May 18th to 24th has been quite action-packed at the moment. The industry’s total investment reached around $307.5 million.
In other words, many institutional investors came forward with their bag of cash and literally dumped it into the landscape.
Here are some of the most notable investments made by institutions in the last week:
World Foundation
Raised nearly $135 million from a16z crypto, Slini, and Cain Capital Crypto.
As per the latest announcement, the funds will be used to expand its iris-based network.
Slash
Scored nearly $41 million in the Series B round, has a fully diluted valuation close to $370 million.
Goodwater backs the project and has already raised close to $60 million so far.
Catena Labs
The labs secured $18 million in a Seed round.
The investment is backed by Z Ventures, Breyer Capital, and 16z Crypto.
Roxom
Gathered $17.9 million in the anonymous round.
Investors include Draper Associates, Kingsway Capital, and Borderless.
The project has raised around $22.2 million.
TrueX
Coinbase alumni back the project and have collected close to $11 million in its debut on True Market and DeFi.
Reciprocal Ventures, Framework Ventures, and Accomplice currently back the investment.
