Organized by: Golden Finance

Summary

This week, 29 blockchain startups collectively raised $752.2 million.

This week's largest funding round

Riot secured $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 integration of currency and energy, Riot Blockchain helps drive the value of Bitcoin while advancing energy networks and generation capabilities.

Pre-seed and Seed funding rounds

BitDCA (Littlebit) raised $2 million in Pre-seed funding. BitDCA is a Prague-based platform that simplifies Bitcoin savings through its application Littlebit. The app automates Bitcoin purchases via a Dollar Cost Averaging (DCA) strategy, allowing users to easily accumulate Bitcoin through everyday card transactions.

Silencio raised $2.5 million in Seed funding, 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 aimed at addressing noise pollution issues, incentivizing users to provide hyper-local noise data through a free application. As one of the largest citizen science projects globally, Silencio allows users to share surrounding sound levels, earn rewards, and monetize data, ultimately aiming to reduce noise pollution and improve global quality of life for industries such as real estate, hospitality, health, insurance, government, and academia.

Fraction AI raised $6 million in Pre-seed funding, 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 uses blockchain technology to create high-quality annotated datasets for training AI models. By combining human intelligence and autonomous agents, the platform supports the submission, labeling, and verification of various data types (including text, images, audio, and video) while ensuring 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 raised $3.1 million in Pre-seed funding. Promeet is a platform that enables content creators to host and profit from live events, performances, 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 turn content into revenue.

Juicyway raised $3 million in Pre-seed funding, led by P1 Ventures*, Ventures Platform Fund, Future Africa, Magic Fund, and Microtraction. Juicyway is a financial platform that offers 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 funding rounds

DuckChain raised $5 million, 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 consumption layer of The Open Network (TON), aiming to seamlessly connect TON with the global crypto ecosystem and facilitate the transition experience from Web2 to Web3. With the infrastructure of Arbitrum Orbit, it enhances scalability and interoperability, allowing developers to deploy Ethereum-compatible smart contracts within the TON environment. Additionally, DuckChain launched the Initial Star Offering (ISO), extending its Web3 capabilities through tokenizing Telegram star users.

Beam raised $250,000, with DWF Labs as the investor. Beam is a blockchain-based gaming ecosystem running on the Avalanche network, providing tools for game developers, supporting seamless Web3 integration, and offering a community-centered platform for players.

CELL Studio (UTXO Stack) raised an undisclosed amount in Series A financing, backed by 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 Bitcoin Layer 1 assets like BTC and CKB, it ensures network security while promoting the development of the Bitcoin ecosystem and Layer 2 solutions.

Kettle raised $4 million, 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 market that trades based on the full financial value of the watches. The platform provides 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 raised $3 million in strategic funding, 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 decentralized machine learning platform that leverages federated learning for privacy protection. Its goal is to introduce competitiveness in the machine learning field 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 managed by a DAO. The protocol features a modular architecture that supports flexible upgrades while optimizing trade execution, risk management, and liquidity using sub-accounts, assets, and managers.

Plume Network raised $20 million, with investors including Brevan Howard Digital*, HAUN Ventures*, Lightspeed Faction*, and Galaxy Digital*. Plume Network is a public blockchain designed for scaling 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 raised $31 million in strategic funding, with investors including Lightspeed Faction*, Avail, Alchemy Ventures, Circle Ventures, among others. Lens Protocol is a user-owned Web3 social graph based on the Polygon blockchain, aimed at empowering creators and achieving portability of content and connections.

Masa raised 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 to provide 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 diverse development of blockchain technology.

Hexagate received an undisclosed amount in M&A financing, backed by Chainalysis. Hexagate is a Web3 security platform providing real-time threat prevention and risk analysis to protect digital assets and smart contracts from cyberattacks, 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 in a funding round. StablR is a fintech company that provides an institutional-grade stablecoin platform, allowing businesses to create, manage, and redeem stablecoins pegged to the Euro (EURR). These stablecoins are fully backed by fiat assets, offering a secure and stable alternative to traditional currencies.

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. Prometheum is a blockchain platform designed to provide issuance, trading, settlement, and custody services for digital asset securities, compliant 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 scalability technology designed to provide the fastest modular execution layer globally. 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 environmentally friendly characteristics. Its unique multi-layer architecture includes a highly scalable layer and a second layer dedicated to scaling solutions.

Keypom received an undisclosed amount in M&A financing, backed by Infinex. Keypom is a platform that simplifies user onboarding and transactions on the NEAR blockchain. It allows users to experience decentralized applications without needing a wallet beforehand by distributing assets like NEAR tokens, FT, and NFT through customizable links.

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

Omnia Protocol received support from ChainGPT Labs, Castrum Capital, and other investors in undisclosed financing. OMNIA offers 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 through cutting-edge protection and real-time transaction flow while allowing node operators to earn rewards through performance-based incentives.

Andrena (DAWN) raised $2.5 million, with VanEck as the investor. Andrena is a decentralized wireless internet service provider that aims to revolutionize broadband access through blockchain technology. It leverages the Solana blockchain to provide efficient, low-cost high-speed internet services, particularly connecting underserved and remote areas.

Bitdrome received undisclosed funding, with investors including BEVM and Michael Egorov. Bitdrome Finance is a decentralized exchange (DEX) utilizing 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, backed by NFTGo. Mest is a crypto portfolio management platform that provides accounting, analytics, and personalized insights to help users track their holdings, costs, gains, and losses across multiple wallets and exchange accounts. It also supports cross-chain news updates and cross-chain swapping features to enhance user experience.

DexCheck AI received investment from ChainGPT Labs in undisclosed 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. Core features include token analysis, wallet analysis, and crypto whale tracking, while supporting multiple blockchain networks such as Ethereum, BNB Chain, and Solana.

The funding activities of these startups reflect the ongoing growth and innovation within the blockchain ecosystem across various fields, from decentralized finance (DeFi) to gaming, social media, and data privacy technologies.