ChainCatcher news, Web3 AI company Raiinmaker has completed a $7.5 million seed round financing, led by Jump Capital and Cypher Capital, with participation from Gate Labs, MEXC Global, Krypital Group, Alphabit, Launchpool, New Tribe Capital, and others.It is reported that Raiinmaker is building decentralized AI tools and web3 infrastructure to support sports, gaming, and entertainment projects. Users can train AI through iOS or Android phones and receive rewards proportional to their influence on the AI models.

ChainCatcher news, Bitcoin ecosystem project Flash Protocol announced the completion of its private funding round, with participation from Signum Capital, DWF Labs, Cypher Capital, Cogitent Investment Group, Rarestone Capital, Pentos Ventures, Portico Ventures, Innovion, PortalDefi, and Keyur (Ex-CFO of Polygon).It is reported that Flash Protocol is a Bitcoin-native gaming, AI, Meme, and NFT issuance platform based on the Taproot protocol. Its designed FlashVM is the first officially announced BTC sidechain supporting Taproot assets, featuring advantages such as high speed, low gas fees, and decentralization. The project is set to launch its first IDO on March 22 on the Bybit web3 inscription launchpad.

ChainCatcher news, the decentralized NFT data platform bitsCrunch announced that it has raised $2.4 million in strategic financing, led jointly by Cypher Capital and HashKey.According to the crypto data platform RootData, bitsCrunch is an AI-driven decentralized NFT data platform that enables developers to build reliable NFT applications. By leveraging AI technology, bitsCrunch provides accurate and in-depth analysis of NFTs, helping users make informed investment decisions. The BitsCrunch Network also offers detailed forensic data on NFTs, allowing users to identify potential risks, fraudulent activities, and maintain security.

ChainCatcher news, UAE social network and content monetization platform Lyvely has completed its seed round financing, led by Cypher Capital.Lyvely will develop a token that is seamlessly integrated into the platform, allowing anyone to profit from online content or services.

ChainCatcher news, the LBS social graph protocol Dspace has completed a $1 million financing round, led by Cypher Capital.It is reported that DSpace will launch simultaneously in the Middle East and Hong Kong. DSpace is jointly launched by Cypher Capital and AI and AR infrastructure company BuzzAR, providing location-based social graph protocol services for over 100 million offline POIs (Points of Interest) and 5 billion mobile internet users worldwide, and will establish global dual headquarters in Riyadh, the capital of Saudi Arabia, and Hong Kong. (source link)

ChainCatcher news, MEV solution provider Wallchain announced that it has secured a $2 million investment led by Cypher Capital. This investment will be used to drive Wallchain's in-depth research into Web3 to achieve revenue growth and launch new MEV solutions.It is reported that Wallchain is a solution provider focused on MEV value capture. Cypher Capital is a cryptocurrency investment company based in the UAE, covering venture capital, nodes, mining, and more. (Source link)

ChainCatcher news, the Near ecosystem NFT platform Few and Far has completed a $10.5 million financing round, led by Pantera Capital, with participation from Cypher Capital, Huobi Ventures, Hypersphere, Metaweb, Mantis Partners, K5 Global, and others.It is reported that this round of financing will help Few and Far expand the platform's capabilities and enhance user experience. (source link)

ChainCatcher news, according to Bloomberg, the venture capital firm Cypher Capital is seeking $100 million in funding. It is reported that Cypher Capital was founded by former Binance M&A head Bill Qian and covers areas such as venture capital, public markets, nodes, and mining. According to rootdata, Cypher Capital has invested in crypto projects such as Fenix Games, peaq, MetaOne, and MintGate. (Bloomberg)

ChainCatcher news, UAE cryptocurrency investment firm Cypher Capital has invested $10 million in The Open Network (TON), a Telegram Layer 1 proof-of-stake blockchain continuation project, to support the construction of its blockchain infrastructure.Bill Qian, Chairman of Cypher Capital and board member of the TON Foundation, stated that the new funding will drive the development of TON in the Middle East, Africa, Asia, Turkey, and India markets. According to data provided by tontech.io, the number of accounts on the TON network has been steadily increasing, surpassing 1.6 million in December. (source link)

ChainCatcher news, Web3 game publisher Fenix Games has completed a $150 million financing round, with participation from Phoenix Group and Dubai-based venture capital firm Cypher Capital. This round of funding will be used for the acquisition, investment, and publishing of blockchain games.Fenix Games CEO and co-founder Chris Ko was previously the Senior Vice President of Corporate Development at Mythical Games and has held general manager positions at Electronic Arts and Kabam. Prior to that, he served as a portfolio manager at BlackRock and an equity research analyst at JPMorgan. Other co-founders of Fenix Games include Mythical Games co-founder Rudy Koch, Antonio Hallack, who was the global head of electronic trading at Credit Suisse, and former COO of Mythical Games Matt Nutt. (source link)

ChainCatcher news, according to The National News, the Dubai-based tech startup Rekt Studios has announced the completion of a $1.5 million funding round aimed at launching its first gaming metaverse project, Unseen, which supports content creators in creating games, metaverse buildings, and digital assets.It is reported that Rekt Studios was founded in 2021 and focuses on building new products using blockchain and emerging technologies, including developing interactive Web3 games to provide players with gaming experiences and virtual environments. (Source link)