In 2024, there were a total of 17 financing rounds exceeding 100 million, of which 6 were in the AI sector.

Written by: aididiaojp.eth, Foresight News

According to Foresight Wiki statistics, throughout 2024, the Wiki has recorded a total of 979 investment and financing cases in the cryptocurrency industry, including 354 in tools and infrastructure, 196 in the DeFi sector, 112 in asset management, and 137 in blockchain gaming and NFTs, with a disclosed total investment amount of approximately 11.583 billion USD. The total disclosed investment amount has remained stable compared to last year, while the number of financing rounds in the DeFi sector has seen significant growth, with a year-on-year increase of 37%.

In 2024, there were a total of 17 financing rounds exceeding 100 million, of which 6 were in the AI sector. The ten noteworthy projects are as follows:

• Elon Musk's AI startup xAI has raised 5 billion USD, achieving a valuation of 45 billion USD.

• Mixed reality startup Magic Leap recently received a 590 million USD investment from the Saudi Arabian Public Investment Fund, as Magic Leap enters the metaverse market.

• The "Network State" project Praxis announced the completion of a 525 million USD financing round, with participation from GEM Digital and others. Praxis claims to be the world's first network state, an internet-native alliance aimed at accelerating technological advancement and revitalizing Western civilization. Over 14,000 Praxians reside in 82 countries/regions.

• Monad Labs completed a 225 million USD financing round, led by Paradigm. Monad Labs aims to enhance the performance of the Ethereum Virtual Machine by introducing parallel execution and superscalar pipeline technology through its parallel EVM Layer1 project, Monad, addressing the low throughput issues of existing EVM-compatible blockchains.

• Bitcoin infrastructure development company Blockstream announced the completion of a 210 million USD convertible note financing, led by Fulgur Ventures. Blockstream will accelerate the adoption and development of its Layer2 technology, expand its mining business, and increase its Bitcoin reserves.

• Decentralized social protocol Farcaster completed a 150 million USD financing round, led by Paradigm. Farcaster will primarily focus on daily active user growth and adding developer primitives such as channels and direct messaging to the protocol.

• Cryptocurrency investment platform Public completed a 135 million USD equity and debt financing round, led by Accel. Public will enhance the AI capabilities of the Public platform.

• Digital asset management company ParaFi Capital completed a 120 million USD financing round, with participation from Theta Capital Management and others. ParaFi Capital plans to acquire stakes in other crypto funds focused on specific niches, strategies, or regions, aiming to build a portfolio of 30 to 50 such funds over the next 3 to 5 years.

• Layer1 public chain Berachain completed a 100 million USD Series B financing round, led by Framework Ventures and others. Berachain claims that its current blockchain test version has processed 100 million transactions, and the platform aims to be compatible with applications based on the Ethereum blockchain.

• HashKey Group announced the completion of nearly 100 million USD in Series A financing at a valuation exceeding 1.2 billion USD. HashKey Group will deepen its full ecosystem layout in the virtual asset industry, accelerate the diversification of its licensed business products in Hong Kong, and promote the group's compliant innovative development globally.

In the case of financing rounds exceeding 10 million, there were a total of 100 rounds, with 22 rounds disclosing financing amounts of 50 million USD and above. The ten noteworthy projects are as follows:

• The core contributor team of the on-chain IP protocol Story, PIP Labs, announced the completion of an 80 million USD Series B financing round, led by a16z Crypto.

• Bitcoin staking protocol Babylon completed a 70 million USD financing round, led by Paradigm.

• Modular blockchain Eclipse completed a 50 million USD Series A financing round, led by Placeholder and Hack VC. Eclipse has launched its mainnet and has released development and testnet versions of its protocol, with multiple DApps testing its infrastructure.

• DeFi lending protocol Morpho completed a 50 million USD strategic financing round, led by Ribbit Capital.

• Cryptography company Zama completed a 73 million USD Series A financing round, led by Multicoin Capital and Protocol Labs. Zama will continue to research and develop its FHE tools.

• Cryptocurrency market maker Flowdesk completed a 50 million USD Series B financing round, with participation from Cathay Innovation, Ripple, Bpifrance, and others. This round of financing has valued Flowdesk at over 250 million USD. Flowdesk plans to use this round of financing to further expand its global business, focusing on expansion in Singapore and the United States, and establishing a new office in London.

• Quora CEO Adam D'Angelo announced the completion of a 75 million USD financing round, led by Andreessen Horowitz (a16z). The funds from this round will primarily be used to accelerate the development of its AI chat platform Poe, with most of the funds expected to be paid to the creators of bots on the platform through its creator monetization program.

• American fintech company Figure Technologies completed a 60 million USD Series A financing round. Figure announced the establishment of an independent company called Figure Markets, which will develop a platform for investors to trade various blockchain-native assets, including cryptocurrencies, stocks, and alternative investments, using the Provenance blockchain.

• Cross-border payment and settlement blockchain company Partior completed an 80 million USD Series B financing round, with participation from Deutsche Bank.

• ZK proof startup Succinct Labs completed a 55 million USD new financing round, led by Paradigm.

In terms of institutions, ranked by the number of disclosed investments in 2024, the top ten institutions are OKX Ventures, Animoca Brands, Polychain Capital, Foresight Ventures, a16z, Big Brain Holdings, Robot Ventures, HashKey Capital, Hack VC, Spartan Group, Bankless Ventures, GSR Ventures, Coinbase Ventures, CMS Holdings, and SevenX Ventures, with specific investment counts and amounts as follows:

• OKX Ventures has made a total of 50 investments, with 10 projects receiving financing of 10 million USD and above, namely Portal, ether.fi, Taiko, Myshell, CARV, Movement Labs, Cysic, Goplus Security, Solv Protocol, and Mocaverse.

