Finance News
Crypto VC Funding: Phantom raises $150M, Komainu gets $75M
The crypto venture capital funding sector announced a $150 million Series C round last week, bringing total weekly investments to over $700 million.
Payment solutions, wallet infrastructure and financial services attracted the most capital, according to Crypto fundraising Data.
Let’s dive deeper into the venture capital funding efforts of major cryptocurrencies and the companies involved.
Helio $175 million
- MoonPay acquired the startup for $175 million.
- Helio, a decentralized finance (DeFi) platform, backed by Pantera Capital; blockchain and gaming creator Animoca Brands; DAO Maker, a decentralized project financing platform; and OKEx Ventures, the investment arm of one of the largest cryptocurrency exchanges.
Phantom $150 million
- $150 million Series C raised with $3 billion FDV.
- The Phantom is supported by Sequoia, Paradigm, and a16z encoders.
- Building wallet solutions for Solana (Sol) Ecosystem.
- Phantom has raised $268 million to date.
Alteria: $150 million
- Alterya secured a $150 million M&A deal
- The company was acquired by Chainless
Comino $75 million
- Komainu has secured $75 million in Series B funding
- Blockstream supports the project.
- Komainu develops asset management solutions.
Signum $58 million
- Secured US$58 million strategic funding at US$1 billion valuation.
- Filder Ventures is a backer, helping Sygnum raise $188 million in total.
1Money Network, $20 million
- $20 million in seed funding has been raised
- F/Prime Capital, Galaxy, and Hack VC are among 1Money’s investors
- 1Money Network is building L1 payment infrastructure
Litas $20 million
- Obtained $20 million in private funding.
- Supported by Rothman Management.
- Lita combines payment and wallet solutions and creates easy-to-use financial tools.
DFNS, $16 million
- $16 million in Series A funding raised.
- Supported by Further, Wintermute, and others.
- The project focuses on wallet infrastructure.
Reown (formerly WalletConnect), $13 million
- $13 million in Series B funding raised.
- Backed by Union Square Ventures, 1kx, and GDA Capital.
- Reown builds API solutions for wallets.
Notable Crypto VC Funding Rounds Under $10 Million
- Merit Systems raised $10 million for software development
- Synthr raised $10 million in an undisclosed round
- GTE has raised $9.44 million in seed funding
- Tapestry raised $5.75 million in Series A
- EarnOS has secured $5 million in seed funding
- Hyve Labs has raised $2.75 million in seed funding
- Brickken has raised $2.50 million in seed funding with $22.50 million from FDV
- Reppo secured $2.22 million in an undisclosed round
- BeraTone and DePIN DAO raised $2 million
- Timeswap raised $2 million through public sale with $20 million from FDV
- DeFi Agents AI and Mind AI each received $1.20 million
- MilkyWay raised $1 million through a public sale
- ChainAwareAi received $50,000 through grants
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