Financing Weekly | 29 projects raised $752.2 million

Collated by: Golden Finance

Summary

This week, 29 blockchain startups raised a total of $752.2 million in funding.

The largest funding round this week

Riot received $594.4 million in funding.

Riot is a Texas-based bitcoin mining and hosting company that owns the largest bitcoin mining facility in North America and is a leader in the industry. By emphasizing the integration of currency and energy, Riot Blockchain helps the growth of bitcoin value while promoting progress in energy networks and power generation capabilities.

Pre-seed and Seed Funding Rounds

BitDCA (Littlebit) received $2 million in Pre-seed funding.
BitDCA is a Prague-based platform that simplifies bitcoin savings through its application Littlebit. The application automates bitcoin purchases through the dollar-cost averaging (DCA) strategy, allowing users to easily accumulate bitcoin through daily bank card transactions.

Silencio raises $2.5 million in Seed funding led by Blockchange Ventures*, Borderless Capital, Master Ventures, Blockchain Founders Fund (BFF), Prosper GmbH & Co. KG, and Advanced Blockchain AG.
Silencio is a community-driven network dedicated to addressing noise pollution by incentivizing users to provide hyperlocal noise data through a free app. As one of the world’s largest citizen science projects, Silencio allows users to share surrounding sound levels, earn rewards, and monetize their data, resulting in more accurate noise maps for industries such as real estate, hospitality, health, insurance, government, and academia, with the ultimate goal of reducing noise pollution and improving quality of life worldwide.

Fraction AI has raised $6 million in pre-seed funding led by The Spartan Group*, Symbolic Capital (formerly Hyperedge Capital)*, Borderless Capital, Anagram, Foresight Ventures, PAKA, MH Ventures, Karatage, Cogitent Ventures, Generative Ventures, Oak Grove Ventures, Mask Network, Next Web Capital, Kosmos Ventures, Builder Capital, Sandeep Nailwal, and Illia Polosukhin.
Fraction AI is a decentralized platform that leverages blockchain technology to create high-quality annotated datasets for training AI models. By combining human intelligence and autonomous agents, the platform supports submission, annotation, and verification of multiple types of data (including text, images, audio, and video), and ensures data quality through a reputation-based consensus mechanism. Contributors and validators are incentivized through FRAC tokens, driving community ownership and universal accessibility of datasets.

Promeet Raises $3.1 Million in Pre-seed Funding.
Promeet is a platform that enables content creators to host and monetize live events, performances, and conferences. With secure blockchain payments, creators can charge per view or hourly and earn instant profits. Promeet enables real-time audience interaction and personalized content promotion, helping creators turn content into revenue.

Juicyway Raises $3 Million in Pre-seed Funding, Led by P1 Ventures*, Ventures Platform Fund, Future Africa, Magic Fund, Microtraction.
Juicyway is a financial platform that offers multi-currency accounts, seamless currency conversion, and local or international money transfer services. The platform supports digital assets such as BTC, ETH, and stablecoins, enabling secure trading, earnings, and withdrawals. Juicyway ensures compliance, transparent fees, and provides API integration for global payments.

Other Funding Rounds

DuckChain received $5 million in funding from investors including dao5 (daofive), Offchain Labs, Kenetic, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate Labs, Presto Labs, Camelot and Quantstamp.
DuckChain is the consumer layer of The Open Network (TON), which aims to seamlessly connect TON with the global crypto ecosystem and promote the transformation experience from Web2 to Web3. With the infrastructure of Arbitrum Orbit, it enhances scalability and interoperability, enabling developers to deploy Ethereum-compatible smart contracts in the TON environment. At the same time, DuckChain launched the Initial Star Offering (ISO) to expand its Web3 capabilities by tokenizing Telegram star users.

Beam received $250,000 in funding from DWF Labs.
Beam is a blockchain-based gaming ecosystem running on the Avalanche network, providing tools for game developers, enabling seamless Web3 integration, and a community-centric platform for players.

CELL Studio (UTXO Stack) Raises Undisclosed Amount in Series A Funding from UTXO Management, CMS Holdings, and PAKA.
UTXO Stack is a modular Bitcoin Layer 2 blockchain startup platform developed by CELL Studio that enables developers to create high-performance, scalable parallel chains with Turing-complete smart contracts. It ensures network security through Bitcoin Layer 1 asset staking such as BTC and CKB, while supporting the development of the Bitcoin ecosystem and Layer 2 solutions.

Kettle Raises $4M in Funding from Investors including ParaFi Capital*, Zee Prime Capital, Kronos Research, Signum Capital, IOSG Ventures, Puzzle Ventures, OSF, and Gmoney.
Kettle is a peer-to-peer marketplace for luxury watches, trading based on the full financial value of the watch. The platform provides global 24/7 access to trade, ensuring that all watches are authenticated, insured, and securely stored in the Kettle Vault in New York, providing collectors with a seamless and trusted trading experience.

Flock secures $3M in strategic funding from Digital Currency Group (DCG)*, Lightspeed Faction, Animoca Brands, Fenbushi Capital, Gnosis DAO, Bas1s Ventures, A41, and GSR Markets LTD.
Flock is developing a privacy-preserving decentralized machine learning platform that leverages federated learning. Its goal is to introduce competitiveness in the field of machine learning and advance decentralized AI in a community-driven way through open leaderboards and sponsored training tasks.

Derive (ex Lyra) raises $500K in public sale funding.
Derive is a decentralized protocol for creating programmable on-chain options, perpetual contracts, and structured financial products. It is based on Derive L2, an Ethereum rollup built on the OP Stack and governed by a DAO. The protocol has a modular architecture that supports flexible upgrades while using subaccounts, assets, and managers to optimize trade execution, risk management, and liquidity.

