Crypto Fundraising weekly
Dates: 30 Mar – 05 Apr 2025

This week's biggest funding round

Codex raised $15.8M in a Seed funding round from Dragonfly Capital*, Coinbase Ventures, Wintermute, Selini Capital, Cumberland (DRW), Circle Ventures.

Codex is a Layer 1 blockchain built on the OP Stack and hosted by Conduit, purpose-built for stablecoin-based finance. It offers Codex Chain, Codex API, and Codex FX to facilitate global stablecoin payments and FX markets. With modular, multi-chain architecture, it also powers on-chain compute for AI, DePIN, and DeFi applications.

Pre-seed and Seed investment rounds

Codex raised $15.8M in a Seed funding round from Dragonfly Capital*, Coinbase Ventures, Wintermute, Selini Capital, Cumberland (DRW), Circle Ventures.

Codex is a Layer 1 blockchain built on the OP Stack and hosted by Conduit, purpose-built for stablecoin-based finance. It offers Codex Chain, Codex API, and Codex FX to facilitate global stablecoin payments and FX markets. With modular, multi-chain architecture, it also powers on-chain compute for AI, DePIN, and DeFi applications.

Bloctopus (ex LZero) raised $1M in a Seed funding round from Hivemind*, Ethereum Foundation, Kurtosis, TechStars, IronKey Capital, Brevan Howard Digital, Quantstamp, Cred Protocol, Nexus Network, Airside Labs, Raga Finance.

Bloctopus is a testnet-as-a-service platform that simplifies blockchain development by enabling developers to launch highly configurable and scalable testnets on-demand. It offers realistic simulations with mainnet data and distributed nodes, reducing the complexity and cost associated with decentralized application (dApp) development.

Cambrian Network raised $5.9M in a Seed funding round from a16z Crypto Startup Accelerator (CSX)*, Blockchain Builders Fund (BBF).

Cambrian Network is an AI infrastructure protocol that transforms on-chain and off-chain data into rapidly accessible financial intelligence. By leveraging a decentralized network of validators, it provides comprehensive insights such as cross-chain DeFi metrics, wallet activity, price and volatility forecasting, social sentiment, and news analysis. This empowers both human users and autonomous agents to make informed financial decisions in the evolving landscape of decentralized finance.

Mahojin raised $5M in a Seed funding round from a16z Crypto Startup Accelerator (CSX)*, Maelstrom*, WAGMI Ventures, Han Bridge Capital.

Mahojin is a Web3-powered AI image remix platform that enables users to generate professional-quality images by remixing existing creations from various third-party applications. By fostering a collaborative environment, Mahojin allows users to build upon others’ work, contributing to an ever-expanding, easily remixable library of digital art. This approach simplifies the image creation process and promotes community-driven creativity.

Ambient raised $7.2M in a Seed funding round from a16z Crypto Startup Accelerator (CSX), Delphi Digital, Amber Group.

Ambient is a Solana Virtual Machine (SVM)-compatible Layer 1 blockchain that utilizes Proof of Work (PoW) to provide hyperscaled, verified inference on a 600-billion-parameter model and its fine-tunes. By integrating machine intelligence as a form of currency, Ambient offers Bitcoin-like rewards to nodes involved in inference, fine-tuning, or training of the network model, promoting decentralized AI productivity without the need for enterprise-grade GPUs.

Other investment rounds

BugsCoin raised undisclosed amount in a  funding round from The DuckDao.

BugsCoin is a digital token that revolutionizes traditional point systems by integrating blockchain technology, transforming points into valuable assets. It serves as a reward system on platforms like AntTalk, a virtual investment community, enhancing user engagement through transparent and fair accumulation of rewards.

MEET48 raised undisclosed amount in a  funding round from Liang Xinjun*, Hash Global*, Hashkey Capital*, Animoca Brands, Infinity Labs, Promontory Technologies.

MEET48 is the entertainment-focused AI-Agent and fan economy ecosystem, enabling users to create and manage AI-driven virtual idols. With tools like AIShowBOX and MEME platform MarsProtocol, MEET48 blends AIGC-powered music, dance, gaming, and social interaction into a unified Web3 experience on BNB Chain.

