Crypto Enterprise Financing: Cipher Mining Gets $50 Million

# Crypto Enterprise Financing: Cipher Mining Gets $50 Million

In the final week of January, artificial intelligence and infrastructure construction were prominent subjects, with Cipher Mining obtaining a substantial $50 million investment from SoftBank.

The week’s total financing surpassed $200 million, encompassing diverse industries such as identity solutions, gaming platforms, and mining activities. According to data from Crypto Fundraising, let’s explore the significant agreements that have been completed.

### Cipher Mining, $50 Million

* Cipher Mining, supported by SoftBank, generated $50 million via a PIPE (Private Investment in Public Equity) deal.

### D3 Global, $25 Million

* D3 Global obtained $25 million in a secret financing round.
* The project has raised a total of $30 million, with backing from Paradigm and Coinbase Ventures.

### Irreducible, $24 Million

* Irreducible generated $24 million in a Series A financing round.
* This investment was backed by Fenbushi Capital, Rain Capital Crypto, and Paradigm.
* The project has raised a total of $39 million.

### Humanity Protocol, $20 Million

* Obtained $20 million in a secret financing round, with a Fully Diluted Valuation (FDV) of $1.1 billion.
* Supported by Jump and Pantera.
* Humanity Protocol has raised a total of $50 million.

### VitalVEDA, $20 Million

* VitalVEDA generated $20 million in a secret financing round.
* This investment was backed by Rothman Management.
* The project is developing an AI-driven fitness platform.
* Concentrating on dApp creation and sports.

### Elastos, $20 Million

* Elastos generated $20 million in a secret financing round.
* Supported by Rothman Management.
* Elastos is constructing L1 infrastructure and identity solutions.

### Sign, $16 Million

* Sign, supported by YZILabs, generated $16 million in a secret financing round.

* The on-chain infrastructure has raised a total of $28 million for credential verification and token distribution. Ice Open Network and ChainGPT Reveal Innovative Web3-AI Alliance

Heres a summary of current financing rounds within the crypto and Web3 sector:

**Substantial Investments:**

* **Cryptio:** Obtained $15 million through Series A financing to advance their crypto bookkeeping and audit platform. Financiers encompassed Alven and 1kx. Cumulative financing thus far: $26.2 million.
* **Pixion Games:** A Web3 gaming firm creating a play-to-earn (P2E) game utilizing Avalanche (AVAX), garnered $12.4 million through a private round. Supporters encompass Delphi Digital and SkyMavis (the group responsible for Axie Infinity). Total investment: $17.9 million.
* **World Liberty Financial:** Seized $10 million via funding from Web3PORT through a private round. They’ve by now amassed an enormous $340 million in total.
* **Pod Network:** Secured $10 million through a seed round to grow their decentralized social networking platform. CSX, 1kx, and Blockchain Builders Fund took part.

**Smaller, yet Significant Rounds (Under $10 Million):**

* **Cedar Money:** $9.9 million for stablecoin growth.
* **Analog:** $5 million for their cross-chain infrastructure, assessing the firm at a completely diluted valuation of $300 million.
* **Pell Network:** $3.5 million to construct within the Bitcoin (BTC) environment.
* **Maalexi:** $3 million for marketplace expansion.
* **Mevvy:** $2.8 million for cross-chain dealings.
* **Canopy:** $1.2 million for DeFi portfolio management instruments.
* **McQueen Labs:** $1.16 million for ventures within the Solana (SOL) environment.
* **Based:** $420,000 for Solana-centered trading results.
* **Clipper:** A confidential sum for their DeFi results.