Crypto VC Funding: The third week of November spotlighted gambling and artificial intelligence (AI) solutions in the crypto funding space. Both Monkey Tilt and Canaan Creative secured $30 million each, contributing to total investments exceeding $125 million across various sectors—slightly higher than the previous week’s $120 million.
Top Performers in Crypto VC Funding
Monkey Tilt – $30 Million
- Funding Details: Raised $30 million in Series A, bringing its total to $51 million.
- Key Backers: Pantera, Hack VC, and Polychain Capital.
- Focus: Gambling and play-to-earn (P2E) gaming development.
- About: Monkey Tilt is redefining gaming and entertainment experiences by leveraging blockchain technology.
Canaan Creative – $30 Million
- Funding Details: Secured $30 million in a private equity round, with a total raise of $73 million.
- Focus: AI and blockchain infrastructure solutions.
- Impact: Positioned as a key player in advancing blockchain and AI technology.
Other Notable Funding Rounds
Deblock – $16.81 Million
- Funding Details: Raised $16.81 million in seed funding, with a total of $28.81 million.
- Specialization: Payment and wallet solutions.
- Key Backers: Headline and Hoxton Ventures.
Noble – $15 Million
- Funding Details: Secured $15 million in Series A, raising a total of $18.3 million.
- Focus: Building infrastructure for the Cosmos ecosystem.
- Key Backers: Paradigm, Polychain Capital, and others.
Bitfinity – $12 Million
- Funding Details: Raised $12 million in an unknown round, bringing its total to $19 million.
- Focus: Layer 2 solutions for the Bitcoin ecosystem.
- Key Backers: Polychain Capital and other investors.
Funding Rounds Under $10 Million
- KGeN (ex-Kratos): $10 million in an unknown round.
- Rise Payroll: $6.3 million (Series A).
- Shinami: $5.64 million (Seed funding).
- LuluChain: $5 million (unknown round, $50M FDV).
- OpenLayer: $5 million (unknown round).
- Truemarkets: $4.03 million (Public sale).
- Barter: $3 million (Seed funding).
- Exponent: $2.1 million (unknown round).
- Gabby World: $2 million (unknown round, $20M FDV).
- KOKODI: $1.1 million (Seed funding).
For a detailed analysis of last week’s crypto VC funding activity, check out the full report.
Conclusion
The third week of November showcased strong investor confidence in the crypto industry, with a clear focus on gambling, AI, and blockchain infrastructure. Leading projects like Monkey Tilt and Canaan Creative secured substantial funding, reinforcing the appeal of innovative solutions in gaming and AI-powered technologies.
With total investments surpassing $125 million, this week outperformed the previous one, highlighting sustained momentum in the crypto VC landscape. Emerging players in payments, Layer 2 solutions, and blockchain ecosystems further diversified the funding space, signaling a dynamic and promising future for the industry.
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