The third week of February saw major investments in security and infrastructure, with Blockaid leading the way with a $50 million Series B round.
The week’s funding totaled over $150 million, with security, DeFi, and infrastructure projects leading the funding as per Crypto Fundraising data.
Blockaid, $50 million
- Raised $50 million in Series B funding
- The project is backed by Ribbit Capital, Google Ventures and Variant
- Blockaid has raised a total of $83 million so far
Kinto, $20 million
- Kinto has secured $20 million in an unknown round
- Backed by Brevan Howard
- Kinto has raised a total of $25 million
Cygnus, $20 million
- Raised $20 million in pre-seed funding
- Cygnus is backed by Manifold, OKX Ventures, and Mirana
- The project is creating DeFi and stablecoin solutions
Altius, $11 million
- Altius secured $11 million in pre-seed funding
- The project is backed by Founders Fund, Pantera, and Archetype
Universal Protocol, $9 million
- Universal Protocol raised $9 million in an unknown round
- Backed by a16z crypto, Coinbase Ventures, and Four Cities Capital
Fluent Labs, $8 million
- Fluent Labs secured $8 million in seed funding
- Backed by Polychain Capital, Primitive, and M41 Ventures
- The project is creating L2 infrastructure
Mansa, $7 million
- Mansa raised $7 million in an unknown round
- The project is developing DeFi payment solutions
- Mansa has raised $10 million in February
Primus Labs, $6.50 million
- Primus Labs raised $6.50 million in seed funding
- Backed by Dispersion Capital, Symbolic Capital, and VanEck
Notable crypto VC funding rounds < $5 million
- Yield Basis raised $5 million with $50 million FDV for AMM and yield tools
- Acre secured $4 million with $90 million FDV for Bitcoin DeFi
- WalletConnect gathered $4 million through public sale with a $200 million FDV
- Mansa raised $3 million in pre-seed funding
- Maestro secured $3 million in seed funding
- AMMO raised $2.5 million for AI infrastructure
- Infinity Ground, Fomo, and ResearchHub each gathered $2 million
- Nil Foundation and Mu Digital each secured $600,000 through public sales
- Form Network raised $306,500 with $306.5 million FDV
- Forkast secured $100,000 with $0.04 FDV
- RICH raised $50,000 for data privacy solutions
