Gate News bot message, according to data from DefiLlama, this week 10 Crypto Assets projects raised over 145 million USD, bringing the total funding for the industry this year close to 9.2 billion USD, which is just 500 million USD less than the total funding for 2024. Such performance also makes the industry likely to achieve PitchBook's forecast of reaching 18 billion USD in total funding for the year.
As in previous weeks, DeFi infrastructure projects completed several rounds of large financing, accounting for more than half of the total financing amount from June 7 to June 13.
The following are the three projects that received the highest funding this week:
Web3 cybersecurity startup Hypernative completed a $40 million Series B funding round this week, led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group and boldstart ventures. The new funding will be used to further enhance its fraud prevention and wallet-level transaction protection features.
The crypto assets infrastructure startup Turnkey has completed a $30 million Series B funding round, led by Bain Capital Crypto, with participation from Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute Ventures, and Variant. The new funding will be used to expand its team and develop infrastructure solutions.
The stablecoin startup Noah has completed a $22 million seed round of financing, led by LocalGlobe, with participation from Felix Capital and FJ Labs.
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10 encryption companies raised over $145 million in funding this week, bringing the total funding amount to nearly $9.2 billion for the year.
Gate News bot message, according to data from DefiLlama, this week 10 Crypto Assets projects raised over 145 million USD, bringing the total funding for the industry this year close to 9.2 billion USD, which is just 500 million USD less than the total funding for 2024. Such performance also makes the industry likely to achieve PitchBook's forecast of reaching 18 billion USD in total funding for the year.
As in previous weeks, DeFi infrastructure projects completed several rounds of large financing, accounting for more than half of the total financing amount from June 7 to June 13.
The following are the three projects that received the highest funding this week:
Web3 cybersecurity startup Hypernative completed a $40 million Series B funding round this week, led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group and boldstart ventures. The new funding will be used to further enhance its fraud prevention and wallet-level transaction protection features.
The crypto assets infrastructure startup Turnkey has completed a $30 million Series B funding round, led by Bain Capital Crypto, with participation from Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute Ventures, and Variant. The new funding will be used to expand its team and develop infrastructure solutions.
The stablecoin startup Noah has completed a $22 million seed round of financing, led by LocalGlobe, with participation from Felix Capital and FJ Labs.
Source: DL News