Octopus Ventures led the seed round to support international expansion and platform development.
"We envision a world where the size of a business is no longer an inhibitor to it achieving its ultimate goals. We’re building the infrastructure to give businesses of any shape and size access to the most efficient forms of capital in real time. This funding round is yet another great point of validation for BondAval. The interest and support of all our investors – funds and angels alike – is rewarding in the fact that they all see the opportunity ahead of us. The capital raised will help us to continue hiring the best talent available. I’m proud of what this team has accomplished already and excited for the future."
Westridge Markets led the seed round for the blockchain gaming platform.
"PlayDough has been a journey of blitz scaling since inception. It has only been a few months and we already have active community members in over 30 countries. Gaming seems to be achieving the borderless ideals of crypto at full speed. We have started with the most advanced play-to-earn game, Axie Infinity. While building a community around PlayDough has been satisfying, the ability to look at play-to-earn as a yield generation strategy has also been a motivator for the trader in me. We have built valuation models, breeding strategies and training programs for our community to be able to generate the highest yield possible. While Axie being the most advanced game in the play-to-earn space remains the focus for PlayDough, it has already started building inventory in emerging games from Sorare to Gods Unchained. Star Atlas on Solana and Moonray on Stacks are showing early signs of a cross chain universe that PlayDough is planning to build on."
The seed round was led by PROfounders Capital to support product development and team expansion.
"We’re now seeing a huge rise in demand for preventative mental health solutions, especially as work from home isolation becomes the norm, and we’re drawing a lot of parallels with what happened in the digital fitness market. We’re excited to have the minds behind some of the biggest consumer and media businesses in the world helping us build the next big consumer brand in the mental health space. Our mission remains unchanged: we want to make the world a happier place by making looking after your mental health as normal as going to the gym."
