Compiled by: Golden Finance
This week, 21 blockchain startups raised $399.7 million in funding. The largest round of financing was Babylon, which raised $200 million. Three projects received seed and pre-seed investment, and 17 projects received other rounds of investment.
The largest financing this week
1. Nexus Laboratories
Nexus Laboratories raised $25 million in a round of Series A financing, with investors including Lightspeed, Pantera Capital, Lightspeed Faction, Dragonfly Capital and Blockchain Builders Fund (BBF).
About Nexus Laboratories
Nexus is a groundbreaking zero-knowledge virtual machine (zkVM) designed to enable large-scale verifiable computing. Developed specifically to support Rust programs, Nexus zkVM uses advanced cryptographic techniques to generate efficient incremental verifiable computation (IVC). This open source, modular and extensible system optimizes prover performance and supports customized computations. Nexus aims to transform digital interactions by prioritizing correctness, transparency and security, making large-scale verifiable computing more accessible and efficient.
Pre-seed and Seed Rounds
2. Optopia
Optopia raised an undisclosed amount in a seed round, with investors including G Ventures, KuCoin Ventures, JRR Capital, Klein Labs, and MrBlock.
About Optopia
Optopia is an AI-driven intent-centric second-layer network that supports permissionless intent creation and uses a token economic model to drive AI agents to execute these intents. It aims to simplify Web3 operations, lower the barrier for users to enter the Web3 industry, and enable AI agents to realize the full potential of Web3. Based on Op Stack and maintaining 100% EVM compatibility, Optopia provides a cost-effective, efficient and secure base ledger for AI-driven Web3 transactions.
3. Codatta
Codatta raised $2.5 million in a seed round of funding from investors including OKX Ventures (formerly OKEx Blockdream Ventures), Comma3 Ventures, Mask Network, Oak Grove Ventures, Paramita, Web3Port Labs, Cryptogram Venture (CGV), CatcherVC, Fibo Partners, GoPlus Security and zCloak Network.
About Codatta
Codatta is a decentralized data protocol that aims to create a powerful data infrastructure for developers and protocols. It focuses on building a permissionless data contributor network, ensuring high-quality data, and supporting applications and protocols that leverage machine learning or artificial intelligence. The protocol aims to provide scientifically credible data solutions for the evolving technology field.
4. Nexus Network
Nexus Network raised $1 million in the Pre-seed round of financing from Hashed Emergent*, Mask Network, BreakOrbit, FounderHeads VC, CoinIX Capital, and Ajit Tripathi.
About Nexus Network
Nexus Network provides non-custodial staking middleware for Ethereum rollups, enabling them to stake ETH locked in their bridges and earn stable returns. By leveraging distributed validator technology (DVT) and distributed key generation (DKG), Nexus Network enhances security by minimizing validator centralization and ensuring that no single entity has the complete validator key.
5.Kima
Kima raised $5 million in Pre-seed funding from Blockchange Ventures, FinSec Innovation Lab, Outlier Ventures, Big Brain Holdings, Castrum Capital, Kangaroo Capital, and Maven Capital.
About Kima
Kima is a fintech company dedicated to solving the interoperability problem of DeFi. Its universal liquidity protocol for all dApps unites decentralized blockchains and assets to create a new financial reality.
6.Skytopia
Skytopia raised $2.4 million in seed funding from Vertex Labs UK*, SuperChain Capital*, Boyaa, and Initiate Capital.
About Skytopia
Skytopia is a Web3 entertainment brand that blends games, animation, and novels to create an immersive metaverse. Users can explore a fantasy world, own and trade game assets, and use powerful content creation tools to enhance their experience. With rich social features, Skytopia aims to break down the barriers between creators and consumers and cultivate a vibrant, interactive digital community.
7.Qiro Finance
Qiro Finance raised $1.2 million in a Pre-seed round of funding from Alliance DAO (formerly DeFi Alliance)*, Druid Ventures, Escape Velocity, Trident Digital, and CMT Digital.
