GM and welcome to Dove Dispatch #58!
We have two open roles at Lattice:
We are building the best early-stage fund in the industry β come join us!
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.
πΉ Watch What is SMART Alpha?
Last week 35 projects announced fundraising rounds:
Swave ($7.4M) | Bringing the metaverse to life β with participation from imec.xpand, Flanders Future Techfund (FFTF), and Qbic Fund.
peaq ($6M) | Deep-tech company developing decentralized infrastructure for the Economy of Things β with participation from Fundamental Labs, Hashkey Capital, Delta Blockchain Fund, GSR, Cypher Capital, Ceras Ventures, coinIX, WAMI Capital, GravityX Capital, Moonrock Capital, XT Labs, Master Ventures, Waterdrip Capital, Blockchain Alpha, Mulana, and YAP Capital.
PolySign ($53M) | Developing secure and scalable infrastructure for financial institutions to fully leverage their digital assets β with participation from Cowen Group, Brevan Howard, GSR, and Soros Fund Management.
Zigazoo ($17M) | The worldβs largest social network and NFT education platform for kids β with participation from Liberty City Ventures, Animoca Brands, Dapper Labs, Onefootball, Lightspeed Venture Partners, Flamingo Capital, Spartan Group, Causeway Media Partners, Dixie D'Amelio, Charli D'Amelio, Jimmy Kimmel, Serena Ventures, NBA, Medici Ventures, and Core Ventures.
CoinFLEX ($47M) | Home of crypto yields, flexUSD, AMM+ & Note Tokens, physically-delivered crypto futures exchange, and crypto repo market.
Kaiko ($53M) | Providing institutional-grade digital assets market data β with participation from Eight Roads Ventures, Revaia, Alven, Point Nine Capital, Anthemis, and Underscore VC.
Circulor ($25M) | CO2 tracker and supply chain traceability provider β with participation from The Westly Group, Volvo Cars, Jaguar Land Rover, and BHP Ventures.
RLTY ($4.2M) | The metaverse event company β with participation from Jeremy Bendayan, Kima Ventures, Monoceros, OWL Ventures, Stake Capital Group, Cowa Ventures, Blue Wire Capital, Sebastien Borget, Adrien Montfort, Guillaume Lestrade, Julien Bouteloup, Alexandre Ichai, Romain Afflelou, Samir El Agili, Cyril Hanouna, Mouloud Achour, gmoneyNFT, Michael Amar, Guillaume Sztejnberg, Batuhan Dasgin, Karl-Martin Ahrend, Josef Bovet, Scott Gordon, Gregoire le Jeune, Didier Rosenberg, Marjorie Fourcade, Gustavo Mana, Gilad Engel, Barthelemy Kiss , Clarisse Grilhault, Geoffrey Perez, and Michael Bouhanna.
Raccoon Network ($1M) | An open world that is an all-new metaverse where players can build, own and monetize their data β with participation from Freedom Protocol.
Stella Fantasy ($5M) | Conquer the Abyss Rifts, hunt, gather, craft, and fight in an anime-inspired world β with participation from Animoca Brands, DeFiance Capital, Play Ventures, GuildFi, Avocado DAO, PathDAO, Double Peak, DWeb3 Capital, and Planetarium.
Flowdesk ($30M) | Building a trading infrastructure to provide market-making services for Web3 players β with participation from Eurazeo, Algae Ventures, ISAI, Speedinvest, Fabric Ventures, Ledger, Bpifrance, Nicolas Julia, Sebastien Borget, Pascal Gauthier, Alexandre Prot, Ben Chemla, Dan Childs, Marc Bhargava, Didier Vallet, Gautham Radhakrishnan, Perry Blacher, Mark Ransford, Nicholas James Miller, Sam Wisnia, Alexis Bonte, Meltem Demirors, Alexis Bonillo, Petrock Capital, Lemniscap, Sfermion, Coinbase Ventures, Gregoire le Jeune, Sandy Peng, Kaushik Chakravarti, Delphi Digital, Kartik Garg, NGC Ventures, FEBE Ventures, Impossible Finance, and Louis Guthmann.
Azuro ($4M) | A decentralized autonomous organization focused on the democratization and innovation in betting β with participation from Alliance DAO, Arrington Capital, Ethereal Ventures, Delphi Digital, Hypersphere Ventures, Quiet Capital, Formless Capital, Gnosis, Merit Circle, OP GAMES, PathDAO, Mask Network, SevenX Ventures, Red Beard Ventures, NxGen Capital, and Victor Ji.
