In 2023, the Web3 infrastructure sector leads the fundraising trend, with five major projects attracting attention.

Data shows that in 2023, there were a total of 1,178 financing events, with a total financing scale of 2.839 billion USD. In terms of financing scale, the infrastructure sector ranked first.

Several top investment institutions, such as a well-known venture capital firm, a venture capital department of a trading platform, and an investment company, are focusing on the infrastructure sector as a key layout direction. Although different investment institutions have varying preferences for each sector, the infrastructure sector occupies a significant proportion of their investment landscape. In addition, a well-known venture capital firm also emphasizes the gaming sector; an investment company, the venture capital department of an exchange, and the venture capital department of a trading platform focus on the DeFi sector, while the investment company has fewer investment instances, with a relatively average number of investments in other areas.

Here are a few potential projects in the infrastructure track:

B² Network

B² Network is an EVM-compatible Rollup based on Bitcoin zero-knowledge proof verification commitments. Rollup data and zk proof verification commitments are recorded on the Bitcoin network and ultimately confirmed through a challenge-response mechanism.

The project participated in a Bitcoin ecological project roadshow organized by a certain institution in 2023 and received investment. It is reported that the core members of the B² Network technology team are active members of mainstream open-source communities such as Ethereum and Bitcoin.

Recently, the B² Network will upgrade from the Alpha testnet to the Haven Beta testnet. Currently, their Odyssey mission is underway, and users can participate through the official website.

Mind Network

Mind Network is a zero-trust layer designed to bring the next billion users and trillions of dollars to Web3. It offers security and data privacy solutions that enable true CrossFi scalability, comply with regulatory requirements, and adhere to the Web3 principles of asset tokenization and personal data ownership. The project was selected for the fifth season incubation program of a certain trading platform's venture capital department and the BUILD program of a certain data oracle project.

On June 29, 2023, Mind Network announced the completion of a $2.5 million seed round financing, with several well-known investment institutions participating.

Omni Network

Omni is the interoperability layer of Ethereum, providing core infrastructure support for all modular applications on Ethereum. Developers will be able to seamlessly build applications that exist throughout the Ethereum ecosystem while accessing all users and all capital. Omni is the successor to the DeFi protocol Rift Finance, which provided financial services for Web3 projects.

Omni has received $18 million in funding support, with investment from several well-known venture capital firms.

In June 2023, the Omni testnet went live. Currently, the official has not announced any news regarding the airdrop plan, so it is recommended to keep an eye on future updates.

Wormhole

Wormhole is a decentralized universal messaging protocol that allows developers and users of cross-chain applications to leverage the advantages of multiple ecosystems.

Wormhole completed a $225 million financing with a valuation of $2.5 billion, with participation from multiple well-known investment institutions, making it the largest financing round in 2023.

CESS

CESS is committed to creating a blockchain-based distributed cloud storage system, effectively managing distributed resources through virtualization technology, and providing consistent and efficient distributed storage services to customers. CESS's global content delivery network enables users to easily access their data anytime and anywhere.

In December 2023, CESS completed a financing of 8 million USD, with participation from multiple investment institutions.

The CESS team won the championship of a Web3 hackathon organized by a certain foundation in 2021 and has passed all three milestones funded by the foundation. According to the officially published roadmap, CESS plans to issue tokens in 2024. Currently, CESS is active on a certain task platform where users can participate in the testnet phase.