In recent weeks, the crypto market has seen over 30 public financing events, indicating continued VC interest despite market volatility. Data shows VC crypto investments in the past months focused mainly on blockchain services, GameFi and DeFi. This article analyzes 8 potential crypto projects that have attracted recent VC attention and funding, providing insights for investors exploring opportunities in the dynamic crypto space.
Over Protocol Receives $8 Million Led by Top VCs
Over Protocol is building a Layer 1 blockchain using the Ethanos protocol that recognizes only active accounts, reducing storage needs. It recently closed an $8 million funding round led by DSC Investment and Spring Camp. By rewarding users for running nodes and setting up stakes, Over Protocol seems poised for future airdrops.
Dmail Network Secures $3 Million for Web3 Email
Dmail Network is developing a Web3 email system granting users data ownership and privacy without centralized servers. It just completed a $3 million seed round led by Fabric Ventures and Greenfield One. Dmail also has an upcoming token launch and airdrop incentives for users of its email services.
Cosmic Wire Attracts Polygon and Solana Backing
Cosmic Wire builds Web3 infrastructure for personal data control and privacy. With $30 million funding from Polygon and Solana Foundation, Cosmic Wire aims to reshape multiple industries with groundbreaking technology unified under a Web3 platform.
Injective Closes $40 Million Round for Cosmos Ecosystem
Injective is a Cosmos-based DEX optimized for speed and reliability. It recently secured $40 million from investors like Jump Crypto and BH Digital, which will further boost adoption of Injective and the Cosmos ecosystem.
Ansible Labs Launches with $7 Million for Crypto Payments
Ansible Labs is a new blockchain payments startup founded by former Visa crypto lead Daniel Mottice. It just completed a $7 million seed round led by Archetype to build out its product before launch later this year.
SpaceData Using AI and Satellite Data to Power Metaverse
Japan-based SpaceData leverages AI and satellites to generate digital twins of the real world for metaverse creation. It recently closed over $10 million in seed funding from top VCs to drive development of its innovative technology.
In summary, despite crypto market volatility, VCs continue pouring capital into promising blockchain projects like Over Protocol, Dmail, Cosmic Wire and others covered in this analysis. For investors, these ventures offer potential value in both financial returns and advancing Web3 adoption.