At the peak of Bitcoin, let's take stock of the recent large financing projects that have not yet issued tokens.

Author: Biteye Core Contributor Viee

Editor: Biteye Core Contributor Crush

Recently, several unlaunched projects have successfully raised over ten million dollars, involving sectors such as AI, L2, zk, and DeFi. In this article, Biteye will introduce these 18 projects one by one, including KOL attention, investors, and funding amounts.

As Bitcoin reaches new highs, let's review the recent large funding rounds for unlaunched projects

1. Azra Games

Raised $42 million, invested by Pantera Capital, Andreessen Horowitz, and others.

A blockchain gaming company aiming to create mainstream collectible and combat role-playing games.

2. Glow

Raised $30 million, invested by Framework Ventures, USV, and others.

Glow is building a proof of physical work (PoPW) for carbon credits.

3. Nillion

Raised $25 million, invested by Hack VC, HashKey Capital, and others.

Building a decentralized public network based on "zero computation" to protect data privacy.

4. Atlas

Raised $21 million, invested by Haun Ventures, Paradigm, and others.

A blockchain for verifiable finance, built for reliable transactions and near-zero transaction cost financial applications.

5. Ithaca

Raised $20 million, invested by Paradigm.

An open-source L2 that has spun out from Paradigm, currently developing Odyssey.

6. Bluesky

Raised $15 million, invested by Blockchain Capital, SevenX Ventures, and others.

Building the AT protocol to allow creators to build freely independent of platforms.

7. Citrea

Raised $14 million, invested by Founders Fund, Maven 11, and others.

Every transaction is fully protected by zero-knowledge proofs and verified through BitVM.

8. zkPass

Raised $12.5 million, invested by Archetype, Breyer Capital, and others.

A private data protocol utilizing 3P-TLS and hybrid ZK technology.

9. Opacity Network

Raised $12 million, invested by Archetype, Breyer Capital, and others.

A zero-knowledge proof protocol that enables trustless information sharing and verification in minutes.

10. Solv Protocol

Raised $11 million, invested by Blockchain Capital, OKX Ventures, and others.

A decentralized Bitcoin staking protocol.

11. delta

Raised $11 million, invested by Variant Fund, Maven 11, and others.

A network with shared state.

12. Sapien

Raised $10.5 million, invested by Variant Fund, Primitive Ventures, and others.

A scalable data labeling solution aimed at advancing AI language learning models.

13. Variational

Raised $10.3 million, invested by Bain Capital Crypto, Peak XV Partners, and others.

A cryptocurrency derivatives trading protocol based on Arbitrum.

14. vlayer

Raised $10 million, invested by Andreessen Horowitz, BlockTower Capital, and others.

A trustless verifiable data infrastructure supported by zero-knowledge proofs.

15. PumpBTC

Raised $10 million, invested by SevenX Ventures, Mirana Ventures, and others.

Babylon's liquid staking solution.

16. Validation Cloud

Raised $10 million, invested by TCG.

A Web3 infrastructure platform providing elite, high-performance nodes and staking infrastructure.

17. Mento

Raised $10 million, invested by HashKey Capital, No Limit Holdings, and others.

A stablecoin and digital asset innovation lab spun out from cLabs (Celo).

18. PiP World

Raised $10 million, with undisclosed investors.

A Web3 gaming and education project that launched a game called Gold Rush on Telegram.

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