✴ Here are the valuable Web3 projects that secured funding this week:
⏰️ 25 Feb

  • Byzantine Finance secures 💵 $3m (Pre-Seed) ✨️ from Node Capital, Blockwall Management (and 3 others, viz Lightshift, Masterkey, Kiln) (source).
    🔍 infrastructure for restaking.

  • Geodnet secures 💵 $8m (Strategic) ✨️ from Multicoin Capital (and 2 others, viz ParaFi Capital, Digital Asset Capital Management) (source).
    🔍 RTK (Real-Time Kinematics) enables a 100x improvement in position accuracy as compared to standalone GPS. GEODNET's global RTK Network naturally complements on-device sensors such as Cameras, LiDAR, and IMU's to power AI-based Autonomous Systems.

  • Bitwise secures 💵 $70m ✨️ from Confidential (and 11 others, viz Electric Capital, MMVentures, MIT Investment Managament Company, Highland Capital Partners, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, B.lc, Blockchain Coinvestors, Nikesh Arora) (source).
    🔍 Bitwise is a crypto asset management firm.

⏰️ 24 Feb

  • Torch Finance secures 💵 $1.5m (Pre-Seed) ✨️ from TVM Ventures (source).
    🔍 First Stable Swap on TON.

  • Tenor Labs secures 💵 $2.5m (Seed) ✨️ from Cherry Ventures, Cherry Crypto (and 7 others, viz Coinbase Ventures, Lattice Capital, Daedalus, Atka, Curved Ventures, Re7 Captial, Very Early Ventures) (source).
    🔍 Fixed Rate Infrastructure for the Onchain Economy.

  • Imua secures 💵 $5m (Seed) ✨️ from Draper Dragon, No Limit Holdings, Paramita Venture (and 7 others, viz Reforge, Caladan, Tane Labs, Syntax Capital, MH Ventures, Lecca Ventures, 57Blocks) (source).
    🔍 Imua is a new purpose-built L1 blockchain for shared security that aggregates on-chain decentralized trust via restaking and extends it as a service to the off-chain world of AI and more.

  • Ethena Labs secures 💵 $100m (Private) ✨️ from Confidential (and 6 others, viz Franklin Templeton Investments, Pantera Capital, Polychain Capital, Dragonfly Capital, STIX, F-Prime Capital) (source).
    🔍 Ethena is a synthetic dollar protocol built on Ethereum.

  • MeebCo secures 💵 $3m ✨️ from 1confirmation (source).
    🔍 MeebCo manages the Meebits NFT collection and intellectual property.

  • Memes Lab secures 💵 $2.3m (Seed) ✨️ from Lemniscap (and 7 others, viz Animoca Brands, OKX Ventures, TVM Ventures, GSR, Mirana Ventures, Amber Group, KuCoin Ventures) (source).
    🔍 Memes infrastructure and app tokenizing communities and mindshare on Ton Blockchain.

⏰️ 23 Feb
  • EthicHub secures 💵 $1m (Strategic) ✨️ from Bybit (source).
    🔍 EthicHub is revolutionizing agricultural finance by integrating productive lending, blended finance, and market access.
⏰️ 21 Feb

  • Layer3 secures 💵 $3m (Private token sale) ✨️ from Greenfield Capital (source).
    🔍 Web3 platform designed to simplify and enhance the way people interact with cryptocurrency and blockchain technology.

  • Infinity Ground secures 💵 $2m (Seed) ✨️ from Confidential (and 8 others, viz Animoca Brands, MH Ventures, Marblex, PAKA, Presto Labs, KuCoin Ventures, Frachtis, KnightFury) (source).
    🔍 Infinity Ground is a Web3-native Agentic IDE and AI-driven gaming platform.

⏰️ 20 Feb

  • ClustroAI secures 💵 $12m (Series A) ✨️ from Forum Ventures (and 1 others, viz Metaverse Group) (source).
    🔍 an emerging innovator in edge AI technology.

