Crypto Fundraising weekly
Dates: 16 – 22, Feb 2025

This week's biggest funding round

Blockaid raised $50M in a Series B funding round from Ribbit Capital*, Google Ventures (GV), Variant Fund, Cyberstarts.

Blockaid is a Web3 cybersecurity company that offers security tools designed to prevent malicious transactions, thereby safeguarding Web3 users from scams, phishing attempts, and hacking threats. Their primary focus is to enhance the security of the Web3 ecosystem and protect users from potential cyberattacks.

Pre-seed and Seed investment rounds

Infinity Ground raised $2M in a Seed funding round from Animoca Brands, MARBLEX Corp., MH Ventures, Frachtis, KuCoin Ventures, KnightFury, Presto Labs, PAKA.

Infinity Ground is a Web3-native Agentic IDE and AI-driven gaming platform that enables users to create, play, and monetize interactive experiences with modular Intelligent Development Kits (IDKs). Powered by its proprietary ING Network and Initia’s Interwoven Stack, it supports multi-chain interoperability across Base, BNB Chain, and Kaia, fostering innovation in AI-driven applications and gaming.

AMMO raised $2.5M in a Pre-seed funding round from Amber Group*, Samsung Next, Dispersion Capital, Openspace Ventures.

AMMO (Architectures for Massive Multiagent Online) is an AI-driven multi-agent ecosystem founded by former leaders from Google, DeepMind, and Meta. It enables users to own personal AI agents (“User Buddies”) for learning, investing, and personal growth. AMMO leverages a Massive Agent Factory, a composable embedding space (MetaSpace) for AI interaction, and reinforcement learning from human feedback (RLHF) to ensure aligned AI evolution.

Primus Labs (ex Pado) raised $6.5M in a Seed funding round from Dispersion Capital*, Symbolic Capital (ex 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 known as PADO, is a cryptographic infrastructure platform dedicated to enhancing data interoperability between Web2 and Web3 systems. By leveraging advanced cryptographic technologies 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 allows developers to seamlessly integrate off-chain data with blockchain and AI applications, ensuring data authenticity and privacy without exposing sensitive information.

Dojo Coding raised undisclosed amount in a Pre-seed funding round from Redline Lab.

Dojo Coding is a Latin American Web3 developer training and incubation platform dedicated to transforming regional talent into world-class blockchain engineers and entrepreneurs. Through a structured three-step program, Dojo Coding offers cutting-edge technology education, real-world project experience, and a vibrant community to support developers in achieving their full potential.

Cygnus raised $20M in a Pre-seed funding round from Manifold, OKX Ventures (ex OKEx Blockdream Ventures), Mirana Ventures, Optimism Foundation, UpHonest Capital, G20 Group, eGirl Capital, CL207.

Cygnus is the first modular real yield layer, bridging non-EVM systems like TON with the EVM ecosystem. Its Liquidity Validation System (LVS) secures liquidity while providing staking yield, LVS fees, and incentives. Additionally, Cygnus Finance offers stablecoin lending and leverage trading, backed by real-world assets such as U.S. Treasury Bills.

Fluent Labs raised $8M in a Seed funding round from Polychain Capital*, Primitive, MH Ventures, dao5 (daofive), Symbolic Capital (ex 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. This “blended execution” enables seamless interoperability and atomic composability between smart contracts written in different languages, such as Solidity, Vyper, and Rust, allowing developers to build more expressive and versatile decentralized applications (dApps).

Mansa raised $3M in a Pre-seed funding round from Tether*, Polymorphic Capital*, Octerra Capital, Faculty Group, TRIVE Ventures.

Mansa Finance is a Dubai-based, Africa-focused DeFi platform providing liquidity solutions for cross-border payment companies. It enables instant transaction settlements and flexible pre-funding by sourcing liquidity from DeFi platforms, hedge funds, and family offices. With a focus on compliance and regulatory oversight, Mansa aims to evolve into a comprehensive on-chain payment and FX solution for emerging markets.

Altius raised $11M in a Pre-seed funding round from Founders fund*, Pantera Capital*, Archetype, Reforge, Digital Currency Group (DCG), No Limit Holdings (NLH), Amber Group.

Altius is a blockchain infrastructure company that enhances performance by providing a VM-agnostic, modular execution layer compatible with any blockchain. Its technology enables high-performance execution, achieving Web2-like efficiency on-chain and facilitating multi-chain interoperability.

Fomo raised $2M in a Pre-seed funding round from Raj Gokal, Balaji Srinivasan, Bryan Pellegrino, Marc Boiron, Jordi Alexander, Henri Stern, Paul Veradittakit, Viktor Bunin, Jae Chung, Joshua Lim, Shiliang Tang, Bluefin (ex Firefly, dTrade), Smokey The Bera, Roshun Patel, Aaron Harris, Paul Kim, Alexander Pack.

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

Maestro raised $3M in a Seed funding round from Wave Digital Assets*, Draper Associates*, UTXO Management, Bitcoin Frontier Fund, Draper Dragon, Necto Labs.

Maestro is a Web3 development platform tailored for UTXO-based blockchains, including Bitcoin, Cardano, and Dogecoin. It offers advanced UTXO-indexing infrastructure, enterprise-grade APIs, and developer tools to streamline decentralized application (dApp) creation and scaling. Maestro’s services encompass blockchain data access, transaction management, market data feeds, and a managed smart contracts marketplace, empowering developers to build robust DeFi protocols, NFT marketplaces, and more.

Other investment rounds

DEXX raised undisclosed amount in a  funding round from Gate Labs.

DEXX is an on-chain token trading terminal designed for memecoin and DeFi trading. It integrates accurate data analysis, smart wallet monitoring, and advanced trading strategies, including mobile profit/loss tracking, limit orders, and stop-loss features, offering a CEX-like experience in a decentralized environment.

