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During a bull market frenzy, keep an eye on recently funded projects yet to launch their tokens

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This article introduces several recently successful non-ICO projects that raised tens of millions of dollars, including KOL attention, investors, funding amount, etc., covering AI, L2, zk, DeFi, and other fields.
Original Article Title: "Bull Market Returns! Focus on Recently Well-Funded Projects"
Original Article Authors: Viee, Biteye


Recently, several pre-launch projects have successfully raised over tens of millions of dollars, covering AI, L2, zk, DeFi, and other fields. In this article, Biteye will introduce 18 projects one by one, including KOL attention, investors, and funding amounts.



1. Azra Games


Raised $42 million, backed by Pantera Capital, Andreessen Horowitz, among others.


A blockchain gaming company aiming to create mainstream collectible and battle RPG games.


2. Glow


Raised $30 million, supported by Framework Ventures, USV, and others.


Glow is building a Proof of Physical Work (PoPW) for carbon credit.


3. Nillion


Raised $25 million, with investments from Hack VC, HashKey Capital, and others.


Building a decentralized public network based on "zero-knowledge computation" to protect data privacy.


4. Atlas


Raised $21 million, with funding from Haun Ventures, Paradigm, and others.


A blockchain for verifiable finance, designed for reliable transactions and near-zero transaction costs in financial applications.


5. Ithaca


Raised $20 million, backed by Paradigm.


An open-source L2 spun out of Paradigm, working on developing Odyssey.


6. Bluesky


Raised $15 million, with investments from Blockchain Capital, SevenX Ventures, and others.


Building an AT protocol to empower creators to build independently from platforms.


7. Citrea


Raised $14 million, backed by Founders Fund, Maven 11, and others.


Every transaction is fully shielded by zero-knowledge proofs and validated through BitVM.


8. zkPass


Raised $12.5 million, backed by Archetype, Breyer Capital, and others.


A private data protocol utilizing 3P-TLS and hybrid ZK technology.


9. Opacity Network


Raised $12 million, backed by Archetype, Breyer Capital, and others.


A zero-knowledge proof protocol enabling trustless information sharing and verification in minutes.


10. Solv Protocol


Raised $11 million, backed by Blockchain Capital, OKX Ventures, and others.


A decentralized Bitcoin collateralization protocol.


11. delta


Raised $11 million, backed by Variant Fund, Maven 11, and others.


A network with shared state.


12. Sapien


Raised $10.5 million, backed by Variant Fund, Primitive Ventures, and others.


Scalable data labeling solution aimed at advancing AI language models.


13. Variational


Raised $10.3 million, backed by Bain Capital Crypto, Peak XV Partners, and others.


A cryptocurrency derivatives trading protocol built on Arbitrum.


14. vlayer


Raised $10M led by Andreessen Horowitz, BlockTower Capital, and others.


A trustless verifiable data infrastructure supported by zero-knowledge proofs.


15. PumpBTC


Raised $10M led by SevenX Ventures, Mirana Ventures, and others.


Babylon's liquid staking solution.


16. Validation Cloud


Raised $10M led by TCG.


A Web3 infrastructure platform providing elite, high-performance nodes and staking infrastructure.


17. Mento


Raised $10M led by HashKey Capital, No Limit Holdings, and others.


A stablecoin and digital asset innovation lab spun out of cLabs (Celo).


18. PiP World


Raised $10M with undisclosed investors.


Web3 gaming and education project, launched a game called Gold Rush on Telegram.


Original Article Link


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