By crypto.news | Created at 2025-01-11 18:05:15 | Updated at 2025-01-11 22:01:37
4 hours ago
The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors.
The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that of the first week’s $88 million.
The week’s activity centered on centralized exchanges, AI integration, and infrastructure development, with projects at different stages drawing capital. Let’s look at the key events per Crypto Fundraising data.
VOOX, $50 million
- Raised $50 million in an unknown round
- The investment was backed by Pinnacle Venture
- VOOX is building an AI-powered trading platform
VOOX Exchange, the AI-driven platform that knows you best, just secured a $50M investment from @VcPinnacle to revolutionize trading. 💡
What does this mean for YOU?
✅ Smarter AI tools to maximize your trades.
✅ Rock-solid security for peace of mind.
✅ A faster, smoother… pic.twitter.com/TjfLGUCRRs
FTX EU, $32.7 million
- FTX EU bagged an M&A deal worth $32.7 million
- The project was acquired by Backpack
- FTX EU is the European arm of the crypto exchange
Backpack has acquired FTX EU and its MiFID II License.
Our first priority is to return all customer EURO funds on behalf of the FTX estate, followed by rolling out a full suite of spot, margin, and futures trading products.
Crypto perps trading is coming back to Europe 🇪🇺 pic.twitter.com/ExxYFufZHj
OG Labs, $32.24 million
- Raised $32.24 million through public sale
- Combining AI with L1 infrastructure
- OG Labs is developing blockchain infrastructure tools
- The project has raised over $107.24 million so far
Eventflo, $20 million
- Eventflo secured $20 million in an unknown round
- The project is backed by Rothman Management
- Eventflo is working on payment solutions, marketing and event operations
SoSoValue, $15 million
- Raised $15 million in Series A with $200 million FDV
- SoSoValue is backed by HongShan, Mirana and SafePal
- The project is building an analytics platform and has raised $19.15 million so far.
https://twitter.com/SoSoValueCrypto/status/1876997896803078208
Notable crypto VC funding rounds under $10 million
- Nakamoto Games raised $10 million for P2E gaming on Polygon (MATIC)
- Alpen Labs secured $8.5 million in strategic funding
- Privasea raised $5.25 million Series A with $180 million FDV
- Superseed gathered $4.47 million through public sale
- ZKcandy secured $4 million in seed funding
- Rena Labs raised $3.3 million in pre-seed funding
- Starpower secured $2.5 million in an unknown round
- Ooga Booga raised $1.5 million in strategic funding
- BAD Coin gathered $1.25 million through public sale with $12.50 million FDV
- Enclave and Aligned Layer each raised $1 million
- Yiedl secured $735,000 in an unknown round
- Xterio raised $300,000 through public sale with $0.04 FDV
- Primex Finance gathered $50,000 through public sale
- Wise Monkey funding amount TBD
