RootData

[New Fundraising] Bitcoin Rollup Project Citrea Raised $14M Series A Funding, Led by Founders Fund Citrea is a Bitcoin’s ZK rollup and an execution layer that settles on Bitcoin. Every transaction occurring on Citrea is fully secured by zero-knowledge proofs and verified by Bitcoin through BitVM. More about Citrea: https://www.rootdata.com/Projects/detail/Citrea?k=MTEyNTk%3D Source: https://x.com/citrea_xyz/status/1851994308238365099

[New Fundraising] Spire Labs raised $7 million seed round led by Maven 11 Capital and Anagram Spire is a modular L3 network built on top of zkEVM L2s, scaling Ethereum in a fractal fashion.Spire provides the infrastructure for a broad set of developers to spin up their own appchain L3s that are interoperable with one another. More about Spire Labs: https://www.rootdata.com/Projects/detail/Spire?k=ODY1MQ%3D%3D Source: https://x.com/Spire_Labs/status/1851987498215608454

[New Fundraising] Alliance Games Raised $5M Series A Funding, Led by Animoca Brands and Asymm Ventures Alliance Games is a fully decentralized, community-driven platform providing the next generation of decentralized Web3 gaming infrastructure hosting and data storage services for Web3 games, committed to redefining the boundaries of gaming using blockchain technology to deliver an immersive experience that is always accessible. More about Alliance Games: https://www.rootdata.com/Projects/detail/Alliance%20Games?k=MTM3MDE%3D Source: https://x.com/alliancegamesx/status/1851896821347647907

[New Fundraising] Nitro Labs, the developer of Termina, has raised $4 million in a seed funding round Termina is a deployment platform that enables builders to launch high-performance, customizable, and use-case specific SVM blockchains. Every Termina rollup, batcher, or appchain has access to servers, block explorers, data indexers, and interoperability networks. Termina is developed by Nitro Labs. More about Nitro: https://www.rootdata.com/Projects/detail/Nitro?k=Mjc0Nw%3D%3D Source: https://x.com/MagmaStaking/status/1851647370577969183

[New Fundraising] Magma Raises $3.9M Seed Funding to Build MEV-powered Liquid Staking on Monad Magma is a Liquid Staking Protocol on Monad, developed by Hydrogen Labs. It emphasizes equitable token distribution via airdrops, community-driven decisions, self-funded protocol development, and management autonomy. More about Magma: https://www.rootdata.com/Projects/detail/Magma?k=MTA5ODM%3D Source: https://x.com/MagmaStaking/status/1851647370577969183

[New Fundraising] AI Data Collection Startup Sapien Raises $10.5M Seed Funding Led by Variant Sapien is a scalable data labeling solution uses rewards on the blockchain to essentially gamify data labeling, a process integral to advancing AI-powered language learning models like OpenAI’s Chat GPT. More about Sapien: https://www.rootdata.com/Projects/detail/Sapien?k=MTIzMzA%3D Source: https://www.coindesk.com/business/2024/10/30/ai-data-collection-startup-sapien-raises-105m-seed-funding-led-by-variant/

[New Fundraising] KRNL Labs raises $1.7M pre-seed to build the Largest Open Software Library in Web3 KRNL Labs is crafting a new category of software management for Web3 by innovating at the RPC node level to enable cross-chain communication. It has also unlocked the ability to share libraries across blockchain networks, fundamentally changing how execution tasks are handled. More about KRNL: https://www.rootdata.com/Projects/detail/KRNL?k=MTM0MDA%3D Source: https://www.prnewswire.com/apac/news-releases/krnl-labs-raises-1-7m-pre-seed-to-build-the-largest-open-software-library-in-web3--302289801.html

[New Fundraising] PumpBTC Raises $10M Seed Funding to Build a New Standard in BTC Yield Vaults with BTC-fi PumpBTC serves as a Liquid Staking Solution for Babylon. PumpBTC aims to help BTC holders maximize yields through Babylon's staking - essentially rebuilding $WBTC/$BTCB/$FBTC with native yield. More about PumpBTC: https://www.rootdata.com/Projects/detail/PumpBTC?k=MTMzNTI%3D Source: https://medium.com/@Pumpbtcxyz/pumpbtc-raises-10m-seed-funding-to-build-a-new-standard-in-btc-yield-vaults-with-btc-fi-15de7cf26a82

[New Fundraising] CAP raises $1.9M in pre-seed round CAP is a stablecoin engine to break users free from the cycle of endogenous models. CAP’s stablecoin engine will produce redeemable stablecoins of various denominations, such as USD, BTC, and ETH. Their goal will be to democratize access to what was previously only available to a few sophisticated and already-wealthy actors. This includes the deepest wells of yield, such as arbitrage, MEV, and RWAs. More about CAP: https://www.rootdata.com/Projects/detail/CAP?k=MTQ3MDA%3D Source: https://x.com/CapLabs_/status/1850886153676923193

