ChainCatcher news, the maritime economy tokenization protocol Shipfinex has announced the completion of a $1.5 million seed round financing, led by Mr. Gaurav Mehta, Chairman of Best Oasis Limited and SPM Shipping DMCC, with participation from Mr. Vivek Seth, Senior Vice President of ADNOC Logistics & Services, and Mr. Yasovardhan Chinn, Founder of Nanlian Ship Management LLC. Specific valuation information has not been disclosed.The new funds will support its efforts to achieve partial ownership of maritime assets through blockchain, thereby democratizing maritime finance and collaborating with the Dubai Virtual Assets Regulatory Authority (VARA) to develop a secure and compliant Maritime Asset Token (MAT) market.According to Web3 asset data platform RootData, ShipFinex is achieving the tokenization of the maritime economy by providing retail and institutional investors with the convenience of buying, trading, selling, and owning fractional shares of maritime assets. With a secure infrastructure layer, ShipFinex is addressing the challenges of the ship finance ecosystem through underlying blockchain technology and integrating the concepts of real-world asset tokenization and fractional ownership.

ChainCatcher news, according to Decrypt, Web3 health tech startup Pulse announced the completion of a $1.8 million seed round financing. This round was co-led by Collab+Currency and Lemniscap, with participation from Delphi Digital and Lattice Fund, and attracted several notable angel investors, including Solana co-founder Anatoly Yakovenko and Santiago R Santos.The new funding will drive Pulse to achieve its mission of creating digital twins—secure virtual records that bring the platform closer to personalized preventive healthcare. Pulse's platform addresses the challenging balance of privacy, personalization, and prevention in healthcare while giving users complete control over their data.Pulse's digital twin technology consolidates wearable devices, electronic health records, and diagnostic data into a comprehensive, unified health record. The Pulse wearable devices integrated with the platform can track essential health metrics such as heart rate variability, sleep patterns, and blood oxygen levels across more than 50 activities.

ChainCatcher news, Zero Gravity Labs (0G Labs or 0GL) is a crypto AI startup dedicated to developing the infrastructure for decentralized AI systems. The company announced it has secured $290 million in new funding. This includes $40 million in seed funding raised by the lab and a $250 million token purchase commitment received by the 0G Foundation (the independent governing body of the 0G protocol).This round of funding was participated in by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures, among others.0G Labs now describes itself as a crypto AI startup rather than a modular blockchain or data availability (DA) layer. 0G Labs co-founder Heinrich stated, "The previous narrative did not cover the entirety of our mission to build AI as a public good; DA is just one component of this puzzle, as are verifiable reasoning, training, and so on."0G Labs is building what is known as a decentralized AI operating system (dAIOS), aimed at enabling the development of on-chain AI applications.

ChainCatcher news, the social competition platform MiniTon has announced the completion of its seed round financing. This round of financing was participated by multiple parties including Waterdrip Capital, Alchemy Pay, CGV, Web3Port Foundation, PangDAO Head Ricky, and OGBC Innovation Hub Founder Jayden Wei.It is reported that MiniTon is a project initiated with the support of the TON Foundation. MiniTon will use this financing to complete the development of the product's Alpha version and test its core metrics.Additionally, according to the Web3 asset data platform RootData, MiniTon is a social competition platform supported by TON, allowing users to play fun games and win real prizes.

ChainCatcher news, Web3 AI company Eidon has completed a $3.5 million seed round financing, led by Framework Ventures, with participation from the Cayman Islands venture capital firm cyber.Fund. The company plans to use the seed funding to develop its team.Eidon encourages users to provide data for training AI models. Users can submit new data, such as fine hand movements or object interactions, while others can verify the authenticity of the data through an upcoming blockchain audit. Eidon’s first network version will go live on November 12. This network includes a platform application for data evaluation and collection, as well as an open sequencer for record preservation.

ChainCatcher news, the crypto betting platform BetHog has completed a $6 million seed round financing, led by 6MV, with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors including Eilers & Krejcik, LLC honorary partner Chris Grove, and Flutter Entertainment co-founder Josh Hannah.The company was founded by tech entrepreneurs Nigel Eccles and Rob Jones, who co-founded FanDuel in 2009. FanDuel is a leader in the U.S. sports betting market, with a market share of 42% in 2022.BetHog is built on Solana, with SOL as the supporting token for its PvP games. BetHog will also accept Bitcoin, ETH, and USDT in other games. After the first round of financing, BetHog will prioritize investment in product development while expanding its business through strategic partnerships. The company currently has 10 employees.

