Crypto VC Funding: Hercle Raises  Million, MegaETH Raises  Million

Crypto VC Funding: Hercle Raises $60 Million, MegaETH Raises $50 Million

The week of October 26 to November 1 generated $169.73 million in crypto funding across 13 projects.

Summary

  • Hercle led the weekly funding with $60 million, followed by MegaETH’s sales of $49.95 million.
  • Total crypto funding reached $169.73 million across 13 projects this week.
  • Bron, ZAR and Standard Economics have also secured multi-million dollar rounds.

According to the latest data, Hercle’s revenue of $60 million led this financing period. Here’s a look at this week’s crypto finance activity Crypto Fundraising Data.

Hercle

  • $60 million raised in an undisclosed round
  • Hercle is an infrastructure platform of institutional quality
  • Backed by F-Prime Capital Partners, Falcon Ventures and Original Capital

MegaLabs (MegaETH)

  • MegaETH has secured $49.95 million through a public sale
  • Fully diluted valuation of $999 million
  • MegaLabs is the developer of MegaETH, an Ethereum Layer-1 blockchain platform

Source

  • $15 million raised in an undisclosed round
  • Investors include GSR, LocalGlobe and Fasanara Capital
  • Bron Labs is a self-management platform

ZAR

  • ZAR raised $12.9 million in an undisclosed round
  • Supported by AI6Z, Dragonfly and VanEck
  • ZAR has raised $20.4 million to date.”

Projects under $10 million

  • Standard Economics, $9 million in a Seed round
  • Responsible, $7.5 million in an unknown round
  • Momentum (MSafe), $4.5 million in a public sale
  • Deeply safe, $3 million in a seed round
  • Priversa, $3 million in a seed round
  • Semantic layer, $2 million in a Series A round
  • Marina Protocol, $1.68 million in an undisclosed round with a fully diluted valuation of $40 million
  • Payment flow, $750,000 in a public sale with a fully diluted valuation of $1.86 million
  • Aria Protocol, $500,000 in an unknown round


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