Plume Network Raises $20M in Funding from Brevan Howard Digital*, HAUN Ventures*, Lightspeed Faction*, and Galaxy Digital*.
Plume Network is a public blockchain designed for scaling real-world assets (RWAs), providing a full-stack infrastructure to enable compliant deployments across any asset class. It supports activities such as yield earning, lending trading, and leveraged speculation, while integrating compliance measures such as KYC and AML.

Lens Protocol raised $31 million in strategic funding from Lightspeed Faction*, Avail, Alchemy Ventures, Circle Ventures, and others.
Lens Protocol is a user-owned Web3 social graph built on the Polygon blockchain that aims to empower creators and enable portability of content and connections.

Masa raised an undisclosed amount in strategic funding from Digital Currency Group (DCG)* and FBG Capital.
Masa is building a decentralized Zk data marketplace and network to provide a privacy-first decentralized Google for the AI ​​era.

Other startups such as Hexagate, StablR, BVNK, and others have also received significant investment in their fields, helping to diversify the development of blockchain technology.

Hexagate raised an undisclosed amount in a mergers and acquisitions (M&A) funding round from Chainalysis.
Hexagate is a Web3 security platform that provides real-time threat prevention and risk analytics to protect digital assets and smart contracts from cyberattacks, hacktivism, and financial risks. Its services are available to protocols, blockchains, asset managers, exchanges, Web3 applications, and wallet providers to prevent financial losses through proactive measures.

StablR Receives Investment from Tether in Undisclosed Round.
StablR is a fintech company that provides an institutional-grade stablecoin platform that allows businesses to create, manage, and redeem Euro-denominated stablecoins (EURR). These stablecoins are fully backed by fiat assets, providing a secure and stable alternative to traditional currencies.

BVNK Raises $50M in Series B Funding from HAUN Ventures, Coinbase Ventures, and Tiger Global.
BVNK is a fintech company that provides stablecoin payment infrastructure, connecting traditional banking systems with blockchain technology to facilitate faster and more efficient global money flows.

Prometheum Raises $20 Million in Funding.
Prometheum is a blockchain platform designed to provide issuance, trading, settlement, and custody services for digital asset securities in compliance with regulatory frameworks. Founded by a group of Wall Street lawyers, the platform aims to connect the traditional financial system with the emerging digital asset market.

Fuel Network Raises $4.5 Million in Public Sale Funding.
Fuel is a Layer 2 scalability technology designed to provide the world's fastest modular execution layer. As the first optimistic rollup on the Ethereum mainnet, it provides powerful capabilities to blockchain developers through parallel transaction execution and the Fuel Virtual Machine.

Oasys Receives Investment from Animoca Brands Japan in an Undisclosed Amount of Funding.
Oasys is a public blockchain designed for gaming with fast transactions, zero fees, and environmentally friendly features. Its unique multi-layer architecture includes a highly scalable first layer and a second layer dedicated to scaling solutions.

Keypom Raises Undisclosed Amount in Mergers & Acquisitions (M&A) Round, Invested by Infinex.
Keypom is a platform that simplifies user onboarding and transactions on the NEAR blockchain. It distributes assets such as NEAR tokens, FTs, and NFTs through customizable links, allowing users to experience decentralized applications without having to pre-own a wallet.

Gasp (ex Mangata Finance) Raises $450,000 in Public Sale Round.
Gasp is a cross-chain transaction protocol designed to enable seamless transfers between Ethereum extension networks such as Arbitrum and Optimism, with plans to expand to other blockchains. As a Layer 2 cross-rollup solution, Gasp leverages escape hatches, zero-knowledge proofs, and decentralized sorters to ensure the security and integrity of user funds.

Omnia Protocol Raises Undisclosed Amount in Funding from ChainGPT Labs, Castrum Capital, and Other Investors.
OMNIA provides secure, private RPC infrastructure for DeFi traders, supporting over 70 blockchain networks, including Ethereum, BSC, and Solana. It addresses challenges such as front-end transactions and MEV mining through frontier protection and real-time transaction streaming, while supporting node operators to earn revenue through performance-based incentives.

Andrena (DAWN) Receives $2.5M in Financing from VanEck.
Andrena is a decentralized wireless internet service provider that revolutionizes broadband access through blockchain technology. It uses the Solana blockchain to provide efficient, low-cost high-speed internet services, especially to provide connectivity solutions for underserved and remote areas.

Bitdrome Receives Undisclosed Amount of Financing from BEVM and Michael Egorov.
Bitdrome Finance is a decentralized exchange (DEX) that uses Curve's next-generation automated market maker (AMM) technology as a liquidity center for the Bitcoin ecosystem, where users can exchange tokens and provide liquidity through Bitdrome's smart contracts.

Mest received an undisclosed amount in a merger and acquisition (M&A) financing round, invested by NFTGo.
Mest is a crypto portfolio management platform that provides accounting, analysis, and personalized insights to help users track holdings, costs, gains, and losses in their multi-wallet and exchange accounts. It also supports cross-chain news updates and cross-chain exchange functions to enhance user experience.

DexCheck AI received an investment from ChainGPT Labs in an undisclosed amount of financing.
DexCheck is an AI-based analytical platform designed to enhance the cryptocurrency and NFT trading experience. It provides real-time data, smart dashboards, and AI-driven insights to help traders make informed decisions. Its core features include token analysis, wallet analysis, and crypto whale tracking, while supporting multiple blockchain networks such as Ethereum, BNB Chain, and Solana.

The financing activities of these startups reflect the continued growth and innovation of the blockchain ecosystem in multiple fields, from decentralized finance (DeFi) to gaming, social media, and data privacy technology.