Download App
iOS & Android

Bitgert Ventures Invests $1.4M in Fitness App IMOV for Strategic Partnership

Bitgert Ventures, a prominent venture capital investment platform, has announced a strategic investment of up to $1.4 million in the fitness app IMOV. IMOV's app promotes healthy activities and rewards users with crypto assets for their fitness efforts.

The app has gained popularity due to its connection to the latest technology of the Web3 world. Bitgert hopes for significant profits from the investment and expects IMOV to provide additional facilities and fitness-related merchandise.


All Comments

Recommended for you

  • Insider: Lens Protocol seeks to raise $50 million at a $500 million valuation

    On June 18th, informed sources revealed that Stani Kulechov, the founder and CEO of Avara, is in contact with US venture capital firms to seek $50 million in financing for Lens Protocol. This financing will bring its valuation to $500 million. Avara's spokesperson did not confirm or deny this information and declined to comment further. When asked about the issuance of coins, Kulechov said "we haven't gotten to that point yet." The main goal at present is the upcoming launch of Lens Network, a native network built on the ZKsync technology stack. In 2023, Lens Protocol raised $15 million in financing, while its competitor Farcaster raised $150 million in financing with a valuation of $1 billion four weeks ago.
  • Layer3 Raises $15M in Series A Funding for Development of Omnichain Identity and Distribution Protocol

    Layer3, a company that has developed an omnichain identity and distribution protocol, has raised $15 million in Series A funding, bringing the total amount raised to $21.2 million. The funding round was led by ParaFi and Greenfield Capital, with participation from several other investors. Layer3 plans to use the funds to expand its operations and development efforts. The company's protocol allows for targeted and efficient distribution of tokens to users based on a variety of criteria, and has already been adopted by several crypto teams.
  • South Korea’s New Reform Party Promises Stronger Measures Against Crypto Fraud

    On June 17th, the newly established right-wing political party in South Korea, the New Reform Party, announced plans to impose heavy penalties on those involved in financial fraud and scams, particularly individuals engaged in cryptocurrency fraud, housing contract fraud, and stock market manipulation.
  • NEAR Foundation Establishes Nuffle Labs and Receives $13 Million in Funding

    The NEAR Foundation has established Nuffle Labs and received a funding of $13 million. The fundraising also includes external investors such as Electric Capital, Canonical Crypto, Fabric Ventures, Robot Ventures, Caladan, and Lyrik Ventures, which will promote the development and decentralization of the NEAR ecosystem. Nuffle Labs will use NEAR's products to provide data availability and fast finality.
  • Modular AI network REVOX completes strategic round of financing, with cumulative financing of US$6 million

    Modular AI network REVOX ( has announced the completion of its strategic financing round, which was participated in by several angel investors in the AI and Web3 fields, as well as institutions such as SevenX Ventures, Arweave SCP Ventures, Cointelegraph Acceleration, Skyland Ventures, Taisu Ventures, 0x Consulting, and 7upDAO.REVOX aims to build a modular AI Agent network and distributed application, providing users with fair and efficient information in the Web3 and wider fields, completely changing the way AI distributed applications are created through decentralized AI infrastructure, and becoming the preferred platform for Web3 AI developers and users.REVOX's flagship mobile applications ReadON DAO and TON application ShareON have over 4 million users and over 400,000 daily active users on the chain. Among them, over 1.25 million users have completed KYC verification through payment platforms such as Binance Pay, Lazada Pay, and Dana.In terms of revenue, REVOX has reached commercial cooperation with multiple enterprises and projects, providing digital technology services to Web3 subsidiary of Japanese social giant LINE, Japanese airline JAL, German digital marketing company adjoe, and Web3 game project Mobox and other partners.Currently, REVOX has officially launched the airdrop point application activity, and users can win airdrop points by experiencing the Web3 GPT tool
  • Pantera Capital: Invested $5 million in Everclear to support its development of a cross-chain clearing layer

    On June 13th, according to an official announcement, venture capital firm Pantera Capital announced a $5 million investment in Everclear to support the development of its cross-chain settlement layer technology. Everclear (formerly known as Connext) has been dedicated to solving the problem of asset transfer between blockchain networks since 2017. The company's latest settlement layer is a decentralized network designed to achieve settlement and purification of cross-chain liquidity through complex intent solutions and proprietary optimistic rollup technology, with an expected five-fold reduction in the cost and complexity of cross-chain transactions. In addition, Everclear's settlement layer supports custom settlement logic, allowing any blockchain to access it without barriers, promoting the network's widespread growth.
  • Token distribution protocol Layer3 raises $15 million in Series A funding

    Token distribution protocol Layer3 has raised $15 million in Series A funding led by ParaFi and Greenfield Capital, with participation from Electric Capital, Immutable, Lattice, Tioga, LeadBlock, Amber, and others. Layer3 also revealed its previously unannounced $3.7 million strategic funding round, which was raised by Electric, ParaFi, Polygon's Sandeep Nailwal, and others in 2022. The Series A funding brings Layer3's total funding to $21.2 million, and the company also raised $2.5 million in 2021.
  • Crypto gaming ecosystem Pixelverse raises $5.5 million

    Pixelverse, an encrypted gaming ecosystem based on Telegram, raised $5.5 million to support its continued growth. Participants in this round of financing include Delphi Ventures, Merit Circle, former Nexon CEO Joonmo (James) Kwon, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, Foresight Ventures, and The Sandbox founder Sébastien Borget.
  • Payments firm Kima raises $5 million in equity and token funding round

    Payment company Kima has raised a total of $5 million in seed funding through equity and token financing rounds, bringing its total funding to $8 million. Blockchange, the research and development accelerator FinSec Innovation Lab under payment giant Mastercard, and several angel investors led the equity financing round. Other supporters of the token financing included Outlier Ventures, Blockchange, Big Brain Holdings, Castrum Capital, Kangaroo Capital, and Maven Capital. It is reported that Kima has built a network 3, decentralized settlement protocol that connects traditional financial services with DeFi tools.
  • On-chain data developer Irys completes $8.9 million in financing

    Blockchain data developer Irys has completed a round of financing led by crypto venture capital firm Lemniscap, bringing Irys' total financing to $8.9 million. Framework, Primitive Ventures, Hypersphere, Permanent Ventures, EV3, and Berachain co-founder Smokey the Bera, Ryan Watkins, Daniel Cheung and others participated in this round of financing.