Exponential, a DeFi investment discovery and risk assessment service, raised a $14M seed led by Paradigm, with Haun Ventures, FTX’s VC arm, others participating (Brandy Betz/CoinDesk)

Xinyi Luo / CoinDesk:
Alameda-backed DeFi projects Maps.me, a maps app for travelers, and “DeFi Prime Brokerage protocol” Oxygen say 95%+ of their native tokens are locked up at FTX  —  Alameda Research led funding rounds into both companies in 2021.  —  Maps.me and Oxygen, two decentralized finance …

Brandy Betz / CoinDesk:
Switzerland-based GRNGrid, a Layer 1 DeFi blockchain that lets users transact on nodes running exclusively on renewable energy, raised $50M from GEM Digital  —  GRNGrid is a more environmentally friendly layer 1 tailored to decentralized finance.  —  The GRNGrid blockchain received …

Ron Miller / TechCrunch:
DataGrail, which helps companies comply with privacy regulations, raised a $45M Series C led by Third Point Ventures, and announces a new risk monitoring tool  —  DataGrail has always focused on helping companies comply with the growing world of privacy regulation, building plug-ins …

Brandy Betz / CoinDesk:
Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital  —  Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform  —  Tharsis Labs – the core developer of Evmos …

Muyao Shen / Bloomberg:
DeFi Llama: the total value locked in DeFi has dropped by 12%+ in the past day, after hovering around $50B to $60B since June 2022 and $180B+ in December 2021  —  Decentralized finance is feeling the pain of Binance’s proposed takeover of FTX.com, with investors yanking cash from projects …

Brandy Betz / CoinDesk:
MPCH Labs, which is developing a cryptographic technique to split and store private keys for multiple users, raised a $40M Series A led by Liberty City Ventures  —  Liberty City Ventures, which incubated the startup, led the funding round.  —  MPCH Labs raised $40 million in a Series …