$190m raised, OG Labs secures capital

The second week of 2025 began with FTX EU selling to Backpack for $32.70 million. Total known investments amounted to approximately $189.96 million across various blockchain sectors.

Activity shows a steady flow of capital at the start of the new year. The second week’s funding numbers are nearly $100 million higher than the $88 million in first week.

The week’s activity focused on centralized exchanges, AI integration and infrastructure development, with projects at various stages raising capital. Let’s look at the key events by Crypto Fundraising Data.

VOOX, $50 million

• Raised $50 million in an unknown round
• The investment was supported by Pinnacle Venture
• VOOX is building an AI-powered trading platform

FTX EU, $32.7 million

• FTX EU closes M&A deal worth $32.7 million
• The project was acquired by Backpack
• FTX EU is the European branch of the crypto exchange

OG Labs, $32.24 million

• Raised $32.24 million through public sale
• Combining AI with L1 Infrastructure
• OG Labs develops blockchain infrastructure tools
• The project has raised more than $107.24 million to date.

Eventflo, $20 million

• Eventflo secured $20 million in an unknown round
• The project is supported by Rothman Management
• Eventflo works on payment solutions, marketing and event operations