About Qiro Finance
Qiro is an institutional-grade private credit protocol that leverages DeFi infrastructure to connect stablecoin investors with emerging market asset originators to facilitate fixed income opportunities. By tokenizing real-world assets (RWAs), Qiro aims to make illiquid assets more liquid and accessible, creating a transparent on-chain credit infrastructure. The protocol includes smart contracts for asset securitization, private credit markets, and a distributed credit underwriting network for efficient risk management.
8.Symbiotic
Symbiotic raised $5.8 million from Paradigm and Cyber Fund in a seed round.
About Symbiotic
Symbiotic is a shared security protocol that provides a flexible, permissionless coordination layer that allows network builders to control and adjust their own (re)collateralization implementations. Symbiotic's components include collateral management, collateral libraries, operators, resolvers, and network integrations, creating a comprehensive framework for decentralized economic security.
9. Repo Swap
Repo Swap raised an undisclosed amount of funding from QCP Capital*, ZK Prime Capital, and XLink Ventures in its seed round.
About Repo Swap
Reposwap is a decentralized finance (DeFi) platform focused on solving challenges such as unfair token distribution, high fees, and limited liquidity. It features multi-chain compatibility, fixed exchange pools, community governance, and anti-whale measures, among which the $REPX token provides governance rights, staking rewards, and fee discounts. Backed by an experienced team, Reposwap aims to create a fair and transparent ecosystem that empowers users and promotes the growth of decentralized finance.
10.Ava Protocol
Ava Protocol (formerly OAK Network) raised $4.5 million in seed funding from Electric Capital, Taisu Ventures, Bloccelerate, BingX Exchange, and Shima Capital.
About Ava Protocol
Ava Protocol is an intent-based Eigenlayer AVS that facilitates private autonomous transactions in diverse use cases such as DeFi, NFTs, and games. It uses an event-driven execution model to trigger cross-chain transactions based on signals such as time and price changes, enhancing decentralized applications with features such as timed and recurring payments, stop-loss orders, and streaming rewards. This enables developers to easily automate functions on a variety of blockchains, including Ethereum, ensuring efficient and reliable execution without compromising privacy.
11.Unite
Unite (formerly Taki Games) raised $3 million in a seed round with participation from Superlayer*, Coinbase Ventures, OKX Ventures (formerly OKEx Blockdream Ventures), Solana Ventures, Kraken Ventures, Gemini Frontier Fund, Formless Capital, HTX Ventures (formerly Huobi Ventures), CoinDCX, and Digital Currency Group (DCG).
About Unite
Unite is developing the first third-layer blockchain solution for mass-market mobile gaming, targeting the 2.8 billion players in the $90 billion mobile gaming market. The platform enhances the gaming experience for players by integrating in-game monetization capabilities and building a decentralized physical infrastructure (DePin) based on billions of daily active mobile devices.
Other Investment Rounds
12. PrivateAI
PrivateAI raised undisclosed funding in a strategic financing round with participation from DEXTools, DEXT Force Ventures, Gains Associates, Crypto Society, Samara Asset Group, Lunar Digital Assets, Meezan Ventures, Pinnacle Venture Capital, StoneBlock, Charlie Hu and SNOVA Capital.
About PrivateAI
PrivateAI is a peer-to-peer Data as a Service (P2P DaaS) network that enables data owners and producers to upload, showcase and monetize high-quality datasets to potential buyers and users (AI engineers, data analysts and research institutions) in a secure environment. PrivateAI is led by an executive team with multiple successful exits (unicorns) in the web3 and AI space.
13.STAGE
STAGE raised $2.4M in a funding round with participation from Solana Ventures, Kraken Ventures, Castrum Capital, Moonrock Capital, Cogitent Ventures, Gains Associates, Kangaroo Capital, RR2 Capital, Synapse Ventures, and Lavender Capital.
