Web3 gaming and VC firm Animoca Brands raised $110M via convertible notes led by Temasek, Boyu Capital, and GGV, after raising $434M in 2022 (Lucy Harley-McKeown/The Block)

Ornella Hernandez / Blockworks:
Web3 game publisher Revolving Games raised over $13.2M from Pantera Capital, Animoca Brands, and others, bringing its seed funding to $25M+  —  Rockstar Games’ co-founder adds to team’s war chest for Web3 game development

Manish Singh / TechCrunch:
Indian B2B marketplace Udaan raised $120M in convertible notes and debt, taking its funding to $350M+ in the past year, and plans an IPO in 12-18 months  —  India’s Udaan has raised $120 million in convertible notes and debt led by existing shareholders and bondholders …

Lucy Harley-McKeown / The Block:
OpenSea says NFT creators collectively earned $1.1B in royalties in 2022 so far, of which 80% were to collections outside the top 10  —  – OpenSea said that up to Nov. 23 this year, NFT creators had earned more than $1 billion through royalty payments on its platform in 2022.

Paul Sawers / TechCrunch:
Drata, which uses automation to help companies adhere to compliance frameworks, raised a $200M Series C led by Iconiq Growth and GGV Capital at a $2B valuation  —  Drata, a security compliance and automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR …

Daniel Levi / Tech Startups:
Colorado-based ColdQuanta, which uses cold atom tech to build and integrate quantum computers, sensors, clocks, and networks, raised a $110M Series B  —  The internet has changed over the years.  But the groundwork for today’s internet was laid in 1973 by the U.S. Defense Advanced Research Projects Agency (DARPA).

Kyle Wiggers / TechCrunch:
Vic.ai, which offers an accounting automation service, raised a $52M Series C led by GGV Capital and ICONIQ Growth, bringing its total funding to $115M  —  AI is an imperfect technology, but one task at which it excels is identifying patterns in vast amounts of data.