Toby Etherington’s Post

Web3 November Funding Update: With Christmas rapidly approaching, I've already returned 4 sets of Christmas Tree lights as my girlfriend assures me they're the "wrong shade of warm-white" 🙄 Also, very jealous of anyone out in Mexico for Fireblocks SPARK - what a way to end the year! On a funding front, November was a huge month for the space: Galactic Holdings raised $6.3M in Series A Funding, led by Dragonfly & Galaxy Interactive Pimlico raised $5.8M in Seed Funding, led by a16z crypto Due raised $3.3M in Seed Funding, led by Fabric Ventures Authentickator raised $4M in Seed Funding, led by Menyala Glacier Network raised $2.9M in Seed Funding, led by Signum Capital beoble raised $2M in Pre-Seed Funding, led by Digital Currency Group & Samsung Next Blockchain.com raised $150M in Series E Funding, led by Kingsway Capital Fnality International raised $96M in Series B Funding, led by BNP Paribas & Goldman Sachs Superstate raised $14M in Series A Funding, led by CoinFund & Distributed Global Uniblock raised $2.3M in Seed Funding, led by Various Union Labs raised $4M in Seed Funding, led by Galileo Hinkal raised $4.1M in Seed Funding, led by Draper Associates Rho Labs raised $2.2M in Pre-Seed Funding, led by Speedinvest Saga.xyz raised $5M to top up their Seed Funding, led by Placeholder Fence raised $1.9M in Pre-Seed Funding, led by Semantic Ventures Waltio raised $1.8M in Seed Funding, led by Angels: Clément Coeurdeuil 🍋Owen Simonin Julien Bouteloup Joan Burkovic & Crédit Agricole CIB Acctual raised $3.9M in Seed Funding, led by IDEO CoLab Ventures Term Structure raised $4.2M in Seed Funding, led by Cumberland Congrats to everyone involved, comment below if I've missed anyone! #CryptoFunding #Web3Funding #NFTFunding

Web3 May Funding Update: I hope everyone had an amazing time at Consensus. Sounds like it was a contender for best conference of the year! Humanity Protocol raised $30M in Seed Funding, led by Kingsway Capital ChainML raised $6.2M for a Seed Extension led by Hack VC Polymarket raised $45M in Series B Funding, led by Founders Fund Hylé raised $2.6M in Seed Funding, led by Framework Ventures Intensity Labs raised $6.9M in Seed Funding, led by dao5 & Polychain LWorks raised $1.1M in Seed Funding, led by Varys Capital Zaros Labs raised $1.3M in Seed Funding Feature raised $1.9M in Seed Funding, led by 2 Punks Capital El Dorado raised $3M in Seed Funding, led by Multicoin Capital GaiaNet.AI raised $10M in Seed Funding Switchboard raised $7.5M in Series A Funding, led by Rockaway Blockchain Fund & Tribe Capital Coinflow Labs raised $2.3M in Seed Funding, led by CMT Digital Ventures Aperture Finance raised $6.7M in Series A Funding, led by Blockchain Founders Fund, Krypital Group & Skyland Ventures Supervillain Labs raised $4.5M in Seed Funding, led by Aptos & Intella X BabylonChain Inc. raised $70M in Funding, led by Paradigm Zizle raised $3M in Pre-Seed Funding, led by BlackDragon, Node Kapital & Unity Ventures Congrats to everyone involved, comment below if I've missed anyone! If you're interested in a discussion how I can help grow and scale your company with the best talent in the Web3 Space, please reach out. #CryptoFunding #Web3Funding #NFTFunding

Last week, #Web3 and #Crypto companies raised $151.36M in funding. Which companies received how much investment? Here are the details 👇 NodeOps has raised $5M in a Seed funding round. The round was led by L1D, with participation from Blockchain Founders Fund, Finality Capital Partners, and others. Coinflow Labs has raised $2.25M in a Seed funding round. The round was led by CMT Digital, with participation from Jump Crypto, DCG, Draper Dragon, and others. opensocial has raised $5M in a Seed funding round. The round was led by Portal Ventures and SNZ Capital , with participation from #EVG, Animoca Capital, and others. #StripChain has raised $10M in Venture round. The round was led by Sora Ventures, with participation from Mechanism Capital, Shima Capital, Hyperithm, and others. Anzen has raised $4M in a Seed funding round, with participation from Mechanism Capital, Circle Ventures, Frax Finance, and others. Switchboard has raised $7.5M in Series A funding round. The round was led by Tribe Capital and RockawayX, with participation from Solana Foundation, Aptos Foundation, and others. Fortunafi, #tokenisation platform, has raised $9.51M in Strategic funding round, with participation from Shima Capital, Jordan Fish, Manifold, Ari Litan, and others. PlayAIO, Web3 #AI and #gaming firm, has raised $4.3M in Seed funding round, with participation from Jump Crypto, Alphawave, Zentry, and others. Supervillain Labs, Web3 gaming studio, has raised $4.5M in a Seed funding round. The round was led by Aptos Labs and Intella X, with participation from he Spartan Group, CRIT Ventures, Presto Labs, Planetarium. Babylon, #Bitcoin staking protocol, has raised $70M in Private funding round. The round was led by Paradigm, with participation from Polychain Capital, #Bullish, HashKey Capital, and others. MINT has raised $5M in a Seed funding round, with participation from Jsquare, SNZ Holding, Antalpha, and others. Trala Lab has raised $5M in a Private funding round, with participation from Matter Labs, Animoca Brands, Gate Labs. Plural Energy has raised $2.3M in Pre-Seed round. The round was led by Compound and Necessary Ventures, with participation from Maven 11 and Vold Capital. Neynar, #technology stack for social protocols, has raised $11M in Series A funding round. The round was led by Haun Ventures and USV, with participation from Coinbase Ventures and a16z. ARPA Network has raised $6M in Strategic funding round. The round was led by Laser Digital, and Defiance Capital, with participation from Animoca Ventures, Metrics Ventures, ArkStream Capital and Trinito.

