Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions


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Even with the onset of crypto winter, 2022 has been a watershed yr for enterprise capital funding. Crypto and blockchain firms collectively raised $30.3 billion in venture capital within the first half of 2022, exceeding all of final yr’s totals. Whereas the variety of offers has declined in latest months, startups on the intersection of blockchain funds, decentralized finance (DeFi) and cybersecurity are nonetheless attracting sizable curiosity from the VC neighborhood. The newest version of VC Roundup highlights a number of the most intriguing funding offers of the previous month.

Associated: The risks and benefits of VCs for crypto communities

ZEBEDEE closes $35M Sequence B

ZEBEDEE, a Bitcoin (BTC)-powered fee processor for the gaming business, has raised $35 million from a number of traders together with Kingsway Capital, The Raine Group and Sq. Enix. ZEBEDEE is actually a platform that enables sport builders to include programmable cash, together with BTC, into their video games. The fee platform is powered by Lightning Network, making ZEBEDEE a “Bitcoin enabler of selection” for its companions, in accordance with Kingsway Capital managing associate Afonso Campos.

Blockchain safety firm raises $90M Sequence A

Blockchain safety agency Halborn closed a $90 million funding spherical in July that was led by Summit Companions with extra participation from Citadel Island Ventures, Digital Foreign money Group and Brevan Howard, amongst others. Halborn was based in 2019 by moral hackers providing blockchain safety providers. The corporate lately warned MetaMask users to be weary of a phishing marketing campaign focusing on their browser wallets.

DeFi platform Hashflow raises $25M in Sequence A funding

Hashflow, a decentralized finance buying and selling platform headquartered in San Francisco, has closed a $25 million funding spherical backed by a few of crypto’s most distinguished enterprise funds. The funding spherical, which had participation from Bounce Crypto, Electrical Capital, Dragonfly Capital Companions and GSR, will support Hashflow in increasing its product choices for market markers and institutional merchants.

Socios acquires 24.5% stake in Barca Studios

Fan engagement token platform Socios introduced in early August that it might make investments $100 million in Barca Studios, the digital content material arm of the FC Barcelona soccer membership. Socios, which is owned by blockchain expertise supplier Chiliz, will assist FC Barcelona speed up its Web3 and nonfungible token (NFT) engagement technique. Particularly, Barca Studios is pursuing NFT and metaverse initiatives that may assist the soccer membership have interaction with its huge international fanbase, and can depend on Socios’ blockchain to ship on the technique.

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EtherMail secures seed funding for wallet-to-wallet communications

Web3 e-mail answer EtherMail has raised $3 million forward of the deliberate launch of its encrypted wallet-to-wallet communication service. Scheduled for launch within the third quarter, EtherMail allows Web3 firms to ship “wealthy, related content material on to their asset holders,” thereby lowering the chance of communication fraud. The service additionally streamlines neighborhood publication distribution by enabling autonomous, self-updating mailing lists. The seed spherical was led by Material Ventures and Greenfield One.