23 projects raised $247.9 million, Flowdesk received $52 million

Compiled by Golden Finance

The largest financing round this week

Flowdesk raised $52 million in Series B funding, with investors including HV Capital, BlackRock, Eurazeo, Cathay Innovation, ISAI.

Flowdesk is a French crypto market maker that provides comprehensive crypto financial services. Its core businesses include market making, over-the-counter (OTC) and fund management. Flowdesk's Market Making as a Service helps token issuers manage liquidity and trading strategies across global centralized and decentralized exchanges through plug-and-play technology solutions.

Pre-seed and Seed Rounds

Seismic ($7M Seed)

Investors: Andreessen Horowitz (a16z crypto), Polychain Capital, 1kx, dao5, NGC Ventures

Seismic is a crypto-blockchain platform that combines secure hardware to provide global cryptographic state, memory access, and data flow. Its architecture enables developers to build more private and secure decentralized applications (DApps) for exchanges, lending platforms, auctions, stablecoins, token issuance platforms, and more. Seismic re-architects the blockchain technology stack with secure enclaves to provide data protection and privacy for the next generation of applications.

Fortytwo Network (Pre-seed round, $2.3 million)

Investors: Big Brain Holdings, CMT Digital, Escape Velocity, Chorus One, Mentat Group, Comfy Capital, Santiago R. Santos, Keone Hon, Paul Taylor

Fortytwo is a decentralized AI network that uses swarm intelligence to connect consumer devices running small AI models. This approach enables large-scale, low-cost AI inference without relying on centralized data centers. Users can run nodes on their personal computers, contribute computing power, help build a global AI infrastructure, and enhance the intelligence of the entire network.

Sati (Pre-seed, $600,000)

Investors: BitcoinFi, Arcanum Capital, Draper Associates, BoostVC, Don Ricardo Salinas Pliego

Sati is a financial platform dedicated to driving financial inclusion in Latin America by simplifying access to digital currencies. Sati uses a WhatsApp chat interface to allow users to quickly buy, send and receive stablecoins and Bitcoin, greatly improving the efficiency and cost-effectiveness of cross-border transactions.

Sati also supports:

• Lightning Network, which enables low-cost, decentralized Bitcoin transactions;

• Merchant Crypto Payments, which allows companies to accept Bitcoin and stablecoin payments;

• Peer-to-peer transactions, where users can directly use cryptocurrencies to pay, receive, purchase or share assets.

Combinder (Pre-seed round, $500,000)

Investors: Outlier Ventures, 1kx, Moonrock Capital, MN Capital, DGFO (Dr Giesen Family Office)

Combinder is a Decentralized Physical Infrastructure Network (DePIN), whose core concept is to transform home appliances into distributed energy resources (DERs), enabling users to earn rewards by contributing power data and flexibility services, while supporting the construction of global virtual power plants. By connecting devices to Combinder, users can not only monetize their energy resources, but also promote greener energy use.

Other Investment Rounds

Magpie Protocol (Public Funding, $500,000)

Magpie Protocol is a trading execution engine for traders, brokers, and DApp developers. It integrates DEX, DeFi protocols, and cross-chain bridges on 18+ blockchains, optimizing transaction paths to provide better prices and smooth user experience (UX).

August Digital (Series A, $10 million)

Investors: Dragonfly Capital, SCB Limited, 6th Man Ventures (6MV), Foresight Ventures

August Digital is an institutional-grade digital asset management and settlement platform, providing spot trading, derivatives trading, DeFi trading and other services, supporting users to token swaps, staking, liquidity provision and OTC trading on multiple blockchains. In addition, the platform also provides automated loan lifecycle management and risk management tools to help institutions safely expand their lending business, monitor counterparty risk in real time and perform automatic liquidation.

DoubleZero (Funding, $28 million)

Investors: Multicoin Capital, Dragonfly Capital, Foundation Capital, Reciprocal Ventures, DBA, Borderless Capital, AIT Protocol, Frictionless Capital, Anagram, Rubik VC, Crucible Capital, MH Ventures, Standard Crypto, Delphi Digital, Wintermute, GSR Markets LTD, RockawayX, Paper Ventures

DoubleZero is a global distributed system and fiber optic network for blockchains that allows permissionless integration of independent fiber optic links to build a high-performance infrastructure layer, eliminating communication bottlenecks for Layer 1 and Layer 2 blockchains.

Tensorplex Labs (funding amount not disclosed)

Investors: YZi Labs (formerly Binance Labs)

Tensorplex Labs is a Web3 and AI startup that focuses on building the capital and intelligent infrastructure for decentralized AI networks, integrating AI and blockchain technologies, providing an interoperable digital infrastructure for AI development, and seamlessly integrating with DeFi applications.

