Title: Crypto Fundraising Summer 2024 - Top protocol to watch
1/ @MorphoLabs
• Total raised: $69.35M
• Latest round: Undisclosed, $50M
• Backers: PanteraCapital, a16z, and more.
Morpho is arguably the most significant phenomenon in DeFi this year, boasting over $1.5 billion in TVL.

2/ @megaeth_labs
• Total raised: $20M
• Latest round: Seed, $20M
• Backers: Dragonfly, VitalikButerin, Robotventures, and more.
MegaETH claims to be the first "real-time blockchain" with full Ethereum compatibility. The new chain aims to reach 100,000 TPS.

Macro Strategist at BlockBase Venture: https://blockbase.co/

More information: https://insights.blockbase.co/author/phuc-duong/

3/ Sentient_agi
• Total raised: $85M
• Latest round: Seed, $85M
• Backers: Founders fund, Pantera Capital, and more.
Sentient is a foundation focused on developing an open artificial general intelligence (AGI) platform. You can already join the Waitlist.

4/ Daylightenergy_
• Total raised: $13.2M
• Latest round: Series A, $9M
• Backers: a16z, hiFramework, and more.
Daylight is a DePIN protocol dedicated to energy distribution. It leverages the Base blockchain, rewarding users for utilizing green energy.

5/ ParticleNtwrk
• Total raised: $25M
• Latest round: Series A, $15M
• Backers: TheSpartanLabs, HashKey_Capital, AnimocaVentures, and more.
Particle Network is a Modular Chain Abstraction Infrastructure offering a seamless Web3 experience.

6/ aprMEV
• Total raised: $10M
• Latest round: Seed, $8M
• Backers: Pantera Capital, OKX_Ventures, Hashed, Consensys, and more.
aPriori is an MEV-powered liquidity staking platform on Monad that repurchases MEVs and redistributes the proceeds to protocols.

7/ Pi_Squared_Pi2
• Total raised: $12.5M
• Latest round: Seed, $12.5M
• Backers: polychain, SamsungNext, robotventures, and more.
Pi Squared (Proof of Proof) facilitates trustless remote computing, AI, and interoperable smart contracts for any blockchain or dApp.

MorphoLabs' remarkable fundraising journey and impressive TVL are a testament to the protocol's innovative approach to DeFi. Exciting to see its growth trajectory continue!