Financing Weekly | 27 projects raised $160.7 million

Compiled by Golden Finance

The biggest round of financing this week

Blockaid has completed a $50 million Series B financing round with support from Ribbit Capital, Google Ventures (GV), Variant Fund and Cyberstarts.

Blockaid is a Web3 cybersecurity company that provides security tools designed to prevent malicious transactions, thereby protecting Web3 users from the threat of scams, phishing and hacker attacks. Their main goal is to strengthen the security of the Web3 ecosystem and protect users from potential cyber attacks.

Pre-seed and Seed investment rounds: Infinity Ground has completed a $2 million seed round of financing, with investors including Animoca Brands, MARBLEX Corp., MH Ventures, Frachtis, KuCoin Ventures, KnightFury, Presto Labs, PAKA.

Infinity Ground is a Web3-native smart IDE and AI-driven gaming platform where users can create, play and monetize interactive experiences using a modular Intelligent Development Kit (IDK). It is powered by the proprietary ING Network and Initia's Interwoven Stack, supporting multi-chain interoperability across Base, BNB Chain and Kaia, driving AI-driven innovation in applications and games.

AMMO has completed a $2.5 million pre-seed financing round, with investors including Amber Group, Samsung Next, Dispersion Capital, and Openspace Ventures.

AMMO (Massive Multiagent Online Architecture) is an AI-driven multi-agent ecosystem founded by former leaders from Google, DeepMind, and Meta. It allows users to own personal AI agents ("user partners") for learning, investment, and personal growth. AMMO uses giant agent factories, a composable embedding space for AI interactions (MetaSpace), and reinforcement learning from human feedback (RLHF) to ensure the aligned evolution of AI.

Primus Labs (formerly Pado) has completed a $6.5 million seed round of financing from investors including Dispersion Capital, Symbolic Capital (formerly Hyperedge Capital), VanEck, Samsung Next, Alchemy Ventures, Maelstrom, Welara, Blockchain Builders Fund (BBF), Modular Capital, Karatage, Initial Ventures, Mozaik Capital, Arweave SCP Ventures, Legend Star, Amber Group, SNZ Holding, Hash Global.

Primus Labs (formerly PADO) is a crypto infrastructure platform dedicated to enhancing data interoperability between Web2 and Web3 systems. By leveraging advanced cryptographic techniques such as zero-knowledge transport layer security (zkTLS) and zero-knowledge fully homomorphic encryption (zkFHE), Primus enables secure, permissionless data verification and computation. This approach enables developers to seamlessly integrate off-chain data with blockchain and AI applications, ensuring the authenticity and privacy of data without exposing sensitive information.

Dojo Coding has completed Pre-seed financing, with Redline Lab as the investor.

Dojo Coding is a Latin American Web3 developer training and incubation platform dedicated to developing local talents into world-class blockchain engineers and entrepreneurs. Through a structured three-step plan, Dojo Coding provides cutting-edge technical education, real-world project experience, and a vibrant community to support developers to achieve their greatest potential.

Cygnus has completed $20 million in Pre-seed financing, with investors including Manifold, OKX Ventures (formerly OKEx Blockdream Ventures), Mirana Ventures, Optimism Foundation, UpHonest Capital, G20 Group, eGirl Capital, CL207.

Cygnus is the first modular real yield layer that connects non-EVM systems like TON with the EVM ecosystem. Its Liquidity Verification System (LVS) ensures liquidity while providing staking income, LVS fees, and incentives. In addition, Cygnus Finance provides stablecoin lending and leveraged trading backed by real assets such as U.S. Treasuries.

Fluent Labs has completed an $8 million seed round of financing from investors including Polychain Capital, Primitive, MH Ventures, dao5 (daofive), Symbolic Capital (formerly Hyperedge Capital), Builder Capital, Nomad Capital, Public Works, The Rollup Ventures, Balaji Srinivasan, Mustafa Al-Bassam, Jason Yanowitz, Santiago R. Santos, dingaling, Will Price, Cristian Manea.

Fluent is an Ethereum Layer 2 network and development framework that unifies multiple virtual machines (VMs) including the Ethereum Virtual Machine (EVM), Solana Virtual Machine (SVM), and WebAssembly (Wasm) into a single execution environment. Through this "hybrid execution", it enables seamless interoperability and atomic composability between smart contracts, allowing developers to build more expressive and versatile decentralized applications (dApps) using different languages ​​​​(such as Solidity, Vyper, and Rust).

Mansa has completed a $3 million pre-seed financing, with investors including Tether, Polymorphic Capital, Octerra Capital, Faculty Group, and TRIVE Ventures.

