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Weekly Funding Roundup | 8 projects received funding, totaling $59.4 million (October 27 – November 2) | Bee Network

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Weekly Funding Roundup | 8 projects received funding, totaling $59.4 million (October 27 – November 2) | Bee Network Login Trending News Meme Launchpad AI Agents DeSci TopChainExplorer For Newbee 100x Coins Bee Game Essential Websites Must-Have APP Crypto Celebrities DePIN Rookies Essential Trap Detector Basic Tools Advanced Websites Exchanges NFT Tools Hi, Sign out Web3 Universe Games DApp Bee Hive Growing Platform AD Search English Recharge Coins Login Download Web3 Uni Games DApp Bee Hive AD home•Analysis•Main text Weekly Funding Roundup | 8 projects received funding, totaling $59.4 million (October 27 – November 2)Analysis4mos agoUpdateWyatt 16,109 5 The largest single funding round was for stablecoin startup ZAR, which raised $12.9 million in its latest funding round, followed by AI education agent platform VideoTutor, which announced the completion of an $11 million seed round.

The following are specific financing events (Note: 1. Sorted according to the amount disclosed; 2. * indicates companies in “traditional” sectors whose businesses involve blockchain):

Stablecoin startup ZAR raises $12.9 million, led by a16z.

On October 28, according to Bloomberg, stablecoin startup ZAR raised $12.9 million in a new funding round, led by a16z, with participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures, and Endeavor Catalyst.

ZAR plans to test its dollar-backed digital currency using thousands of mobile kiosks, convenience stores, and money brokers in Pakistan’s daily life. ZAR launched its platform earlier this year. Users walk into local stores, scan a QR code, and exchange cash for digital dollars in their mobile wallets.

AI-powered education platform VideoTutor has raised $11 million in seed funding, led by YZi Labs.

On October 30th, VideoTutor, an AI-powered education platform, announced the completion of an $11 million seed funding round, led by YZi Labs, with participation from Jinqiu Capital (affiliated with ByteDance), Baidu Ventures, Amino Capital, and BridgeOne Capital. VideoTutor was founded by 20-year-old Silicon Valley entrepreneur Kai Zhao, and combines Large Language Models (LLM) with the Manim rendering pipeline to transform any problem into a personalized animated course. The platform has already attracted over 20,000 users and received over 1,000 API integration requests from educational institutions.

KapKap raises $10 million in funding, led by Animoca Brands and others.

On October 31, according to Blockster, KapKap announced the completion of a $10 million funding round. The seed round was led by Animoca Brands, with participation from Shima Capital, Mechanism Capital, Klaytn Foundation, and Big Brain Holdings. The strategic round was led by Unicorn Verse, with participation from Rzong Capital and BGX Capital. The company positions itself as an AI-native Web3 platform and has launched KAPS (Key Attention Pricing System) to quantify user “attention and reputation” and distribute rewards accordingly.

Stablecoin technology company Hercle has completed a $10 million equity funding round, led by F-Prime.

On October 29, stablecoin technology company Hercle announced the completion of a $10 million equity financing round, led by global venture capital firm F-Prime. Valuation information was not disclosed. The company uses stablecoin technology to improve the efficiency of global remittance transactions, and the new funds will be used to support its global expansion.

Standard Economics raises $9 million in seed funding, led by Paradigm.

On October 28, stablecoin payment company Standard Economics announced the completion of a $9 million seed funding round, led by Paradigm, with participation from Lightspeed and a group of strategic angel investors. The new funds will support the development of its stablecoin-based payment application, enabling users to make payments and send international money transfers for free.

Accountable raises $7.5 million, led by Pantera Capital.

On October 30, crypto lending company Accountable announced the completion of a $7.5 million funding round, with the new funds intended to expand its team. Currently, the company has 18 employees, but CEO Wojtek Pawlowski hopes to expand several teams, including a business development team.

Semantic Layer has raised $5 million in Series A funding, led by Greenfield Capital.

On October 31, according to official news, AI infrastructure project Semantic Layer announced the completion of a $5 million Series A funding round, led by Greenfield Capital. This round of funding will be used to advance on-chain AI autonomous agents, decentralized applications, and the construction of ordering sovereignty for assets.

Stablecoin company Loon has raised approximately $2.15 million in seed funding, led by Version One Ventures.

On October 29, Canadian stablecoin company Loon completed a seed round of financing of 3 million Canadian dollars (approximately US$2.15 million), led by Version One Ventures, with participation from Garage Capital and a consortium of Canadian angel investors. The company reportedly plans to launch a stablecoin based on the Canadian dollar to reduce its reliance on US dollar stablecoins.

Decentralized AI inference routing network DGrid AI completes seed round funding and will begin node pre-sales.

On October 31, according to official news, the decentralized AI inference routing network DGrid AI announced that it has received seed round investment support from institutions such as Waterdrip Capital, IoTeX, Paramita VC, Catcher VC, 4EVER Research, Abraca Research, and Zenith Capital.

This article is sourced from the internet: Weekly Funding Roundup | 8 projects received funding, totaling $59.4 million (October 27 – November 2)Recommended Articles

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