27 projects raise $193.8 million VOOX raises $50 million

Organized by: Golden Finance

This week, 27 blockchain startups raised a total of $193.8 million in funding.

Biggest funding round of the week

VOOX raised $50 million in a funding round from Pinnacle Venture Capital.

VOOX is an artificial intelligence-driven trading platform that provides users with trading channels for multiple cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP). The platform leverages artificial intelligence to enhance the trading experience, providing personalized insights and tools to help users make informed decisions in the ever-changing cryptocurrency market.

Angel and seed round financing

Rena Labs raised $3.3 million in a pre-seed funding round from Paper Ventures*, Lightspeed Faction, Eterna Capital, Lyrik Ventures, Mapleblock Capital, Selini Capital and Keyrock.

Rena Labs is a verifiable AI platform based on the Trusted Execution Environment (TEE) abstraction stack, enabling the development of autonomous and secure AI systems. Its TrustEE middleware forms the foundation for on- chain infrastructure supporting verifiable AI applications across multi-modal language models, AI agents, decentralized finance (DeFi), games and social platforms.

Sundial (Onflow) has raised an undisclosed amount in a pre-seed funding round from Figment Capital*, Coinbase Ventures, Daedalus, Avalanche and Nonce Classic.

Sundial is a zero-knowledge (ZK)-based on-chain passport solution that enables secure and cost-effective KYC verification for decentralized exchanges (DEX). It leverages zero-knowledge technology to verify user credentials without sharing excessive or sensitive data, thereby enhancing compliance while protecting privacy. Sundial is also developing Onflow, a leading privacy-respecting identity protocol designed to revolutionize secure identity management.

ZKcandy raised $4 million in a Seed funding round from Wemix, Animoca Ventures, The Spartan Group, Presto Labs, Flowdesk, Lecca Ventures and Efficient Frontier.

ZKcandy is a layer-2 (L2) blockchain solution tailored for gaming and entertainment applications. Developed by iCandy Interactive and Matter Labs, it utilizes zero-knowledge proof technology to increase transaction speed and reduce fees, thereby providing a scalable and efficient platform for Web3 gamers and developers.

Other funding rounds

Derive (formerly Lyra) raised an undisclosed amount from Maelstrom in a funding round.

Derive is a decentralized protocol designed to create programmable on- chain options, perpetual contracts and structured financial products. It is built on Derive L2, an Ethereum rollup on the OP Stack and is managed by DAO with a modular architecture to support flexible upgrades. The protocol uses sub-accounts, assets and administrators to ensure efficient trade execution, risk management and liquidity optimization. With support for perpetual futures, European options and wrapped ERC20 assets, Derive enables users to participate in decentralized trading and lending markets while improving capital efficiency and security.

Privasea raised $5.3 million in a Series A funding round from GSR Markets LTD, Amber Group and Echo.

Privasea AI Network is a solution to the challenges of data privacy in artificial intelligence. It combines fully homomorphic encryption with blockchain-based incentives to revolutionize machine learning inference, enhance privacy, and facilitate collaborative AI computing while ensuring users a secure and private AI computing experience.

BAD Coin raised $1.3 million in a public funding round.

BAD Meme is an AI-driven project on the BNB chain that uses intelligent agents to enhance trading, market analysis and Web3 interaction. Its decentralized peer-to-peer cryptocurrency BADcoin uses a multi-chain architecture (SHA, Scrypt, Groestl, Skein, and Yescrypt) to democratize mining, ensuring that both high-end and low-end devices can participate fairly while inhibiting large-scale mining operations.

Aligned Layer has raised $1 million in funding from investors in a public funding round.

Aligned Layer is a universal verification layer designed for Ethereum, enhancing its ability to perform zero-knowledge SNARK proofs. Aligned Layer was developed on EigenLayer to make Ethereum a more efficient and cost- effective SNARK verification platform by leveraging re-staking and proof aggregation. The program supports the development of various zero-knowledge technologies and aims to expand Ethereum’s utility and support a future of trustless applications with enhanced security and verifiability.

Starpower has raised $2.5 million in a funding round from Framework Ventures*, Solana Ventures and Bitscale Capital.

Starpower is a decentralized energy network that connects various energy devices to improve energy efficiency and reduce system volatility, solving a major bottleneck in the global energy transition. Similar to how Uber aggregates vehicles, Starpower connects equipment such as air conditioners, water heaters, electric vehicles and energy storage batteries to form a network that enables applications such as virtual power plants, demand response and energy data monetization. Users can earn $STAR tokens by integrating their devices, thereby promoting active participation in global environmental initiatives.