Mansa Finance is a DeFi platform headquartered in Dubai and focusing on the African market, providing liquidity solutions for cross-border payment companies. By obtaining liquidity from DeFi platforms, hedge funds, and family offices, Mansa enables instant transaction settlement and flexible pre-financing. With an eye on compliance and regulatory supervision, Mansa aims to develop into a comprehensive on-chain payment and foreign exchange solution for emerging markets.

Altius has completed $11 million in pre-seed financing, with investors including Founders Fund, Pantera Capital, Archetype, Reforge, Digital Currency Group (DCG), No Limit Holdings (NLH), and Amber Group.

Altius is a blockchain infrastructure company that improves performance by providing a VM-independent modular execution layer compatible with any blockchain. Its technology enables efficient on-chain execution, achieves Web2-like efficiency, and promotes multi-chain interoperability.

Fomo has completed $2 million in pre-seed financing from investors including Raj Gokal, Balaji Srinivasan, Bryan Pellegrino, Marc Boiron, Jordi Alexander, Henri Stern, Paul Veradittakit, Viktor Bunin, Jae Chung, Joshua Lim, Shiliang Tang, Bluefin (formerly Firefly, dTrade), Smokey The Bera, Roshun Patel, Aaron Harris, Paul Kim, Alexander Pack.

Fomo is an on-chain trading platform built by a team of experienced operators and engineers from companies such as dYdX, Uniswap, OpenSea, Square and Two Sigma. FOMO aims to provide a seamless trading experience and is ahead of its public launch with advanced features.

Maestro closed a $3 million seed round with investors including Wave Digital Assets, Draper Associates, UTXO Management, Bitcoin Frontier Fund, Draper Dragon, and Necto Labs.

Maestro is a Web3 development platform tailored for UTXO-based blockchains such as Bitcoin, Cardano, and Dogecoin. It provides advanced UTXO indexing infrastructure, enterprise-grade APIs, and developer tools to simplify the creation and scaling of decentralized applications (dApps). Maestro's services cover blockchain data access, transaction management, market data feeds, and managed smart contract markets, helping developers build powerful DeFi protocols, NFT marketplaces, and more.

Other Investment Rounds

DEXX closed an undisclosed amount of funding from Gate Labs.

DEXX is an on-chain token trading terminal designed for memecoin and DeFi trading. It integrates precise data analysis, smart wallet monitoring and advanced trading strategies, including mobile profit/loss tracking, limit orders and stop loss functions, to provide users with a CEX-like decentralized trading experience.

Knidos Labs has completed financing from Avalanche, Avalanche Foundation and Emin Gün Sirer, and the specific amount is not disclosed.

Knidos Labs is a blockchain innovation studio dedicated to enhancing decentralization and improving validator returns through the Node-Fi platform. Node-Fi transforms the traditional staking system into a dynamic, gamified system that provides higher returns and a stronger sense of participation. By bridging the funding and node management layers, Knidos provides a trustless liquidity center and a decentralized physical infrastructure network (DePIN) operator market. This approach decentralizes blockchain consensus and activates dormant capital, enabling more people to participate in node management.

Acre has completed a $4 million strategic financing round, with investors including Draper Dragon, Big Brain Holdings, and Orange DAO.

Acre is a decentralized finance (DeFi) protocol that enables Bitcoin holders to earn yield on their assets by providing liquidity to the Bitcoin Layer 2 network and other decentralized protocols. Users deposit BTC into Acre, which is then tokenized into tBTC on the Ethereum network. These tBTC are deployed to different protocols to create passive income for depositors.

Aura Network has completed a financing round invested by FPT Corporation for an undisclosed amount.

Aura Network is a high-performance Layer 1 blockchain ecosystem designed to facilitate the tokenization of real-world assets (RWA) across enterprise, entertainment, and government sectors. Aura Network leverages a modular architecture based on the Cosmos SDK to ensure scalability, security, and decentralization for seamless integration and management of digital assets. The platform provides an Asset Identity Protocol (AIP) for secure verification and transparent ownership, facilitating trust and compliance in the tokenization of RWA.

Universal Protocol closed $9M in funding from investors including Andreessen Horowitz (a16z crypto), Coinbase Ventures, Four Cities Capital, Data Tech Fund.

Universal is a wrapped asset protocol that allows any token to be traded on any blockchain, enhancing liquidity and accessibility. By simplifying the availability of cross-chain assets, it aims to create a seamlessly interconnected crypto ecosystem, similar to Wrapped Bitcoin (WBTC), but for all assets.

Form Network closed $306.5K in public sales.

Form Network is a high-speed, low-cost Ethereum Layer 2 (L2) blockchain designed to advance the SocialFi ecosystem. Form leverages the OP Stack and integrates Celestia's modular data availability layer. The network provides seamless interoperability, allowing developers to deploy SocialFi applications across multiple decentralized finance (DeFi) and social platforms, where tokens operate as ERC-20 assets. Form's ecosystem includes partnerships with platforms such as Roll Fun and Curves, allowing users to mint and trade social tokens, and distributing native tokens such as FORM through programs such as the Form Mediation Campaign.

