🚀TrendX Financing Daily News 05/09/2024

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to TrendX financing daily!


Amount: $2.6 million

Stages: Undisclosed

Date: May 7

Investors: Nomad Capital, Lingfeng Innovation Fund (LIF), SNZ Holding, Chainlink, Harry Shum, Danny Zhang

Category: Tools, Infrastructure, Artificial Intelligence

Description: Hemera Protocol is the LLM OS of Web3 to tackle fragmentation issues in modular ecosystem. The web3-optimized LLM and account-centric indexing allows Hemera to interoperate across web3, providing high performance AI-ready data infrastructure and user-defined agents.



Amount: $1.6 million

Stages: Strategic Financing

Date: May 8

Investors: DWF Labs, Poolz Venture, ViaBTC Capital, Coinvestor, CheckPush, 0xwilds, 0xbull, Alpha Capital, MNST Platform, Aza Ventures

Category: Infrastructure, Layer1, Privacy

Description: NuLink provides technology for decentralized applications that preserves privacy, via APIs. NuLink enables and makes it easy for developers, startups, small businesses, and enterprises to build their own applications with the best security and privacy practices.

Additions: NuLink raised $ 4 M in Seed round on November 29, 2021




Amount: $1 million

Stages: Seed round

Date: May 8

Investors: Founderheads, Router Protocol, LambdaClass, Zephyrus Capital, Interop Ventures, Sandeep Nailwal, Martin Köppelmann, Jaynti Kanani, Anurag Arjun, Ajit Tripathi, Amit Mehra, Heslin Kim, Blue7, Leila Wang

Category: Infrastructure, Cross-Chain Communication, Privacy

Description: Electron Labs is an universal ZK-proof aggregation layer for Ethereum. It uses light clients and zero-knowledge proofs to maintain decentralization. Electron uses UPA underneath to aggregate proofs from multiple source into a single superproof, thus amortizing the cost per use case.



【4】Owlto Finance

Amount: $8 million

Stages: Strategic Financing

Date: May 8

Investors: Bixin Ventures, CE Innovation Capital, Presto, GSR, SNZ Holding, Skyland Ventures, X21 Digital, CatcherVC, Hailstone Labs, Blocore, Stratified Capital, Incubate Fund, Coinseeker, Kroma, BESTO, Maxx Capital

Category: Cross-chain bridge

Description: Owlto Finance is a decentralized cross-rollup bridge focused on Layer2, providing a low-cost, secure, and fast asset transfer solution.




Amount: $1.5 million

Stages: Seed round

Date: May 8

Investors: OKX Ventures, Conflux, Neighbor Capital Series, IceRiver Venture

Category: Incubator

Description: BlockBooster is a Hong Kong-based Venture Studio centered in Asia, facilitating the development of next-generation protocols and software infrastructure in Web3. Incubated projects thrive in an expert environment with seasoned mentors guiding ideation and execution, and BlockBooster excels in providing precisely that with domain expertise, a wide-reaching network, and talent recruitment.




Amount: $13.2 million

Stages: Seed round

Date: May 8

Investors: Founders fund, 1kx, Maven11, Fenbushi Capital, CMT Digital, Archetype, Volt Capital, Mantle Network, Nikil Viswanathan, David Phelps, Amrit Kumar, Sam Blond, Joe Lau

Category: Infrastructure, zk

Description: Lagrange is a Zero-Knowledge Coprocessing protocol that enables verifiable computations at big data scale across various blockchains. Its unique ZK Coprocessing approach involves a decentralized network of nodes that execute computations off-chain and generate ZK proofs of the results to submit on-chain, in a hyper-parallel manner, thereby unlocking significant efficiency and cost gains. By providing hyper-scalable proving, Lagrange opens the door for innovations in cross-chain interoperability and applications requiring complex computations over big data.

Additions: Lagrange raised $ 4 M in Pre-Seed round on May 18, 2023




Amount: Undisclosed

Stages: Undisclosed

Date: May 8

Investors: Tether

Category: Payments

Description: CityPay is a digital currency payment solution for businesses, allowing them to accept payments in cryptocurrencies. The platform includes 4 main payment channels: web-payments, email payment orders, POS terminals, and an initial deposit feature.

Additions: Citypay raised € 2 M in Seed round on August 18th, 2023




Amount: $3 million

Stages: Undisclosed

Date: May 8

Investors: Alphabit Fund

Category: DAO, Incubation DAO

Description: The SlingShot helps coordinate individual community members to grow mere thoughts into ideas and in turn into real experiences. Essentially, individual community members: Submit ideas using the SlingShot app interface for new and exciting games and experiences. Vote on their favorite gaming ideas as displayed on the Leaderboards. Claim rewards for their participation (Submitting ideas & voting). Build - Talented individuals, small teams, and Studios receive support from the SlingShot DAO Treasury to build winning ideas.




Amount: $28 million

Stages: Seed round

Date: May 8

Investors: Dragonfly, Polygon, Deribit, Immutable, Circle Ventures, Aevo

Category: CeFi, Quantitative Trading

Description: Arbelos Markets is a trading firm providing principal liquidity across crypto derivatives markets, ranging from high-touch to programmatic.



About TrendX

TrendX is an AI-driven Web3 trend tracking and intelligent trading one-stop platform, using large language model and AI technology to find market trends, and seamlessly combined with intelligent trading, committed to becoming a new generation of AI trading platform for 1 billion users to enter Web3 to check projects, find hot topics, see trends, primary investment, and secondary trading.

Website: https://app.trendx.tech/

Twitter: https://twitter.com/TrendX_tech

Subscribe to TrendX
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
This entry has been permanently stored onchain and signed by its creator.