Compiled by Golden Finance
This week, 26 blockchain startups raised a total of $182.5 million in funding. 10 projects received pre-seed and seed round investments, and 15 projects received other rounds of financing.
The largest financing round this week
Bridge
Raised $58 million from Sequoia Capital, Ribbit Capital, Index Ventures, and HAUN Ventures in a round of financing.
Bridge is a stablecoin-based payment platform designed to simplify global capital flows for businesses. It provides API interfaces that allow stablecoins to be seamlessly integrated into existing financial systems, enabling fast, secure, and cost-effective transactions across borders. Enterprises can issue their own stablecoins, manage global financial operations, and pay employees in digital dollars. Bridge also provides solutions to expand market coverage and facilitate global transactions.
Pre-Seed and Seed Round Investment
Kredete
Raised $2.3 million in a seed round from Blockchain Founders Fund (BFF)*, TechStars, Tezos Foundation, Polymorphic Capital, Launch Africa Ventures, Neer Venture Partners, Stellar Development Foundation (SDF), DNA Fund, etc.
Kredete is a financial software platform designed to empower African immigrants by helping them build credit and send remittances home with minimal fees. By combining remittances with credit-building tools, Kredete enables users to build a solid financial foundation in their new country while supporting their families. The platform aims to expand its services across Africa, providing customized financial products that meet the unique needs of African immigrant communities.
Time
Raised $3M in a seed round from Brevan Howard Digital*, Coinbase Ventures, Zee Prime Capital, Breed VC, PTC Crypto (Palm Tree Crew), Advancit Capital, Maelstrom, Anatoly Yakovenko, Raj Gokal, Santiago R. Santos, and others.
time.fun is a time tokenization platform that allows creators, called timeholders, to monetize their time by engaging in one-on-one experiences with fans, such as meetings or messaging. As timeholders provide more value, market demand for their time increases, boosting its value. Fans can trade or redeem time minutes, and timeholders earn ETH from these transactions. The platform also offers features such as timeholder-restricted Telegram groups and funds for rewarding loyal fans, creating an interactive and profitable ecosystem.
SnakeLite
Raised $4M in a Seed Round from Redpoint*, UpHonest Capital, Mirana Ventures, Sky9 Capital, Fenbushi Capital, NGC Ventures (NEO Global Capital), AntAlpha, CyberConnect, Alchemy Pay, KuCoin Ventures, HTX Ventures (formerly Huobi Ventures), Gate Labs, Redline Labs, Cobo, SNZ Holding, ViaBTC Capital, MEXC Ventures, Mask Network, Unstoppable Domains, One Boat Capital, and others.
SnakeLite is a click-to-earn game on Telegram that provides players with a novel way to explore the Web3 metaverse and earn tokens by tapping on the screen. It leverages blockchain technology to provide a gaming experience while allowing users to easily earn digital assets. The game also fosters a vibrant community that invites players to actively participate in its growing ecosystem.
Trial Xtreme (Gameplay Galaxy)
Raised $11.2M in a seed round from Blockchain Capital and Merit Circle .
Gameplay Galaxy is bringing Trial Xtreme to Web3. Players can earn active income by participating in tournaments and winning matches.
Solayer
Raised $12M in a seed round from Polychain Capital, Hack VC, Binance Labs Fund, Maelstrom, Big Brain Holdings, Nomad Capital, ABCDE Capital, Finality Capital, Road Capital, Cross-Chain Ecosystem Fund, Borderless Capital, Race Capital, Lvna Capital, Bitscale Capital, and others.
Solayer is building a restaking network natively on Solana, leveraging Solana’s economic security and advanced execution to provide decentralized cloud infrastructure. This infrastructure enhances consensus and blockspace customization for application developers. Solayer’s approach involves leveraging SOL’s economic security to secure other systems and developing a shared validator network to scale Solana’s security and infrastructure.
Echelon Market
Raised $3.5M in a seed round from Amber Group*, Laser Digital, Saison Capital, Interop Ventures, 280 Capital, Cypher Capital, Serafund, Web3Port Labs, Re7 Capital, Selini Capital, DCF God, Zaheer Ebtikar, and others.
Echelon is a decentralized financial marketplace written in the Move programming language. Its users can indirectly lend assets to each other through non-custodial pools to earn interest or use leverage to increase purchasing power.
Legion raised $2M in a seed round from Cyber Fund*, Alliance DAO (formerly DeFi Alliance), Delphi Labs, Coingecko, LongHash Ventures, Alex Svanevik, Mike Dudas, Ryan Watkins, and others.
Legion provides retail investors with a platform to participate in on-chain financing that enhances regulatory compliance and investor accountability. Projects using Legion can customize investment terms and build strong, organic communities through customized allocations and investor whitelists. Each investor is assigned a Legion score that adjusts based on their long-term value contribution, reducing short-term exploitative behavior and minimizing bot or Sybil activity. This reputation system fosters a more dedicated and supportive investing community.
