Crypto venture capital funding is hot in 2023 as digital assets have seen a surge since the start of the year.
Despite showing slower funding levels than in 2022, crypto VCs are still active in the space and funding the next generation of crypto companies.
We’ve put together the top 10 crypto startup rounds of the year! Discover the crypto companies paving the way.
1. Blockstream - $125M
Blockstream, one of the leading Bitcoin infrastructure companies in the industry, raised $125M to expand its institutional offerings and finance Bitcoin mining co-location services.
Kingsway Capital led the funding round, with Fulgur Ventures participating.
2. QuickNode - $60M
QuickNode, a leading Web3 infrastructure provider, has raised a new $60 million Series B, valuing the company at $800M.
QuickNode is building the necessary infrastructure, including from an enterprise-grade point of view, to support the next levels of blockchain adoption.
3. Carbonplace - $45M
Carbonplace, an UK-based blockchain carbon credit startup, just raised $45M from its 9 founding banks to strengthen its platform and team.
4. Candy Digital - $38M
NFTs are booming again!
Candy Digital, a top NFT platform, just raised $38M in an extended Series A round, with intentions to raise over $65M in total.
The proceeds will be used to develop its platform while establishing partnerships with key brands.
5. Plai Labs - $32M
Web3 meets AI in hopes of creating decentralized social platforms.
Plai Labs raised $32M in a new seed funding round to build that vision, with the investment being led by a16z.
6. SIMBA Chain - $30M
SIMBA Chain is revolutionizing logistics with blockchain.
The company just received $30M in strategic funding from the U.S. Air Force (USAF) to fulfill that vision.
7. Carry1st - $27M
Carry1st just raised $27M in a new round to expand its mobile games into Africa, a region primed for adoption.
The round was led by Bitkraft Ventures, with Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy participating.
8. The =nil; Foundation - $22M
The =nil; Foundation is building a range of zero-knowledge developer tools while making them easier to build and more decentralized.
The company just raised $22M to build its marketplace in a round led by Polychain Capital.
9. CyberX - $15M
CyberX, a leading Singapore-based crypto market maker, received a strategic funding round of $15M led by Foresight Ventures.
The company aims to use the proceeds to expand into Asia and North America and boost its integration, liquidity, pricing, and infrastructure.
10. Parfin - $15M
Parfin, a Brazil-based Web3 infrastructure provider, just raised a new $15M in seed funding led by Framework Ventures.
The funds will be used to build more of its product suite and launch new solutions.
=10. Ulvetanna - $15M
Ulvetanna, a zero-knowledge-proof (ZKP) company, raised a new $15M seed round led by Bain Capital Crypto and Paradigm, with the participation of Jump Crypto, valuing the company at $55M.
The company is in pre-production, using the funds to expand its team and invest in hardware.
Best crypto tax software 2023
The best crypto tax software for 2023 in the market is CoinTracking.
You can import your trades using CSV or API, track your gains/losses, and generate tax reports according to your preferred accounting method.
CoinTracking is your full crypto tax solution for:
DeFi and NFT support with our ETH+DEX importer.
Importing your Binance Chain, Binance Smart Chain, and MATIC transactions.
25+ advanced reports, including which coins offer you a tax-free rate.
Automatic capital Gains, according to 12 accounting methods (e.g., FIFO, LIFO, HMRC, ACB), accepted worldwide.
Generating complete Tax Reports in your country.
Moreover, CoinTracking can easily classify all your earnings from yield farming, liquidity pools, crypto staking, and much more.
Sign-up to CoinTracking today!
Crypto taxes with no errors: CoinTracking Full Service in the US.
CoinTracking also offers a Full Service for US traders. A crypto reconciliation tax expert from Polygon Advisory Group, a leading US crypto tax firm, will review your CoinTracking account, help fix any errors, and ensure you submit your crypto tax reports error-free.
Check the best crypto guides:
Top crypto venture capital funds in Europe
Top 14 Crypto VC rounds so far in 2022
The Best Metaverse play-to-earn games
The top 10 crypto exchanges on CoinTracking
Bitcoin Regulation Around the World
2021’s NFT guide (with taxes).
Crypto jobs: Here’s the 5 best platforms to find them.
Crypto debit cards: The best 5 providers in 2021.
Find Crypto tax accountants near me.
37 company accounts to follow on Crypto Twitter.
Exchange imports: The 2021 guide by CoinTracking
Disclaimer: All the information provided above is for informational purposes only and should not be considered as professional investment, legal, or tax advice. You should conduct your own research or consult with a professional financial advisor when investing.