About STAGE
Stage is a platform that is revolutionizing the music industry by combining the excitement of a TV talent show with a gamified, play-and-earn model, leveraging Web3 technology. It enables artists to earn money through early audience growth while letting fans share in their success, enabling both parties to earn real-world assets (RWAs) and interact dynamically. Stage also introduced AI music competitions and on-chain tools, facilitating a new era of interactive and investment-driven music participation.
14.REVOX
REVOX (formerly ReadON) raised undisclosed funding in a funding round participated by SevenX Ventures, Arweave SCP Ventures, Cointelegraph Acceleration, Skyland Ventures, 7UpDAO, and 0x Consulting Group.
About REVOX
REVOX is a platform that revolutionizes the development of decentralized applications by leveraging AI and Large Language Models (LLMs) to create intelligent, agent-based applications. It provides developers with component APIs and diverse data sources to build customized AI agents while maintaining decentralization and flexibility. REVOX also supports scalable on-chain AI reasoning, dynamic Web3 integration, customizable workflows, and incentives for agent developers and compute providers.
15. Nuffle Labs
Nuffle Labs raised $13M in a round of funding from Electric Capital*, Canonical Crypto, Fabric Ventures, Caladan, Robot Ventures, Lyrik Ventures, Near Foundation, BlackDragon VC, DeFiDad, Dovey Wan, Jordi Alexander, Sandeep Nailwal, Sreeram Kannan, and Sam Kazemian.
About Nuffle Labs
Nuffle Labs is an independent company spun out of Pagoda and the NEAR Foundation, focused on improving NEAR’s modular products. Founded by core contributors to NEAR Data Availability (NEAR DA) and NEAR Fast Finality Layer (NFFL), Nuffle Labs aims to advance modular blockchain design, support Ethereum's rollup-centric future, and build a decentralized community. Leveraging technology from the NEAR Protocol, Nuffle Labs provides high-throughput, cost-effective data availability, and fast settlement layers for rollups.
16. Bondex
Bondex raised an undisclosed amount of funding in a funding round participated by Animoca Brands.
About Bondex
Bondex is a Web3 talent marketplace that revolutionizes professional networking by offering gamified and tokenized rewards. With over one million monthly active users, it enables participants to advance their careers, build reputations, and earn rewards through referrals and skill validation. By integrating blockchain technology and a reputation-based system, Bondex ensures fair value distribution and fosters a vibrant ecosystem full of opportunities.
17.Carv
Carv raised an undisclosed amount of funding in a funding round participated by Doublejump Tokyo.
About Carv
Carv is a Web3 identity startup that is developing a Web3 ID solution that combines web2 and web3 game data to create unique user IDs.
18.Layer3
Layer3 raised $15M in Series A funding from ParaFi Capital*, Greenfield Capital*, Electric Capital, Immutable, Lattice Fund, Tioga Capital Partners, LeadBlock Partners, and Amber Group.
About Layer3
Layer3 is a platform that enables anyone to discover web3. The project curates a series of Quests that show users how to use and further explore decentralized finance (DeFi), Web3 games, Web3 social, Layer2 scaling solutions, and everything in between.
19. Irys
Irys (formerly Bundlr) raises $3.5M in a strategic funding round with participation from Lemniscap*, Framework Ventures, Primitive, Hypersphere, and Permanent Ventures.
About Irys
Irys is the only provenance layer. It enables users to scale permanent data and trace it back to its exact origin. By tracing and verifying the provenance of data, Irys paves the way for accountability to be built into all information.
20.Pixelverse
Pixelverse raised $5.5 million in a funding round with participation from Delphi Ventures, Merit Circle, Bitscale Capital, Ghaf Capital Partners, Big Brain Holdings, Liquid X Ventures, Foresight Ventures, and Sebastien Borget.
