Biggest Funding Rounds of the Week
HashKey Group closed a $30 million funding round with Gaorong Ventures as the lead investor.
HashKey Group operates a cryptocurrency exchange headquartered in Hong Kong. Its core businesses also include HashKey Capital, a global asset management company focused on blockchain technology and digital asset investments; HashKey Cloud, a leading global blockchain node verification service provider; HashKey Tokenisation, a tokenization service provider; and HashKey NFT, a Web3 Profile Picture (PFP) incubation and community operation service provider.
Seed and Pre-Seed Investment
Kun received an undisclosed amount of seed funding from BAI Capital, GSR Ventures and Hash Global.
KUN is a global digital payment service provider that provides compliant, efficient and secure payment solutions for cross-border trade, overseas enterprises, Web3 businesses and high net worth individuals. With payment licenses and cryptocurrency regulatory frameworks in regions such as Hong Kong, Singapore, the Middle East, and the European Union, KUN solves challenges in cross-border payments by bridging stablecoins and fiat systems.
Teneo (formerly ELOOP) has received $3 million in seed round investment from RockawayX, Borderless Capital, Generative Ventures, Moonrock Capital, CertiK Ventures, Outlier Ventures, X Ventures, Token Ventures, EoT Ventures, MN Capital, Advanced Blockchain AG, Venionaire Web3 and other institutions.
Teneo is a decentralized platform designed to connect real-world data with Web3 applications, focusing on data utilization and tokenization for decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI). By unlocking previously inaccessible data pools such as real-time social media insights and machine-generated data, Teneo enables data providers to monetize their information through $TENEO tokens. The platform offers a range of products including machine data storage and access, community nodes for decentralized data collection, and tokenized services for asset and data collateralization.
DeFi App has raised $2 million in seed funding from Mechanism Capital, DCF Capital Partners, Balaji Srinivasan, and Pentoshi.
DeFi App is a decentralized super app that simplifies DeFi trading and gives users full autonomy over their assets. It enables instant, gas-free, single-click cross-chain swaps, decentralized derivatives trading, and yield opportunities without the need for bridging or KYC checks. By using “full-chain abstraction” and biometric security, DeFi App provides a user-friendly experience for crypto novices and experts alike. The platform supports multi-chain and multi-device access, fusing CeFi and DeFi into a seamless platform to help users efficiently trade, exchange, and manage digital assets.
BitRobot Network (FrodoBots) has raised $6 million in seed funding from Protocol VC, Big Brain Holdings, Fabric Ventures, Zee Prime Capital, Tioga Capital Partners, Sfermion, Permanent Ventures, Stateless Ventures, Nim Network, Solana Ventures, Virtuals Protocol, Anatoly Yakovenko, and Raj Gokal.
BitRobot is a crypto-incentivized platform developed by FrodoBots Lab and Protocol Labs to advance embodied artificial intelligence (AI) research. Built on the Solana blockchain, the platform uses a subnet architecture, with each subnet providing valuable outputs such as computing resources, real-world robot fleets, datasets (both real and synthetic), and AI models for a variety of robotics tasks and modalities. The platform promotes the development of embodied AI by leveraging crypto incentives to foster global collaboration.
Blum has raised $5 million in seed funding from gumi Cryptos Capital (gCC), YZi Labs (formerly Binance Labs), The Spartan Group, No Limit Holdings (NLH), OKX Ventures (formerly OKEx Blockdream Ventures), The Open Platform (TOP), Bitscale Capital, and Wintermute Ventures.
Blum is a hybrid exchange that provides seamless access to centralized exchanges (CEX) and decentralized exchanges (DEX) through a single platform. It supports over 30 blockchains, allowing users to trade without switching networks or paying gas fees for native tokens. Blum also offers a gamified experience through a Telegram mini-app, with features such as AI driver assistance, localized P2P trading, simple derivatives, and unified CEX/DEX trading. It also offers self-management and MPC wallet options.
Partnr (Mirai Labs) raised $4M in seed funding from Mechanism Capital, Oak Grove Ventures, Selini Capital, Rubik VC, Protagonist, Sophon, TON Ventures, Manifold, Bitscale Capital, and Lhava.
