Infrastructure, DEXes and NFTs Lure in Capital

Key Takeaways

• Decentralized Exchanges (DEXes) raised $83.3 million this week; infrastructure deals had another great week with cumulative investments of $330 million and NFT projects raised $21.2 million this week
  
• Deal of the Week: Alchemy raises $250 million in Series C, valuing the Company at $3.5 billion
  
• Active investors this week include Multicoin, Alameda Research, and Jump Capital

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Venture Capital Deals

Label Foundation is a blockchain-based global education content incubation platform that provides a platform to support investments, distribution and promotion of creators' intellectual property rights. The project has raised $1 million from HG Ventures, GBIC, Mindfulness Capital, IOST, M6, Adaptive, Alphabit, among other investors. The project has established a partnership with OPENTRACK, a music education platform operated by Clesson (Label Foundation Raises $1 Million to Build Blockchain-Based Platform for the MOOC Industry).

MetaWars is an NFT-based game that is set to launch on the Binance Smart Chain. The game is a sci-fi strategy game set in the future with a multi-layered, key tactical battlefield that allows players to profit from the game’s war economy. MetaWars raised $2.3 million from investors like ABV, Raptor Capital, CinchBlock, x21, Co...