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Bitcoin
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$88,985.00 3.57777
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Ethereum
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$3,289.40 -1.27229
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BNB
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$632.60 -1.19211
BNB price
Solana
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$213.75 -2.73597
Solana price
XRP
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$0.700691 17.44235
XRP price
Shiba Inu
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$0.0000265 -4.50731
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Pepe
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$0.0000135 2.37285
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Bonk
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$0.000033 22.83931
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dogwifhat
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Popcat
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Bitcoin
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$88,985.00 3.57777
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Ethereum
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$3,289.40 -1.27229
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BNB
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$632.60 -1.19211
BNB price
Solana
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$213.75 -2.73597
Solana price
XRP
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$0.700691 17.44235
XRP price
Shiba Inu
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$0.0000265 -4.50731
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Pepe
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$0.0000135 2.37285
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Bonk
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BNB
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$632.60 -1.19211
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Solana
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$213.75 -2.73597
Solana price
XRP
XRP (XRP)
$0.700691 17.44235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000265 -4.50731
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000135 2.37285
Pepe price
Bonk
Bonk (BONK)
$0.000033 22.83931
Bonk price
dogwifhat
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$2.99 -3.84451
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Popcat
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$1.58 -4.52618
Popcat price

Crypto VC Funding: VLayer touts $10M pre-seed raise

crypto-vc-funding-vlayer-touts-10m-pre-seed-raise
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Crypto VC Funding: VLayer touts $10M pre-seed raise

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

That’s a large drop in volume and value compared to the previous week.

Crypto.news perused the latest data to determine which startups managed to raise the most venture capital.

VLayer, $10 million

  • Secured $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 both on-chain and off-chain data.
https://twitter.com/vlayer_xyz/status/1853485774085222773

Cytonic, $8.30 million

  • The firm raised $8.30 million in a seed round led by Lattice and Lemniscap.
  • Additional backing was received from IOBC Capital, Nomura, and Lyrik Ventures.
  • Cytonic is developing a Layer 1 blockchain for universal Web3 compatibility.

Pharos, $8 million

  • Secured $8 million in seed funding from notable investors.
  • Key backers include Hack VC, Lightspeed Faction, and SNZ.
  • The project is building a deep-parallel, Layer-1 blockchain network.
https://twitter.com/pharos_network/status/1854948443418247582

Pond, $7.5 million

  • 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 pioneering AI model development in crypto space.

GameBeast Studio, $2 million

  • The web3 gaming platform secured $2 million in seed funding.
  • GameBeast Studio is focusing on blockchain gaming development and innovation.
  • The lead investors include Tideo Capital and T-Fund.

Rekt, $1.5 million

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

Usual Labs, $1.5 million

  • 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-seed funding.
  • Betski gathered $345,000 in pre-seed investment.
  • Phi announced a strategic funding round with an amount TBD.

Take a look at last week’s column here.