Mirai Labs is a Web3 gaming and AI studio known for Pegaxy, a blockchain-based horse racing game. The company is developing Partnr, a crypto-powered AI agent that automatically manages wallets and on-chain transactions while adapting to user preferences. Partnr includes Partnr Chat (AI-driven interactions) and Partnr Vaults (secure on-chain execution).
Whetstone Research raised $1.3M in pre-seed funding from Variant Fund, Nascent, Credibly Neutral, Uniswap Labs Ventures, Ambush Capital, and Figment.
Whetstone Research is a company dedicated to developing new protocols to drive on-chain markets. Its initial product, Doppler, is a liquidity bootstrapping protocol built on the Uniswap ecosystem, designed to enhance price discovery and liquidity efficiency. In addition, they have developed Pure Markets, a DeFi front-end application that runs on Doppler.
InfiniFi Received $3 million in pre-seed investment from Electric Capital, New Form Capital, Kraynos Capital, Baboon VC, DeFiDad, and Sam Kazemian.
InfiniFi is a depositor-driven DeFi system that aims to solve the maturity gap problem in traditional banks. It allows users to choose liquidity or higher returns by automating fund allocation by locking funds in assets such as Pendle and Ethena. The system enhances stability, transparency, and yield optimization through blockchain technology.
Drosera Receives $3.3M Seed Round Investment from Greenfield Capital, Anagram, Paper Ventures, Arrington Capital, UDHC, and Pulsar.
Drosera is a decentralized incident response protocol that responds to and mitigates vulnerabilities by leveraging hidden security intent. As a security marketplace, Drosera allows protocols to set “traps” that are defined by smart contracts and kept offline to hide security intent, while Drosera operators perform on-chain emergency responses after consensus is reached.
Other Investment Rounds
Mango Network Raised $13.5M in a round of funding from Ainfra Ventures, KuCoin Ventures, Tido Capital, Connectico Capital, Becker Ventures, T-Fund, Mobile Capital, and CatcherVC.
Mango Network is a Layer 1 blockchain platform that aims to solve challenges in Web3 applications by combining EVM and MoveVM compatibility. It aims to provide secure, modular and high-performance infrastructure for developers and users.
GamerBoom raised $9 million in a round of funding from Nvidia, Solana Foundation, Bing Ventures, Mask Network, Digital Finance Group (DFG), Jsquare, Sky Ventures.
GamerBoom is an incentive layer and data mining protocol built with an AI-driven data annotation system, aiming to drive a revolution in gaming culture and economy in mainstream Web2 games, empowering players to control their digital lives.
Juventus Football Club raised an undisclosed amount in a round of funding from Tether.
Juventus Football Club (Juventus) is a professional football club based in Turin, Italy. Founded in 1897, it has become one of the most successful and historic football clubs in the world. The club has won several national and international awards, including multiple Serie A titles, the Coppa Italia and the UEFA Champions League. With its rich history, iconic black and white striped jerseys and a strong global fan base, Juventus continues to dominate Italian and European football.
Yield Guild Games has raised an undisclosed amount in a round of funding from Gam3Girl Ventures.
Yield Guild Games is a decentralized gaming guild focused on investing in NFTs in blockchain games and virtual world economies.
Fireverse raised $2.5 million in a Series A funding round from Nobody, T-Fund, BingX Labs, Gate Labs, Chain Capital, TCC Capital, Central Research, and Stratified Capital.
Fireverse is an AI-driven music creation platform that helps users create, market, and monetize music through Web3.0 business models. The platform provides one-click AI music processing tools that make it easy for amateur and professional musicians to produce high-quality works. Fireverse also provides features such as gamification, event building, and blockchain-based copyright protection to enhance user engagement and ensure the security of creative works.
Plasma raised $24 million in a round of funding from Framework Ventures, Bitfinex, Peter Thiel, and Paolo Ardoino.
Plasma is a high-throughput zero-fee payment platform based on Bitcoin, supporting over 1,000 transactions per second, leveraging the security of Bitcoin. Plasma introduces a novel Nakamoto PoS consensus mechanism and hybrid UTXO/account architecture, allowing developers to build and execute modular smart contracts. The platform aims to increase Bitcoin's utility in payments and decentralized applications, providing a scalable, low-latency solution.
Catalyst Raised an Undisclosed Amount in an M&A Funding Round from LI FI.
