As a seasoned analyst with over two decades of experience in the tech and finance industries, I have witnessed countless milestones and developments that have shaped the digital landscape. This week’s crypto venture capital funding activity has caught my attention, primarily due to the significant increase in investments compared to the previous week.
December kicked off with Public securing a $135 million Series D investment.
This week’s cryptocurrency venture capital funding is nearly three times greater than the $90 million raised last week, amounting to approximately $250 million in total this week. The pattern of investment this week indicates a strong focus on infrastructure development and integration of financial services within the blockchain industry, with investments being made across various sectors totaling over $220 million.
Crypto.news compiled data from Crypto Fundraising to highlight the companies that received the largest amounts of funding within this time frame.
Public, $135 million
- Secured $135 million in Series D funding
- The project is developing a comprehensive trading platform with NFT integration
- Public has raised a total of $446 million so far
Today, we’re announcing a $135M capital raise, once again led by @Accel
— Public (@public) December 2, 2024
Union Labs, $12 million
- Raised $12 million in Series A funding
- Backed by Gumi Cryptos, LongHash Ventures, and Borderless
- The project specializes in infrastructure development
- Union Labs has raised $16 million so far
Union Labs is excited to share the news of completing a $12 million Series A funding round, with Gumi Cryptos and LongHash Ventures taking the lead. This brings their total accumulated funds to $16 million.
— Union (@union_build) December 3, 2024
Spexi, $11.50 million
- Secured $11.50 million in Series A funding
- Supported by BlockChange, Moonboots, and Protocol Labs
- Building AI-powered data service infrastructure
🔥Exciting News from Spexi: Series A Fundraising Announcement🔥
— Spexi (@SpexiNetwork) December 5, 2024
Notable crypto VC funding rounds under $10 million
- Brighty raised $10 million in an unknown round for finance and payment solutions
- Interlace secured $10 million in Series B funding
- Earos gathered $10 million in pre-seed funding for AI and AR/VR infrastructure
- BLIFE Protocol raised $7 million in an unknown round
- Suilend secured $6 million in an unknown round
- Midas and The Binary Holdings each raised $5 million
- Fiamma gathered $4 million in seed funding
- Sekai and Anzen each secured $3 million
- SuperFi Labs raised $2.50 million in Series A
- DeFi App secured $2 million in seed funding with $100 million fully diluted valuation
- OpenPad raised $2 million in seed funding
- Scrypted gathered $1.50 million in pre-seed funding
- Ancient8 secured $1.23 million through grants
- LSP Finance and Dechat each raised $1 million
- Redbelly Network secured $600,000 in a public sale
Read more about last week’s crypto VC funding data here.
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2024-12-07 20:10