Crypto Fundraising weekly
Dates: 28 Jun – 04 Jul 2026

This week's biggest funding round

Venice AI raised $65M in a Series A funding round from Dragonfly Capital*, Coinbase Ventures, North Island Ventures (NIV).

Venice AI is a privacy-first AI platform that gives users access to more than 200 AI models while keeping user input encrypted and unencrypted client-side, routed through an external proxy, and not stored on Venice’s own systems. It hosts open source models on its own data centers, routes queries to closed-source models, and offers text, image, audio, and video generation. The platform also includes customizable AI characters and end-to-end encryption on some models for subscribers.

Other investment rounds

Squid raised $2.3M in a Public sale  funding round from .

Squid is a cross-chain swap and routing platform that enables token swaps, bridging, and value transfer across 100+ blockchains in a single transaction. Built on a unified routing and execution engine, it serves as both infrastructure and developer tooling for cross-chain applications. The platform has processed over $6B in cross-chain volume since 2023 and powers cross-chain features in 1,000+ apps, including MetaMask, Ripple, and Ledger. Squid targets developers building cross-chain functionality, DeFi users, and ecosystems seeking seamless interoperability.

Arcus (dYdX) raised undisclosed amount in a  funding round from Robinhood.

Arcus is a decentralized exchange (DEX) developed by the dYdX team in partnership with Robinhood, bringing 24/7 self-custodial trading to Robinhood Chain. The platform enables fee-free trading of tokenized stocks alongside cryptocurrencies, commodities, indices, and perpetual futures. With unified cross-margin accounts, institutional-grade on-chain execution, and up to 50x leverage on perpetuals, Arcus combines traditional financial markets with DeFi infrastructure. Users can access global assets through a single self-custodied account while retaining full control of their funds.

Extended raised $12.5M in a  funding round from eToro*, Jump Crypto, Àlber Blanc.

Extended Exchange is a decentralized trading platform focused on perpetual derivatives, offering users access to leveraged crypto trading with low fees and deep liquidity. Built with a user-friendly interface, it combines CEX-like performance with on-chain transparency and self-custody. The platform integrates advanced risk management tools, efficient order execution, and supports multiple assets.

Thea raised $8M in a  funding round from Maven 11 Capital*, The Spartan Group*, Manifold*, Hack VC*, Fisher8 Capital*, Galois Capital, DCF God, icebergy.

THEA is a predictive behavioral AI network developing autonomous intelligence systems for risk markets. It leverages machine learning, behavioral analytics, high-performance computing, and blockchain technology to generate predictive insights for complex decision-making. THEA plans to launch the THEA Network on Solana, enabling coordination of AI inference requests, accounting, and on-chain settlement while keeping computation off-chain for efficiency. By transforming behavioral and market data into actionable intelligence, THEA aims to democratize institutional-grade predictive AI and provide transparent infrastructure for decentralized financial and Web3 applications.

Sunscreen raised undisclosed amount in a M&A  funding round from Fhenix.

Sunscreen is a privacy-focused infrastructure project building a Secure Processing Framework (SPF) that enables developers to create applications using Fully Homomorphic Encryption (FHE). Its compiler transforms standard code into privacy-preserving programs that can execute on encrypted data without exposing sensitive information. Designed for both Web2 and Web3, Sunscreen supports deployment across multiple blockchains and aims to simplify confidential computing for use cases such as private DeFi, voting, AI, identity, and secure data processing. The platform combines high-performance FHE tooling with future support for zero-knowledge proofs to make privacy-preserving applications practical for developers.

* fund, that lead investment round