At least 19 startups raised venture capital funding in the past seven days, with the largest round going to Huma Finance, a real-world tokenized asset platform.
they are announced On September 11, the company announced that it had received $38 million in a fundraising initiative led by Distributed Global, which also included Hashkey Capital, Stellar Foundation, Folius Ventures, and Turkish private bank İşbank.
The company plans to use the $10 million in equity funding and $28 million through yield-bearing RWAs to expand its PayFi network globally. It also plans to launch on Solana (SUN) and Stellar (XLM) in the coming months.
This week’s crypto VC funding column rounds up the latest announcements from X.com and investment tracker, Cryptocurrency FundraisingHere’s what was announced between September 8th and September 14th:
Fuse (Project Zero), $12 million
Fuse, a London-based decentralized renewable energy developer, has secured $12 million in a funding round led by Multicoin Capital.
PIN AI, $10 million
PIN AI, an artificial intelligence infrastructure company, has confirmed $10 million in seed funding. The startup aims to develop the world’s first open-source personal intelligence network (PIN).
The list of backers includes: A16z CSX, Hack VC, Blockchain Builders Fund (Stanford Blockchain Accelerator), NEAR protocol founder Illia Polosukhin, SOL Foundation Chair Lily Liu, Symbolic Capital, Mysten CEO Evan Cheng, dcbuilder (Worldcoin Foundation), Foresight Ventures, Nomad Capital, Cresta co-founder Tim Shi, Espresso CEO Ben Fisch, Gitcoin co-founder Scott Moore, Alumni Ventures, and Dispersion Capital.
DRiP, $8 million
Drip Labs, the startup behind Solana-based creation platform DRiP, raised $8 million in seed funding on Sept. 9. NFX led the effort. Coinbase Ventures and Progression also participated.
Nytro Lab (Castilla) CAST, 8 million dollars
Hong Kong-based developer Nytro Lab has secured $8 million in funding. The proceeds will likely go toward Nytro Lab’s inaugural blockchain game, Castile, which entered beta testing on Sept. 10.
SevenX and OKX Ventures led the round. Aptos Labs participated alongside Amber Group, HashKey and Leland Ventures. Matr1x, co-publisher of Castile, also backs Nytro Lab.
Infinity, $6 million
The block reported Infinit raised $6 million in a funding round. Electric Capital, Mirana Ventures, Hashed and Arthur Hayes’ family office Maelstrom participated in the initiative.
Boat, $5.35 million
Moku raised $5.35 million. Sky Mavis and A16Z GAMES led the round with participation from a long list of backers including Contango Digital Assets, Arca, Framework Ventures, Bankless Ventures, Richard Dai of DRW, Holly Liu of Flori Ventures, 32-Bit Ventures and Jason Lee of Phantom.
Rounds < $5 million
- Blocksense Network$4M in seed funding led by Permutation
- Syrupal Protocol:$3.75M seed round; current valuation of $25M
- Source platform:$3.5 million in funding; backers include Foundation Capital, Caladan, Primal Capital, Druid Ventures, MHC, United Overseas Bank, NGC Ventures, Marin Ventures, and Blockchain Founders Fund.V
- Wing BitesThe Stockholm-based protocol raised $3.5 million from Borderless Capital and Tribe Capital, along with Antler and angel investors.
- TitanThe fundraising totaled $3.5 million and was led by Round13 Digital Asset Fund; RN Financial Corp also participated.
- T1 ProtocolEthereum scaling solution T1 Protocol has successfully raised $2.5 million in a pre-seed funding round. Investors include A16z, Espresso, Frax, Cow Swap, ETH Global, ENSO, Injective, and Titan.
- Hyperbridge ProtocolWeb3 Foundation has partnered with Scytale Digital to lead a $2.5 million seed funding round for Hyperbridge.
- Amalgam:The decentralized lending exchange closed a $2.5 million seed funding round co-led by Faction VC and Framework Ventures. Robot Ventures, Bodhi Ventures, NGC Ventures, Dewhales, and Blockchain Founders Fund also participated.
- Orange Cap Games (Vibes):The $2 million pre-seed angel funding round will allow Orange Cap to bring its intellectual property to life through its upcoming collectible card game Vibes featuring Pudgy Penguins.
- Gas HawkThe startup raised $1.6 million in a pre-seed funding round from 3SE Holdings, AVID3, Artemis Capital, Appworks, Redbeard Ventures, Alchemy and several angel investors.
- Universal health card:Animoca, Polygon, and Tezos supported the $1.2M pre-seed funding round for UHT.
- Carrot CRT:The startup, whose mission is to “make it simple to achieve maximum returns across the entire Solana DeFi ecosystem,” collected $600,000 in a pre-seed funding round.
For last week’s column, Click here.
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