Mech.com ($6M) | Building the future of metaverse gaming β with participation from Shima Capital, Big Brain Holdings, Anti Fund, Cryptology, BreederDAO, Master Ventures, Metavest Capital, Andromeda Capital, Miko Matsumura, Pulse Ventures, and Polygon.
Unizen ($200M) | World's first Smart Exchange Ecosystem for digital assets β with participation from GEM Global Emerging Markets.
FTT DAO ($7M) | An independent, community-led DAO set up by friends, followers and fans of the FTX Token β with participation from
M3TA | A Web3 data analytics firm for gamers β with participation from VinaCapital Ventures.
EyesFi ($2M) | A Web3 lifestyle App β with participation from Multicoin Capital, Delta Blockchain Fund, and Puzzle Ventures.
Brave Group ($18M) | We are developing a multifaceted metaverse business focused on the entertainment sector β with participation from Dawn Capital, Daigas Group, and Saison Capital.
Cryptoys ($23M) | A universe where toys, gaming & entertainment collide on the blockchain to bring a whole new meaning to the word β with participation from Andreessen Horowitz, Dapper Labs, Draper Associates, Acrew Capital, CoinFund, Animoca Brands, Sound Ventures, Mattel, Miami Angels, Flamingo Capital, Mark Kingdon, and Adriana Cisneros.
System 9 ($5.7M) | A digital asset market-making firm focused on the alt-coin market β with participation from Capital6 Eagle, CΒ² Ventures, Gate Ventures, AscendEX, and Kronos Asset Management.
π Thanks to our sponsors at BarnBridge
Cyan ($2M) | The Buy Now, Pay Later service for the metaverse β with participation from gumi Cryptos, Animoca Brands, OpenSea, Fabric Ventures, Bastion Trading, Sebastien Borget, and Jingyu Xiang.
CloudFeather Games ($1.2M) | Buy or build real money games β with participation from Lumikai, Venture Highway, Maninder Gulati, and Manish Agrawal.
Klap ($4M) | Earn interest, borrow assets, and farm yield β with participation from ROK Capital, Quantstamp, Ascensive Assets, Krust, Manifold, Krew, and Novis.
WarpSound | AI-driven metaverse music platform β with participation from Steven Vasilev, Benoit Pagotto, Chris Le, Nikhil Gopalani, Warner Music Group, Sebastien Borget, and Crush Ventures.
Endstate ($5.5M) | The future of product ownership by marrying physical and digital products, and distributing the value created by these products more fairly β with participation from Archetype, Accomplice, Castle Island Ventures, CMS Holdings, John Capodilupo, Road Capital, Permit Ventures, Alexandra Drane, Antonio Bertone, Jerod Mayo, Will Ahmed, and Peter Bell.
Eight XR ($820k) | The most powerful metaverse graphic web engine.
Lotus Capital | A crypto launchpad for startups that have a real-world use case.
FalconX ($150M) | A complete end-to-end institutional trading solution β with participation from GIC, B Capital, Wellington Management, Adams Street Partners, Tiger Global Management, and Thoma Bravo.
Doodles | A community-driven collectibles NFT project β with participation from Seven Seven Six.
Prime Trust ($107M) | A blockchain-driven trust company that provides API-driven open banking solutions β with participation from FIS, Fin Capital, Mercato Partners, Kraken, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund, Gaingels, GateCap Ventures, and Seven Peaks Ventures.
SithSwap ($2.6M) | Next-gen AMM on StarkNet β with participation from Lemniscap, Big Brain Holdings, GSR, DWeb3 Capital, GHAF Capital Partners, Anthony Beaumont, and Etienne Royole.
Vibe Bio ($12M) | Building a community to find and fund treatments for rare diseases β with participation from Initialized Capital, Naval Ravikant, Balaji Srinivasan, 6th Man Ventures, Yvonne Hao, Enke Bashllari, Andy Coravos, Lerer Hippeau, Andy Palmer, Mike Dudas, Ryan Selkis, Gaurav Jain, Packy McCormick, Raj Gokal, and Folius Ventures.
Future Fund ($3.8M) | Personal saving made easier than ever with cashback-driven DeFi cashbox.
Gearbox Protocol ($5.6M) | Take leverage in a DeFi-native way and then use it on your favorite DeFi protocols β with participation from Placeholder, A.capital, Galaxy Digital, Zee Prime Capital, Polymorphic Capital, LedgerPrime, and Global Coin Research.
Neol ($5.2M) | Learn, connect and collaborate to solve challenges that matter β 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.
Dove Metrics newsletter is sponsored by BarnBridge.
BarnBridgeβs 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.
πΉ Watch What is SMART Alpha?
π Read Messari report on SMART Alpha
πΉ Play with SMART Alpha