Chainbound (Bolt)
Raised $4.6M in a seed round from Cyber Fund*, Maven 11 Capital, Semantic Ventures, Robot Ventures, Anagram, Bankless Ventures, Chorus One, Hasu, Anthony Sassano, and others.
Chainbound is an Ethereum R&D company focused on making blockchain more efficient. Its flagship product, Bolt, introduces pre-confirmation functionality on Ethereum, enabling sub-second transaction confirmations and significantly reducing the typical seven-second wait time. Initially launched on the Helder testnet, Bolt is scheduled to be live on the Ethereum mainnet before the end of the year, promising a faster and more responsive blockchain experience.
Origami Finance has raised $1.5M in a seed round from Ouroboros Capital, Fjord Foundry, Good Partners, UpsideDAO, Aquanow (AQN), BeraLand, TempleDAO, Boba Tea Capital, Three Three Ventures, Smokey The Bera, Janitooor, Steve Bearwin, DCF God, and others.
Origami Finance is an automated leverage protocol launched on Ethereum and BeraChain. It is fully integrated with third-party lenders and allows users to fully automatically gain exposure to Yield-Bearing Tokens (YBT), thereby maximizing capital efficiency while minimizing the risk of liquidation and bad debts.
Nectar AI
Raised $3.9M in a Seed Round from Mechanism Capital, Karatage, Synergis Capital, Maelstrom, Builder Capital, Baboon VC, Decima, Tekin Salimi, George Lambeth, Albert Chon, Charles Lu, Gabby Dizon, and others.
Nectar AI is a Web3 Generative AI platform that allows users to create and interact with immersive, uncensorable AI companions. It offers two main features: Image Creator, for generating photorealistic or anime-style photos, and Role Play, for exploring fantasies and creating custom characters. Users can personalize their AI companions to a high level of detail and interact in multiple languages. The platform also supports both on-chain and off-chain experiences, providing full IP ownership and monetization opportunities for creators.
Other Investment Rounds
Adot
Raised an undisclosed amount from Aptos Network in a funding round.
Adot is a decentralized AI search engine company focused on creating a trusted, decentralized search engine for the AI era and Web3 networks. Their vision includes attributes such as ubiquity, trustworthiness, explainability, and decentralization, and aims to redefine the future of the Internet by integrating Web3-related data and empowering users and developers to contribute and customize AI-driven search experiences.
Mereo
Raised an undisclosed amount in a funding round from Aptos Network.
Mereo is a platform that allows fans to earn benefits through their actions and reputation. It integrates dynamic ticketing, interactive quests, and community chat features to enable IP owners to create immersive fan experiences. By capturing and rewarding fan interactions, Mereo transforms intangible community value into tangible rewards, deepening the connection between brands and their most loyal supporters.
Uniquid
Raised an undisclosed amount in a funding round from Amber Group, DWF Labs, ArkStream Capital.
Uniquid Layer is a platform focused on maximizing Bitcoin returns through unified liquidity management across multiple chains and centralized finance (CeFi) platforms. With top-level security features such as Anonymous Decentralized Verification (ADV) and innovative products such as Restaking as a Service, Uniquid Layer ensures enhanced security and optimized returns. The platform uses financial incentives, social farming, and gamification to attract and guide new Bitcoin users, aiming to build the largest community in the Bitcoin ecosystem.
Level Protocol (Peregrine Exploration Inc.)
Raised $3.6M in a round of funding from Dragonfly Capital, Polychain Capital, Robot Ventures, Pier Two, EI Ventures, Global Coin Research (GCR), MrBlock, Balaji Srinivasan, Julian Koh, Sidney Powell.
Level aims to revolutionize the economic security of decentralized networks by incorporating USD stablecoins into its defense mechanism. By transforming stablecoins from idle assets to productive tools, Level enhances the stability and efficiency of network security. This innovative approach enables stablecoin holders to earn yield in a non-custodial manner while protecting multiple networks at the same time. For decentralized networks, this dollarization provides cost savings, capital efficiency improvements, and more stable security measures.
Edge Matrix Chain
Raised $20 million in a round of funding from Amber Group, P2 Ventures (Polygon Ventures), Cyberrock Venture Fund, Candaq Fintech Group, Raees Chowdhury.
EMC Protocol is a blockchain-based edge computing network that integrates smart contracts, decentralized storage, and consensus mechanisms to create a powerful, decentralized computing infrastructure. By connecting servers, PCs, and devices, it forms a unified platform for flexible and efficient computing resource sharing. Users can access a decentralized marketplace for computing power through secure transactions facilitated by cryptocurrencies and smart contracts. EMC Protocol improves network efficiency through intelligent routing and data caching, while ensuring a high level of data protection using advanced encryption technology.
Quai Network
Raised $5M from Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures in a strategic funding round.
Quai is a scalable, EVM-compatible, merge-mined blockchain network that provides fast, convenient, and low-cost decentralized financial services.
Oasys
Raised an undisclosed amount from SBI Holdings in a funding round.
