Financing Express of the Week | 16 projects received investment, with a total disclosed financing amount of approximately US$128 million (7.8-7.14)

According to incomplete statistics from Odaily Planet Daily, there were 16 blockchain financing events announced at home and abroad from July 8 to July 14, a significant decrease from last weeks data (26 events). The total amount of financing disclosed was approximately US$128 million, an increase from last weeks data (US$122 million).

Last week, the project that received the most investment was Partior, a cross-border payment and settlement blockchain company, with $60 million; followed by Argentinian fintech company Tapi with $20 million.

The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional company whose business involves blockchain):

Blockchain payment and settlement technology company Partior completes $60 million financing, Jump participates in the investment

On July 12, Partior, a cross-border payment and settlement blockchain company, completed a $60 million financing round led by Peak XV Partners, with participation from Jump Trading, Valor Capital, Temasek, JPMorgan Chase and Standard Chartered Bank.

Argentine fintech company Tapi completes $20 million Series A financing, led by Kaszek, with participation from a16z and others

On July 12, Argentine fintech company Tapi completed a $20 million Series A financing, led by Kaszek and participated by a16z and others. It is reported that Tapi is a payment processor for large Latin American consumer platforms such as Mercado Pago and crypto exchange Lemon.

L2 chain service provider Rome raises $9 million, with Hack VC, Bankless and others participating

On July 9, crypto startup Rome announced that it had completed a $9 million financing round, with Hack VC, Polygon Ventures, HashKey, Portal Ventures, Bankless Ventures, Robot VC, LBank, Anagram, TRGC, Perridon Ventures, and angel investors including Anatoly Yakovenko, Nick White, Santiago Santos, Comfy Capital, Austin Federa, and Jason Yanowitz participating.

Fixed-rate lending agreement Term Finance completes $5.5 million strategic round of financing, led by Electric Capital

On July 9, the fixed-rate lending protocol Term Finance announced the completion of a US$5.5 million strategic round of financing, led by Electric Capital, with participation from Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Maelstrom and others. The new funds will be used to develop the protocol and accelerate Terms roadmap to simplify lending through features such as recycling, passive lending, automation and real-time alerts.

Multi-chain search engine Dora completes $5.5 million in financing, led by Dragonfly and Lemniscap

On July 10, the CEO of multi-chain search engine Dora announced on the X platform that the project has completed $5.5 million in financing, led by Dragonfly and Lemniscap, with participation from Robot Ventures, Maven 11, Arche Capital, etc. Dora has currently created the Dora block browser and Dora discovery engine to promote on-chain adoption, and will enhance all interoperability solutions integrated into Dora.

Web3 identity layer idOS raises $4.5 million led by Fabric Ventures

On July 9, Web3 identity layer idOS announced the completion of $4.5 million in financing, led by Fabric Ventures, and formed an alliance with Arbitrum, Circle Ventures, RippleX, GnosisDAO, NEAR Protocol, Aleph Zero, Radix, Tezos, etc. The alliance aims to develop the Web3 identity layer and promote the adoption of decentralized identity in the Web3 space.

SocialFi platform RECRD completes $4 million financing, Sui Foundation leads the investment

On July 11, SocialFi platform RECRD announced the completion of two rounds of financing totaling US$4 million, led by Sui Foundation, with participation from DNA Fund, Alphabit Fund and others.
RECRD’s platform allows creators to receive 100% of ad revenue, tokenized based on views rather than followers. Creators can also turn their videos into NFTs and sell them directly on the platform.

Algorithmic crypto trading platform Tread.fi completes $3.5 million in funding

On July 11, Tread.fi, an algorithmic crypto trading platform founded by former Morgan Stanley employees, completed a $3.5 million seed round of financing. This round of financing was led by New Form Capital, with participation from Aquanow, Varys Capital, GBV Capital, Thanefield Capital and others.

