Despite the prolonged crypto winter, projects continue raising funds in venture rounds. Immortal Game, Nilos, Vulcan, Messari, and Smoothie announced successful rounds today.
Immortal Game Raises $15.5 Million
In a recently closed venture round, Immortal Game, a chess game, raised $15.5 million. TCG Crypto led this investment round, with participation from other investors like @TheImmortalGame, @alvencap, @Moonfire_VC, @kimaventures, @spice_cap, @35Ventures, @Sparkle_VC, @KrakenVentures, @BlockwallCap, @Global_Founders, and @BlackpoolHQ. Immortal Games intends to bring Chess into the NFT space.
Thomas Zaepffel, Immortal Game co-founder and CEO, recently said;
“An inflection point in the adoption of blockchain technology for consumer gaming has been reached. Chess is a centuries-old game that benefits from this technology, preserving its heritage while attracting a new group of players. We are excited for the support of 50 Grand Masters as we continue to broaden the reach of this incredible game.”
Nilos Raises $5.2 Million in Venture Round
In another venture round, Nilos, a network building a unified business platform, just raised $5.2 million. This funding round was co-led by Viola Ventures and Fabric Ventures.
Nilos intends to Unify crypto wallets, payment service providers, and fiat corporate accounts to ensure that money flows, income, and payments are easily traced on one platform.
A partner at Viola Ventures, Omry Ben David, recently said;
“We are big believers in web3 infrastructure plays. The Nilos team is solving a huge gap, bridging financial and treasury services for web2 and web3 companies looking to embed on-chain revenues with their fiat operations in a seamless, compliant and secure way.”
Vulcan Raises $8 Million in Series a Funding Round
Vulcan, an NFT-based gaming firm, just recently closed a funding round, raising $8 million. SkyBridge Capital led this venture round. Vulcan allowed SkyBridge Capital to invest about $33 million in Vulcan Forged.
Interestingly, Vulcan Forged intends to use the fund to build a multiplayer online game called Vulcan Verse. Moreover, the funds will help in Vulcan Verse’s expansion.
Messari Raises $35 Million Led by Brevan Howard
Recently, a crypto data analytics network Messari closed a successful Series B venture round, raising $35 million. Brevan Howard Digital led the funding round with investors like FTX Ventures, Samsung Next, Morgan Creek Digital, Point72 Ventures, Underscore VC, Galaxy, Kraken Ventures, Uncork Capital and Coinbase Ventures.
Messari’s Co-founder & CEO Ryan Selkis recently said;
“We’re excited to welcome a remarkable group of investors as partners in our next growth phase. We are committed to providing investors, crypto enterprises, and token communities with the tools they need to participate in the crypto economy. This new funding will help us grow our team, expand internationally, and invest in new data offerings and tools that complete our market-leading product suite.”
Messari just recently launched new products, including Data Apps and Protocol Metrics. Messari’s Director of Product Florent Moulin recently said;
“We’ve always built our products with our customers in mind. We’ve witnessed a large demand for real-time protocol financial reporting, so we’re proud to introduce these unique offerings that completely change the user experience. With the launch of Protocol Metrics and Data Apps, we’re ushering in an era where Messari is as equally strong of a data provider as it is a research and analytics provider. We look forward to seeing the type of Web3 talent this new era attracts.”
Smoothie Raises $1.2 Million in Funding Round
According to reports, Smoothie, “a discover-to-earn awards platform for web3 projects,” recently completed a funding round that raised $1.2 million. In a Twitter thread, Matt Kim, the project’s founder, said;
“I’m excited to announce that we raised $1.2M for @withsmoothie. We’re building the product hunt for web3.”
A tweet by @crypto_delflow gave some details about the venture round, saying;
“Product hunt for Web3 @withsmoothie raised $1.2M in a funding round. @LongHashVC, @YoubiCapital, @GhafCapital, CyberConnect, King River Capital, Stateless Ventures, Sneaky Ventures, and Hive Hatch are among investors.”
The project’s founder made the first announcement about the fundraising on the 19th. In a Twitter thread, Matt Kim mentioned the relevance of this platform.
Sourced from crypto.news.
Written by Wayne Jones on 2022-09-22 08:41:17.