Knidos Labs raised undisclosed amount in a  funding round from Avalanche, Avalanche Foundation, Emin Gün Sirer.

Knidos Labs is a blockchain innovation studio dedicated to enhancing decentralization and boosting validator revenues through its Node-Fi platform. Node-Fi transforms traditional staking into a dynamic, gamified system, offering participants higher yields and increased engagement. By bridging funding and node management layers, Knidos provides a trustless liquidity hub and a decentralized physical infrastructure network (DePIN) operator marketplace. This approach decentralizes blockchain consensus and activates dormant capital, making node management accessible to a broader audience.

Acre raised $4M in a Strategic  funding round from Draper Dragon, Big Brain Holdings, Orange DAO.

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

Aura Network raised undisclosed amount in a  funding round from FPT Corporation.

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

Universal Protocol raised $9M in a  funding round from Andreessen Horowitz (a16z crypto)*, Coinbase Ventures, Four Cities Capital, Data Tech Fund.

Universal is a wrapped asset protocol that enables any token to trade on any blockchain, enhancing liquidity and accessibility. By simplifying cross-chain asset availability, it aims to create a seamless, interconnected crypto ecosystem, much like Wrapped Bitcoin (WBTC) but for all assets.

Form Network raised $306.5K in a Public sale  funding round from .

Form Network is a high-speed, low-cost Ethereum Layer 2 (L2) blockchain designed to advance the SocialFi ecosystem. Form utilizes the OP Stack and integrates Celestia’s modular data availability layer. The network offers seamless interoperability, enabling developers to deploy SocialFi applications where tokens function as ERC-20 assets, facilitating integration across various decentralized finance (DeFi) and social platforms. Form’s ecosystem includes partnerships with platforms like Roll Fun and Curves, allowing users to mint and trade social tokens, and features a native token, FORM, which is distributed through initiatives like the Form Mediation campaign.

Nil Foundation (=nil; Foundation) raised $600K in a Public sale  funding round from .

=nil; Foundation is an Ethereum Layer 2 (L2) network powered by zkSharding technology. It combines the scalability of application-specific chains (appchains) with the composability of a monolithic chain, enabling developers to build and scale decentralized applications (dApps) efficiently. The platform offers reduced transaction fees through decreased network congestion and optimized resource usage, on-demand horizontal scaling via parallel transaction execution across shards, and enhanced security with a three-tier zero-knowledge verification approach.

ResearchHub raised $2M in a  funding round from BoostVC.

ResearchHub is a tokenized social network that incentivizes scientists to openly share scholarly content by rewarding them with ResearchCoin (RSC), a cryptocurrency. It provides collaboration and publication tools to facilitate research collaboration, feedback, and knowledge sharing among researchers. By earning RSC, users can create bounties to incentivize other scientists to complete research-related tasks, fostering a platform where valuable contributions are recognized and rewarded within the global scientific community.

WalletConnect (Reown) raised $4M in a Public sale  funding round from .

Reown is the onchain 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 introduces the WalletConnect Token (WCT), which secures the network through staking, rewards, fees, and governance. Additionally, WalletConnect offers WalletGuide, a directory of on-chain wallets adhering to high UX standards in security and features.

Yield Basis raised $5M in a  funding round from .

Yield Basis, developed by Curve Finance founder Michael Egorov, is an AMM-based DeFi protocol designed to eliminate impermanent loss for liquidity providers. It uses 2× leverage via crvUSD to optimize liquidity positions, potentially increasing yields for BTC and ETH holders while maintaining sustainability. Liquidity positions are tokenized into yield-bearing assets like ybBTC and ybETH, enabling staking for additional rewards.

Forkast (Community Gaming) raised $100K in a Public sale  funding round from .

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

Academic Labs raised undisclosed amount in a  funding round from Victus Capital.

Academic Labs is an innovative platform leveraging 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, bridging the transition from Web 2.0 to Web 3.0, and ensuring inclusive access to quality education resources for all.

Kinto raised $20M in a  funding round from Brevan Howard Digital.

Kinto is a Layer-2 solution on Ethereum, providing secure and insured financial services. It operates with a non-custodial, transparent, and permissionless approach, governed by a community-elected two-layer system. Kinto merges traditional and decentralized finance, offering the benefits of KYC to DeFi without sacrificing advantages. The platform ensures user safety through KYC, insurance, and AML & fraud monitoring at the blockchain level.

RICH: Research Integrity Chain raised $50K in a  funding round from Mykola Paliienko*.

Research Integrity Chain (RICH) is a blockchain-based platform designed to safeguard the authenticity and integrity of scientific research. By creating a tamper-proof, timestamped chain for each stage of the research process, RICH ensures that data and findings are immutable and verifiable. Researchers can register their work, collaborate with peers, and share their research chains externally, providing transparent proof of authorship and research history. The platform offers tiered subscription plans to accommodate individual researchers and teams, with features like data misconduct protection and plagiarism prevention.

Mu Digital raised $600K in a Public sale  funding round from .

Mu Digital is an RWA platform on Monad that enables Asian companies to secure USD financing through crypto while providing global stablecoin holders access to tokenized yield products. It bridges Asian enterprises with global crypto liquidity, offering real yields backed by real-world businesses.

Mansa raised $7M in a  funding round from .

Mansa Finance is a Dubai-based, Africa-focused DeFi platform providing liquidity solutions for cross-border payment companies. It enables instant transaction settlements and flexible pre-funding by sourcing liquidity from DeFi platforms, hedge funds, and family offices. With a focus on compliance and regulatory oversight, Mansa aims to evolve into a comprehensive on-chain payment and FX solution for emerging markets.

* fund, that lead investment round