EDX Markets completes $76 million Series C funding round
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KOR Protocol raises $7.5 million in Series A funding, valuing the company at $100 million.
According to ChainCatcher, KOR Protocol, an on-chain clearinghouse in the entertainment sector, has announced the completion of a $7.5 million Series A funding round, valuing the company at $100 million. Investors include 1kx, Blockchain Capital, and previous investors such as Republic Crypto, Sfermion, Alumni Ventures, and SevenX.
Siasun Robot & Automation Co., Ltd. completes A+ round financing of hundreds of millions of yuan.
According to Mars Finance, Siasun Robot & Automation Co., Ltd. announced the completion of its Series A+ equity financing round, raising hundreds of millions of yuan. The round was jointly led by Hongtai Fund and CDH Investments, with participation from well-known capital firms such as China Chengtong Fund, Dazhong Juding, and Guangzhou Suyuan. Existing shareholder Dongjun Capital also increased its investment.
"Derui Pharma" completes $52 million Series B financing.
Mars Finance reports that Derui Pharma, a technology company focused on AI-driven new drug development, has announced the completion of a $52 million Series B financing round, with multiple investment institutions and industry funds participating. Kaicheng Capital served as the exclusive financial advisor for this round. The funds raised will be primarily invested in the in-depth technological iteration of the company's self-developed full-chain AI pharmaceutical engine, MAP (Molecule Arts Platform), continuously improving its multi-agent collaborative system and clinical data-in-the-Loop. Simultaneously, the company will advance the Phase III clinical development and commercialization of its self-developed oral GLP-1RA small molecule MDR-001, accelerating the expansion of its differentiated innovative drug pipeline.
"Quantity Intelligence" completes tens of millions of yuan in angel round financing.
According to Mars Finance, "Lianggan Intelligence" has recently completed an angel round of financing worth tens of millions of yuan, led by Futeng Capital (a subsidiary of Shanghai Guotou) and followed by Liuhe Venture Capital.
Google and RWE back Proxima Fusion in a €411 million funding round
Munich-based magnetic confinement fusion startup Proxima Fusion announced on Tuesday that it has raised €411 million ($469.69 million) in a funding round from investors including Alphabet's Google and German utility RWE. The company stated that the round was led by XTX Ventures and East X Ventures, with RWE and Google participating as strategic investors. The company added that this funding round values Proxima Fusion at €2.4 billion ($2.7 billion). (Sina Finance)
Paradigm led a seed funding round for M1X Global to advance sovereign debt tokenization infrastructure.
According to Mars Finance, on July 8th, crypto venture capital firm Paradigm led a seed round of funding for sovereign debt tokenization platform M1X Global, supporting its expansion of on-chain sovereign debt issuance and management capabilities. M1X Global's core product, USDM1, launched in partnership with the Marshall Islands government, is a USD-denominated sovereign debt instrument issued directly on the public blockchain, backed by 1:1 US short-term Treasury bonds and utilizing New York State legal frameworks to provide investor protection. This round of funding will primarily be used to promote the institutional application of USDM1, including its use as compliant collateral in repurchase, margin, and collateralized financing scenarios, and to deepen integration with banks, custodians, and trading platforms. Previously, M1X Global completed a $3 million oversubscribed angel round of funding in March 2026, with investors including Balaji Srinivasan.