• Animoca Brands has made a total of 48 investments, with 15 projects receiving financing of 10 million USD and above, namely io.net, Polyhedra Network, peaq, XION, Monad, Puffer Finance, Shiba Inu, Lava, Humanity, Goplus Security, Bondex, Redacted Cartel, Balance, Mawari Network, Gelato, and Sapien.

• Polychain Capital has made a total of 37 investments, with 17 projects receiving financing of 10 million USD and above, namely Aitlayer, Monkey Tilt, Eclipse, Polyhedra, dappOS, Berachain, Movement Labs, Botanix Labs, Babylon, ORA, Pi Squared, Lombard, Sahara AI, Story Protocol, Yellow Card, Bitfinity, and Hyperbolic.

• Foresight Ventures has made a total of 36 investments, with 17 projects receiving financing of 10 million USD and above, namely Overworld, ether.fi, io.net, Morph, Myshell, Gomble Games, IoTeX, Avalon, Movement Labs, Avail, Fhenix, Sentient, Lombard, Sahara AI, Pin AI, Noble, and Lens Protocol.

• a16z has made a total of 35 investments, with 18 projects receiving financing of 10 million USD and above, namely Ouora, Doppel, Espresso Systems, MyPriz, Kiosk, Farcaster, xAI, Neynar, Tapi, Morpho, Story Protocol, SSI, Balance, Pin AI, Exowatt, Azra Games, Opacity Network, and Vlayer.

• Big Brain Holdings has made a total of 34 investments, with 11 projects receiving financing of 10 million USD and above, namely Overworld, Utila, Parallel, Gomble Games, Monad, Shiba Inu, Sonic, MegaETH, Essential, Solayer, and Hemi Labs.

• Robot Ventures has made a total of 34 investments, with 11 projects receiving financing of 10 million USD and above, namely Backpack, Succinct Labs, Alpen Labs, Movement Labs, Nuffle Labs, Conduit, MegaETH, Sentient, Pi Squared, Celestia, and Delta.

• HashKey Capital has made a total of 33 investments, with 13 projects receiving financing of 10 million USD and above, namely Overworld, Polyhedra Network, mystiko, Seeds Labs, Cysic, Avail, Goplus Security, Particle Network, ORA, Sentient, Huma Finance, Mento, and Nillion.

• Hack VC has made a total of 32 investments, with 16 projects receiving financing of 10 million USD and above, namely Aitlayer, Monkey Tilt, io.net, Eclipse, Mezo, Berachain, Movement Labs, Fhenix, Sentient, Solayer, Pin AI, Variational, Gelato, Nillion, Exabits, and Spicenet.

• Spartan Group has made a total of 30 investments, with 10 projects receiving financing of 10 million USD and above, namely Overworld, MetaCene, Morph, Peaq, Parallel, Centrifuge, Particle Network, Redacted Cartel, RedStone, and Essential.

In terms of cryptocurrency funds, a total of 23 cryptocurrency funds were announced to be established in 2024, including:

• Uncorrelated Ventures raised 315 million USD for a new fund, with 20% allocated to support cryptocurrency startups.

• LayerZero, in collaboration with a16z and others, launched the lzCatalyst program, incentivizing participating funds to invest 300 million USD in LayerZero integrated projects.

• Cryptocurrency venture capital Hack VC raised 150 million USD for a new fund, with about one-third already deployed.

• Immutable, King River Capital, and Polygon Labs plan to raise 100 million USD for a new Web3 gaming fund.

• Web3Port established a 100 million USD fund, the Web3Port Foundation.

• Mask Network's venture capital Bonfire Union will launch its second fund, currently raising a total of 100 million USD.

• CMT Digital is raising 150 million USD for its fourth fund.

• Tiger Global's new venture capital fund completed a 2.2 billion USD fundraising, marking the smallest fundraising amount in nearly a decade.

• Hypersphere launched a 130 million USD liquidity fund, Atlas, and plans to raise an additional 75 million USD.

• Borderless Capital launched a 100 million USD DePIN fund.

• Former CoinShares Chief Strategy Officer founded Crucible Capital, planning to launch two new funds totaling 75 million USD.

• Solana accelerator Colosseum raised 60 million USD and has invested in 11 projects.

• Cryptomeria Capital plans to launch a 50 million USD Web3 venture capital fund.

• Pantera Capital completed a 20 million USD financing round, planning to double its support for the TON blockchain ecosystem.

• VanEck launched a 30 million USD venture capital fund to support cryptocurrency and AI.

• Morph and Foresight Ventures jointly launched a 20 million USD ecosystem fund.

• Foresight Ventures, MEXC Ventures, and Mirana Ventures established a fund for the expansion of the Aptos ecosystem.

• Frictionless Capital has raised 20 million USD, which will be invested in the blockchain sector.

• Figment Capital completed a strategic financing round.

• CDP Venture Capital launched an accelerator program, Frontech Accelerator, with a scale of 7 million euros.

• Cryptocurrency venture capital Contango raised 5 million USD to invest in startups at the intersection of AI and blockchain.

• Venture capital firm AgileGTM established a 10 million USD B2B blockchain accelerator fund.

• Asymmetry plans to raise 21 million USD for a new fund focused on the blockchain sector.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。