Crypto Funding surges to $104.7 Million in a Week
the crypto world witnessed a funding boom from April 27 to May 3, with a total of $104.7 million invested across 15 projects.Two standout projects, Camp Network and miden, each secured $25 million.
Infrastructure projects led the funding rounds. there was also a strong interest in privacy,AI,and DeFi solutions. Here’s a summary of the week’s funding highlights:
- Camp Network raised $25 million in a Series A round, backed by 1kx, Blockchain Capital, and OKX Ventures.It has now raised over $29 million.
- Miden also secured $25 million in a Seed round, with investors like a16z crypto, hack VC, and 1kx.
- Thru (Unto Labs) raised $14.4 million, with a $140 million valuation, backed by Framework and Electric Capital.
- Dinari gathered $12.7 million in a Series A round, bringing its total funding to $22.7 million. This round was supported by Hack VC, BlockChange, and VanEck.
- Terminal 3 raised $8 million in a Seed round, backed by Illuminate Financial, Titan Fund, and IDG.
Several projects raised under $7 million. ZAR secured $7 million, while Fleek raised $5 million in a public sale, achieving a $75 million valuation. Gata, ROVR, aZen Protocol, MilkyWay, and B² Network also secured funding, ranging from $300,000 to $4 million.
These investments signal a growing confidence in the crypto sector, with a focus on innovative solutions and infrastructure advancement.
