VLayer touts $10 million pre-seed raise

Total investments in crypto venture capital (VC) funding surpassed $40 million last week, with decentralized data infrastructure platform VLayer netting $10 million.

This is a large drop in volume and value compared to the previous week.

crypto.news examined the latest crypto-fundraising.info/deal-flow/page/2/?start_date=2024-11-03&end_date=2024-11-09&sortby=raised&sort=desc” target=”_blank” rel=”nofollow”>data to determine which startups managed to raise the most venture capital.

Layer V, 10 million dollars

• It raised $10 million in a pre-seed round led by CSX and Credo.
• VLayer is building a decentralized data infrastructure with zero-knowledge proofs.
• The project enables verifiable on-chain integration of data both on-chain and off-chain.

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Cytonic, $8.30 million

• The company raised $8.3 million in a seed round led by Lattice and Lemniscap.
• Additional support was received from IOBC Capital, Nomura and Lyrik Ventures.
• Cytonic is developing a Layer 1 blockchain for universal Web3 compatibility.

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Lighthouses, 8 million dollars

• Raised $8 million in seed funding from prominent investors.
• Key sponsors include Hack VC, Lightspeed Faction and SNZ.
• The project is building a deeply parallel Layer 1 blockchain network.

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Pond, $7.5 million

• It raised $7.5 million in a seed round led by Archetype.
• The project is backed by Cyber ​​Fund, Coinbase Ventures, and NEAR Foundation.
• Pond is a pioneer in developing ai models in the crypto space.

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GameBeast studio, $2 million

• The web3 gaming platform x.com/GameBeast_HQ/status/1853078627975614464″ target=”_blank” rel=”nofollow”>secured $2 million in initial financing.
• GameBeast Studio focuses on blockchain game development and innovation.
• Major investors include Tideo Capital and T-Fund.

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Right, 1.5 million dollars.

• Rekt, the parent company behind the Rektguy nft project, Rekt Drinks, and Rekt Brand, raised $1.5 million in seed funding.

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Regular laboratories, 1.5 million dollars

• Usual Labs raised $1.5 million from investors like Echo, Comfy Capital, etc.
• The project is a startup that is building the USD0 stablecoin ecosystem.

Notable crypto VC Funding Rounds Under $1.5 Million

• SkyX raised $1 million in pre-funding.
• Betski raised $345,000 in pre-seed investments.
• Phi announced a strategic funding round with an amount to be determined.

Take a look at last week's column here.