Validation Cloud ($15M Series A)

Investors: True Global Ventures, Cadenza, Blockchain Founders Fund (BFF), Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, AP Capital

Validation Cloud is a Web3 infrastructure platform that provides compliant, scalable node and staking infrastructure for enterprises entering the Web3 space, serving global networks, developers and asset managers.

Iron Fish (Undisclosed M&A)

Investors: Base

Iron Fish is a decentralized, proof-of-work (PoW)-driven, censorship-resistant, publicly accessible blockchain designed to provide strong privacy protection for every transaction.

Galaxis (Funding, $5 million)

Investors: Bolts Capital

Galaxis is a Singapore-based NFT utility platform that provides code-free tools to help creators launch decentralized communities and NFT collections. It focuses on a simple user experience, allowing creators to easily launch functional NFTs and facilitate secure interactions and value exchange among community members.

iAgent Protocol (Funding, US$3 million)

Investors: Doublejump Tokyo, PG Capital, Q42, IBC Group, Team Alliance, Frekaz Group, Cointribune, Expert Dojo, Alpha Sigma Capital, Lydian, dingaling, Grail eth, Zeneca, Brian D Evans

iAgent allows players to create, own and monetize AI agents, train AI agents through game recordings, and use decentralized GPU computing (DePIN) to create a new blockchain digital asset class.

National Cryptocurrency Association (NCA) ($50 million in grant funding)

Investor: Ripple

NCA (National Cryptocurrency Association) is a registered 501(c)(4) nonprofit organization dedicated to promoting the empowering role of cryptocurrency for individuals and businesses and demonstrating how cryptocurrency can improve the lives of communities through storytelling and educational resources.

Nidum AI (Undisclosed Acquisition Funding)

Investor: bitsCrunch

Nidum AI is a decentralized AI computing platform that allows users to monetize idle computing power or acquire additional computing power for AI training, data processing, gaming, and scientific research. Through blockchain smart contracts, Nidum AI enables secure, transparent, and automated transactions, building a global AI computing ecosystem.

Infrared (Series A, $14 million)

Investors: Framework Ventures, Decima, Rubik VC, Symbolic Capital (formerly Hyperedge Capital), NGC Ventures, No Limit Holdings (NLH), Baboon VC, Auros Global, Animoca Ventures, Halo Capital, CitizenX Crypto Ventures, Selini Capital, StakeStone, ether fi, Origami Finance, Ramen Finance, AlfaDAO, TempleDAO, MIM Spell, Beraborrow

Infrared is the first application of the Proof of Liquidity (PoL) consensus mechanism within the Berachain ecosystem, focusing on redefining liquidity staking. The platform supports BGT staking, provides PoL vaults and BGT native liquidity staking tokens (LST), and provides transaction fees and native token incentives for liquidity providers.

Across Protocol (Funding, $41 million)

Investors: Paradigm, Bain Capital Crypto, Coinbase Ventures, Multicoin Capital, Sina Habibian

Across is a cross-chain bridge for Ethereum, Arbitrum, Optimism, Polygon, Boba and other Layer 1 & Layer 2 networks.

Coral Finance (Angel Round, $3 million)

Investors: Taisu Ventures, Gate Ventures, KuCoin Ventures, Web3Port Labs, Mask Network, Formless Capital

Coral Finance is a decentralized platform that allows users to trade asset tokenization products before the token is officially launched, and provides staking, trading and enhancement mechanisms, allowing users to obtain potential returns in multiple DeFi scenarios.

KeyFi (M&A financing, amount not disclosed)

Investors: One Click

KeyFi is a next-generation DeFi aggregator that provides intelligent DeFi asset management tools, supports portfolio tracking, token swaps, staking and yield prediction, and solves multi-wallet management, cross-platform operations and lack of historical data and other issues.

Staex (financing amount not disclosed)

Investor: MN Capital

Staex is a software platform that connects the Internet of Things (IoT) and Web3.0, providing a Zero-Trust network, allowing IoT devices that cannot run VPN to communicate securely, and providing services such as VPN, DNS, SSL, DNAT and port forwarding.

UniLive (strategic financing, $10 million)

Investor: Airlevate Investment

UniLive is a short video live social platform, combining the Web3 ecosystem, focusing on the fan economy, helping users interact with the audience through creative expression, and creating a stage for content creation and community building.

FastLane Labs (Funding, $6M)

Investors: Figment Capital, DBA, Coinbase Ventures, Robot Ventures, Kiln, Purple, Hashkey Capital, Chorus One

FastLane is a hybrid MEV (maximum extractable value) protocol that optimizes blockchain transactions, reduces transaction spam, and increases validator returns, initially deployed on the Polygon Network.

Dev.fun (Funding undisclosed)

Investors: Colosseum

Dev.fun is a decentralized DApp Launchpad where users can create DApps directly by describing a feature and associate them with Pump.fun tokens to trade or build communities.