Recent Funding Rounds for Crypto Projects & Companies on October 19th๐Ÿ’ผ๐Ÿš€

๐ŸŽฎ 1. Forge โ€“ Seed

  • Date: October 19, 2023
  • Financing Amount: $11M
  • Category: Others
  • Subcategory: Gaming

About Forge โ€“ Seed: Forge has successfully secured $11 Million in a Seed funding round. This round saw investments from notable players such as Makers Fund, BITKRAFT Ventures, and Animoca Brands. Other investors like Hashkey Capital, Polygon Ventures, Formless Capital, and Adaverse also participated.

Investors:

  • Makers Fund โ€“ Fund with 18 portfolio companies.
  • BITKRAFT Ventures (๐Ÿ‡บ๐Ÿ‡ธ USA) โ€“ Fund established in 2017, with 42 portfolio companies.
  • Animoca Brands (๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong) โ€“ Corporate investor founded in 2014, boasting 230 portfolio companies.
  • Hashkey Capital (๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong) โ€“ Fund created in 2018 with 130 portfolio companies. [๐Ÿ“ง [emailย protected]]
  • Polygon (๐Ÿ‡บ๐Ÿ‡ธ USA) โ€“ Corporate investor founded in 2017, with 106 portfolio companies.
  • Formless Capital โ€“ Fund with 24 portfolio companies.
  • Adaverse โ€“ Lab with 14 portfolio companies.

Founders & Team:

  • DENNIS FONG
  • KUN GAO
  • GEORGE NG

Company Profile: Forge introduces the first gaming platform where gamers can consolidate their gaming achievements into one profile and earn rewards. Notably backed by companies like Riot Games and Sony Innovation Fund.


๐Ÿ“ˆ 2. Beluga โ€“ Seed

  • Date: October 19, 2023
  • Financing Amount: $4M
  • Category: DeFi
  • Subcategory: Exchange Trading

About Beluga โ€“ Seed: Beluga recently announced their $4M seed round, led by Fin Capital. The round witnessed participation from multiple prominent crypto and FinTech investors including Anagram, UDHC, Dispersion Capital, and many others.

Investors:

  • Fin Capital (๐Ÿ‡บ๐Ÿ‡ธ USA) โ€“ Founded in 2018 with 7 portfolio companies.
  • Anagram โ€“ Founded in 2022 with 13 portfolio companies. [๐Ÿ“ง [emailย protected]]
  • Dispersion Capital (๐Ÿ‡บ๐Ÿ‡ธ USA) โ€“ Fund established in 2022 with 9 portfolio companies.
  • Borderless Capital (๐Ÿ‡บ๐Ÿ‡ธ USA) โ€“ Founded in 2018 with 62 portfolio companies. [๐Ÿ“ง [emailย protected]]
  • โ€ฆ and many more.

Founders & Team:

Company Profile: Beluga stands as a trustworthy platform for newcomers in the crypto space. It aims to simplify the crypto journey by providing the best and safest product recommendations.


๐Ÿ” 3. Coin Metrics โ€“ Equity Financing

  • Date: October 19, 2023
  • Financing Amount: $6.7M
  • Category: Infrastructure
  • Subcategory: Analytics & APIs

About Coin Metrics โ€“ Equity Financing: Coin Metrics, a renowned crypto data firm, recently raised approximately $6.7 million. The funding mix included equity, options, and other securities. Specific investors for this round were not disclosed.

Founders & Team:

  • Timothy Rice
  • Kathleen Chase
  • Chris Overton
  • โ€ฆ and many more.

Company Profile: Coin Metrics, founded in 2017, is the front-runner in delivering crypto financial intelligence. Initially started as an open-source project, it now serves prestigious institutions, offering data and insights on public blockchains.


Stay tuned for more updates on crypto funding rounds and make sure to stay ahead in the rapidly evolving world of cryptocurrency! ๐Ÿ’ผ๐Ÿš€

Source: https://bitcoinworld.co.in/recent-funding-rounds/