Oasys is a public blockchain designed for gaming with fast transaction speeds, zero gas fees, and environmental friendliness. It features a unique multi-layer architecture, including a highly scalable Layer 1 and a Layer 2 dedicated to scaling solutions.
Bware Labs
Raised an undisclosed amount from Alchemy Ventures in a round of acquisition funding.
Bware Labs is a decentralized API infrastructure developer that provides an interface between blockchain API consumers and node providers with integrated payment options and verified reliability. Bware Labs developed Blast, a Web3 infrastructure protocol, and released the INFRA token to power the protocol. INFRA is the basis of Blast’s staking and delegation mechanisms, incentivizing node operators and promoting the decentralized and permissionless nature of the Blast protocol.
Verofax
Raised $3 million in a round of funding from KAUST (King Abdullah University of Science and Technology), Plug and Play Ventures, Navig8 Group, and Trove Capital UK.
Verofax provides AI, AR, and blockchain-based solutions designed to transform customer experience and drive business growth. By integrating advanced technologies, Verofax helps brands increase customer engagement through interactive packaging, traceability, and personalized promotions. Its platform enables businesses to create secure, verifiable product audits, sustainability assessments, and immersive customer interactions to achieve higher ROI, increase customer loyalty, and make better data-driven decisions.
Double jump.tokyo
Raised $10M in Series D funding from SBI Investment, Sony Corporation, Taisu Ventures, Gate Ventures, and Bing Ventures.
Double jump.tokyo is a pioneering company in blockchain game development that provides comprehensive support to game developers. They provide APIs, resources, and expertise to help build and promote blockchain games. Since its founding in 2018, the company has partnered with major game companies and built a strong blockchain infrastructure. They are expanding Web3 content through partnerships with SBI Group, Sony, and international cryptocurrency exchanges. Their upcoming blockchain game "Three Kingdoms War" will reimagine SEGA's "Three Kingdoms War" IP using blockchain technology.
Space and Time
Series A funding from Framework Ventures, Lightspeed Faction, Arrington Capital, Hivemind, M12, Digital Currency Group (DCG), F-Prime Capital, OKX Ventures (formerly OKEx Blockdream Ventures), Circle Ventures, Alumni Ventures ( AVG), TrueBridge Capital, Blockchange Ventures, Matter Labs, TRGC, Eterna Capital, Contango Digital Assets, Stix, M31 Capital, ArkStream Capital, Superscrypt, MH Ventures, White Star Capital, Gate Labs and Cypher Capital raised $20 million.
Space and Time is a decentralized data platform that combines AI and blockchain technology to provide verifiable and tamper-proof data services. The platform integrates on-chain and off-chain data to provide secure, real-time analysis and SQL-based queries for smart contracts. With features such as AI-driven SQL and zero-knowledge proofs, Space and Time provides a powerful and scalable infrastructure for decentralized applications, enterprises, and developers so that they can access and utilize data in a fully transparent and accurate manner.
Myco
Raised $10 million in Series A funding from Daman Investments, Aptos Labs, Mocha Ventures, Ghaf Capital Partners, Arts3 Foundation, Factor6 Capital, and Enjinstarter.
Myco is a decentralized video streaming platform that empowers creators and fans through blockchain technology. It allows creators to produce, distribute and monetize content directly without middlemen. Fans can support their favorite creators, participate in the creative process and receive rewards. Myco integrates various tools and features to enhance interactivity and ensure a transparent, secure and fair content economy. By leveraging Web3 principles, Myco aims to redefine the relationship between creators and consumers in the digital space.
SOON
Raised an undisclosed amount of funding in a round of funding from Mustafa Al-Bassam, Anatoly Yakovenko, Lily Liu, Kartik Talwar and Amrit Kumar.
SOON leverages the Solana Virtual Machine (SVM) to execute transactions in parallel through the Sealevel runtime, thereby improving network performance and security. The decoupled SVM built on Anza's SVM API improves security by decoupling the transaction processing unit (TPU) and proof of history (POH), reducing data availability waste and eliminating unnecessary voting transactions. SOON Stack allows deployment on any first-layer blockchain using ZK fraud proofs, greatly reducing dispute resolution time. It also provides configurable data availability (DA) options such as EigenDA, Avail or Celestia.
BSC Station
Raised an undisclosed amount of funding from K300 Ventures in a round of financing.
BSC Station aims to build a full-stack DeFi platform with NFT auctions on Binance Smart Chain.
OneBalance has raised $5M in angel funding from Konstantin Lomashuk, Vasiliy Shapovalov, Curved Ventures, Will Price, Henri Stern, Viktor Bunin, Sina Habibian, Banteg, Cobie, Hart Lambur, Igor Igamberdiev, Matthew Tan, and Zaki Manian.
OneBalance is a framework for creating and managing trusted accounts. Trusted accounts are an extension of existing account formats (externally owned accounts, smart accounts, stateful accounts) that allow them to make trusted commitments without global consensus.
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