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Mike
@mikewchan
Happy Day after Thanksgiving! 🦃 Here are the 5 most interesting crypto fundraises (according to me) for the week ending 11/29/24:
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Mike pfp
Mike
@mikewchan
1. Lulu Chain AI-based emotional value blockchain Lulu Chain raised $5M in a round led by DG Capital, with participation from SMO Capital, Unionblock, and others. Lulu Chain is a modular blockchain that utilizes AI to analyze participants' emotional states across various social platforms and transforms this into quantifiable, tradable assets. Crypto will make everything a market - even emotions!
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Mike
@mikewchan
2. Rise Stablecoin-powered payroll and compliance company Rise raised $6.3M in a Series A round led by Draper Associates, Polymorphic Capital, and more Rise is a hybrid, cross-border payment infrastructure that blends fiat currencies, stablecoins, and cryptocurrencies. Its first product is a Global Contractor Payment system, which allows for both domestic & cross-border fiat and crypto payments for contractors across the world. Eventually everyone will be paid in crypto with platforms like Rise!
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Mike
@mikewchan
3. Talus L1 Blockchain for AI Agents Talus Network raised $6M in a Strategic round led by Polychain Capital, with participation from Foresight Ventures, Animoca Brands, and many others. Talus Network facilitates the creation, operation, and monetization of onchain, autonomous smart agents. Built on the MoveVM, Talus Network offers developers the tools to seamlessly develop, own, and monetize these composable smart agents. Bots, I mean AI agents, everywhere!
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