Hotcoin Investment and Financing Weekly Report (8.10–8.16) | A total of 20 public investment and financing events, with financing data remaining the same as last week

From August 10 to August 16, the cryptocurrency market saw a total of 20 investment and financing events, including 5 in infrastructure, 5 in DeFi, 4 in CeFi, 3 in artificial intelligence, 2 in gaming, and 1 in NFTs.

This week, there were 6 financing events exceeding ten million dollars:

• The crypto protocol automation economic security system Chaos Labs completed a $55 million Series A financing round, with investors including Haun Ventures, Spartan Group, and others.
• The decentralized artificial intelligence network Sahara completed a $43 million Series A financing round, with investors including Binance Labs, Pantera Capital, and others.
• The global digital payment company WSPN completed a $30 million seed round financing, with investors including Foresight Ventures, Folius Ventures, and others.
• The payment application Sling Money completed a $15 million Series A financing round, with investors including Union Square Ventures, Ribbit Capital, and others.
• The intent-based infrastructure and tools provider Essential completed a $11 million Series A financing round, with investors including Archetype, Amber Group, and others.
• The Web3 infrastructure provider Parfin completed a $10 million Series A financing round, with investors including ParaFi Capital, Framework Ventures, and others.

This week, the investment and financing activity in the cryptocurrency market remained steady compared to last week, with concentrated investment areas and relatively high amounts. Chaos Labs secured the largest financing this week, amounting to $55 million.

The investment and financing projects this week sorted by financing amount are shown in the figure below:

Infrastructure

1. According to ROOTDATA investment and financing data from August 8 to 15, Chaos Labs completed a $55 million Series A financing round, with investors including Haun Ventures, Spartan Group, and others. Chaos Labs is a cloud platform that enables teams to create high-fidelity proxies and scenario-based simulations on mainnet forks, providing a real testing environment. The company's goal is to expand cryptocurrency adoption by providing customized and automated economic security tools for protocols that can verify their durability and stability under any market conditions. Chaos Labs' tools allow core teams and community members to better monitor protocol health and risks in real-time, enabling mainnet changes before potential vulnerabilities are exploited.
2. According to ROOTDATA investment and financing data from August 8 to 14, Sling Money completed a $15 million Series A financing round, with investors including Union Square Ventures, Ribbit Capital, and others. Sling is a payment application that allows people around the world to easily send digital cash for free to anyone, anywhere. Funds in the Sling Wallet are held in the form of USDP, a digital currency issued by Paxos Trust Company LLC.
3. According to ROOTDATA investment and financing data from August 8 to 14, Rhinestone completed a $5 million seed round financing, with investors including 1kx, CoinFund, and others. Rhinestone is an account abstraction modular solution that is building infrastructure to support a modular on-chain ecosystem: an interoperability layer between accounts, modules, and users, supporting portable, secure, and scalable smart accounts. The platform enables developers to distribute their modules and profit from them, while allowing users or dapp developers to discover and install them.
4. According to ROOTDATA investment and financing data from August 8 to 14, Parfin completed a $10 million Series A financing round, with investors including ParaFi Capital, Framework Ventures, and others. Parfin is a Web3 infrastructure provider focused on Latin America, with a modular platform for digital asset custody, trading, and management. Parfin is currently developing Parchain, a permissioned Ethereum Virtual Machine-compatible blockchain that will enable regulated entities to participate in decentralized finance (DeFi) and asset tokenization.
5. According to ROOTDATA investment and financing data from August 8 to 14, Rivalz Network completed a $9 million financing round, with investors including D1 Ventures, Gate.io, and others. Rivalz Network is an AI-driven DePin RollApp for personal data sources. It provides verifiable personal, credential, and behavioral data sources, embedded with privacy and intellectual property. It is the first player-to-AI network built on Dymension and supported by Celestia Labs.

DeFi

1. According to ROOTDATA investment and financing data from August 8 to 16, Orderly Network completed a $5 million strategic financing round, with investors including OKX Ventures, Nomad Capital, and others. Orderly Network is a liquidity platform built on the Near protocol, relying on smart contracts for peer-to-peer trading and providing users with risk management and shared asset pools. Orderly Network was established in April 2022, co-incubated by NEAR and WOO Network.
2. According to ROOTDATA investment and financing data from August 8 to 15, Goldilocks completed a $1.5 million seed round financing, with investors including Hack VC, Shima Capital, and others. Goldilocks is a DAO dedicated to developing custom DeFi infrastructure for Berachain, allowing users to trade tokens, provide liquidity, and participate in NFT-based lending.
3. According to ROOTDATA investment and financing data from August 8 to 14, Satflow completed a $7.6 million seed round financing, with investors including Variant Fund, Coinbase Ventures, and others. Satflow focuses on providing infrastructure for market makers and high-frequency traders, elevating Bitcoin L1 to institutional-grade quality and enhancing decentralization.
4. According to ROOTDATA investment and financing data from August 8 to 13, Essential completed an $11 million Series A financing round, with investors including Archetype, Amber Group, and others. Essential is building intent-based infrastructure and tools to accelerate the transition from value extraction to intent fulfillment, mitigating the centralization threats posed by MEV. Essential aims to minimize extraction behavior and maximize user satisfaction.
5. According to ROOTDATA investment and financing data from August 8 to 12, Ion Protocol completed a $4.8 million financing round, with investors including gumi Cryptos Capital, SevenX Ventures, and others. Ion Protocol is a collateralized debt position (CDP) issuer designed to accept deposits of various types of liquid staking tokens (LST) and staking asset-backed positions (e.g., EigenLayer re-staking positions). By depositing these assets, users can mint a comprehensive representation of ETH based on their collateral position (referred to as "$allETH"). By providing different loan underwriting parameters for each type of collateral deposited into the protocol, users can freely deposit various staking/re-staking collateral and mint $allETH from it.