ChainCatcher news, ZK full-chain data proof platform Brevis Network announced the completion of a $7.5 million seed round financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, HashKey Capital, and others.According to reports, Brevis is a ZK co-processor or computing network designed to enhance blockchain scalability through ZK proofs. By performing complex tasks such as data processing off-chain and only sending verified proofs back to the blockchain, Brevis aims to alleviate the workload of the blockchain, increase speed, and reduce costs.

ChainCatcher news, according to The Block, the TON network expansion project TAC has completed a $6.5 million seed round financing, led by Hack VC and Symbolic Capital, with participation from Primitive, Paper Ventures, Karatage, Animoca Ventures, Spartan Capital, TON Ventures, and Ankr. The valuation and structure of this round of financing have not been disclosed.The testnet phase of TAC is expected to launch this week, with the mainnet release planned for the first quarter of 2025.According to RootData, TAC is a TON network expansion that allows the EVM community to access Telegram's 950 million users.

ChainCatcher news, according to The Block, Layer1 blockchain developer Pharos has completed a $8 million seed round financing, led by Lightspeed Faction and Hack VC, with SNZ Capital participating as a strategic investor. Other investors include Dispersion Capital, Hash Global, Generative Ventures, MH Ventures, Zion, and Chorus One.According to RootData, Pharos is an ultra-fast, EVM-compatible internet-level blockchain that enhances payments and applications through trustlessness and decentralization.

ChainCatcher news, according to Cointelegraph, Rekt Brands Inc. (Rekt) is the parent company of the Rektguy NFT project Rekt Drinks and Rekt brand intellectual property, which has announced the completion of a $1.5 million seed funding round. The funding was entirely provided by angel investors and the community (with no venture capital firms involved).It is reported that Rekt Brands Inc. is the parent company of the Rektguy NFT project Rekt Drinks and Rekt brand intellectual property. The brand originates from the Rektguy NFT series by artist Ovie Faruq (OSF) and has now expanded into consumer goods and community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and global community.

ChainCatcher news, according to official sources, the smart weather data network operator SkyX has announced the completion of a $1 million Pre-Seed funding round, led by EV3, EOT Ventures, and Waterdrip Capital, with participation from Daedalus, J17 Capital, and Opulence.According to RootData, SkyX is a blockchain-driven meteorological network that employs an incentive system and web3 protocols. Its goal is to establish an innovative meteorological ecosystem by combining advanced IoT devices for weather stations with blockchain-based decentralized service protocols, utilizing SKY as a utility token to achieve economic benefits and address the traditional challenges of the meteorological industry. SkyX originated as a company selling smart devices and data services for weather stations, operating a network of 16,000 weather stations.

ChainCatcher news, according to The Block, AI startup Pond, focused on the cryptocurrency field, has raised $7.5 million in a seed round, led by Archetype, with other investors including PAKA, Cyber Fund, Delphi Ventures, Coinbase Ventures, Near Foundation, and several angel investors.According to RootData, Pond is a large cryptocurrency AI model that recommends tokens with similar on-chain behaviors to users. Pond's AI model can identify patterns and trends in on-chain data and behaviors, helping to identify investment opportunities.

ChainCatcher news, according to Cointelegraph, the MultiVM execution layer Cytonic has completed a $8.3 million seed round financing, led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes, and other notable investors. Currently, Cytonic is compatible with EVM and SVM, allowing existing tools, wallets, and DApps running on EVM or SVM chains to migrate directly to Cytonic and operate seamlessly.ChainCatcher notes that Cytonic was co-founded by former Spin Labs executive Ivan Miskovic, former Foresight Ventures partner Chelsea, and former Faraway senior engineer Badconfig. By introducing new technologies such as MultiVM and MultiRPC, it launched the first Layer1 blockchain capable of running multiple virtual machines within the same network and sharing storage, enabling developers to deploy existing applications from multiple virtual machine networks like EVM on Cytonic without rewriting code, simplifying the development and scaling process, while also allowing users to perform synchronous cross-virtual machine atomic swaps.