[New Fundraising] Rollup development platform Gelato raises $11 million in latest funding round Gelato Network is Web3's automation and relayer network, enabling developers to automate a wide variety of arbitrary smart contract executions on and across all EVM-based compatible blockchains such as Ethereum. More about Gelato: https://www.rootdata.com/Projects/detail/Gelato%20Network?k=Mzk1 Source: https://www.theblock.co/post/323265/gelato-raises-11-million-usd-unveils-kraken-layer-2-ink-as-customer

Weekly Hot Projects🔥 (Oct.21- Oct.27) 📈 Hey #CryptoFam! 🚀 We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. 💻 🎯Top 5 winner is Scroll, Chainbase, Aleo, DeAgentAI and Walrus. Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! 👇 https://rootdata.com

📢RootData API has been fully upgraded We are pleased to announce that RootData API has completed the biggest upgrade since its launch, from 5 interfaces to 19 interfaces. Based on the original project and VC query, the people query function has been expanded, and new data types such as Top100 hot project list, X Top1000 influential figures, on-chain address dynamics, and character job changes have been added. New interfaces include: Top100 hot projects, X hot projects, X hot people, people job dynamics, recently issued tokens, ecosystem map, tag map, query projects through ecosystem, query projects through tag, CEX inflow and outflow dynamics, entity funds flow, and entity entity positions. Through this API upgrade, RootData has greatly improved the openness of its data content, so as to better output its structured and reliable data to partners, assist various types of research and analysis, and jointly provide Web3 users with a better product experience. In addition, this upgrade has adjusted the charging model and price of the API. Different interfaces require different amounts of Credits. For more information, please refer to: https://www.rootdata.com/zh/Api

[New Fundraising] Fitness app Moonwalk that pays crypto for step tracking raises $3.4 million from Hack VC Moonwalk is a fitness accountability app that combines daily step goals with financial incentives. Users can join or create a crew, set a daily step target, and stake their crypto like USDC, SOL, or BONK. Achieving goals protects your deposit, while failing leads to a forfeiture of a portion of your stake. More about Moonwalk: https://www.rootdata.com/Projects/detail/Moonwalk?k=MTQ3OTY%3D Source: https://x.com/moonwalkfitness/status/1849481961137377538

[New Fundraising] Web3 data and AI company Validation Cloud raised $10 million in new round of financing Validation Cloud is a Web3 infrastructure platform that delivers elite, high-performance node and staking infrastructure. More about Validation Cloud: https://www.rootdata.com/Projects/detail/Validation%20Cloud?k=MTE1Mjk%3D Source: https://www.prnewswire.com/news-releases/validation-cloud-secures-10m-lead-to-scale-ai-for-web3-from-true-global-ventures-302283289.html

[New Fundraising] European digital asset platform STOKR raised $7.98 million in financing, led by Fulgur Ventures STOKR is a digital marketplace for alternative investments, user can access the diverse world of alternative assets by investing in bitcoin mining, real-estate, music royalties and more. More about STOKR: https://www.rootdata.com/Projects/detail/STOKR?k=OTA2Nw%3D%3D Source: https://www.theblock.co/post/322783/stokr-raises-7-98-million-to-establish-corporate-bitcoin-treasury

[New Fundraising] Decentralized trading aggregator BulbaSwap raised $1.3M seed round of financing, led by Foresight Ventures BulbaSwap is a Morph-based decentralized swap aggregator with a search engine powered by multi-source liquidity that helps users find the best swap rates. More about BulbaSwap: https://www.rootdata.com/Projects/detail/BulbaSwap?k=MTI3OTY%3D Source: https://x.com/BulbaSwap/status/1849345079665656014

[New Fundraising] Genius raised $6M seed round of financing, with participation from CMCC Global and others Genius is a Non-custodial digital trading platform launched by Shuttle Labs. The platform aims to solve a series of problems that led to the bankruptcy of FTX, such as security, user control and decentralization, and explore the use of self-custodial model to eliminate the risks of third-party custody and ensure that users always hold their own private keys. More about Genius: https://www.rootdata.com/Projects/detail/Genius?k=MTQ3ODY%3D Source: https://x.com/GeniusTerminal/status/1849105492754452559

[New Fundraising] Crypto trading platform Variational raised $10.3 million financing, led by Bain Capital Crypto and Peak XV Partners Variational is a global algorithmic market maker focused on digital assets. It specializes in designing quantitative, systematic strategies to provide liquidity across both traditional and decentralized derivatives. More about Variational: https://www.rootdata.com/Projects/detail/Karpatkey?k=MTIzMDc%3D Source: https://x.com/variational_io/status/1849097496456532329

[New Fundraising] DeFi platform Azura launches after raising $6.9 million from Initialized Azura is building the interfacing layer for on-chain finance. More about Azura: https://www.rootdata.com/Projects/detail/Azura?k=MTQwNTY%3D Source: https://x.com/azura/status/1848712029244428443

[New Fundraising] Karpatkey Raised $7 Million in Financing, Wintermute Ventures and Others Participate Karpatkey is a non-custodial, on-chain asset management infrastructure provide financial services to the leading DAOs. More about Karpatkey: https://www.rootdata.com/Projects/detail/Karpatkey?k=MTIzMDc%3D Source: https://www.theblock.co/post/322392/karpatkey-closes-7-million-funding-round-to-expand-dao-treasury-services