🚀 Big News: Embarking on a New Venture! 🚀 I’m absolutely thrilled to share that I'm taking a bold step forward as the Founder of Platvix! This new chapter is not just a career milestone; it's the evolution of my Master’s project, Project Fex, into a venture that aims to revolutionize the way startups and investors connect. Platvix is born out of a vision to bridge the gap between groundbreaking technology and strategic finance, creating a platform where transparency, efficiency, and innovation drive startup investments. By harnessing blockchain technology, we’re set to offer a seamless, secure environment for startups to thrive and investors to find remarkable opportunities. The roots of Platvix lie in the intensive research and development of Project Fex during my Master's, where I explored the intricate balance of technology and market needs. Building on this foundation, Platvix represents not just a continuation of this work but a leap into making a tangible impact on the startup ecosystem, helping startups at all stages to grow. I warmly invite you to join me and the Platvix team on this exciting journey. Whether you’re an innovator with a dream or an investor with a vision, Platvix is where your aspirations meet reality. Find out more at www.platvix.com Follow Platvix for future updates. Here's to turning visions into success stories, together. #Platvix #StartupInnovation #BlockchainTechnology #NewChapter #Grateful #fintech #investing #fundraising

Last week, #Web3 and #Crypto companies raised $146.2M in funding. Which projects received how much investment? Here are the details 👇 UXLINK, a #Singapore-based provider of a #Web3 social infrastructure, raised over $5M in Seed+ funding round. The round was led by SevenX, INCE Capital and HashKey Capital. Zest Protocol, on-chain lending protocol, has raised $3.5M in Seed funding round. The round was led by Draper Associates. ChainML, Web3 #AI platform, has raised $6.2M in Seed+ funding round. The round was led by Hack VC, with participation from Foresight Ventures, Inception Capital, HTX Ventures, and others. Polymarket has raised $45M in Series B round. The round was led by Founders Fund, with participation from 1confirmation, ParaFi Capital, Vitalik Buterin, Dragonfly Capital. Zeta Markets | $Z is Coming 🔥 #Solana DEX, has raised $5M in SAFT round. The round was led by Electric Capital, with participation from DACM , Airtree, Selini Capital, and others. Hylé has raised $3.4M in Pre-Seed & Seed funding round. The round was led by Framework Ventures, with participation from Cherry Ventures, First Capital, Fabric Ventures, and others. Cross The Ages, a crypto trading card #game, has raised $3.5M in Private funding round. The round was led by Animoca Brands, with participation from Polygon, UBISOFT Ventures . Humanity Protocol, human-centric #blockchain, has raised $30M in Seed funding round. The round was led by Kingsway Capital, with participation from Animoca Brands, Blockchain.com, Shima Capital. Shogun, intent-centric #DeFi protocol, has raised $6.9M in Seed funding round. The round was led by Polychain Capital and dao5, with participation from Arrington Capital, Maelstrom, Build-a-Bera, and others. #Raven, crypto proprietary trading firm, has raised $2.7M in Seed funding round. The round was led by #HackVC, with participation from Winturmute Ventures. Param Labs Inc has raised $7M in Private funding round. The round was led by Animoca Brands, with participation from Delphi Digital, Mechanism Capital, Merit Circle, and others. Chainstack 🛠️💙, web3 infrastructure provider, has raised $6M in Strategic round, dwith participation from BI Ven Capital, Sygnum, Azimut Group, and others. peaq, a deep-tech company, has raised $20M in #CoinList sale. Focus Tree, web3 focus app, has raised $2M in Seed funding round. The round was led by Sfermion, with participation from Volt Capital, Psalion, Typhon Ventures, Foreseight Ventures.

Last week, #Web3 and #Crypto companies raised $90.7M in funding. Which companies received how much investment? Here are the details 👇 Repo Swap has raised $0.5M in Seed funding round. The round was led by Quantum Capital Partners (QCP), with participation from zk Capital and XLink Ventures. Squads Labs has raised $10M in Series A funding round. The round was led by Electric Capital, with participation from RockawayX, Coinbase, L1D, Placeholder, and Mert Mumtaz. #Symbiotic has raised $5.8M in Seed funding round. The round was led by Castle Island Ventures, Paradigm, and cyber•Fund. Nexus Labs has raised $25M in Series A funding round. The round was led by Lightspeed and Pantera Capital, with participation from Dragonfly, Faction VC, Blockchain Builders Fund | BBF . Ava Protocol has raised $10M in Seed funding round, with participation from Electric Capital, Taisu Ventures, Bloccelerate VC, and others. Irys has raised $8.9M in Strategic funding round. The round was led by Lemniscap, with participation from Framework Ventures, Primitive Ventures, Hypersphere Ventures, and others. Codetta Bio™ has raised $2.5M in Seed funding round. The round was led by OKX , with participation from Comma3 Ventures, Mask Network , Oak Grove Ventures, and others. Layer3 has raised $15M in Series A funding round. The round was led by ParaFi Capital and Greenfield, with participation from Electric Capital, King River Capital, and others. Nuffle Labs has raised $13M in a funding. The funding was led by Electric Capital, with participation from NEAR Foundation, Lyrik Ventures, Fabric Ventures, and others.