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CGV Research Vane | Weekly report on global crypto market investment and funding developments

With the temporary recovery of the crypto market, Web3 funding and developers in all tracks are active. From last week’s statistics (10 projects in total), Web3 infrastructure projects (5) were the main direction of funding, while the number of funding for NFT (1), Metaverse (1), and Web3 application (3) projects started to pick up. CGV summarizes a week of noteworthy investment and funding information in the crypto market, as follows for January 23, 2023 to January 29, 2023 in the global crypto market.


【Infrastructure】

1. Tribes | Raised $3.3 million in pre-seed round|Led by Kindred Ventures

On January 23rd, Tribes, a Web3 social wallet, announced the closing of a $3.3 million pre-seed round led by Kindred Ventures, South Park Commons and Script Capita.

2. QuickNode | Series B financing of $60 million|Led by LLC

On January 24, QuickNode, a blockchain development platform, announced the closing of a $60 million Series B funding round at a valuation of $800 million, led by 10T Holdings, LLC, with participation from Tiger Global, 776, Protocol Labs and QED.

3. Asset Reality | Seed round funding of $4.91 million|Led by Framework Ventures

On January 25, Asset Reality, a digital asset recovery solution, announced the closing of a $4.91 million seed round led by Framework Ventures with participation from TechStars, SGH Capital and others.

4. Ethos | Raised $4.2 million|Mysten Labs participates

On January 26th, Ethos closed a $4.2 million seed round led by Gumi Cryptos Capital and Boldstart Ventures, with participation from Tribe Capital, Matrix Port and AllianceDAO, as well as Sui network developer Mysten Labs.

5. Tholos | Raised $1.5 million in pre-seed round|Led by North Island Ventures

On January 28th, Tholos, a money escrow platform, closed a $1.5 million Pre-seeded round led by North Island Ventures, Lattice Capital, Chainforest and Dispersion Capital, with participation from 369 Capital and others.

【NFT】

6. EZswap | Pre-Seed round of funding of $1 million

On January 26, EZswap, an NFT trading platform, announced that it closed a $1 million Pre-Seed round of funding in October 2022 at a $40 million Token valuation, and that the platform’s code has been audited by security firm Beosin and will go live at the end of January.

【Metaverse】

7. Emperia | Series A financing of $10 million|Led by Base10 Partners

On January 25, Emperia, a metaverse-as-a-service (MaaS) platform, announced the closing of a $10 million Series A round led by Base10 Partners, with participation from Sony Innovation Fund, Stanford Capital Partners, Daphi, Concept Ventures, Background Capital and others.

【Web3 Applications】

8. Bunzz | Seed round funding of $4.5 million|gjmp and other participants

On January 25, Bunzz, a Web3 decentralized application development platform, announced the closing of a $4.5 million seed round with participation from gjmp, DG Daiwa Ventures, Coincheck and Ceres.

9. Spatial LABS | Raised $10 million in a seed round|Led by Blockchain Capital

On January 26th, Spatial LABS, a Polygon Chain-based Web3 wearable technology startup, announced the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, a venture capital firm co-founded by Jay-Z.

10. StoryCo | Seed round financing of $6 million|Led by Patron

On January 26th, StoryCo, a Web3 content platform, announced the completion of a $6 million seed funding round led by Collab + Currency and Patron, with participation from Floodgate Ventures, Blockchange Ventures, Sfermion, Flamingo DAO, and others.

About Cryptogram Venture (CGV): CGVCGV FoFCryptogram Venture (CGV) is a Japan-based research and investment institution engaged in crypto.With the business philosophy of “research-driven investment”, it has participated in early investments in FTX, Republic, CasperLabs, AlchemyPay, Graph, Bitkeep, Pocket, and Powerpool, as well as the Japanese government-regulated yen stablecoin JPYW, etc. Meanwhile, CGV FoF is the limited partner of Huobi venture, Rocktree capital, Kirin fund, etc.From July to October 2022, it launched the first TWSH in Japan, which was jointly supported by the Ministry of Education, Culture, Sports, Science and Technology (MEXT), Keio University, SONY, SoftBank, and other institutions and experts. Currently, CGV has branches in Singapore, Canada, and China. and China.

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