Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games, and Animoca Brands disclosing $20 million capital gathered to push forward the development of its Mocaverse platform.
In another related development, Blockchain Capital closed two new funds in September, with $580 million to be deployed in crypto gaming and decentralized finance projects in the coming months. Cointelegraph’s VC roundup showcases the latest projects raising capital despite the market’s long downward trend.
Bubblemaps secures $3.2M for data visualization
Blockchain analytics CoinScan raises $6.3M
Hinkal Protocol secures $4.1M to enhance privacy in DeFi trading
Mythic Protocol raises $6.5M seed round for collaborative entertainment
Before you go: ConsenSys launches pre-accelerator program for Web3 founders