SecondLive and RD Technologies are leading the fundraising efforts in the crypto space this week, according to the latest data.

While the number of disclosed venture rounds was lower compared to recent weeks, the overall crypto venture capital activity for the year is on track to surpass 2023’s total of $2.6 billion. As of July 30, approximately $2.2 billion had been raised across 24 funds, still trailing behind the $22.7 billion raised in 2022.

Here are the key fundraising highlights from September 29 to October 5:

SecondLive Raises $12 Million

SecondLive, a metaverse platform that allows users to create their own avatars, has secured $12 million in a private funding round led by Crypto.com. This brings the total funds raised by SecondLive to $15 million.

RD Technologies Secures $7.8 Million

RD Technologies, a fintech firm focused on payments and commerce, has successfully raised $7.8 million in a Series A round. This funding was led by HongShan, HIVEMIND, and Aptos Labs.

LAYER Raises $6 Million

LAYER, an Ethereum (ETH) scaling solution enabling developers to write blockchain applications in various languages, has raised $6 million in a seed funding round led by 1Kx.

Synnax Technologies Raises $1.55 Million

Synnax Technologies, a platform that offers AI credit intelligence for privacy-focused credit analysis, has raised $1.55 million in a funding round led by Wintermute and Ton Ventures. This brings their total funding to $2.55 million.

Sophon Investment Details Pending

Sophon, which provides an architecture for handling applications like gaming and socialfi, has raised a total of $70 million so far. The latest investment amount from Binance Labs has not been disclosed yet.

Stay updated on the latest developments in the crypto world by following more news on Global Crypto News.

#Blockchain #Metaverse

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