**Nil Foundation (=nil; Foundation)** Closes $600,000 in Public Sale.

=nil; Foundation is an Ethereum Layer 2 (L2) network that uses zkSharding technology. It combines the scalability of application-specific chains (appchains) with the composability of monolithic chains, allowing developers to efficiently build and scale decentralized applications (dApps). The platform provides reduced transaction fees, on-demand horizontal scaling (through parallel transaction execution across shards), and enhanced security through a three-layer zero-knowledge verification method by reducing network congestion and optimizing resource usage.

ResearchHub Closes $2 Million in Funding from BoostVC.

ResearchHub is a tokenized social network that incentivizes scientists to publicly share academic content by rewarding them with ResearchCoin (RSC) cryptocurrency. The platform provides collaboration and publishing tools to promote cooperation, feedback, and knowledge sharing among researchers. By earning RSC, users can create bounties to incentivize other scientists to complete research-related tasks, promoting a platform where valuable contributions are recognized and rewarded in the global scientific community.

**WalletConnect (Reown)** Completed $4 Million in Public Sale Financing.

Reown is an on-chain user experience (UX) platform and builder of the WalletConnect network. WalletConnect is an on-chain user experience (UX) ecosystem that facilitates seamless connections between wallets, decentralized applications (dApps), and users. The platform launched the WalletConnect Token (WCT) to secure the network through staking, rewards, fees, and governance. In addition, WalletConnect also offers WalletGuide, an on-chain wallet directory that meets high UX standards.

Yield Basis Completed $5 Million in Financing.

Developed by Curve Finance founder Michael Egorov, Yield Basis is an AMM-based DeFi protocol designed to eliminate impermanent loss for liquidity providers. It optimizes liquidity positions by using 2x leveraged crvUSD, potentially increasing returns for BTC and ETH holders while maintaining sustainability. Liquidity positions are tokenized into yield assets like ybBTC and ybETH, allowing staking to earn additional rewards.

**Forkast (Community Gaming)** Completes $100,000 in Public Sale.

Forkast is an on-chain prediction market platform tailored for gaming and internet culture. Developed by Community Gaming, it allows users to create and participate in prediction markets on topics such as gaming trends, memes, and Web3 assets. The platform is powered by $CGX tokens, which serve as the primary currency for competition participation and rewards.

Academic Labs Completes Undisclosed Funding from Victus Capital.

Academic Labs is an innovative platform that uses blockchain, NFTs, and AI to revolutionize education, with a focus on English language proficiency and blockchain knowledge and programming. It aims to create a decentralized and immersive learning environment, facilitate the transition from Web 2.0 to Web 3.0, and ensure that everyone has fair access to quality educational resources.

Kinto has completed a $20 million financing round, with investors from Brevan Howard Digital.

Kinto is a Layer-2 solution on Ethereum that provides secure and insured financial services. It adopts a non-custodial, transparent, and permissionless approach, and is governed by a two-tier system elected by the community. Kinto combines traditional finance and decentralized finance, providing KYC while still retaining the advantages of DeFi. The platform ensures the safety of users through KYC, insurance, and blockchain-level anti-money laundering and fraud monitoring.

RICH: Research Integrity Chain has completed a $50K financing round invested by Mykola Paliienko.

Research Integrity Chain (RICH) is a blockchain-based platform designed to protect the authenticity and integrity of scientific research. By creating an immutable, time-stamped chain for each research stage, RICH ensures that data and research results are immutable and verifiable. Researchers can register their work, collaborate with peers, and share their research chains, providing transparent proof of authorship and research history. The platform offers different levels of subscription plans to suit individual researchers and teams, with features such as data negligence protection and prevention of plagiarism.

Mu Digital Closes $600,000 in Public Sale.

Mu Digital is a Monad-based Real World Asset (RWA) platform that enables Asian companies to obtain USD financing through cryptocurrencies while providing tokenized yield products for global stablecoin holders. It connects Asian businesses with global crypto liquidity, providing real yields backed by real-world commerce.

Mansa Closes $7 Million in Funding from Undisclosed Investors.

Mansa Finance is a Dubai-based, Africa-focused DeFi platform that provides liquidity solutions for cross-border payment companies. It enables instant transaction settlement and flexible pre-financing by obtaining liquidity from DeFi platforms, hedge funds, and family offices. Mansa focuses on compliance and regulatory oversight and aims to develop into a company that provides comprehensive on-chain payment and foreign exchange solutions for emerging markets.