Gaming, AI, infrastructure capture $120m
In the last week of December 2024, Beam raised $72 million through a public sale. Data from Crypto Fundraising highlighted gaming and infrastructure as key focus areas.
Weekly investments totalized nearly $120 million, compared to $400 million the previous week. Avalanche Labs led last week with a $250 million raise. Here’s a look at other notable investments closing out 2024.
Beam, $72 million
- Raised $72 million through public sale
- The project focuses on the development of the avalanche ecosystem
https://twitter.com/avax/status/1870148194350358841
ChainOpera AI, $17 million
- The startup, which specializes in integrating AI for layer 1 solutions, has secured $17 million in seed funding.
- Finality, Road Capital and IDG Capital are among its backers
- Backed by 13 additional strategic investors
Real chain, $10 million
- Trrue Chain raised $10 million in private funding
- Gem Digital supports the project
- It focuses on layer 1 infrastructure
https://twitter.com/pnxgrp/status/1871557413666430998
Avalon Labs, $10 million
- Secured $10M Series A Funding to Build on Bitcoin and Merlin Chain Ecosystems
- Supported by Framework, Kenetic and SNZ
Usual Labs, $10 million
- Raised $10 million in Series A funding; $18.5 million total
- Backed by Binance Labs, Kraken Ventures and Galaxy
- Usual Labs builds the USD 0 stablecoin
Notable crypto VC funding rounds under $10 million
- Nodepay secured $7 million for AI infrastructure development
- Swan Chain (formerly Fi1Swan) raised $2 million for zero-knowledge and DePIN solutions
- RuneMine raised $2 million for the development of the Bitcoin and Solana ecosystems
- The Grid Secures $624,000 in Angel Funding for Solana Analytics
- Easeflow funding amount to be determined, focusing on DePIN infrastructure
This final week of 2024 showed the growing importance of the blockchain gaming sector, with Beam’s major public sale demonstrating strong retail interest in gaming infrastructure.
Check out last week’s crypto Venture capital funding data here.
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