Gambling and artificial intelligence (AI) solutions took center stage in crypto funding, with both Monkey Tilt and Canaan Creative securing $30 million each in the third week of November.
Total investments surpassed $125 million across various sectors. This is slightly higher than last week’s total of $120 million raised.
Crypto.news analyzed data provided by Crypto Fundraising to identify the top-performing projects in terms of capital raised.
Monkey Tilt, $30 million
- Raised $30 million in Series A funding for a total of $51 million
- Backed by Pantera, Hack VC, and Polychain Capital
- Focusing on gambling and P2E gaming development
Canaan Creative, $30 million
- Secured $30 million in an unknown round
- The project develops AI and infrastructure solutions
- Canaan Creative raised $73 million in total
JUST IN: Canaan Creative secures $30m in Private Equity funding to revolutionize blockchain and AI technology, making them a formidable player in the infrastructure sector.
— Coin.News by BabyDoge (@CoinDotNews) November 22, 2024
Deblock, $16.81 million
- Raised $16.81 million in seed funding
- Deblock specializes in payment and wallet solutions
- The project is backed by Headline and Hoxton Ventures
- The firm raised a total of $28.81 million.
Noble, $15 million
- Secured $15 million in Series A funding
- The firm is building infrastructure for Cosmos ecosystem
- Supported by Paradigm and Polychain Capital
- Raised $18.3 million so far
Bitfinity, $12 million
- Raised $12 million in an unknown round
- The project is developing L2 solutions for Bitcoin (BTC) ecosystem
- Bitfinity raised $19 million so far
- Backed by Polychain Capital and other investors
— Bitfinity Network (@bitfinitynet) November 21, 2024📣Bitfinity is backed by top-tier partners and is set to redefine the future of blockchain.🌐
This incredible journey wouldn’t have been possible without the unwavering support of our visionary investors: ParaFi Capital, Draft Ventures, Dfinity, Liquity, Dokia Capital, Warburg… pic.twitter.com/KU9ys99rJL
Notable crypto VC funding rounds under $10 million
- KGeN (ex Kratos) secured $10 million in an unknown round
- Rise Payroll raised $6.3 million in Series A funding
- Shinami gathered $5.64 million in seed funding
- LuluChain secured $5 million in an unknown round with $50M FDV
- OpenLayer raised $5 million in an unknown round
- Truemarkets gathered $4.03 million through a public sale
- Barter raised $3 million in seed funding
- Exponent secured $2.1 million in an unknown round
- Gabby World raised $2 million in an unknown round with $20M FDV
- KOKODI gathered $1.1 million in seed funding
Check out last week’s crypto VC funding data from here.