Crypto Deal Flow: September 21–24

Delayed the release of Crypto Deal Flow by one day, as a result, today 18 deals are coming!

  1. Valentus| $50m |tokenized fund

A US fund manager is about to launch a Valentus tokenized fund on the Algorand blockchain. The fund will invest in credit projects, the target investment amount is $50m, the minimum investment amount from one investor is $10k.
Source: https://decrypt.co/42802/us-fund-manager-looks-to-raise-50-million-via-token-sale

Valentus: https://www.valentuscapital.com/

2. APY.Finance| $3.6m| Arrington XRP Capital, Alameda Research, Cluster Capital and CoinGecko| seed

DeFi Yield Farming Aggregator APY.Finance raised $ 3.6m from Arrington XRP Capital, Alameda Research, Cluster Capital and CoinGecko.

Source: https://www.coindesk.com/defi-yield-farming-aggregator-apy-finance-raises-3-6m-in-seed-funding
APY.Finance: https://apy.finance/

3. Liquibit Capital| $50m |new fund

Classic financiers from HSBC, Citigroup and Merrill Lynch have launched a $50m crypto fund Liquibit Capital.
Source: https://www.coindesk.com/former-hsbc-citigroup-merrill-lynch-execs-start-50m-crypto-fund
Liquibit Fund: https://liquibit.io/

4. Equilibrium| $27k| Web3 Foundation| grant

Equilibrium, a DeFi startup from the Polkadot ecosystem, received a $27k grant from the Web3 Foundation. The team is developing a module that will allow projects from other blockchains to migrate to Polkadot.

Source: https://cointelegraph.com/news/equilibrium-receives-web3-grant-to-develop-its-universal-defi-module
Equilibrium: https://equilibrium.io/en

5. Skynet Labs| $3m| Paradigm and others| private round

Nebulous has rebranded to become Skynet Labs, an application hosting and file storage platform powered by the Sia Network. The project has raised $3m in investments from a leading investor Paradigm with the participation of Bain Capital Ventures, Bessemer Venture Partners, A. Capital, Collaborative Fund, Dragonfly Capital Partners, Hack VC, INBlockchain, First Star Ventures and others.
Source: https://www.coindesk.com/nebulous-siacoin-skynet-labs-rebrand-paradigm-funding-round

Skynet Labs: https://siasky.net/

6. Panxora| $50m| DeFi fund

And another fund is being launched — Panxora, this time it will specialize in DeFi. They are going to raise $50m.
Source: https://www.coindesk.com/cryptocurrency-hedge-fund-50-million-defi-tokens-market-pullback
Panxora: https://panxora.io/panxora-digital-ventures/

7. Robinhood| $400m| Andreessen Horowitz, Sequoia, Ribbit Capital, 9Yards Capital| series G round

Robinhood has already been on Crypto Deal Flow twice, now the project team has raised another $400m from Andreessen Horowitz, Sequoia, Ribbit Capital, 9Yards Capital. The company’s current valuation is $11.7 billion.
Source: https://www.coindesk.com/robinhood-660m-extended-funding-round-valuation

Robinhood: https://robinhood.com/

8. RockX| $20m| investment program in Polkadot ecosystem

RockX, a digital asset company, has announced the launch of a $20m program to invest in projects from the Polkadot ecosystem. The amount of investment in one startup is limited to $500k. RockX will invest in equity, tokens.
Source: https://bitcoinexchangeguide.com/rockx-to-provide-500k-funding-to-projects-building-on-polkadot-20-million-in-total/

RockX: https://www.rockx.com/

9. Stacked| $1m| CoinFund, Alameda Ventures and Mediatech LTD| seed

Stacked, an investment and algorithmic trading platform, raised $1m in equity from new investors CoinFund and Alameda Ventures and Mediatech LTD, who invested at the pre-seed stage.
Source: https://thedailychain.com/stacked-seed-raise/

