Crypto Startups Attract Healthy Funding Amid Market Uncertainty
Crypto startups are making waves and attracting venture capital despite the wobbly market. Last week, 15 firms netted fresh cash, signaling strong investor interest. Crypto Fundraising reports a total of $161.1 million invested by the week’s end.
Twenty One, a Bitcoin-focused company, topped the list wiht a whopping $100 million in funding. It aims to boost Bitcoin adoption. Conduit Pay, a crypto banking service, also attracted $36 million in Series A funding, backed by big names like Dragonfly and ribbit capital.
Donut Labs, an AI-powered crypto browser developer, grabbed $7 million in a pre-seed round.Beam Cash and Cooking City each secured $7 million too, with various backers supporting them.
Various other projects raised less than $5 million.Rumi, Oncade, and Naoris Protocol saw funding ranging from $4.7 million to $3 million. Asigna, another startup, landed $3 million in seed funding.
the diverse investment rounds, from pre-seed to Series A, indicate crypto’s enduring appeal. For a complete view, check out Crypto Fundraising data.