About Pixelverse
Pixelverse is a cyberpunk video game ecosystem where players explore a neon-lit world, engage in PvE and PvP combat, and customize robots. Built by a team from Binance and other well-known projects, it aims to create the largest 2D world using procedural generation technology and the EVM L1 blockchain. Core features include quests, crafting, dynamic NFTs, and a robust economic ecosystem driven by the $PIXFI token.
21.Rio Development Inc
Rio Development Inc. raised undisclosed funds in an M&A financing round participated by EigenLayer.
About Rio Development Inc
Rio Network is a pioneering platform developed by Rio Development Inc. that issues Liquid Restaking Tokens (LRTs), with its flagship product being reETH. Rio Network focuses on reinvesting rewards through risk management, and takes a leading position in the emerging Liquid Restaking Token category by prioritizing AVS (Active Verification Service), operator management, and efficient aggregation of reinvestment rewards.
22. GenomesDAO
GenomesDAO raised undisclosed funding in a funding round participated by Pantera Capital and Modular Capital.
About GenomesDAO
GenomesDAO is a biotech DAO focused on monetizing genomic data securely, privately, and auditably using DeFi technology. It offers GENE tokens as a payment method for whole genome sequencing and an incentive for querying encrypted DNA data. Using AMD SVS-ES Vault and blockchain technology, GenomesDAO provides a secure DNA database that ensures users have full control and ownership of their genomic data.
23. Yuliverse
Yuliverse raised $4M in Series A funding from Lingfeng Innovation Fund (LIF)*, Spyre Capital, Presto Labs, DWF Labs, Sending Network, 2 Punks Capital, CSP DAO, 071labs, Titans Ventures, Ultiverse, and Hulk Crypto (HC Capital).
About Yuliverse
Yuliverse is a mobile alternate reality metaverse app that is parallel to the real world, combining gaming and social networking. With Yuliverse, users can discover hidden treasures in their city, earn rewards, and connect with people who share similar interests.
24.N3MUS
N3MUS (formerly JR Studio) raised undisclosed funding in a grant funding round participated by Moonbeam Network.
About N3MUS
N3MUS integrates web3 games into mainstream culture by combining traditional games with blockchain technology, providing basic tools for game studios and user-friendly solutions for gamers. It simplifies the onboarding process, provides a hub for game discovery, and supports game studios with scalable hosting and blockchain integration. N3MUS aims to create an excellent gaming experience and cultivate a thriving community of gamers and creators.
25. Particle
Particle raised undisclosed funds in a strategic financing round participated by Spirit DAO, X+ (XDeGods), dingaling, Christianeth and WSB Mod.
About Particle
Particle is a protocol that allows permissionless leveraged trading of any digital asset.
26. Zircuit
Zircuit raised undisclosed funds in a financing round participated by Binance Labs Fund.
About Zircuit
Zircuit is a fully EVM-compatible zero-knowledge rollup that aims to enhance the potential of web3 by combining powerful infrastructure with zero-knowledge proofs. This unique hybrid architecture provides developers with high performance and security at the serializer level, resulting in faster transactions and lower fees. Currently in the testnet stage, Zircuit allows users to participate in testing, staking programs, and Build to Earn programs while ensuring compatibility with Ethereum applications and major wallets.
27.Holdstation
Holdstation raised undisclosed funds in a strategic financing round participated by SNZ Holding, Summer Ventures, and Everest Ventures Group (EVG).
About Holdstation
Holdstation DeFutures is a platform that enables traders to conduct multi-asset leveraged trading with up to 500x. Its self-custodial approach aims to simplify user interactions with blockchain technology while emphasizing privacy and innovation. The platform offers no-gas transactions, batch transactions, and the use of various tokens to pay for gas fees, in addition to the DeFutures trading platform, which uses decentralized price feeds to provide diversified trading opportunities for assets.
28. Orbital7
Orbital7 raised an undisclosed amount of funds in a private round of financing participated by Castrum Capital*.
