13 spotlight projects from the November 2023 fundraising.

Out of 330 million Americans, 12% (40+ million) own crypto. And that’s growing. From 2020, the total number of active users grew from ~2.5 million to over 17 million.

With all the supposed backlash and sec intervention, we can't denie the fact that web3 or crypto as a whole makes life easier in transaction, privacy and safety. Another round of awesome new project has been found and listed for you.

These are 13 project to keep your eye on from November 2023 fundraising.

  1. Ritualnet

Ritual is an open, sovereign execution layer for AI that allows developers to integrate AI into their apps or protocols on any chain.

Ritual enables developers to fine-tune, monetize, and perform inference on models with cryptographic schemes, and to build fully transparent DeFi, self-improving blockchains, autonomous agents, generated content, and more.

Raised 25M in a series A funding lead by archetype vc.

2. superstatefunds

Superstate is a venture that aims to create regulated financial products that bridge traditional markets and blockchain ecosystems.

Superstate is founded by Robert Leshner, who is also the founder and CEO of Compound, a leading defi lending protocol.

Raised 14M in Series A funding round co-led by coinfund_io and DistributedG.

3. privy_io

Privy is a web3 authentication toolkit that allows users to sign in to web3 products with various methods, such as crypto wallets, email, phone, or social profiles.

Privy also offers embedded wallets( account abstraction), which are self-custodial wallets that users can create and manage within the app.

Raised 18M in seria A funding lead by paradigm.

4. Blast_L2

Blast aims to be “the only Ethereum L2 with native yield for ETH and stablecoins”, but is currently centered around a multisig wallet to which would-be users can send funds across a one-way bridge.

Blast stakes the bridged assets on various protocols, such as Lido for ETH and MakerDAO for stablecoins, and returns the yield to the users in the form of auto-rebasing tokens.

Raised 20M from Paradigm and StandardCrypto.

5. Matr1xOfficial

Matr1x is a next-gen web3 entertainment platform with creator DAOs presenting a future cyberpunk world through high-quality multi-episode games

Matr1x has launched three NFT projects that embody the three pillars and provide various benefits and incentives for the holders: YATC, Matr1x 2061, and KUKU.

Raised 10M in an extended seria A funding lead by FoliusVentures and sevenxventures.

6. IZUMOofficial

IZUMO incorporates cutting-edge technologies such as AI and Web3 to allow individual creators ( otakus) to gain fans and monetize their work.

IZUMO has released Ailis, a free avatar asset for creators to use for their creative activities, with respect to the original creators and the art license.

Raised 12M lead by ANRI_VC and hashed_official.

7. Wormholecrypto

Wormhole is a generic message passing protocol that enables communication between blockchains.

Wormhole allows different blockchains like Ethereum, Binance Smart Chain, Terra, Solana, Polygon, Avalanche and Oasis to communicate with each other and transfer assets, data and messages.

Raised 225M from VC like Coinbase , jump , parafi capital and more.

8. Coinchangeio

Coinchange offers Yield-as-a-Service (YaaS) API, which allows fintech businesses to embed DeFi earn features into their apps and let their customers grow their stablecoin balances daily without any lockups.

Coinchange also provides a web and mobile app for individual users to access high yield DeFi products without the need to use complex and time-consuming DeFi protocols and yield strategies.

Raised 10M in a funding round by G1_Ventures , Good News Ventures , SPIRIT_BC_ , K2 & Associates Investment and Atoia Ventures.

9. Hinkal_protocol

Hinkal Protocol is a ZK-based protocol that offers private trading and yield farming on EVM chains.

It enables untraceable transactions( privacy) on major DEXs, staking, and liquidity provision, eliminating the need for withdrawals.

Launching incentives for liquidity providers and NFT holders soon as stated in their roadmap.

Raised 4M in a funding round lead by Draper VC.

10. Panoptic_xyz

Panoptic is a perpetual, oracle-free options protocol built on the Ethereum blockchain.

Panoptic uses a novel pricing model called streamia, which is more secure and efficient than traditional models.

Raised 7M lead by greenfield_cap.

11. MYX_Finance

MYX Finance is a defi derivatives protocol that offers a Matching Pool Mechanism (MPM).

The MPM matches long and short traders and takes on net exposure, which enables capital efficiency and boundless trading opportunities.

Currently running an incentive testnet, bounty rewards.

Raised 5M fund lead by HongShan

12. Sagaxyz

Sagaxyz is a Layer-1 protocol and developer ecosystem that enables web3 gaming and entertainment.

Sagaxyz offers an integrated stack of automated, high performance, gasless, interoperable and customizable chains, called Chainlets.

Chainlets can be launched on different Realms, which are the technical manifestation of the Saga Multiverse. Realms allow disparate tech stacks and IPs to deploy on the protocol and interact with each other through parallelized and interoperable dedicated chains.

Raised 5M lead by placeholder vc.

13. KintoXYZ

KintoXYZ is the first L2 rollup with built-in KYC, compliance, and insurance at the chain level.

It features permissionless KYC/AML and native account abstraction, which allow users to access any DeFi protocol without revealing their identity or signing transactions.

Raised 3M fund lead by kybercap , TheSpartanGroup and paraficapital.

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