock Partners, Sequoia Capital, Lightspeed Venture Partners, Paradigm and others.
BlockFi ($250M) | Secured non-bank lender that offers cryptoasset-backed USD loans to cryptoasset owners — with participation from FTX.
Afropolitan ($2.1M) | Creating a digital nation to enable all Africans to build abundant lives — with participation from Hashed, Atlantica Ventures, Microtraction, Future Africa, Cultur3 Capital, Shima Capital, Savannah Fund, Ingressive Capital, RaliCap, Berrywood Capital, Abdul Hassan, Hanu Fejiro, Nadayar Enegesi, Elizabeth Yin, Carlos Gomes, Jide, Ngozi Dozie, Biola Alabi, Yida Gao, Shiliang Tang, Balaji Srinivasan, Dare Obasanjo, Stephanie Busari, Rolf Hoefer, Ik Kanu, iammm.eth, Chris Maurice, Kitana, Aya Kantorovich, Justin Norman, Njoku Emmanuel, Tiwa Williams, Shodipo Ayomide, ItsTravel, Jesse Nana Kojo, Olumide Soyombo, Preston Timeyin, Andrew Uchenna Offorjebe, Dénola Grey, Igbo Black Panther, Chuba Ezekwesili, Osione Itegboje, Sana Kibz, Nnamdi, Tony Okoro, CAMO, Joy Ofodu Voiceover, Dayo K., Shubham Jain, Igwe, Mark Cuban, Nadayar Enegesi, Brylan Donaldson, Maya Caddle, M.I Abaga, Eniola Mafe, Edmund Olotu, Hoodlum, Oghosa, M. (3,3), Ipalibo, Kemi Adetiba, and Audacity.Fund.
Neol ($5.2M) | Learn, connect and collaborate to solve challenges that matter — with participation from kyu Collective, Global Ventures, LearnStart VC, Learn Capital, FJ Labs, Paribu Ventures, Tim Brown, Emin Gun Sirer, Sota Nagano, and Tony Xu.
Increment ($1.6M) | A distributed, algorithmic exchange rate protocol building on zkSync 2.0 — with participation from AngelDAO, Delphi Digital, Dialectic Capital, LedgerPrime, SkyVision Capital, Francesco Renzi, Nick Chong, Cole Petersen, Joseph Young, Mariano Dipietrantonio, Nadia Alvarez, and fomosaurus.
Astaria ($8M) | An NFT lending platform unlocking instant liquidity — with participation from True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis, LedgerPrime, Hypersphere Ventures, The LAO, Republic, Flow Traders, Proof Group, Mgnr, Genblock Capital, Anthony Sassano, Sam Kazemian, Tim Beiko, Nick Emmons, Dean Eigenmann, Alex Svanevik, Philipp Zentner, Mariano Conti, Nathan Allman, Corbin Page, ivangbi, Avi Meyers, Meltem Demirors, Kartik Talwar, James Prestwich, Galen Law-Kun, and Andrew Thurman.
Qihuo Technology | Metaverse infrastructure company — with participation from Linear Ventures, and Aoya Design.
Outland ($5M) | Fostering critical conversations around emerging digital technologies + their connections to contemporary art — with participation from OKX, Dragon Roark Venture, IMO Ventures, and JDAC Capital.
Terrible Pets ($4M) | The start of a new way to tell stories with Web3 — with participation from First Round Capital, XYZ Capital, Moment, Alec Berg, Mike Judge, Craig Mazin, Malcolm Spellman, and Karyn Kusama.
zCloak Network ($5.8M) | The privacy gateway to Web 3.0 — with participation from Coinbase Ventures, DFG, Jump Capital, Bixin Ventures, KuCoin Ventures, SkyVision Capital, Sanctor Capital, Signum Capital, Matrixport, Hash Global, Zeuth Ventures, Vector Capital, PrimeBlock Ventures, Jsquare, Mask Network, Harmony, Arkn Ventures, DRK Lab, Futureverse Labs, Ceras Ventures, and Sancus Ventures.
Crema Finance ($5.4M) | 1st concentrated liquidity protocol on Solana — with participation from Qiming Venture Partners, IDG Capital, Apollo Capital, Everest Ventures, Evernew Capital, AGE Crypto, Big Brain Holdings, Longling Capital, Summer Capital, Mentha Partners, FineWill Capital, Zonff Partners, and Cipholio Ventures.
EktaChain ($60M) | A Layer 1 ecosystem focused on bringing real-world assets on-chain with the goal of improving lives, communities, and preserving natural resources — with participation from Gem Capital.
🙌 Thanks to our sponsors at BarnBridge
Rooba Finance ($1.3M) | Institutional crypto & digital asset management ecosystem — with participation from Inflection Point Ventures, LetsVenture, Endurance Capital, and Kube VC.
OpenLeverage | Permissionless lending and margin trading protocol that enables traders to long/short any trading pair on DEXs efficiently and securely — with participation from Binance Labs.
EcoWatt ($110M) | A renewable energy company, dedicated to tokenizing carbon credits and offering Web 3.0 solutions — with participation from Gem Capital.