The Go! Project has raised an undisclosed amount in a funding round from Alphabit, Animoca Brands, P2 Ventures (Polygon Ventures), Sequoia Capital, Lightspeed, IBC Group, Open Custody Protocol and IoTeX.

The Go! Project is a decentralized Layer 1 AI ecosystem designed to enable instant asset tokenization for individuals and businesses. By enabling seamless tokenization, it aims to create a transparent and efficient flow of value within the digital economy.

0G Labs raises $32.2 million in public equity financing round.

0G.ai has launched the first modular AI chain, aiming to revolutionize AI decentralized applications (dApps) with its infinitely scalable, programmable data availability (DA) layer. It provides a unique frictionless development environment that leverages Web3 modular infrastructure and advanced tools to unlock the full potential of Web3.

Superseed raises $4.5 million in public equity financing round.

Superseed is an Ethereum Layer 2 blockchain with an automated loan repayment system. Its CDP lending protocol dedicates all platform fees to repaying user debt, while its over-collateralized stablecoin ensures stability. Open source and scalable, Superseed revolutionizes decentralized finance (DeFi) with innovative, debt-free financial tools.

Ooga Booga raised $1.5 million in a strategic funding round involving Primal Capital*, CitizenX Crypto Ventures, Quantstamp, Rubik VC, Aquanow (AQN), ViaBTC Capital, Smape Capital, NxGen, Nayt Technologies, TempleDAO, ATKA, Blocmates.

Ooga Booga is a decentralized trading aggregator built on Berachain, designed to help traders find the most cost-effective cryptocurrency exchanges across exchanges. It is Berachain’s native liquidity aggregator, improving the efficiency and accessibility of decentralized trading on the platform.

Alpen Labs raised $8.5 million in a strategic funding round involving DBA , Cyber ​​Fund , Ribbit Capital, Castle Island Ventures, Geometry, Mirana Ventures, Credibly Neutral, Hasu, Nathan McCauley, John Adler, and Uma Roy.

Alpen Labs is a Bitcoin-based financial infrastructure leveraging zero- knowledge (ZK) cryptography to expand global financial access and enhance personal autonomy. By building a modular aggregation layer on top of Bitcoin, Alpen Labs aims to anchor applications to Bitcoin’s security fabric, leveraging its scalability and security features. This initiative not only leverages Bitcoin’s native asset, but also contributes to an inclusive financial future, highlighting the importance of simplicity and trust in a high-stakes environment.

SoSoValue raised $15 million in Series A funding round from HongShan (formerly Sequoia China)*, Mirana Ventures, SafePal, SmallSpark.

SoSoValue is a financial research platform for cryptocurrency investors, providing high-quality macro market information to enhance investment research. It has an AI-based classified news and research system that connects macroeconomic data with cryptocurrency markets for more informed decisions.

Xterio raises $300,000 in public equity financing round.

Xterio is a free-to-play and owned game developer and publisher founded by gaming industry veterans. Its mission is to create deep and rich gaming experiences that are driven by player ownership.

Primex Finance raises $50,000 in public equity financing round.

Primex Finance is a decentralized premium brokerage liquidity protocol for DEX-agnostic cross-margin trading.

FuzzLand raised an undisclosed amount in an M&A funding round with participation from Solayer.

FuzzLand is an open source project dedicated to developing innovative smart contract security tools that leverage AI-driven fuzz testing and formal verification to accurately analyze smart contracts. Their vision is to build a comprehensive distributed computing network for smart contract analysis, aiming to solve the problem of lack of security infrastructure in Web3 through low-cost, high-precision solutions such as ItyFuzz. FuzzLand is committed to advancing Web3 security, and its cutting-edge tools, including the Blaz platform, are designed to identify vulnerabilities in real time and provide low-cost, high-precision solutions for the blockchain ecosystem.

Yiedl raised $735,000 in a funding round that included Ocean Protocol, Trevor McFedries, Bruce Pon, and Ocean Predictor.

Yiedl is a decentralized asset management platform that leverages AI and a global community of data scientists to optimize investment strategies in the decentralized finance (DeFi) space. Through competitive data science models, Yiedl enhances asset allocation and investment decisions, providing users with an AI-driven Web3 investment vault.