Catalyst is an open-source liquidity protocol designed to connect modular blockchains, enabling seamless exchange of assets between different chains. Developed by Cata Labs, Catalyst is committed to creating a borderless Web3 environment where users can exchange assets on the chain they are on. The protocol supports atomic swaps of native assets across chains, improving the efficiency and security of cross-chain transactions.
DeFi App Raises $2M in Public Sale Round.
DeFi App is a decentralized super app that simplifies DeFi trading, ensuring full self-custody of assets. It enables instant, gas-free, one-click cross-chain swaps, decentralized derivatives trading, and yield opportunities without the need for bridging or KYC checks. With “full-chain abstraction” and biometric security, DeFi App provides a friendly experience for both newbies and experts. It is accessible across multiple blockchains and devices, blending CeFi and DeFi to provide a seamless digital asset trading and management platform.
Soter Insure Raised an undisclosed amount in Series A funding from Galaxy Digital, Karatage, Token Bay Capital, Brevan Howard Digital, and Pharsalus Capital.
Soter Insure provides institutional-grade Web3 insurance covering operational risk, asset theft, and smart contract failures. It offers D&O, E&O, Specie & Crime, and Tech PI insurance, protecting businesses from negligence, security breaches, and financial losses.
BitRobot Network (FrodoBots) Raised $2M in a Round of Funding from FrodoBots Lab and Protocol Labs.
BitRobot is a crypto-incentivized platform developed by FrodoBots Lab and Protocol Labs to advance embodied artificial intelligence (AI) research. Built on the Solana blockchain, the platform utilizes a subnet architecture, with each subnet providing valuable outputs such as compute resources, real-world robot fleets, datasets (real and synthetic), and AI models across a variety of robotic tasks and modalities. The platform aims to foster global collaboration and advance embodied AI through crypto-incentives.
StakeStone raised $10 million in a round of funding from BingX Labs.
StakeStone is a decentralized protocol that provides scalable yield optimization services for Ethereum stakers. It uses STONE, a non-rebase token, to represent staked ETH and provides competitive yields on multiple blockchains through decentralized portfolio optimization. StakeStone supports cross-chain compatibility and multi-scenario adaptation, enabling users to maximize capital efficiency through real-time yield generation.
Mintify raised an undisclosed amount in a round of funding from Redacted Coin.
Mintify is an NFT multi-chain aggregator, analytics platform, and trading terminal designed to deploy complex NFT investment strategies.
Magically has raised an undisclosed amount in an M&A funding round from Mintify.
Magically is a marketplace for professional analytical tools for digital assets, providing advanced tools and insights to traders and collectors.
Ape Pro has raised an undisclosed amount in an M&A funding round from Jupiter.
Ape Pro is a memecoin trading terminal on Solana that provides traders with advanced tools and an optimized mobile experience. With features such as seamless social login, MEV-secured swaps, real-time market data, and customizable token push, it aims to enhance the trading of memecoins within the Solana ecosystem.
Aurus has raised an undisclosed amount in an M&A funding round from KEYDifference.
Aurus is a blockchain platform that offers digital assets backed by physical gold (tGOLD), silver (tSILVER), and platinum (tPLATINUM). All of these tokens are stored in insured and audited vaults, allowing users to invest and use precious metals in a secure and transparent manner in the Web3 ecosystem. Aurus also offers an ecosystem token, $AURUS, with a buyback and burn mechanism to increase the value and liquidity of the token. The platform supports a variety of applications, including DeFi solutions, gold-backed NFTs, and gaming experiences, combining traditional assets with modern blockchain technology.
Bidask Protocol raised an undisclosed amount in a funding round from DWF Labs.
Bidask Protocol is the first centralized liquidity market maker (CLMM) based on the TON blockchain, leveraging the FunC programming language. It enables liquidity providers to allocate assets within a specific price range, thereby improving capital efficiency and reducing trading slippage. The platform provides tools to monitor and analyze liquidity pools in real time, and users can define price ranges and choose liquidity allocation strategies to optimize trading results.
EstateX raised an undisclosed amount in a round of funding from GD10 Capital.
