In the final week of December 2024, Beam raised $72 million through a public sale. Crypto Fundraising data highlighted gaming and infrastructure as key focus areas.
Weekly investments totaled nearly $120 million, down from $400 million the previous week. Avalanche Labs led last week with a $250 million raise. Here’s a look at the other notable investments closing out 2024.
Beam, $72 million
Raised $72 million through public sale
The project focuses on Avalanche ecosystem development
Over 27,000 node tokens mintedWith @BuildOnBeam successfully becoming the first permissionless Avalanche L1, utilizing node sales, have they shown web3 the blueprint to L1 decentralization?Join Avalanche Spaces 12/23 at 3p ET for the answer to this and more Set reminder👇 pic.twitter.com/qk5foUeaLV
— Avalanche9000 🔺 (@avax) December 20, 2024
ChainOpera AI, $17 million
The startup, specializing in AI integration for Layer 1 solutions, secured $17 million in seed funding
Finality, Road Capital, and IDG Capital are among its backers
Supported by 13 additional strategic investors
ChainOpera AI Brings Funding to $17M to Build Blockchain L1 and AI OS for AI Agents https://t.co/1HonqmVddH
— ChainOpera AI (@ChainOpera_AI) December 26, 2024
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Trrue Chain, $10 million
Trrue Chain raised $10 million in private funding
Gem Digital is backing the project
It focuses on Layer 1 infrastructure
🔥 @Trrueio receives a $10M investment commitment from GEM Digital #Trrue secures a $10M investment commitment from #GEMDigital to accelerate the development of blockchain technology with a focus on sustainability and regulatory compliance. Trrue will utilze secured funds… pic.twitter.com/InZdXviKl9
— PHOENIX – Crypto News & Analytics (@pnxgrp) December 24, 2024
Avalon Labs, $10 million
Secured $10 million in Series A funding to build on Bitcoin and Merlin Chain ecosystems
Supported by Framework, Kenetic, and SNZ
Avalon Labs raises $10M to grow its bitcoin-based stablecoin https://t.co/8UUkKceX2R
— SiliconANGLE (@SiliconANGLE) December 23, 2024
Usual Labs, $10 million
Raised $10 million in Series A funding; $18.5 million total
Backed by Binance Labs, Kraken Ventures, and Galaxy
Usual Labs is building the USD0 stablecoin
We are pleased to announce that Usual has closed a $10M Series A funding round, led by @BinanceLabs and @KrakenVentures.Together, we’re building the foundation for a Stablecoin Renaissance. pic.twitter.com/WlCMb2lb63
— Usual (@usualmoney) December 23, 2024
Notable crypto VC funding rounds under $10 million
Nodepay secured $7 million for AI infrastructure development
Swan Chain (ex Fi1Swan) raised $2 million for zero-knowledge and DePIN solutions
RuneMine gathered $2 million for Bitcoin and Solana ecosystem development
The Grid secured $624,000 in angel funding for Solana analytics
Easeflow funding amount TBD, focusing on DePIN infrastructure
This final week of 2024 showed the blockchain gaming sector’s growing importance, with Beam’s substantial public sale showing strong retail interest in gaming infrastructure.
Check out last week’s crypto VC funding data here.
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