🌎 Crypto Venture Capital Hits $105 Million This Week

Crypto Venture Capital Investments Reach $105 Million This Week

Total venture capital investments in the crypto space exceeded $105 million this week. Infrastructure and AI solutions secured decent capital across different funding stages. Let’s look into the investments in the first week of February.

Taproot Wizards Secures $30 Million

Taproot Wizards, an NFT marketplace on Bitcoin, secured $30 million in funding. The project, founded by Udi Wertheimer and Eric Wall, was backed by Standard Crypto, Cyber Fund, and Colludere. This follows a $7.5 million investment from Standard Crypto in 2023.

Reservoir Raises $14 Million in Series A Funding

Reservoir, a crypto infrastructure startup, secured $14 million in Series A funding. Backed by Union Square Ventures, Variant, and Archetype, the company has integrated its services with major crypto platforms, including Coinbase, MetaMask, Magic Eden, and Zora.

We’re here to build the world’s best developer tools for token trading on every chain.

Olas Raises $13.8 Million

Olas, a unified network of off-chain services, raised $13.8 million in funding. Backed by 1kx, Toska Capital, and Sigil Fund, the protocol supports Ethereum, Polygon, Gnosis, and Solana blockchains.

$13.8 Million Raised to Fuel Olas to supercharge Olas.

Superlogic Raises $13.7 Million in Series A Funding

Superlogic, a Miami-based startup, secured $13.7 million in Series A funding. Led by Powerledger, the round also saw participation from prominent investors, including Sangha Capital, 10SQ, Nima Capital, Actai Unicorn Fund, Hyla Liquid Venture Fund, and Liquid 2 Ventures.

Beamable Raises $13.5 Million in Series A Funding

Beamable, a US game infrastructure provider, raised $13.5 million in Series A funding. Backed by Bitkraft, Defy, and Blockchain Founders Fund, the company is building AI-powered Web3 solutions.

The Game Company Raises $10 Million

The Game Company, a Dubai-based startup, secured $10 million in funding. Backed by Telcoin, Paul Neuner, and BullPerks, the company developed a platform enabling lag-free gameplay for PC and console games on any device, powered by its patented low-latency technology.