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.
FAQs
Which projects raised the highest funding this week?
Monkey Tilt and Canaan Creative led the funding rounds, each securing $30 million. Monkey Tilt focuses on P2E gaming and gambling, while Canaan Creative specializes in AI and blockchain infrastructure.
How much total funding was raised in the third week of November?
Over $125 million was raised across various projects, slightly surpassing the previous week's total of $120 million.
Who are the key investors driving crypto funding?
Notable investors include Pantera, Hack VC, Polychain Capital, Paradigm, and Headline, among others. These firms consistently back projects with strong technological and market potential.
