Crypto VC Funding: 0G Labs secures $40m, StakeStone follows suit with $22M

By crypto.news | Created at 2024-11-16 17:27:48 | Updated at 2024-11-22 14:57:57 5 days ago
Truth

Total crypto venture capital (VC) funding almost tripled last week to hit $120 million, with 0G Labs leading with its $40 million seed raise.

Compared to the previous week, the last seven days saw a considerable surge in both the number of projects that raised funds and the total volume

Crypto.news collected the data from Crypto Fundraising to determine which projects raised the most funds.

0G Labs, $40 million

  • Secured $40 million in seed funding
  • Main investors include Hack VC, Delphi Digital, and OKX Ventures
  • Focuses on AI and L1 infrastructure development
  • 0G Labs raised a total of $75M so far

0G has secured $290M in funding to develop the world’s first decentralized AI Operating System (dAIOS).

This milestone includes a $40M seed round led by @hack_vc and a $250M commitment from the 0G Foundation.

Backed by over 200 industry leaders, including @Delphi_Ventures,… pic.twitter.com/WygaDiGGEP

— 0G Labs (@0G_labs) November 14, 2024

StakeStone, $22 million

  • Raised $22 million in an unknown round
  • Investment led by Polychain Capital and Binance Labs
  • StakeStone offers scalable, yield-optimizing services for Ethereum (ETH) stakers
  • Supported by OKX Ventures among other investors

Wyden, $16.90 million

  • Secured $16.90 million in Series B funding
  • Backed by Truffle Capital and PostFinance
  • Wyden focuses on asset management and trading solutions
  • The firm raised a total of $27.2 million

Notabene, $14.5 million

  • Raised $14.50 million in Series B funding
  • Notabene is an end-to-end compliance platform for helping VASPs.
  • The project has raised $16.39 million so far.

Thrilled to announce that we've raised a Series B led by DRW Venture Capital to accelerate our amazing growth this year!

Just a few highlights:
– 10X growth in transaction volume in the last 12 months, now at half a trillion total 🤯
– 25M+ transactions securely processed
– 85+… pic.twitter.com/ZNEJPHCxnH

— Notabene (@notabene_id) November 12, 2024

Projects Under $10 million

  • Mocaverse (Moca) secured $10 million in an unknown funding round
  • Ennoventure raised $8.9 million in Series A funding
  • Brevis gathered $7.5 million in seed funding
  • TAC secured $6.5 million in seed funding
  • FanDuel (BetHog) raised $6 million in seed funding
  • Eidon secured $3.5 million in their seed round
  • Akave raised $3.45 million in pre-seed funding
  • Tranched gathered $3.4 million in pre-seed funding
  • Folks Finance secured $3.2 million in Series A funding
  • mbd raised $3 million in pre-seed funding
  • Heurist gathered $2 million in pre-seed funding
  • Multiledgers secured $1 million in an unknown round
  • Blast Royale raised $698.88K through a public sale

Check out last week’s crypto VC funding data from here.

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