EstateX is a platform that democratizes real estate investment through asset tokenization, allowing individuals to invest in real estate assets with a lower minimum investment and higher liquidity. The platform offers a comprehensive ecosystem including EstateX Pay, for spending real estate investments as cash; PropXChange, for trading real estate tokens; and EstateX University, which provides educational resources for users.
Legend raised $15 million in a round of funding from Andreessen Horowitz (a16z crypto) and Coinbase Ventures.
Legend is a platform that provides embedded smart wallets with native support for multiple protocols and EVM-compatible blockchains. It emphasizes user control, ensuring that users have full control over their private keys and crypto assets.
ZenGo raised an undisclosed amount in a funding round from Tether, Insight Partners, Benson Oak Ventures, Elron Ventures, and Anatoly Yakovenko.
ZenGo is a self-custodial crypto wallet that uses MPC technology to provide enhanced security, eliminating the risk of seed phrases. It supports more than 380 assets, provides 3D facial recognition and 3FA recovery features, and allows users to securely trade, buy, and store cryptocurrencies.
Fere AI raised an undisclosed amount in a funding round from Morningstar Ventures.
FereAI is an AI-driven platform that provides autonomous agents for real-time cryptocurrency research and trading. Its suite includes Fere Pro (market analytics), Market Pulse Agent (social sentiment insights), Yield Agent (automated yield farming), and Telegram Agent (24/7 social media monitoring). These agents analyze data from over 1,000 sources, revealing hidden opportunities and optimizing investment strategies. In partnership with AIxBlock, FereAI advances its AI models and data processing workflows, ensuring secure and efficient operations.
WalletConnect (Reown) Raised $4M in Public Sale Round.
Reown is an on-chain user experience (UX) platform that built the WalletConnect Network. WalletConnect is an on-chain UX ecosystem that makes connections between wallets, decentralized applications (dApps), and users seamless. The platform launched the WalletConnect Token (WCT) to secure the network through staking, rewards, fees, and governance. Additionally, WalletConnect offers WalletGuide, an on-chain directory of wallets that adhere to high UX security standards and functionality.
TaoFi raised an undisclosed amount in a strategic funding round from Digital Currency Group (DCG), Pantera Capital, Taostats, Lyrik Ventures, and Sami Kassab.
TaoFi is a decentralized AI infrastructure layer built on Bittensor. It integrates TAO-backed stablecoins, decentralized exchanges, and liquidity staking solutions, unlocking new financial uses for the deAI ecosystem. Backed by DCG, TaoFi aims to enhance liquidity and expand DeFi capabilities within Bittensor.
World Liberty Financial raised an undisclosed amount in a funding round from Oddiyana Ventures.
World Liberty Financial is a decentralized platform that enables users to seamlessly earn and borrow cryptocurrencies. It combines DeFi lending protocols and rewards, allowing users to maximize asset utility in the Web3 ecosystem while earning competitive yields.
Cabal raised $3M in a round of funding from Hack VC, Delphi Ventures, Nascent, CitizenX Crypto Ventures, DCF God, Daryl Lau, Darren Lau, Ajit Tripathi, and Nick Chong.
Cabal is a yield-generating protocol built on Initia Layer 1 that aims to accumulate governance rights and reward VIP users. It enables users to deposit INIT and Enshrined liquidity positions in exchange for liquid, income-generating assets, enhancing participation and rewards within the Initia ecosystem.
AMMO has raised an undisclosed amount in a funding round from Samsung Next.
AMMO (Architectures for Massive Multiagent Online) is an AI-powered multi-agent ecosystem founded by former Google, DeepMind, and Meta leaders. It enables users to have personal AI agents (“user companions”) for learning, investment, and personal growth. AMMO leverages massive agent factories, a composable embedding space (MetaSpace), and reinforcement learning with human feedback (RLHF) to ensure aligned evolution of AI.
Phlo Systems Ltd has raised an undisclosed amount in a funding round from R.J. O'Brien & Associates (RJO).
Phlo Systems is a trade technology company focused on providing software-as-a-service (SaaS) solutions to digitize and simplify international trade operations. With the help of artificial intelligence (AI) and machine learning (ML), the company offers products like opsPhlo, tradePhlo and finPhlo to improve customs compliance, risk management, enterprise resource planning (ERP) and trade finance management. Its platform aims to make trade processes more efficient, traceable, sustainable and secure.
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