In the third week of February, significant investments poured into security and infrastructure, spearheaded by Blockaid’s $50 million Series B funding round.
This week’s funding exceeded $150 million, with security, DeFi, and infrastructure projects dominating the investments, according to Crypto Fundraising data.
Blockaid, $50 million
- Secured $50 million in Series B funding,
- Supported by Ribbit Capital, Google Ventures, and Variant,
- Blockaid has accumulated a total of $83 million in funding to date.
Kinto, $20 million
- Kinto has successfully raised $20 million in an undisclosed funding round.
- Supported by Brevan Howard.
- The company’s total funding now stands at $25 million.
Cygnus, $20 million
- Secured $20 million in pre-seed investment
- Supported by Manifold, OKX Ventures, and Mirana
- Developing innovative DeFi and stablecoin solutions
Altius, $11 million
- Altius raised $11 million in pre-seed financing.
- The venture is supported by Founders Fund, Pantera, and Archetype.
Universal Protocol, $9 million
- Universal Protocol secured $9 million in an undisclosed funding round.
- The round was supported by a16z Crypto, Coinbase Ventures, and Four Cities Capital.
Fluent Labs, $8 million
- Fluent Labs has raised $8 million in seed funding
- Supported by investors such as Polychain Capital, Primitive, and M41 Ventures
- The initiative focuses on developing L2 infrastructure
Mansa, $7 million
- Mansa secured $7 million in an undisclosed funding round.
- The company is working on developing DeFi payment solutions.
- Earlier in February, Mansa raised $10 million.
Primus Labs, $6.50 million
- Primus Labs secured $6.50 million in seed funding.
- The funding was supported by Dispersion Capital, Symbolic Capital, and VanEck.
Notable crypto VC funding rounds < $5 million
- Yield Basis raised $5 million, achieving a $50 million FDV for its AMM and yield tools.
- Acre secured $4 million with a $90 million FDV to advance Bitcoin DeFi.
- WalletConnect raised $4 million through a public sale, reaching a $200 million FDV.
- Mansa secured $3 million in pre-seed funding.
- Maestro raised $3 million in seed funding.
- AMMO raised $2.5 million to support AI infrastructure development.
- Infinity Ground, Fomo, and ResearchHub each raised $2 million.
- Nil Foundation and Mu Digital each secured $600,000 in public sales.
- Form Network raised $306,500, reaching a $306.5 million FDV.
- Forkast secured $100,000 with a $0.04 FDV.
- RICH raised $50,000 for data privacy solutions.