Recent Funding Rounds for Crypto Projects & Companies on Oct 20th 🚀🌐

1. Ryder – Undisclosed

• Date: October 20, 2023
• Financing Amount: $1.2M
• Category: Web3 Infrastructure
• Subcategory: Hardware Wallet

About Ryder: Ryder has successfully raised $1.2 million in its recent funding round, marking the launch of its pioneering Ryder One hardware wallet. This unique physical device eliminates the traditional seed phrases, replacing them with the innovative TapSafe recovery feature. Prominent backers of this round include Oak Grove Ventures, Bitcoin Frontier Fund, Muneeb Ali from Trust Machines, and SBX Capital.

Investors Snapshot:

• Oak Grove Ventures
  • Type: Fund
  • Portfolio Companies: 1
• Bitcoin Frontier Fund
  • Type: Fund
  • Year Founded: 2021
  • Portfolio Companies: 4
• Muneeb Ali
  • Type: Angel Investor
  • Location: USA
  • Portfolio Companies: 1
• SBX Capital
  • Type: Fund
  • Location: UK
  • Year Founded: 2020
  • Portfolio Companies: 4
  • Email: saoud@sbxcapital.co

Company Profile: Ryder is a transformative hardware wallet designed to seamlessly integrate web3 into everyday social interactions. The company envisions a world where the nuances of web3 are so integrated into our lives that we barely notice them.

2. Upland – Extended Series A

• Date: October 20, 2023
• Financing Amount: $7M
• Category: Web3 NFTs
• Subcategory: Gaming Metaverse

About Upland: Upland, a unique blockchain real estate collection and trading game, has unveiled its $7 million Series A extension raise. This funding, spearheaded by EOS Network Ventures, comes on the heels of an impressive $18 million Series A raise in 2021.

Investors Snapshot:

• EOS VC Fund
  • Type: Fund
  • Location: USA
  • Portfolio Companies: 3

Founders & Team:

• Dirk Lueth
• Idan Zuckerman
• Mani Honigstein

Company Profile: Upland stands as a digital representation of the earth’s metaverse, mapping the physical world in a digital format accessible across web, iOS, and Android platforms. With a player-driven “real economy”, Upland is grounded on three foundational pillars: Play, Earn, and connect. In a significant development, the Argentine Football Association (AFA) has chosen Upland for its maiden journey into the realm of web3 fan engagement, offering fans digital collectibles and a dedicated virtual space.

Stay tuned for more updates on funding rounds and crypto projects in the ever-evolving crypto space!