Blockchain Funding Soars by 96% with Major Investments in Services and Infrastructure
Last week saw a total of $202.40M raised across 14 rounds. This represents a 96.33% increase in funds raised but a 26.32% decrease in the number of rounds compared to the previous week.
Most Active Investors
Slow Ventures participated in 2 rounds, focusing on Blockchain Service.
Foresight Ventures also participated in 2 rounds, focusing on Blockchain Infrastructure and CeFi.
The Spartan Group invested in 2 rounds, focusing on Blockchain Service and Chain.
Most Interesting Categories
Blockchain Service saw $80.00M raised in 5 rounds, up from $48.00M in 5 rounds last week.
Blockchain Infrastructure raised $46.00M in 2 rounds, compared to $23.80M in 5 rounds last week.
CeFi garnered $40.00M in 2 rounds, up from $19.09M in 5 rounds last week.
Biggest Rounds
Chaos Labs, Blockchain Service with $55.00M raised from Bessemer Venture Partners, Francesco Agosti, Michael Shaulov, Kevin Weil, F-Prime Capital, Wintermute, Anatoly Yakovenko, Coinbase Ventures, The Spartan Group, General Catalyst, Lightspeed Venture Partners, PayPal Ventures, Slow Ventures, Galaxy, Haun Ventures. Chaos Labs is a platform that offers advanced risk management solutions for DeFi protocols, optimizing security and efficiency through simulations and real-time data.
Sahara, Blockchain Infrastructure with $37.00M raised from SCB 10X, Mirana Ventures, Foresight Ventures, Binance Labs, Tangent, Matrix Partners, dao5, Nomad Capital, Sequoia Capital, SamsungNext, Canonical Crypto, GeekCartel, Dispersion Capital, Polychain Capital, Pantera Capital. Sahara is a decentralized AI network that creates Knowledge Agents for monetization and automation, offering in-depth analysis and secure data services for AI model training.
WSPN, CeFi with $30.00M raised from Generative Ventures, Yunqi Partners, Hash Global, Redpoint China Ventures, Folius Ventures, Foresight Ventures. WSPN is a global digital payments company advancing digital payment solutions and financial inclusion with its USD-pegged native digital token, WUSD.
Sling Money, Blockchain Service with $15.00M raised from Union Square Ventures, Ribbit Capital, Slow Ventures. Sling is an app that facilitates nearly instant money transfers using stablecoins and real-time payment technology, making global payments easy and low-cost.
Essential, Chain with $11.00M raised from Propeller, DCLM, Heartcore Capital, Selini Capital, Mirana Ventures, IOSG Ventures, Big Brain Holdings, Maven 11 Capital, Amber Group, The Spartan Group, Bodhi Ventures, Archetype Ventures. Essential is developing an intent-centric Ethereum Layer 2 network that uses an intent-based model for efficient off-chain processing, enhancing scalability and user experience.
