Hotcoin Investment and Financing Weekly Report (Nov 9 — Nov 15) | 18 Public Financing Events, Decline in Funding Data

From November 9 to November 15, the crypto market recorded 18 investment and financing events, including 7 in infrastructure, 3 in DeFi, 3 in gaming, 1 in DePIN, 1 in CeFi, 1 in compliance solutions, 1 in artificial intelligence, and 1 in e-commerce.

This week, there were four financing rounds exceeding ten million USD:

• Modular AI blockchain 0G completed a $40 million seed round, with investors including Hack VC and Delphi Digital.
• StakeStone raised $22 million in a financing round, with investors such as Polychain and Nomad Capital.
• Wyden secured CHF 14.5 million in a Series B round, backed by FiveT Fintech and C3 VC Fund.
• Notabene raised $14.5 million in a Series B round, with DRW Venture Capital and Wintermute as investors.

Compared to last week, the crypto market’s investment and financing activity has declined. Infrastructure led with 7 deals, followed by DeFi with 3 deals. Modular AI blockchain 0G achieved the largest financing amount this week, raising $40 million.

The investment and financing projects this week are sorted by financing amount as shown in the following chart:

Infrastructure

1. According to ROOTDATA investment data (11–15), Heurist raised $2 million in a pre-seed funding round, with investors including Amber Group and Contango Digital Assets. Heurist is a Layer 2 network built on ZK Stack for hosting and inferring AI models. It offers serverless access to open-source AI models hosted on a decentralized computing resource network. Its vision is to democratize AI through blockchain, ensuring accessibility and fair innovation.
2. According to ROOTDATA investment data (11–13), 0G raised $40 million in a seed funding round, with investors including Hack VC and Delphi Digital. 0G is a modular AI blockchain featuring a scalable and programmable DA layer for AI dApps. Its modular technology enables seamless interoperability across chains while ensuring security, eliminating fragmentation, and maximizing connectivity to create a weightless and open metaverse.
3. According to ROOTDATA investment data (11–12), Multiledgers raised $1 million in funding, with investors including Oxygea Ventures and Indicator Capital. Multiledgers is a blockchain infrastructure company that helps businesses easily create, manage, and integrate networks to handle information and assets. Its primary use case is managing environmental certificates, allowing clients to securely track value chains and ensure regulatory compliance.
4. According to ROOTDATA investment data (11–12), EIDON AI raised $3.5 million in a seed funding round, with investors including Framework Ventures and cyber Fund. Eidon is building a decentralized AI data network with the mission of creating permissionless, trustless, and decentralized AI systems rooted in decentralized data ownership.
5. According to ROOTDATA investment data (11–11), Brevis raised $7.5 million in a seed funding round, with investors including Binance Labs and Polychain. Brevis is a zero-knowledge (ZK) cross-chain data proof platform that enables dApps to access, compute, and utilize arbitrary data across multiple blockchains in a fully trustless manner. Its use cases include data-driven DeFi, zkBridges, on-chain user acquisition, zkDID, social account abstraction, and more.
6. According to ROOTDATA investment data (11–11), Akave raised $3.45 million in funding, with investors including Protocol Labs and Blockchange. Akave is an L2 storage chain that provides an on-chain data lake for scalable and decentralized AI.
7. According to ROOTDATA investment data (11–11), TAC raised $6.5 million in a seed funding round, with investors including Hack VC and Symbolic Capital. TAC is a TON network extension that allows the EVM community to access Telegram’s 950 million users. TAC connects TON with EVM-compatible applications, creating a unified experience for users and developers. With TAC, users can interact with any EVM application using a TON wallet, eliminating the complexity of managing multiple wallets or relying on external bridges.

DeFi

1. According to ROOTDATA investment data on November 14, Folks Finance raised $3.2 million in a Series A round, with investors including Borderless Capital and Mapleblock. Folks Finance is a DeFi platform offering innovative tools for lending, trading, and managing digital assets. Users can deposit assets to earn yields, obtain loans by providing collateral, swap assets through the Folks Router, and participate in Algorand governance with gALGO and xALGO assets.
2. According to ROOTDATA investment data on November 13, Tranched raised $3.4 million, with investors including Speedinvest and a16z. Tranched is an on-chain lending platform that enables transparent financing for the real economy without intermediaries. It tokenizes loans and automates all management and reporting through smart contracts. With a secure chain, investors can witness a tamper-proof value chain connecting legal, audit, and cash flow truths.
3. According to ROOTDATA investment data on November 11, StakeStone raised $22 million, with investors including Polychain and Nomad Capital. StakeStone offers a basket of Liquid Staking Derivative (LSDb) tokens backed by ETH staking yields, integrating major staking pools, re-staking, and LSD blue-chip DeFi strategies. It provides a new adaptable staking yield asset and liquidity for protocols requiring LSD.

Gaming

1. According to ROOTDATA investment data on November 15, Thetan World secured an undisclosed amount in a strategic funding round from the Avalanche Blizzard Fund. Thetan World is a Web3 platform for game developers to integrate, players to earn, investors and traders to grow, and creators and influencers to showcase and monetize their content.
2. According to ROOTDATA investment data on November 13, MiniTon raised an undisclosed amount in a seed round, with investors including Waterdrip Capital and Alchemy Pay. MiniTon, backed by TON, is a social competition platform that allows users to play fun games and win real prizes.
3. According to ROOTDATA investment data on November 12, BetHog raised $6 million in a seed round, with investors including 6th Man Ventures and Bullpen Capital. BetHog is building the next generation of crypto sports betting and casino platforms.

Others

1. According to ROOTDATA funding data on 11–14, Pulse completed a $1.8 million pre-seed round of financing, with investors including Collab+Currency and Lemniscap. Pulse is building an open health network that allows users to freely use their data and earn rewards.
2. According to ROOTDATA funding data on 11–14, Wyden completed a CHF 14.5 million Series B round of financing, with investors including FiveT Fintech and C3 VC Fund. Wyden ensures optimal execution through market-wide connectivity and end-to-end digital asset orchestration. Its seamless integration with major custodians, core banking, and portfolio management systems positions Wyden as a leading institutional trading platform, covering the entire trading lifecycle of cryptocurrencies and digital assets.
3. According to ROOTDATA funding data on 11–12, Notabene completed a $14.5 million Series B round of financing, with investors including DRW Venture Capital and Wintermute. Notabene is an end-to-end compliance tool for crypto travel rules, designed for comprehensive risk management.
4. According to ROOTDATA funding data on 11–11, mbd completed a $3 million pre-seed round of financing, with investors including Mask Network and Polymorphic Capital. mbd aims to build a better AI recommendation system accessible to everyone, enabling users to create Web3 search and social feeds. Its AI is trained on data from Web3 open protocols such as Lens, Farcaster, and Mirror.
5. According to ROOTDATA funding data on 11–09, Bion completed an undisclosed funding round, with TON Ventures as an investor. Bion is a Web3 shopping app that leverages blockchain technology to enhance the shopping experience and provide value-added services to consumers.