About Orbital7
Orbital7 is a set of development tools designed to leverage and enhance Level 0 technology, facilitating the integration of various blockchain networks into a compatible single ecosystem. This "full-chain" strategy aims to unify the user and developer experience across different platforms, enabling seamless asset transfers, smart contract execution, and use of decentralized applications without encountering interoperability issues.
29.Qiro Finance
Qiro Finance raised $100,000 in a grant funding round with participation from P2 Ventures (Polygon Ventures).
About Qiro Finance
Qiro is an institutional private credit protocol that leverages DeFi infrastructure to connect stablecoin investors with emerging market asset originators, providing them with fixed income opportunities. By tokenizing real-world assets (RWAs), Qiro aims to make illiquid assets more liquid and accessible, creating a transparent on-chain credit infrastructure. The protocol contains smart contracts for asset securitization, private credit markets, and a distributed credit underwriting network for efficient risk management.
30.Qiro Finance
Qiro Finance raised $50,000 in a funding round participated by Aptos Network.
About Qiro Finance
Qiro is an institutional private credit protocol that uses DeFi infrastructure to connect stablecoin investors with emerging market asset originators to provide them with fixed income opportunities. By tokenizing real-world assets (RWAs), Qiro aims to make illiquid assets more liquid and accessible, creating a transparent on-chain credit infrastructure. The protocol contains smart contracts for asset securitization, private credit markets, and a distributed credit underwriting network for efficient risk management.
31.Squads
Squads raised $10 million in a Series A funding round with participation from Electric Capital*, Coinbase Ventures, Placeholder, RockawayX, and L1 Digital.
About Squads
Squads is a multi-signature protocol based on Solana that helps crypto companies securely manage and maintain their on-chain digital assets. It provides a fully on-chain smart contract wallet system that ensures transparency and immutability, and simplifies asset management for teams building on Solana and SVM, enabling them to collaboratively and securely manage and maintain treasuries, programs, validators, and tokens.
32. Zyfi
Zyfi raised $2 million in a private round with participation from Tenzor Capital, Everstake Capital, Alpha Praetorian Capital, Criterion VC, V3ntures, NxGen, Majinx Labs, and ZBS Capital.
About Zyfi
Zyfi is a Paymaster-as-a-Service that simplifies gas fee management for dApps in the zkSync ecosystem, allowing users to pay with any ERC-20 token, or have dApps sponsor transaction costs. Powered by an API that abstracts complexity, Zyfi integrates with many dApps to provide gas-free transactions and a seamless user experience. By leveraging zkSync’s native account abstraction, Zyfi enables gas-free transactions directly from externally owned accounts (EOAs), increasing usability and adoption.
33. Honeypot Finance
Honeypot Finance raised $1.3M in a strategic funding round with participation from TKX CAPITAL*, CSP DAO*, Aquanow (AQN), Web3Port Labs and Enigma Validator*.
About Honeypot Finance
Honeypot Finance is building a community-driven DeFi hub that uses a unique AMM model combining a community-led launchpad (Dreampad) and a DEX (HenloDex) to solve the liquidity utilization problem in DeFi. The platform uses innovative models such as Fair Token Offering (FTO) for transparent token issuance, and Batch-A2MM, an award-winning decentralized exchange that supports long-tail assets and has post-launch security features.
34.Bitball
Bitball raised $2 million in a funding round participated by Bitfun Capital.
About Bitball
BitBall is a leading sports metaverse and game finance (GameFi) platform that connects sports with Web3 to provide a new digital experience for sports stars, clubs, institutions and fans. It allows users to entertain, create and socialize in the metaverse, sharing the profits and benefits of the BitBall ecosystem. With close ties to football IP resources and rich experience in game development, BitBall aims to provide high-quality, sustainable virtual experiences and a vibrant, inclusive community.
Source: Crypto Fundraising, Golden Finance