Stacked: stackedinvest.com

10. Data Gumbo| $4m| L37, Equinor Ventures, Saudi Aramco Energy Ventures | series B round

Data Gumbo, blockchain developer of GumboNet, has raised $4m from a lead investor L37 involving Equinor Ventures and Saudi Aramco Energy Ventures.
Source: https://www.cryptoninjas.net/2020/09/23/data-gumbo-gets-4m-series-b-funding-to-grow-gumbonet-blockchain/
Data Gumbo: https://www.datagumbo.com/

11. Dune Analytics| $2m| Dragonfly Capital and others| seed

Dune Analytics platform raised $ 2m from lead investor Dragonfly Capital with Multicoin Capital, Hashed, Coinbase Ventures, Digital Currency Group, Alameda Research, Coingecko, Semantic Ventures and 10 private investors.
Source: https://www.duneanalytics.com/blog/seed-round

12. Finance.vote| $960k| Ascensive Asset Management and others| private round

Finance.vote, a decentralized system for enhancing the governance of crypto networks, has raised $960k from Ascensive Asset Management, A195 Capital, Origin Capital, BTC12 and Bitcoin.com.
Source: https://finance.yahoo.com/news/finance-vote-raises-1-4m-154000512.html
Finance.vote: https://www.finance.vote/

13. IOSG Ventures| investments in Keep Network and UMA

IOSG Ventures announced their investments in the Keep Network and intend to participate in the development of the project, in particular in the popularization of tBTC — the ERC-20 version of bitcoin. IOSG Ventures also invested in the synthetic asset protocol — UMA.
Source: https://medium.com/@IOSGVC/a-fully-decentralized-bridge-between-btc-and-defi-is-now-live-8f7a0ea305ba + https://twitter.com/IOSGVC/status/1308290122614358016
IOSG Ventures: https://www.iosg.vc/#/

14. PureStake|$1.4m| Hypersphere Ventures and others| seed

PureStake, the company behind the development of Moonbeam Network, a smart contract platform in the Polkadot ecosystem compatible with Ethereum, has raised $1.4m from the lead investor Hypersphere Ventures and Arrington XRP Capital, HashKey, KR1, Bitcoin.com Exchange and Du Capital.
Source: https://www.purestake.com/news/purestake-closes-1-4m-seed-round-for-moonbeam-network
Moonbeam Network: https://moonbeam.network/

15. DeFiner|undisclosed sum| Alphabit| private round

The DeFiner project, previously featured on the Crypto Deal Flow, announced that it has now raised funds from Alphabit.
Source: https://twitter.com/DeFinerOrg/status/1308447334359941120
DeFiner: https://definer.org/referral/en.html?refkey=cryptoved

16. Flow| Coinlist| Community Sale

The Flow blockchain token sale has been launched on Coinlist. Flow is the platform for a new generation of games, apps, and the digital assets that power them. Flow has top funds and private investors on board. You can read excellent project analytics here.
Source: https://coinlist.co/flow

Community sale: https://coinlist.co/flow-sale?referral_code=47KZ7T

17. RioDeFi|$13.5m| Moonrock Capital, Consensus Lab and AU21| private round

RioDeFi was already on the Crypto Deal Flow on September 4, now the project has revealed the investors of the last round — Moonrock Capital, Consensus Lab and AU21, and also wrote about the metrics of various rounds.
Source: https://coincodex.com/article/9553/riodefi-gears-up-for-public-sale-with-backing-from-12-vcs/
RioDeFi: https://riodefi.com/

18. PowerTrade|$400k| TGE via Discord

PowerTrade ran a public round via Discord and raised $400k. I tried to participate myself and did not get it, and I do not know a single person from my inner circle who would have succeeded.

Source: https://twitter.com/PowerTradeHQ/status/1308413134256902146

PowerTrade: https://power.trade/

Do you like my content? You can thank me, just register using one of the links below:

Binance (cash back 20% forever)

OKEx (cash back 20% for 6 months)

1inch (DEX aggregator, trade with sexy slippage and fees)

UpCloud ($25 bonus, fastest cloud servers)

Trezor (hardware wallets for crypto)

Tokenomic Researcher and CryptoDealFlow author