Blockchain startups have secured $150.9 million in recent funding, with Partior leading the way with a $60 million Series B round. Other notable fundraises include RedStone Oracles, SendBlocks, Tabi, ZAP, and Rome Protocol.
Points
- Blockchain startups raise $150.9 million in recent funding rounds.
- Partior leads with a $60 million Series B round for global interbank rails.
- RedStone Oracles secures $15 million to advance its modular blockchain oracle solution.
- SendBlocks raises $8.2 million to enhance its blockchain insights platform.
- Other notable fundraises include Tabi, ZAP, and Rome Protocol.
Blockchain startups have secured $150.9 million in recent days, indicating robust investment in the crypto space. Leading the pack, Partior raised $60 million in a Series B funding round to improve its global unified ledger-based interbank rails for real-time clearing and settlement.
Peak XV Partners spearheaded the round, with Valor Capital Group and Jump Trading Group also participating. Existing investors such as J.P. Morgan, Standard Chartered, and Temasek contributed as well. Partior aims to use the funds to expand its international network and integrate more currencies into its platform.
RedStone Oracles secured $15 million in a Series A round to advance its modular blockchain oracle solution. Serial crypto VC funder Arrington Capital led the round, with contributions from Spartan, IOSG Ventures, and other prominent investors.
SendBlocks raised $8.2 million in seed funding led by Castle Island Ventures. The round also featured participation from other VCs, including Pitango, Illuminate Financial, Laser Digital, and Starkware. SendBlocks’ platform allows blockchain enterprises to define critical data and leverages its technology to extract valuable insights from the blockchain.
Other notable fundraises include:
- Tabi （formerly Treasureland）: Raised $16.1 million in a public sale round. Tabi is a decentralized marketplace for NFTs featuring trading, a launchpad, and a gaming platform.
- ZAP: Secured $15 million from investors, including Rarestone Capital and Cypher Capital, focusing on reputation-based token distribution.
- Rome Protocol: Emerged from stealth with $9 million in funding from top-tier crypto VC firms like Hack VC and P2 Ventures.
Explanation
- Blockchain startups have raised substantial funds, indicating strong investor interest.
- Partior’s $60 million round will enhance global real-time clearing and settlement.
- RedStone Oracles and SendBlocks are advancing their blockchain solutions with fresh capital.
- Other startups like Tabi, ZAP, and Rome Protocol are gaining traction with significant investments.