$161m floods startups as prices sway

Crypto VC funding: Binance secures $2b, World Liberty Financial scores $250m


The venture of venture capital for cryptographic startups shows signs of resilience despite wider market turbulence. This week, at least 15 companies on different ecosystem sections have obtained new funding.

According to Crypto fund collection dataThe last week of May ended with $ 161.1 million in cryptographic financing activity. Twenty one, a new Bitcoin cash flow company, has collected a huge $ 100 million; Driver Pay won $ 36 million to extend its crypto-native banking services; And Donut, a newcomer to handling artificial intelligence, obtained $ 7 million in a pre-series round.

The wave of agreements highlights the condemnation of investors in the long -term potential of the crypto, even if the prices of the assets border. The investment towers vary from pre-series at the stages of the A series. Here is a complete ventilation of the cryptographic financing developments this week.

Twenty one, $ 100 million

  • Lifted $ 100 million in an unknown lap
  • Twenty one focuses on improving bitcoin (BTC) Adoption

Salary of conduits, $ 36 million

  • Drive Pay obtained $ 36 million in a series A
  • The investment was supported by Dragonfly, Ribbit Capital and Sound Ventures

Donut labs, $ 7 million

  • Donut raised $ 7 million in a pre-series lap to build a cryptographic navigator powered by AI.
  • Donut investors include Bitkraft, Hack VC and Hongshan

Cash beam, $ 7 million

  • Beam gathered $ 7 million In an unknown tower
  • The investment was supported by Castle Island Ventures, Archetype and Bankless Ventures
  • The project has collected $ 14 million so far

City of cooking, $ 7 million

  • Kitchen city lifted $ 7 million In an unknown tower
  • Investors include Jump Capital, CMT Digital and Mirana Ventures

$ 5 million projects

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