Author: Biteye core contributor Viee
Editor: Crush, core contributor of Biteye
Recently, many un-coined projects have successfully raised more than 10 million US dollars, involving tracks such as AI, L2, zk, and DeFi. In this article, Biteye will introduce these 18 projects one by one, including KOL attention, investors, and financing amounts.
1. Azra Games
It raised US$42 million in financing from investors such as Pantera Capital, Andreessen Horowitz, etc.
A blockchain gaming company that aims to create mainstream collectible and combat role-playing games.
2. Glow
It raised US$30 million in financing from investors such as Framework Ventures and USV.
Glow is building Proof of Physical Work (PoPW) for carbon credits.
3. Nillion
It raised US$25 million in financing from investors such as Hack VC and HashKey Capital.
Build a decentralized public network based on "zero computing" to protect data privacy.
4. Atlas
It raised US$21 million in financing from investors such as Haun Ventures and Paradigm.
Blockchain for verifiable finance, built for financial applications with reliable transactions and near-zero transaction costs.
5. Ithaca
Raised US$20 million in financing, invested by Paradigm.
The open source L2, which spun off from Paradigm, is developing Odyssey.
6. Bluesky
It raised US$15 million in financing from investors such as Blockchain Capital and SevenX Ventures.
The AT protocol is being built to give creators the freedom to build independently of the platform.
7. Citrea
It raised US$14 million in financing from Founders fund, Maven 11 and other investors.
Every transaction is fully protected by zero-knowledge proofs and verified via BitVM.
8. zkPass
It raised US$12.5 million in financing from investors such as Archetype and Breyer Capital.
A private data protocol leveraging 3P-TLS and hybrid ZK techniques.
9. Opacity Network
It raised US$12 million in financing from investors such as Archetype and Breyer Capital.
Zero-knowledge proof protocol enables trustless information sharing and verification in minutes.
10. Solv Protocol
It raised US$11 million in financing from investors such as Blockchain Capital and OKX Ventures.
A decentralized Bitcoin staking protocol.
11. Delta
It raised US$11 million in financing from investors such as Variant Fund and Maven 11.
A network with shared state.
12. Sapien
It raised US$10.5 million in financing from investors such as Variant Fund and Primitive Ventures.
A scalable data labeling solution designed to advance AI language learning models.
13. Variational
It raised US$10.3 million in financing from investors such as Bain Capital Crypto and Peak XV Partners.
A cryptocurrency derivatives trading protocol based on Arbitrum.
14. vlayer
It raised US$10 million in financing from Andreessen Horowitz, BlockTower Capital and others.
A trustless, verifiable data infrastructure powered by zero-knowledge proofs.
15. PumpBTC
It raised US$10 million in financing from SevenX Ventures, Mirana Ventures and others.
Babylon’s Liquid Staking Solution.
16. Validation Cloud
Raised US$10 million in financing, invested by TCG.
A Web3 infrastructure platform that provides elite, high-performance nodes and staking infrastructure.
17. Mento
It raised US$10 million in financing from investors such as HashKey Capital and No Limit Holdings.
A stablecoin and digital asset innovation lab spun out of cLabs (Celo).
18. PiP World
The company raised US$10 million in financing, but the investors were not disclosed.
Web3 gaming and education project, launching a game called Gold Rush on Telegram.