  • Primus Labs (prev. PADO) secures 💵 $6.5m (Seed) ✨️ from Dispersion Capital, VanEck, Symbolic Capital (and 14 others, viz Samsung Next, Maelstrom, Alchemy, Welara, Blockchain Builders Fund, Modular Capital, Karatage, Amber Group, Mozaik Capital, Initial Capital, Arweave SCP Ventures, SNZ Holding, Hash Global, Legend Star) (source).
    🔍 Primus Labs, formerly known as PADO, is a cryptographic infrastructure platform dedicated to enhancing data interoperability between Web2 and Web3 systems.

  • MANSA secures 💵 $3m (Pre-Seed) ✨️ from Tether, Polymorphic Capital (and 3 others, viz Octerra Capital, Faculty Group, TRIVE Ventures) (source).
    🔍 a global fintech innovator in cross-border payments.

  • AMMO secures 💵 $2.5m (Pre-Seed) ✨️ from Amber Group (and 3 others, viz Samsung Next, Dispersion Capital, Openspace Ventures) (source).
    🔍 AMMO (Architectures for Massive Multiagent Online) is an AI-driven multi-agent ecosystem.

  • Unit Network secures 💵 $18m ✨️ from Blockchain Founders Fund, Outlier Ventures (source).
    🔍 a decentralized financial ecosystem enabling trading of real-world and digital assets through tokenization.

  • Acre secures 💵 $4m (Strategic) ✨️ from Confidential (and 3 others, viz Draper Dragon, Big Brain Holdings, Orange DAO) 🏷️ at valuation $90m (source).
    🔍 a bitcoin staking platform that allows users to earn rewards in bitcoin.

⏰️ 19 Feb

  • Universal Protocol secures 💵 $9m ✨️ from a16z crypto (and 3 others, viz Coinbase Ventures, Four Cities Capital, Data Tech Fund) (source).
    🔍 wrapped asset protocol that enables any token to trade on any blockchain.

  • ResearchHub secures 💵 $2m (Strategic) ✨️ from Boost VC (source).
    🔍 a platform aiming to decentralize science.

  • Fluent Labs secures 💵 $8m (Seed) ✨️ from Polychain Capital (and 9 others, viz Primitive Ventures, Dao5, MH Ventures, Symbolic Capital, Builder Capital, Nomad Capital, Public Works, The Rollup, Balaji Srinivasan) (source).
    🔍 Fluent is an Ethereum Layer 2 network.

  • Cygnus secures 💵 $20m (Pre-Seed) ✨️ from Confidential (source).
    🔍 The First Modular Real Yield Layer.Provides services for any system that requires its own distributed validation, combining non-EVM systems with EVM ecosystem.
    🌍 Cygnus Supports 6 chains, including Ethereum, Base, Arbitrum, TON, Optimism, BSquared.

⏰️ 18 Feb

  • Altius secures 💵 $11m (Pre-Seed) ✨️ from Founders Fund, Pantera Capital (and 5 others, viz Archetype, Reforge, DCG, No Limit Holdings, Amber Group) (source).
    🔍 Altius Labs, focused on enhancing blockchain scalability and interoperability.

  • Maestro secures 💵 $3m (Seed) ✨️ from Draper Associates, Wave Digital Assets (and 4 others, viz UTXO Management, Bitcoin Frontier Fund, Draper Dragon, Necto Labs) (source).
    🔍 Maestro is a Web3 development platform tailored for UTXO-based blockchains.

  • Yield Basis secures 💵 $5m ✨️ from Confidential 🏷️ at valuation $50m (source).
    🔍 Yield Basis aims to initially help tokenized bitcoin and ether holders earn yield from market making by mitigating impermanent loss.

  • Blockaid secures 💵 $50m (Series B) ✨️ from Ribbit Capital (and 3 others, viz Google Ventures, Cyberstarts, Variant Fund) (source).
    🔍 Blockaid is a Web3 cybersecurity company.