AI, Blockchain, and Fintech Startups Secure Major Funding
This week, several startups at the intersection of AI, blockchain, and fintech announced significant funding rounds.Codex led the pack, securing $15.8 million in a seed round led by Dragonfly Capital. Coinbase, Circle, Cumberland, Wintermute, and Selini Capital also participated.
Ultra, a Luxembourg-based multi-family office, received backing from NOIA Capital. The investment comes after the appointment of Gus van Rijckevorsel as CEO. The9 limited, a cryptocurrency investment firm, raised $8 million through private placements with Elune Capital, Fine Vision Fund, and Bripheno Pte. Ltd.
Ambient, an AI and blockchain project, raised $7.2 million. It uses a Bitcoin-like proof-of-work mechanism for security and a Solana-style architecture for speed. Cambrian Network, a decentralized AI finance protocol, secured $5.9 million in a seed round led by a16z’s Crypto startup Accelerator.
Mahojin, an AI and blockchain integration project, raised $5 million in a Series A round. Momentum,an early-stage startup,also raised $5 million to automate collaboration between sales teams and organizations.
Other notable crypto VC funding rounds under $5 million include the Fragmetric token sale, Collecto’s luxury investment platform, and Hana Network’s hyper-casual finance platform. Bloctopus, StakeStone, and BAI Fund each raised $1 million in seed rounds.