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May 16, 2022, 7 tweets

1/ In the past week, there were a huge amount of seed projects called for capital.

A16z and Paradigm are 2 VCs that are the most active this week.

#Fundraising

2/ KuCoin - A Chinese CEX, successfully raised $150 M in Series B from Circle Ventures and Jump Crypto.

The funds will be used to broaden KuCoin’s ecosystem.

3/ Zora is a NFT Exchange, with a set of tools for developers to make their own NFT collection with ease.

Zora has raised $50 M, the investment round was led by Haun Ventures from Katie Haun.

Zora is going to launch ZoraDAO soon.

4/ MechaFightClub: A robotic fighting game on blockchains, currently being built by Irreverent Labs.

It closed a $40 M investment led by @a16z

5/ Co:Create, a perfect infrastructure for NFTs, helps unlock many potential for NFTs, brings them governance tokens, or even DAOs.

Co:Create raised $25 M in seed, in which a16z participated.

The fund will be used to continue the development of Co:Create.

6/ Jambo, a Web 3 Super-App, built by Africans, for Africans. Jambo has raised $30 M through a Series A round.

Paradigm led the investment round, along with many others, including: Pantera Capital, Delphi Ventures, Gemini Ventures,...

7/ Find out more about the fundraising market last week here:
coin98.net/kucoin-raised-…

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