When Crypto VCs Aren’t Funding Your Cat Videos 😼: Flowdesk, DoubleZero & More 💰

As the first week of March unfurled like a particularly well-funded Persian cat, Flowdesk made headlines by raking in a cool $52 million in a Series B round. Yes, you read that right, $52 million! And who was leading this parade of financial largesse? None other than BlackRock, the behemoth of asset management, whose pockets seem as deep as the Mariana Trench. 🌊

Now, one might think, “What does this mean for the crypto world?” Well, my dear reader, it means we’re swimming in a sea of green. 🍃 The total funding for the week surpassed $230 million, with education, infrastructure, and DePIN solutions luring in investors from both the traditional and crypto realms. It’s a veritable crypto-funding fiesta! 🎉

Flowdesk, $52 million

• Raked in $52 million in Series B funding
• Backed by BlackRock, HV Capital, and Eurazeo
• Total raised so far: $132 million

Flowdesk announces a $52M extension to the Series B funding round, led by @HV_Capital with @BlackRock, alongside the continued support of existing investors Eurazeo, Cathay Innovation, and ISAI. This brings the total Series B funding to $102M.

Additional capital raised will…

— Flowdesk (@flowdesk_co) March 4, 2025

National Cryptocurrency Association, $50 million

• NCA secured $50 million in grants
• Ripple, the XRP aficionado, was behind this investment
• Focus: Crypto education initiatives and building educational infrastructure

Across Protocol, $41 million

• Across Protocol raised $41 million in an unknown round
• Paradigm, Rain Capital Crypto, and Coinbase Ventures were among the backers
• Total raised so far: $51 million

DoubleZero, $28 million

• Secured $28 million in an unknown round with $400 million FDV
• Developing decentralized physical infrastructure

Validation Cloud, $15 million

• Validation Cloud raised $15 million in Series A funding
• Backed by Cadenza, among others
• Total raised so far: $30.8 million

Infrared, $14 million

• Infrared secured $14 million in Series A funding
• Building DeFi staking on Berachain
• Total raised so far: $16.5 million

UniLive, $10 million

• UniLive raised $10 million in strategic funding
• Backed by Arkverse Investment
• A social network platform

August Digital, $10 million

• Secured $10 million in Series A funding
• Backed by Dragonfly, SV, and V.
• Building asset management on DeFi

Notable crypto VC funding rounds < $10 million

• Seismic raised $7 million in seed funding for privacy infrastructure
• Fastlane Labs secured $6 million for MEV on Polygon
• Galaxis gathered $5 million for NFT marketplace
• Coral Finance raised $3 million in angel funding for derivatives trading
• iAgent Protocol secured $3 million for AI gaming on DePIN
• Fortytwo Network raised $2.30 million for AI infrastructure
• Sati gathered $600,000 for payment infrastructure
• Magpie Protocol secured $500,000 through public sale with $40 million FDV
• Combinder raised $500,000 in pre-seed with $10 million FDV

Read More

• Nadaaniyan song Galatfehmi OUT: Ibrahim Ali Khan, Khushi Kapoor’s heartbreaking separation in love will leave you emotional
• Pop-Tarts and Krispy Kreme Kick Off 2025 With Collaborative Menu
• Cookie Run Kingdom Town Square Vault password
• Alec Baldwin’s TLC Reality Show Got A Release Date And There’s At Least One Reason I’ll Definitely Be Checking This One Out
• The First Trailer for The Weeknd’s ‘Hurry Up Tomorrow’ Film Is Here
• Rick Owens Gives RIMOWA’s Cabin Roller a Bronze Patina
• JJJJound’s Made in Germany adidas Superstars Drop This Week
• Lars Eidinger on Berlin Opener ‘The Light’: “We, the Privileged Wealthy, Are the Problem”
• Ryan Gosling’s Star Wars Movie Here’s Everything We Know
• ‘The Last of Us’ Gets Season 2 Premiere Date

2025-03-08 18:30