Five Recent Blockchain Funding Rounds of The Week

Five Recent Blockchain Funding Rounds of The Week

Over the last six months, funding rounds for ventures that focus on blockchain have occurred at a fast rate. Given the influx of institutional capital, it's no wonder over 20 blockchain-focused companies now have unicorn positions.

Top blockchain funding rounds-

Revuto

Revuto is a subscription payment platform that recently closed a $1.7 million funding round as it accelerates to launch its Cardanao-based Decentralised App. Revuto's DApp enables users to manage their subscriptions through Cardio-native tokens and defi. Further Revuto conducted a community sale. The first sale was implemented on the Cardano blockchain. While Tier 1 of this sale round raised $1.6m in less than 30 minutes, Tier 2 went one better, completely selling out in 18 minutes to raise another $1.7m.

Bware Lans

Decentralized infrastructure project Bware Labs recently managed to raise $1.2 million. The star-tup, which recently became the official staking provider of Elrond Network, is constructing a decentralized App platform and won investment from a batch of notable investors which includes- Moonrock Capital, The Spartan Group, and Morningstar Ventures. Vendetta Capital, Genesis Block Ventures, Waterdrip Capital, and Avalanche Foundation also pitched their collective support behind the start-up.

Vertalo

Vertalo, a Texas-based start-up has closed a series funding round and it raised up to $5 million from investors including Coinbase. Not only this, the blockchain-agnostic crypto management platform that connects with ecosystem contributors generated a record of $1.5m of revenue.

DeversiFi

DeversiFi, a Decentralized Ethereum exchange, aims at facilitating inexpensive and affordable defi trading, and with that, they recently closed a strategic investment round that raised $5 million. The investors included Defiance Capital and Blockchain.com.

Zapper

An Ethereum-based platform, Zapper enables users to manage and direct their defi assets and liabilities from a single simple dashboard. Zapper has facilitated over $2.4 billion worth of investment while providing support to numerous defi platforms.

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