StakeStone raised $1M in a Public sale  funding round from .

StakeStone is a decentralized protocol that offers scalable, yield-optimizing services for Ethereum stakers. It utilizes STONE, a non-rebase token, to represent staked ETH, providing competitive yields across multiple blockchains through decentralized portfolio optimization. StakeStone supports cross-chain compatibility and multi-scenario adaptation, enabling users to maximize capital efficiency with real-time yield generation. It promotes an eco-system where STONE can be utilized in diverse DeFi scenarios, including exchanges, stablecoin minting, lending, and derivatives markets.

Ultra raised $12M in a  funding round from NOIA Capital*.

Ultra is a gaming platform that leverages blockchain technology to offer a unified ecosystem for gamers, developers, and creators. It integrates game distribution, tournaments, social features, and financial tools, aiming to redefine the gaming experience.

Arcadia Finance raised $500K in a Public sale  funding round from .

Arcadia Finance is a decentralized finance (DeFi) platform that enables users to manage, leverage, and automate their decentralized exchange (DEX) liquidity from a single interface. The platform supports various DEX ecosystems, allowing users to optimize their liquidity provision strategies effectively.

Fragmetric raised $4M in a Public sale  funding round from .

Fragmetric is a Solana-based liquid restaking protocol aimed at enhancing the security and economic growth of Solana’s ecosystem. With $fragSOL, the first Liquid Restaking Token (LRT), users can earn yields on their staked SOL and liquid staking tokens while participating in DeFi. Fragmetric’s platform utilizes Solana’s token extension to optimize the distribution of staking, MEV, and NCN/AVS rewards, enabling users to leverage $fragSOL as collateral, provide liquidity, or trade on DEXs. The protocol’s goal is to build a robust restaking ecosystem through standardized LRTs and community contributions.

Ooga Booga raised $306K in a Public sale  funding round from .

Ooga Booga is a decentralized exchange aggregator built on Berachain, designed to help traders find the most cost-effective crypto swaps across various exchanges. It serves as Berachain's native liquidity aggregator, enhancing the efficiency and accessibility of decentralized trading on the platform.

Universal Health Token raised undisclosed amount in a  funding round from Aptos Network.

Universal Health Token (UHT) is a gamified healthcare platform developed by GOQii’s Web3 business unit. It leverages blockchain technology to incentivize preventive healthcare, rewarding users for making healthy lifestyle choices. UHT offers exclusive NFTs, event access, and discounts on health products as motivation to improve habits. By blending healthcare and technology, UHT reshapes how users approach wellness, aiming to combat chronic diseases and promote healthier living through engaging and immersive experiences.

bAI Fund raised $1M in a  funding round from Morph, Foresight Ventures.

BAI Fund is the first on-chain agent fund operating within a Trusted Execution Environment (TEE), integrating quantitative trading, investment, and marketing to create a secure, efficient, and diversified AI agent ecosystem. It empowers creators to independently issue AI Agent tokens and drive decentralized governance.

Collecto raised $3M in a  funding round from Marcello Albergoni, Alessandro Zanotti, Andrea Travasoni, Guido Frisiani, Marco Bragadin, Giacomo Lorusso, Fabio Peloso.

Collecto is a platform that democratizes luxury collecting by offering fractional ownership of exclusive items, including modern art, luxury watches, and investment-grade wines. By dividing high-value assets into affordable shares, Collecto enables enthusiasts to build diverse collections without substantial capital.

DRiP raised undisclosed amount in a M&A  funding round from Jupiter.

DRiP is a digital gift NFT project built on the Solana blockchain. It focuses on creating a Web3 content distribution platform that empowers creators and offers free digital gifts from prominent content creators.

Legends of Elumia raised undisclosed amount in a M&A  funding round from Triumph Games.

Legends of Elumia is a next-generation, massively multiplayer online role-playing game (MMORPG) that offers players full ownership of in-game assets, including characters, pets, and items. Set in a richly detailed fantasy world, players can engage in challenging multiplayer dungeons, thrilling PvP battles, and explore the expansive city of Elumia. The game has recently migrated to the Ronin blockchain to enhance scalability and efficiency.

