Organized by: Jinse Finance

Summary

This week, 29 blockchain startups raised a total of $752.2 million.

This week's largest financing rounds

Riot raised $594.4 million in funding.

Riot is a Bitcoin mining and hosting company based in Texas, with the largest Bitcoin mining facility in North America, leading the industry. By emphasizing the fusion of currency and energy, Riot Blockchain contributes to the growth of Bitcoin's value while advancing energy networks and generation capabilities.

Pre-seed and Seed financing rounds

BitDCA (Littlebit) secured $2 million in pre-seed financing.
BitDCA is a Prague-based platform that simplifies Bitcoin savings through its app Littlebit. The app automates Bitcoin purchases using the dollar-cost averaging (DCA) strategy, allowing users to easily accumulate Bitcoin through daily bank card transactions.

Silencio secured $2.5 million in Seed financing, led by Blockchange Ventures*, Borderless Capital, Master Ventures, Blockchain Founders Fund (BFF), Prosper GmbH & Co. KG, and Advanced Blockchain AG.
Silencio is a community-driven network committed to addressing noise pollution, incentivizing users to provide hyper-local noise data through a free app. As one of the largest citizen science projects globally, Silencio allows users to share ambient noise levels, earn rewards, and monetize data, providing more accurate noise maps for industries such as real estate, hospitality, health, insurance, government, and academia, ultimately aiming to reduce noise pollution and improve quality of life worldwide.

Fraction AI secured $6 million in pre-seed financing, led by The Spartan Group*, Symbolic Capital (formerly Hyperedge Capital)*, Borderless Capital, Anagram, Foresight Ventures, PAKA, MH Ventures, Karatage, Cogitent Ventures, Generative Ventures, Oak Grove Ventures, Mask Network, Next Web Capital, Kosmos Ventures, Builder Capital, Sandeep Nailwal, and Illia Polosukhin.
Fraction AI is a decentralized platform that utilizes blockchain technology to create high-quality labeled datasets for training AI models. By combining human intelligence and autonomous agents, the platform supports the submission, labeling, and validation of various types of data (including text, images, audio, and video) and ensures data quality through a reputation-based consensus mechanism. Contributors and validators are incentivized with FRAC tokens, promoting community ownership and universal accessibility of datasets.

Promeet secured $3.1 million in pre-seed financing.
Promeet is a platform that supports content creators in hosting and monetizing live events, shows, and conferences. Through secure blockchain payments, creators can charge per event or hourly and profit instantly. Promeet supports real-time audience interaction and personalized content promotion, helping creators convert content into revenue.

Juicyway secured $3 million in pre-seed financing, led by P1 Ventures*, Ventures Platform Fund, Future Africa, Magic Fund, and Microtraction.
Juicyway is a financial platform offering multi-currency accounts, seamless currency exchange, and local or international transfer services. The platform supports digital assets like BTC, ETH, and stablecoins, enabling secure transactions, earnings, and withdrawals. Juicyway ensures compliance, transparent fees, and provides API integration for global payment capabilities.

Other financing rounds

DuckChain raised $5 million in funding, with investors including dao5 (daofive), Offchain Labs, Kenetic, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate Labs, Presto Labs, Camelot, and Quantstamp.
DuckChain is the consumer layer of The Open Network (TON), designed to seamlessly connect TON with the global crypto ecosystem and facilitate the transition experience from Web2 to Web3. Leveraging the infrastructure of Arbitrum Orbit, it enhances scalability and interoperability, enabling developers to deploy Ethereum-compatible smart contracts in the TON environment. At the same time, DuckChain launched the Initial Star Offering (ISO) to expand its Web3 capabilities by tokenizing Telegram star users.

Beam raised $250,000 in funding, with investment from DWF Labs.
Beam is a blockchain-based gaming ecosystem running on the Avalanche network, providing tools for game developers to support seamless Web3 integration and offer a community-centered platform for players.

CELL Studio (UTXO Stack) received an undisclosed amount in Series A financing, with investments from UTXO Management, CMS Holdings, and PAKA.
UTXO Stack is a modular Bitcoin Layer 2 blockchain launch platform developed by CELL Studio, supporting developers in creating high-performance, scalable parallel chains while employing Turing-complete smart contracts. By staking first-layer Bitcoin assets like BTC and CKB, it ensures network security while fostering the development of the Bitcoin ecosystem and Layer 2 solutions.

Kettle secured $4 million in funding, with investors including ParaFi Capital*, Zee Prime Capital, Kronos Research, Signum Capital, IOSG Ventures, Puzzle Ventures, OSF, and Gmoney.
Kettle is a peer-to-peer luxury watch trading marketplace that trades based on the full financial value of watches. The platform offers global 24/7 trading access, ensuring all watches are certified, insured, and securely stored in Kettle Vault in New York, providing collectors with a seamless and trustworthy trading experience.

Flock secured $3 million in strategic financing, with investors including Digital Currency Group (DCG)*, Lightspeed Faction, Animoca Brands, Fenbushi Capital, Gnosis DAO, Bas1s Ventures, A41, and GSR Markets LTD.
Flock is developing a privacy-preserving decentralized machine learning platform utilizing federated learning. Its goal is to introduce competitiveness in the field of machine learning through open leaderboards and sponsored training tasks, driving the development of decentralized AI in a community-driven manner.

Derive (formerly Lyra) raised $500,000 in public sale financing.
Derive is a decentralized protocol for creating programmable on-chain options, perpetual contracts, and structured financial products. It is based on Derive L2, an Ethereum rollup built on the OP Stack, and governed by a DAO. The protocol adopts a modular architecture, supporting flexible upgrades while optimizing trading execution, risk management, and liquidity using sub-accounts, assets, and managers.

