Top Seven Crypto Fundraising Rounds This Week


Top Seven Crypto Fundraising Rounds This Week

  blockchainreporter.net 05 August 2024 08:24, UTC

Top 7 ICO, a famous company offering analytics and insights into DeFi and cryptocurrency projects, has disclosed the top seven fundraising rounds of this week. As per Top 7 ICO, the prominent seven private cryptocurrency fundraising rounds that were accomplished this week include Morpho, Layer2 Financial, Daylight, Hyperbolic Labs, Icebreaker, Breakout, and Mintify. The platform disclosed this development on its official X account.

Top 7 Crypto Fundraising Rounds of the Week

Let’s take a look at the top 7 biggest private crypto fundraising rounds completed in the previous week, backed by crypto venture investors including @cbventures, @a16zcrypto, @hiFramework, @polychain, @coinfund_io, and others. pic.twitter.com/4UTpNkZfRS

— TOP 7 ICO | #StandWithUkraine (@top7ico) August 4, 2024

Top 7 ICO Reveals Seven Crypto Fundraising Rounds in the Recent 7 Days

In its recent X post, the company revealed that Morpho took the 1st spot among these fundraising rounds. According to Top 7 ICO, the project effectively collected a significant amount of up to $50 million. The supporters behind Morpho’s fundraising include Rabbit Capital and Coinbase Ventures. Layer2 Financial secured the 2nd position with a fundraising of up to $10.7M. Galaxy reportedly provided support for the respective fundraising.

The Top Entities Backing These Fundraising Include CoinFund, Polychain, Framework Ventures and Coinbase Ventures

Following that, Daylight efficiently made a fundraising of nearly $9 million. The well-known backers behind this fundraising round include Framework. In addition to this, another project going by “Hyperbolic Labs” also made substantial fundraising this week. Top 7 ICO added that the project collected $7 million in its fundraising round. Its top investors took into account Faction and Polychain Capital.

According to Top 7 ICO, Icebreaker made approximately $5 million in its latest fundraising round. The top investor backing the project was CoinFund. The list moves on to place Breakout at the 6th place with a collection of approximately $4.5 million. Rockaway was among the prominent investors supporting Breakout. On the 7th spot, Mintify raised $3.4M in its fundraising with Alchemy backing it.

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