ChainCatcher news, according to businesswire, the decentralized, multi-agent AI orchestration platform Naptha AI announced the completion of a $6 million Pre-Seed funding round, led by Arche Capital and Cyber Fund, with participation from Seed Club Ventures, Polymorphic Capital, GnosisDAO, Halo Capital, and others.It is reported that Naptha AI provides developers with a platform for building and deploying large collaborative intelligent agent systems. The platform will enable decentralized, multi-agent orchestration in a scalable, trustless, and collaborative environment, transforming the narrative of AI from a single entity to a dynamic, interconnected entity system.

ChainCatcher news, according to The Block, the verifiable data infrastructure Vlayer has completed a $10 million pre-seed funding round, with participation from a16z Crypto Startup Accelerator (CSX), Credo Ventures, BlockTower Capital, and others.According to reports, Vlayer is a crypto startup developing "verifiable data infrastructure," referring to it as "Solidity 2.0." Its goal is to enable developers to verify and integrate real-world data into Ethereum smart contracts.Specifically, Vlayer will introduce four new features to Ethereum's Solidity language: time travel (executing smart contracts using historical on-chain data), teleportation (running contracts across multiple EVM-compatible networks), Web proof/zkTLS (verifying and integrating web content, including APIs and websites), and email proof/ZK email (accessing and verifying email content).

ChainCatcher news, according to Fortune, the blockchain content verification platform OpenOrigins has completed a $4.5 million seed round of financing, led by Galaxy Interactive. The blockchain technology developed by the company can verify the authenticity of digital content such as photos and videos in real time, and it has already partnered with ITN, a leading media production company in the UK.The company plans to use the new funding to expand its commercial team and extend its business to the Indian and U.S. markets. At the same time, OpenOrigins will launch a marketplace platform to help news organizations authorize AI training on their verification data.OpenOrigins founder and Cambridge University PhD Manny Ahmed stated that the company's uniqueness lies in its ability to verify real-time content as well as certify historical content. This technology records content verification information on the Hyperledger blockchain, providing content authenticity assurance across multiple fields, including news media, insurance companies, and online dating platforms.

ChainCatcher news, the security protocol Phylax Systems has completed a $4.5 million seed round financing. This round was led by Nascent and Figment Capital, with other participants including: Robot Ventures, Hash3, Bankless Ventures, Breed VC, Public Works, Banteg, Hari Mulackal, Laurence Day, Ryan Lackey, Nic Carter, Nader Dabit, Eric Wall, and others.

ChainCatcher news, Ethereum scaling infrastructure developer Spire Labs has completed a $7 million seed round financing, led by Maven 11 Capital and Anagram, with participation from a16z Crypto Startup Accelerator, Digital Currency Group, Bankless Ventures, Volt Capital, Finality Capital, and angel investors Nick White and Jacob Arluck from Celestia Labs, as well as Amrit Kumar and Anthony Sassano from AltLayer.Spire Labs co-founder Kaito Yanai stated that the company began its seed round financing in June and completed the funding earlier this month. Yanai mentioned that this financing was conducted in the form of a Simple Agreement for Future Equity (SAFE). Spire Labs is currently developing the first testnet of Based Stack, which is planned to be launched by the end of this year, and added that the mainnet is scheduled to launch in the first quarter of 2025.Spire is a crypto startup focused on Ethereum scaling, developing "Based Stack," a framework designed to enable builders to deploy application-specific chains or application chains.

ChainCatcher news, according to The Block, the team behind Solana's scaling infrastructure platform Termina, Nitro Labs, has completed a $4 million seed round financing, led by Lemniscap, with participation from Animoca Ventures, Borderless Capital, Finality Capital, Race Capital, and No Limit Holdings. In addition, undisclosed angel investors such as Solana Foundation, Jump Crypto, and Spartan also participated in this round of financing. Termina is an open-source platform designed to enable developers to easily deploy custom Solana Rollups or SVM "network scaling".

ChainCatcher news, the Monad ecological liquid staking protocol Magma has announced the completion of a $3.9 million seed round financing, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, Maelstrom, Veil VC, Builder Capital, Infinity Ventures, RockTree Capital, Wise3 Ventures, Stake Capital, and Relayer Capital.It is reported that Magma is building MEV-based liquid staking on Monad. Magma will collaborate with Ether.fi to establish the first restaking integration on Monad.According to RootData, Magma is a liquid staking protocol based on Monad, developed by Hydrogen Labs. It achieves fair token distribution through ecological competitive airdrops, emphasizes community participation and decision-making, and is capable of self-funding protocol development and managing various activities.