Plume Network raised $20 million in funding, with investors including Brevan Howard Digital*, HAUN Ventures*, Lightspeed Faction*, and Galaxy Digital*.
Plume Network is a public blockchain designed for the scaling of real-world assets (RWAs), providing full-stack infrastructure for compliant deployment of any asset class. It supports activities such as yield earning, lending trades, and leveraged speculation while integrating compliance measures like KYC and AML.

Lens Protocol secured $31 million in strategic financing, with investors including Lightspeed Faction*, Avail, Alchemy Ventures, and Circle Ventures.
Lens Protocol is a user-owned Web3 social graph based on the Polygon blockchain, aimed at empowering creators and enabling portability of content and connections.

Masa received an undisclosed amount in strategic financing, with investors including Digital Currency Group (DCG)* and FBG Capital.
Masa is building a decentralized zk data marketplace and network, providing a privacy-first decentralized Google for the AI era.

Other startups, such as Hexagate, StablR, BVNK, etc., have also received significant investments in their fields, supporting the diversified development of blockchain technology.

Hexagate received an undisclosed amount in M&A financing, with investment from Chainalysis.
Hexagate is a Web3 security platform that provides real-time threat prevention and risk analysis to protect digital assets and smart contracts from cyber attacks, hacking, and financial risks. Its services cater to protocols, blockchains, asset managers, exchanges, Web3 applications, and wallet providers, preventing financial losses through proactive measures.

StablR received investment from Tether in an undisclosed amount of financing.
StablR is a fintech company that offers an institutional-grade stablecoin platform, allowing businesses to create, manage, and redeem euro-denominated stablecoins (EURR). These stablecoins are fully backed by fiat assets, providing a secure and stable alternative to traditional currency.

BVNK raised $50 million in Series B funding, with investors including HAUN Ventures, Coinbase Ventures, and Tiger Global.
BVNK is a fintech company providing stablecoin payment infrastructure that connects traditional banking systems with blockchain technology to facilitate faster and more efficient global capital flows.

Prometheum raised $20 million in funding.
Prometheum is a blockchain platform aimed at providing issuance, trading, settlement, and custody services for digital asset securities, in compliance with regulatory frameworks. The platform was founded by a group of Wall Street lawyers aiming to connect the traditional financial system with the emerging digital asset market.

Fuel Network raised $4.5 million in public sale financing.
Fuel is a Layer 2 scalable technology designed to provide the world's fastest modular execution layer. As the first optimistic rollup on the Ethereum mainnet, it offers powerful capabilities for blockchain developers through parallel transaction execution and the Fuel virtual machine.

Oasys received investment from Animoca Brands Japan in undisclosed financing.
Oasys is a public blockchain designed specifically for gaming, featuring fast transactions, zero fees, and eco-friendly characteristics. Its unique multi-layer architecture includes a highly scalable Layer 1 and a dedicated Layer 2 for scaling solutions.

Keypom received an undisclosed amount in M&A financing, with investment from Infinex.
Keypom is a platform that simplifies user onboarding and trading on the NEAR blockchain. It distributes assets like NEAR tokens, FT, and NFTs through customizable links, allowing users to experience decentralized applications without needing a wallet beforehand.

Gasp (formerly Mangata Finance) raised $450,000 in public sale financing.
Gasp is a cross-chain trading protocol designed for seamless transfers between Ethereum scaling networks (such as Arbitrum and Optimism) and plans to expand to other blockchains. As a Layer 2 cross-aggregator solution, Gasp uses escape hatches, zero-knowledge proofs, and decentralized orderers to ensure the security and integrity of users' funds.

Omnia Protocol received support from ChainGPT Labs, Castrum Capital, and other investors in an undisclosed amount of financing.
OMNIA provides secure, private RPC infrastructure for DeFi traders, supporting over 70 blockchain networks, including Ethereum, BSC, and Solana. It addresses challenges such as front-running and MEV extraction with cutting-edge protections and real-time trading flows while allowing node operators to earn rewards through performance-based incentives.

Andrena (DAWN) secured $2.5 million in funding, with investment from VanEck.
Andrena is a decentralized wireless internet service provider that revolutionizes broadband access through blockchain technology. It utilizes the Solana blockchain to provide efficient, low-cost high-speed internet services, particularly connecting underserved and remote areas.

Bitdrome secured an undisclosed amount of financing, with investors including BEVM and Michael Egorov.
Bitdrome Finance is a decentralized exchange (DEX) that utilizes Curve's next-generation automated market maker (AMM) technology, serving as a liquidity hub for the Bitcoin ecosystem, allowing users to swap tokens and provide liquidity through Bitdrome's smart contracts.

Mest received an undisclosed amount in M&A financing, with investment from NFTGo.
Mest is a crypto portfolio management platform that offers accounting, analytics, and personalized insights, helping users track holdings, costs, profits, and losses across multiple wallets and exchange accounts. It also supports cross-chain news updates and cross-chain exchange capabilities, enhancing user experience.

DexCheck AI received investment from ChainGPT Labs in an undisclosed amount of financing.
DexCheck is an AI-based analytics platform aimed at enhancing the cryptocurrency and NFT trading experience. It provides real-time data, smart dashboards, and AI-driven insights to help traders make informed decisions. Its core features include token analysis, wallet analysis, and crypto whale tracking while supporting multiple blockchain networks such as Ethereum, BNB Chain, and Solana.

The financing activities of these startups reflect the ongoing growth and innovation of the blockchain ecosystem across multiple sectors, from decentralized finance (DeFi) to gaming, social media, and data privacy technology.