(6.15-6.21) Investment and Financing Weekly Report | A total of 12 public investment and financing events, with infrastructure and DeFi leading, financing data has declined for several consecutive weeks
From June 15 to June 21, the crypto market saw a total of 12 investment and financing events, including 4 in infrastructure, 2 in DeFi, 2 in NFT, 1 in gaming, 1 in social, and 2 in others.
This week, there were 4 financing events exceeding ten million dollars:
The modular L1 blockchain Particle Network completed a $15 million Series A financing round, with investors including Spartan Group, gumi Cryptos Capital, and others.
The Solana-based gaming chain Sonic completed a $12 million Series A financing round, with investors including Bitkraft Ventures, OKX Ventures, and others.
The EigenLayer-based restaking protocol Renzo Protocol completed a $10 million financing round, with investors including Galaxy Digital, Brevan Howard Digital, and others.
The Web3 talent network Bondex completed a $10 million financing round, with investors including Animoca Brands, Morningstar Ventures, and others.
This week, the investment and financing activity in the crypto market significantly decreased compared to last week, with a reduction of 50% in the number of events, and each category of financing remained in single digits. Relatively speaking, large-scale financing saw no significant decline. The modular L1 blockchain Particle Network secured the largest financing amount this week.
The investment and financing projects this week are sorted by financing amount as shown in the figure below:
Infrastructure
According to ROOTDATA investment and financing data on June 20, Particle Network completed a $15 million Series A financing round, with investors including Spartan Group, gumi Cryptos Capital, and others. Particle Network is a modular L1 blockchain that powers chain abstraction by creating universal accounts, providing users with a single address and interaction point across chains while extracting gas and unifying liquidity. This enables existing L1 and L2 to coordinate seamlessly across ecosystems.
According to ROOTDATA investment and financing data on June 19, Router Protocol completed a strategic financing round with an unknown amount, with investors including Wintermute, Woodstock, and others. Router Protocol is a cross-chain messaging protocol that uses a mesh network architecture to facilitate communication between different chains. Router offers a suite of products, including its main application Voyager, a flexible widget, and an SDK called CrossTalk.
According to ROOTDATA investment and financing data on June 18, AgentLayer completed a $1.5 million seed round financing, with investors including MH Ventures, Web3.com Ventures, and others. AgentLayer is a decentralized AI token public chain that combines artificial intelligence with human collaboration. AgentLayer utilizes OP Stack and EigenDA to create AgentChain, a public blockchain that enhances coordination and collaboration among agents supported by the AgentLink protocol. This blockchain facilitates contracts and transaction logs between agents and provides an agent OP sequencer to enhance the collaborative network of agents.
According to ROOTDATA investment and financing data on June 18, Sonic completed a $12 million Series A financing round, with investors including Bitkraft Ventures, OKX Ventures, and others. Sonic is a Solana-based gaming chain that proposes the first scalability architecture, HyperGrid, which helps game developers efficiently handle and manage game states, logic, and events. Sonic is 100% compatible with all EVM smart contracts and features a native game engine, providing comprehensive on-chain game development components for game developers.
DeFi
According to ROOTDATA investment and financing data on June 19, Rango completed a financing round with an unknown amount, with investors including Binance Labs, Nomad Capital, and others. Rango is a cross-chain DEX aggregator that combines the powerful features of on-chain DEX aggregators with multiple bridges and cross-chain liquidity providers to offer better liquidity to users.
According to ROOTDATA investment and financing data on June 18, Renzo Protocol completed a $10 million financing round, with investors including Galaxy Digital, Brevan Howard Digital, and others. Renzo is a restaking protocol based on EigenLayer. Renzo abstracts the complex process of restaking for end users, allowing stakers to avoid worrying about the proactive selection and management of operators and reward strategies. ezETH is Renzo's liquidity restaking token that automatically accrues rewards and ensures liquidity, allowing users to participate in DeFi while retaining restaking rewards.
NFT
According to ROOTDATA investment and financing data on June 17, Artfi completed a financing round with an unknown amount, with investors including DWF Labs and others. Artfi is an art company with the mission of democratizing the $1.7 trillion art market. By leveraging the power of NFTs and blockchain technology, Artfi enables anyone to own a part of the world's most popular artworks.
According to ROOTDATA investment and financing data on June 17, Wasabi completed a $3 million seed round financing, with investors including Electric Capital, Alliance DAO, and others. Wasabi is an asset-backed leveraged trading protocol. Starting with long-tail assets like NFTs and meme coins, users can go long, short, and leverage tokens to earn returns.
Social
- According to ROOTDATA investment and financing data on June 20, Zeek Network completed a $3 million seed round financing, with investors including OKX Ventures, Animoca Brands, and others. Zeek is a decentralized collaborative economy incentivized by reputation, supported by an innovative social bounty mechanism called "Wish." Individual behaviors and participation contribute to building a reputation layer called "Rizz," which can be monetized and used to measure credibility, reliability, and influence.
Gaming
- According to ROOTDATA investment and financing data on June 21, Farworld completed a $1.75 million financing round, with investors including Lemniscap, Variant Fund, and others. Farcade, built on Farcaster, is a platform and toolkit for developers to create crypto-native games integrated with on-chain social features. Farworld allows gamers to play games directly where they already are, enjoying an embedded gaming experience that lets them play Farcade games in the Farcade app or on their Farcaster social feeds.
Others
According to ROOTDATA investment and financing data on June 19, Bondex completed a $10 million financing round, with investors including Animoca Brands, Morningstar Ventures, and others. Bondex is a Web3 talent network that supports users through tokenized rewards. Through its open referral system, Bondex allows anyone to become a recruiter, providing opportunities to profit from their networks and expertise. If the candidates they refer are successfully hired, everyone can claim the listed bounty.
According to ROOTDATA investment and financing data on June 20, Bring completed a $1.1 million financing round, with investors including StarkWare. Bring is a Web3 retail platform designed to connect Web3 users with traditional retail platforms through seamless channels.