Digest
May 09, 2022

Metaverse Fundraising Weekly Report #5

Metaverse Fundraising Weekly Report 2-8 May

This week’s fundraising updates for blockchain, Metaverse, and tech companies. 

May 3rd

Stakes, a social wagering platform, has raised $5.3M. Among the investors are Digital Currency Group, FBG Capital, CMS Holdings, LD Capital, Cadenza Ventures, Matrixport Ventures, and Sterling Select Group.

Syndicate, a DAO Platform, raised $6M. Among the investors are Circle Ventures, OpenSea, Uniswap Labs Ventures, and Carta.

May 4th

Bundlr Network, an Arweave-based data storage startup has raised a $5.2M seed round. Hypersphere Ventures, Arweave, Permanent Ventures, and Framework led the round. 

Among other investors are OpenSea Ventures and Race Capital.

May 5th

Cometh, a gaming startup, has raised $10M seed round led by White Star Capital, Stake Capital. Other investors are Serena, Shima Capital, and IDEO CoLab Ventures.

Untamed Planet, a Solana-based gaming startup, has raised $24M in Series A funding round. It was led by Animoca Brands.

InfiniGods, a gaming startup, has raised $9M in seed funding, led by Pantera Capital. Other investors are Framework Ventures, Jefferson Capital, Animoca Brands, and Double Peak.

Zora, an NFT protocol, raised $50M. The round was led by Haun Ventures, backed by Coinbase Ventures and Kindred Ventures. After the round, Zora values $600M.

LootRush, a blockchain gaming platform, raised $12M in a seed round. The round was led by  Paradigm. Andreessen Horowitz (a16z) and Y Combinator backed the round. Among other investors are a group of Angel investors, among which are the founders of Axie Infinity, Plaid, Wildlife Studios, Dapper Labs, The Chainsmokers, and Vivi Nevo.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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