New Protocol Launches (13th-19th March 2023)

Curated feed sharing Alpha, events and insights into the crypto economy...

As discussed, we are spinning off our daily alpha aggregator into 3 weekly issues covering Crypto funding, New protocol launches and macro updates from the crypto world.

The Money Trails is our funding news aggregator meant to give our readers more exposure to projects with funding secured.

The Funding Edition.

DressX

Raised: $15M, Series A

Valuation: NA

Sector: AR, VR, Metaverse

Investors: Greenfield Capital, Slow Ventures, Warner Music, The Artemis Fund, and Red DAO

Jungle

Raised: $6M, Seed

Valuation: NA

Sector: Gaming studio developing mobile first and blockchain enabled games.

Metacade

Raised: $10M, Token Pre-Sale

Valuation: NA

Sector: Play 2 Earn

Investors: Community

Capsule

Raised: NA, Seed

Valuation: NA

Sector: Crypto Wallet using MPC Technology

Investors: a16z, Spice Capital, Anchorage cofounders, Celo cofounders

Soul Wallet

Raised: $3M, Seed

Valuation: NA

Sector: Ethereum wallet, powered by ERC-4337 standard

Investors: Struck Crypto, Game7, NGC Ventures, Dispersion Capital, Ankr, Signum Capital, Tim Beiko, Terence.eth, David Hoffmann, Ryan Adams, Sassal.eth, Anthony Bertolino, Suji Yan etc

Onchain Trade

Raised: $0.7m, IFO

Valuation: NA

Sector: Onchain money market & DEX

Investors: Community

Bravo Ready

Raised: Strategic Investment

Valuation: NA

Sector: Pay-to-spawn, Kill-to-earn shooting game

Investors: Aptos Labs

Perpy

Raised: $5M, Public Token Sale

Valuation: NA

Sector: Social Trading on Decentralized Perpetual Exchange

Investors: Community

Fund Raising is an important indicator for project success. Our idea is to help newer projects get discovery and users to have a broad understanding of projects with funds that can win in the long run. Our Funding newsletter is a weekly issue which would give you a detailed overview of the projects that have successfully raised funds.

That’s all in The Money Trails for this week. Have a nice week ahead!

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