๐Ÿš€ Introducing the Top 10 Blockchain Startups Fundraising Events in July ๐Ÿš€

The Bees Group
2 min readAug 10, 2023

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๐Ÿฅ‡ #1 #Flashbots: Ethereum-centric startup combating #MEVโ€™s negative impact. Raised ~$60M with support from Paradigm.

๐Ÿฅˆ Next up is @hiProtocolChain ! This innovative #Web3 payments application and protocol is on a mission to democratize blockchain technology. Theyโ€™ve successfully raised an impressive $30M, with Animoca Brands among their backers.

๐Ÿฅ‰ Cymbal is a cutting-edge real-time AI-powered block explorer on the #Ethereum #blockchain, with a keen focus on non-fungible tokens (#NFTs). This project has secured $18.5M in funding from @cbventures, Solana Foundation, @shimacapital, and Acrew Capital

#4 Aethir emerges as a decentralized cloud infrastructure (#DCI) company dedicated to enhancing content accessibility in the #Metaverse. Aethir raised $9M from Animoca Brands , Maelstrom, HashKey Group , Mirana Ventures, @MeritCircle_IO , @BigBrainVC , Momentum 6, and Sanctor Capital

#5 brings us to EthStorage , which raised $7M in funding from Foresight Ventures , Gate.io, Galxe, @Sky9Capital , @7XVC , and @daofive . #EthStorage offers a Layer2 storage rollup solution atop @ethereum, aiming to provide a programmable, dynamic storage solution

In the #6 spot, @SolvProtocol shines. As a decentralized platform bridging liquidity across DeFi, CeFi, and TradFi, #Solv Protocol attracted $6M in funding from Mirana Ventures, UOB, @LaserDigital_ Matrix Partners India, Apollo Capital, and @HASHCIB

#7 Introduces us to @passageio, a platform and social network connecting virtual and physical experiences through creator-built games. #Passage achieved a funding milestone of $6M with investments from @akashnet_, @CogitentV, @HyperchainC, and @DruidVentures.

#8 showcases @DelabsOfficial, a dedicated studio crafting timeless and engaging games with #blockchain technology. #DelabsGames raised $4.7M through support from @hashed_official, Spartan, Merit Circle, and Polygon.

#9 spotlights Releap Protocol, a decentralized, multi-chain, and open-for-all social graph empowering users to fully own their audience. Secured $2.1M from Sui Foundation, @gbvofficial, Arweave.org, @BigBrainVC, @shimacapital, DWeb3 Capital, @impossiblefi, and @SolarEcรฒund .

#10 @SideProtocol is a pioneer in interchain interoperability and mesh liquidity for Decentralized Finance. #Side attracted $1.5M in funding from HashKey Capital, KR1 plc, Continue Capital, and Symbolic Capital.

#11 ๐Ÿ–๏ธ In July, VCs directed their attention towards #AI, #data, #gaming, and #Web3 #infrastructure. Interestingly, the spotlight remains on #Layer2 solutions built on Ethereum over other #Layer1 alternatives.

๐Ÿ Keep an eye out for exciting news and updates from Bees!

#Incubeetor #TheBeesGroup #BTC #ETH #blockchain #Web3Startup

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The Bees Group
The Bees Group

Written by The Bees Group

a Blockchain focused Incubator

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