Financing Weekly | 29 projects raised $752.2 million
This week, 29 blockchain startups raised a total of $752.2 million in funding. Bitcoin mining and hosting company Riot received $594.4 million in funding.

This week, 29 blockchain startups raised a total of $752.2 million in funding. Bitcoin mining and hosting company Riot received $594.4 million in funding.
The largest round of funding this week was raised by Ithaca, which raised $20 million from Paradigm. Yala raised $8 million in a seed round. Eight projects, including ZAP, received other rounds of funding.
Thirty-two blockchain startups raised a total of $202.3 million in funding this week.
This week, 12 blockchain startups raised $63.4 million in funding. The largest round of funding was raised by Renzo, which raised $17 million. Three projects received seed and pre-seed funding, and eight projects received other rounds of funding.
This week, 34 blockchain startups raised $109.3 million in funding. The largest round was raised by Nexus, which raised $25 million. Ten projects received seed and pre-seed funding, and 22 projects received other rounds of funding.
This week, 28 blockchain startups raised $169.7 million in funding. The largest round was raised by Babylon, which raised $70 million. 13 projects received seed and pre-seed funding, and 15 projects received other rounds of funding.
I spend a lot of time researching the intersection of AI and cryptocurrency. I believe that the combination of the two is critical to making AI more fair and user-owned.
A total of 30 projects successfully raised funds this week, with the largest round being Sophon, which raised $60 million. 14 projects received pre-seed and seed round investments, and 16 projects received other rounds of financing. The total amount of funds raised in the crypto industry this week reached $197.8 million.
Together AI secures $102.5 million in Series A investments, with participation from NVIDIA and Kleiner Perkins. Emphasizing research and optimized generative models, the startup plans to enhance its cloud platform, contribute to open source, and prioritize privacy. Nvidia's pivotal role in computing needs and the company's open-source advocacy position Together AI for future success. However, concerns persist regarding the reliance on a single computing option and the competitive landscape.
Anthropic, an AI startup, has clinched a substantial $100 million investment from SK Telecom, a prominent player in South Korea's telecommunications sector.