When Crypto VCs Aren’t Funding Your Cat Videos ๐Ÿ˜ผ: Flowdesk, DoubleZero & More ๐Ÿ’ฐ

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. ๐ŸŒŠ

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. ๐Ÿƒ 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! ๐ŸŽ‰

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 willโ€ฆ

โ€” 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

Across is proud to announce a successful raise of $41M in a strategic token sale led by Paradigm (@paradigm)

With participation from Bain Capital Crypto (@BainCapCrypto), Coinbase Ventures (@cbventures), Multicoin Capital (@multicoincap), and Sina Habinian (@sinahab)

โ€” Across (@AcrossProtocol) March 4, 2025

DoubleZero, $28 million

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

001/ Weโ€™re thrilled to announce that DoubleZero Foundation has completed a $28 million token round co-led by @MulticoinCap and @dragonfly_xyz, with participation from @FoundationCap, @recvcx, @dba_crypto, @borderless_cap, @Superscrypt, @_Frictionless_ and others to build a new,โ€ฆ

โ€” DZ (@doublezero) March 6, 2025

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

Validation Cloud’s Co-Founder and Chief Strategy Officer @anwaka shares how our $15M Series A raise will support Validation Cloud’s mission to expand the GDP of Web3๐Ÿš€

Learn more from @Cointelegraph:

โ€” Validation Cloud (@ValidationCloud) March 6, 2025

Infrared, $14 million

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

We’re excited to announce our $14M Series A fundraise led by @hiFramework.

โ€” Infrared (@InfraredFinance) March 4, 2025

UniLive, $10 million

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

Dear UniLive family โ™พ

We are here to share a great news๐Ÿ™Œ 10M USD strategic financing has been completed๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰

Fully funded by Airlevate Investment with HQs in Singapore, the funds will be used for AI technology innovation ๐Ÿค– and platform security upgrade ๐Ÿ”’, comprehensivelyโ€ฆ

โ€” UniLive (@UniLive_Web3) March 4, 2025

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

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2025-03-08 18:30