Bunkyr ($1M) | Zero-Knowledge security without seed phrases or backup codes — with participation from Y Combinator, Soma Capital, Protocol Labs, Justin Kan, Exceptional Capital, FAST, Gianfranco Gentille, Daniel Shi, Thomas Piccirello, and Robin Chan.
CWallet ($875k) | Beyond a digital wallet — with participation from MBK Holding, and Angel.qa.
Bits of Stock ($4.4M) | Earn stock rewards in the brands you love — with participation from Keen Venture Partners, and Yellow Accelerator.
Immortal Game | The world's first chess game with play-and-earn — with participation from Cassius Family, Global Founders Capital, Greenfield One, Blockwall, Moonfire Ventures, Kima Ventures, Kraken, Stake Capital Group, and Gains Associates.
Tellie ($10M) | The fastest, easiest site builder for Web2 and Web3 creators — with participation from Malibu Point Capital, Galaxy Digital, Osage Venture Partners, Dapper Labs, Upfront Ventures, Gaingels, Corazon Capital, TQ Ventures, and SXSW.
TacVue | Gamified social hub, that offers tools for brands, collectors, and creators to build Web3 decentralized projects.
monumental | NFT art marketplace empowering artists, galleries, and collectives through curated spaces.
Upvest ($42M) | Empowering financial institutions to offer investment products in their app with a modular, scalable and accessible solution — with participation from Bessemer Venture Partners, Earlybird Venture Capital, Notion Capital, Partech, Speedinvest, 10x Group, ABN AMRO, and Maximilian Tayenthal.
TripleA ($4M) | Accept crypto payments, grow your business — with participation from zVentures.
Sknups ($3.5M) | Fashion digital collectibles platform and metaverse partner — with participation from Adelpha, Redrice Ventures, and Blue Wire Capital.
Earth From Another Sun ($4.5M) | A science fiction action-oriented strategy role-playing game featuring an ever-expanding galaxy — with participation from Solana Ventures, Alameda Research, and Lightspeed Venture Partners.
BitCraft ($22M) | A social sandbox MMO where players explore a single massive procedurally generated world with an open free market economy and player self-governance — with participation from Andreessen Horowitz, David Baszucki, Supercell, Hilmar Veigar Pétursson, and David Helgason.
CASTLE ($1.5M) | The smart wallet for NFT collectors — with participation from Dragonfly Capital, Palm Tree Crypto, Lattice, White Star Capital, Framework Ventures, Andy Chorlian, gmoneyNFT, Jess Sloss, Trevor McFedries, Cooper Turley, Hunter Horsley, Mariano Conti, Jason Goldlist, John Barnett, Joshua Harris, and Linda Xie.
Endaoment ($6.67M) | Every nonprofit now accepts any cryptocurrency or NFT — with participation from Shine Capital, Coinbase Ventures, Circle, Higher Ground Labs, Framework Ventures, Quiet Capital, Hypersphere Ventures, Tim Ferriss, pplpleasr, Erick Calderon, Noah Zinsmeister, Adam Nash, Gregoire le Jeune, and Nathan van der Heyden.
NFTPort ($26M) | One-stop & simple NFT infrastructure & APIs for developers — with participation from Atomico, Taavet+Sten, Protocol Labs, Jaynti Kanani, Jutta Steiner, IDEO Colab Ventures, Balaji Srinivasan, Ott Kaukver, vasa, Ragnar Sass, Francesco Renzi, Ryan Adams, Timmu Tõke, Kaspar Tiri, Edgar Aronov, Romain Huet, Stani Kulechov, Ilkka Paananen, Duncan Cock Foster, Fredrik Björk, Mikko Kodisoja, Risto Siilasmaa, Mehdi Ghissassi, Alven, Marc Bhargava, Riivo Anton, Indrek Kasela, Gerri Kodres, Frank the Tank, and Sebastien Borget.
DaoLens ($5M) | From onboarding to activation to contributor management, we take care of it all — with participation from Nexus Venture Partners, Better Ventures, iSeed II, Balaji Srinivasan, Gokul Rajaram, Kunal Bahl, Rohit Bansal, Kunal Shah, Sandeep Nailwal, Raj Gokal, Simon Doherty, and Arjun Sethi.
Kaleidoco ($7M) | A technology company built for Web3 experiences — with participation from Animoca Brands, GameFi Ventures, Gemini, Jane Street Capital, Adit Ventures, Merit Circle, Nexo, Hex Trust, Superchain Capital, and The Seelig Group.
Mosdex ($20M) | A global crypto arbitrage platform — with participation from Evli, Lifeline Ventures, NordicNinja, Petteri Suorsa, Magnus Eskelinen, and Jouni Väisänen.
Soulbound ($3.6M) | Building middleware for the metaverse to empower players like never before — with participation from Animoca Brands, Delta Blockchain Fund, Genblock Capital, Moonchain Capital, Compute Ventures, NGC Ventures, M31 Capital, PANONY, Rainmaker Games, Everest Ventures, TsingTing Capital, vEmpire, SL2 Capital, AAG Ventures, Metal VC, and Highstreet.
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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