Football management game Soccerverse completes seed round extension financing, led by well-known game publisher Square Enix, bringing total financing to US$4 million

On July 13, the massively multiplayer online football management game Soccerverse announced on the X platform that it had officially completed a $3.1 million financing led by Final Fantasy publisher @SquareEnix. It is understood that this fund will subsequently promote the projects mission of using blockchain technology to change football management games.

Crypto payment company Kulipa completes $3 million seed round of financing, led by Fabric Ventures and White Star Capital

On July 10, crypto payment startup Kulipa announced earlier this month that it had completed a $3 million seed round of financing, led by Fabric Ventures and White Star Capital.
It is reported that Kulipa was founded in 2023 and aims to provide a platform for issuing crypto payment cards for non-custodial wallets. Kulipa can settle stablecoin transactions on multiple blockchains, including Ethereum, multiple Ethereum Layer 2 and Solana.

Telegram ecosystem game Pixelverse raises another $2 million, bringing total funding to $7.5 million

On July 12, the startup entertainment studio and gaming ecosystem Pixelverse recently raised another $2 million from venture capital firms and private investors, bringing its total financing to $7.5 million. Galaxy Interactive, Crit Ventures and Arc Community participated in the financing along with several crypto angel investors such as Alex Kruger, Luke Belmar, Mike Dudas and Coco Bear. It is understood that Pixelverse is planning a token generation event (TGE) this summer.

Stablecoin protocol Satoshi Protocol raises $2 million, led by CMS Holdings and RockTree Capital

On July 9, Bitcoin ecosystem stablecoin Satoshi Protocol announced the completion of its seed round of financing. The total amount of this round of financing is US$2 million, led by CMS Holdings and RockTree Capital, and participated by Cypher Capital, Side Door Ventures, Optic Capital, Metalpha (NASDAQ: MATH, a subsidiary of Bitmain), Outliers Fund, Comma 3, and angel investors Paul Taylor (ex-BlackRock) and Yenwen Feng (Perpetual Protocol).

Web3 infrastructure protocol ThirdFi completes $2 million token financing, with Chainlink and others participating

On July 10, Web3 infrastructure protocol ThirdFi.org completed a $2 million token financing, with Techstars, Chainlink, Outlier Ventures, Alphabit Capital and others participating in the investment.
ThirdFi provides identity information for Web3 users and APIs and SDKs for developers. ThirdFi is transforming into a modular Web3 infrastructure protocol, focusing on AI applications in the DeFi field.

L2 Project BOB Completes $1.6 Million Strategic Round of Financing, Led by Ledger Ventures

On July 10, L2 project BOB announced the completion of a US$1.6 million strategic round of financing, led by Ledger Ventures, with participation from institutions and project parties such as BlackRock, Rarible, Ordinals, Aave, Curve, Threshold, Magic Eden, Mechanism, Injective, Vessel Capital, Babylon and Centrifuge. It is reported that US$1 million of this round of financing will be allocated to the BOB incubator to support startups focusing on Bitcoin infrastructure and BOB dApps development.

Decentralized AI Agentic Workflow Network Questflow Labs Completes $1.5 Million Angel Round of Financing, Led by Qiji Chuangtan

On July 9, the decentralized AI Agentic Workflow network Questflow Labs announced the completion of a $1.5 million angel round of financing, led by MiraclePlus, and co-invested by founders of PAKA, AgentLayer, TypoX, Dmail Network, Chasm, Litentry, etc. In addition, Questflow Labs has received support from Cohere Incubator, Wanxiang Blockchain Hashkey Capitals Web3+AI Incubator, BuilderDAOs SpringX Incubator, and ecological support from top public chains such as Near, Aptos, and Tezos.

Idle, an on-chain credit and income platform, completes $1.1 million strategic round of financing, led by RockawayX

On July 9, the on-chain credit and income platform Idle announced the completion of a US$1.1 million strategic round of financing, led by investment company RockawayX and participated by Fasanara Digital. As of now, Idles total financing amount has reached US$2.4 million.