CeFi

1. According to ROOTDATA investment and financing data from August 8 to 16, WSPN completed a $30 million seed round financing, with investors including Foresight Ventures, Folius Ventures, and others. WSPN is a global digital payment company that leverages the latest advancements in distributed ledger technology (DLT) to provide transparent, fast, and efficient digital payment solutions. WSPN is committed to building cutting-edge digital payment solutions for global partners in the future of digital payments and inclusive finance. WUSD is the native digital token pegged to the US dollar within the WSPN ecosystem.
2. According to ROOTDATA investment and financing data from August 8 to 15, BiFinance completed a Series A financing round with an unknown amount, with investors including SDM Education Group. BiFinance is a cryptocurrency exchange that provides users with a simpler and safer trading service system.
3. According to ROOTDATA investment and financing data from August 8 to 14, flovtec completed a merger financing round with an unknown amount, with investors including STS Digital. flovtec is a Swiss crypto market maker that provides liquidity for token issuers and digital asset exchanges.
4. According to ROOTDATA investment and financing data from August 8 to 13, Kem completed a $3 million strategic financing round, with investors including Tether. Kem is a platform designed for remittances and financial management, known for supporting seamless cross-border transactions. After receiving investment from Tether, Kem integrated USDT into its platform to drive widespread adoption in the Middle East.

Artificial Intelligence

1. According to ROOTDATA investment and financing data from August 8 to 15, CrunchDAO completed a $3.5 million seed round financing, with investors including Multicoin Capital, Fabric Ventures, and others. CrunchDAO is an AI research community composed of data scientists, providing AI researchers with opportunities to participate in distributed machine learning competitions. Participants can earn various rewards and win CRNCH tokens through competitions, with holders enjoying governance rights and other privileges within CrunchDAO.
2. According to ROOTDATA investment and financing data from August 8 to 15, MyShell completed a financing round with an unknown amount, with investors including Binance Labs. MyShell is a decentralized AI consumer layer that allows creators to build AI agents or bots for consumers or users to utilize. Its ecosystem includes robots like OpenVoice (an instant voice cloning program); MeloTTS, a multilingual text-to-speech (TTS) library; and Alice, an AI agent capable of performing various tasks, including topic research, coding, and literature reviews.
3. According to ROOTDATA investment and financing data from August 8 to 14, Sahara completed a $43 million Series A financing round, with investors including Binance Labs, Pantera Capital, and others. Sahara is a trustless, permissionless, and privacy-centric network that creates customized autonomous knowledge agents (Sahara KAs) for individuals and businesses. By leveraging this decentralized network, everyone can utilize their knowledge capital to explore monetization and automation opportunities through AI. Its first launched products, Sahara Knowledge Agent (KA) and Sahara Data, are two cornerstone offerings. Sahara KA is an AI that far exceeds conversational capabilities, automatically analyzing external and internal proprietary data to provide reliable decision-making based on specific needs. Sahara Data offers high-value data services for AI model training, addressing security and privacy issues in data processing.

Gaming

1. According to ROOTDATA investment and financing data from August 8 to 14, Autoverse Studios completed an $8 million financing round, with investors including White Star Capital, Sfermion, and others. Autoverse Studios is a Web3 game studio, and its developed Auto Legends is a social linear racing game that can be experienced on PC, Mac, iOS, and Android platforms, but players who want more depth can choose to utilize Web3 features.
2. According to ROOTDATA investment and financing data from August 8 to 13, Kokomo Games completed an angel round financing with an unknown amount, with investors including DAO Jones, Steve Aoki, and others. Kokomo Games is building a Web3 gaming ecosystem, with a team that has years of experience in AAA game development.

NFT

1. According to ROOTDATA investment and financing data from August 8 to 12, ARC completed a $4.5 million community round financing, with investors from the community. ARC is a unique membership-based application community enabled by NFTs as proof of access. Through the ARC application, you will be able to connect and interact with community members and enrich yourself through the exchange of views on the platform. As a member, you can also collaborate with its partner merchants to enjoy various experiences and benefits.