Hana Network raised $1.8M in a Public sale  funding round from .

Hana Network is a P2P marketplace powered by Hyperliquid, providing mobile exchange including no-kyc on/off ramp, casual trading and farming.

PumpBTC raised $750K in a Public sale  funding round from .

PumpBTC is a liquid staking platform enabling BTC holders to maximize yields through Babylon’s shared security. It lets users stake BTC derivatives (e.g., $WBTC) to earn $pumpBTC, which accumulates yield. Users earn rewards through points across staking options, Layer 2 integrations, and protocol activity.

BurrBear raised $148.1K in a Public sale  funding round from .

BurrBear is a decentralized exchange (DEX) within the Berachain ecosystem, specializing in capital-efficient stablecoin trading. It offers innovative pool structures, including Multi Stable Pools for USD:USD trades, RWA Pools to bring traditional finance markets on-chain, and Generalized Pools for diverse token trades. BurrBear aims to enhance liquidity and yield for tokenized real-world assets (RWAs), stablecoins, and tokenized hardware assets.

The9 Limited raised $8M in a  funding round from FineWill Capital, Elune Capital, Bripheno Pte. Ltd..

The9 Limited is a Shanghai-based company specializing in online game operations, cryptocurrency mining, and artificial intelligence (AI) investments.The9 has evolved from its initial focus on online gaming to embrace emerging technologies. The company has operated and developed various online games, including titles like “Legend of Immortals,” “The World of Kings,” and “CrossFire.” Additionally, The9 has ventured into cryptocurrency mining, providing computing power to Bitcoin mining pools in exchange for fractional Bitcoin rewards.

Stabble raised $525K in a Public sale  funding round from .

Stabble is Solana’s frictionless liquidity and trading layer, revolutionizing decentralized finance (DeFi) by introducing protocol-managed liquidity and arbitrage pools. Its pool architecture requires up to 97% less liquidity compared to competitors, resulting in higher capital utilization and improved annual percentage yields (APYs). Stabble offers enhanced liquidity management, enabling traders to execute swaps with minimal slippage and price impact, while liquidity providers benefit from maximum capital efficiency through features like smart liquidity routing and margin liquidity.

Globacap raised undisclosed amount in a M&A  funding round from Archax.

Globacap is a London-based capital markets technology firm specializing in digitizing and automating private capital markets. Founded in 2017, it offers a white-label SaaS platform that streamlines capital raising, investor aggregation, deal distribution, and investment vehicle management, bringing public markets-like efficiency to private markets. By automating traditional processes, Globacap reduces operational overheads, enhances competitive edge, and ensures security and compliance for financial institutions and their clients.

Ooga Booga raised $150K in a Public sale  funding round from .

Ooga Booga is a decentralized exchange aggregator built on Berachain, designed to help traders find the most cost-effective crypto swaps across various exchanges. It serves as Berachain's native liquidity aggregator, enhancing the efficiency and accessibility of decentralized trading on the platform.

ZAR raised $500K in a  funding round from a16z Crypto Startup Accelerator (CSX).

ZAR is a digital wallet that enables users to convert cash into digital dollars, offering a bridge between cash-based economies and Web3. Through the ZAR app, users can find local merchants, exchange cash for digital currency, and use digital dollars for global transactions with virtual and physical debit cards. ZAR ensures secure and fast transfers, helping protect funds from local currency fluctuations while offering a simple, user-friendly interface.

Momentum (MSafe) raised $5M in a Strategic  funding round from Varys Capital*, Coinbase Ventures, Circle Ventures, Jump Crypto, Aptos Network, Gate Ventures, Amber Group, Selini Capital, Arcanum Capital, WAGMI Ventures, Dewhales Capital, MonkeVentures, Sui Foundation.

Momentum is the central liquidity engine for the Move ecosystem, originally launched as MSafe. Built on Sui and Aptos, it integrates advanced DeFi tools including a decentralized exchange (DEX), multi-sig treasury management, token vesting, and liquidity provisioning. Leveraging ve(3,3) tokenomics, it aligns incentives to optimize capital efficiency and trading accessibility.

* fund, that lead investment round