Compiled by Golden Finance
The biggest financing this week
Miden raised $25 million in a seed round from investors including Andreessen Horowitz (a16z crypto), Hack VC, 1kx*, Finality Capital, Symbolic Capital (formerly Hyperedge Capital), P2 Ventures (Polygon Ventures), MH Ventures, Delta Blockchain Fund, and individual investors Avery Ching and Sreeram Kannan.
Miden is an edge-first blockchain platform designed to provide applications with a scalable, private, and secure transaction experience. By transferring execution and state management to the client, Miden overcomes the limitations of traditional blockchains in scalability, privacy, and security. Users can execute and verify transactions on the client side, thereby achieving full control over personal data and minimizing trust assumptions.
Written in Rust and supporting native asset storage, Miden facilitates safer smart contract development while balancing high performance and privacy. It embodies the way blockchain should work - scalable, private, and secure.
Pre-seed and Seed Funding
aZen Protocol
Raised: $1.2M (Seed)
Investors: Waterdrip Capital*, DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Labs, DePIN X, Open Digital Infrastructure Group (ODIG).
aZen Protocol is a decentralized, AI-native computing infrastructure designed to transform idle computing resources into tokenizable assets. By transforming hardware and applications into dynamically divisible NFTs (dfNFTs), aZen enables users to monetize unused resources, supporting the Decentralized Physical Infrastructure Network (DePIN). This approach promotes the development of scalable AI applications and decentralized services, driving a more efficient and accessible Web3 ecosystem.
Terminal 3
Raised: $8M (Seed Round)
Investors: Illuminate Financial*, Titan Fund*, IDG Blockchain, 500 Startups (500 Global), Animoca Brands, BlackPine, Progression Fund, Consensys Mesh, Cherubic Ventures, Hard Yaka.
Terminal 3 is a Hong Kong-based Web3 startup focused on decentralized data storage, providing an alternative to centralized systems to address the challenges enterprises face in privacy, compliance, and security. With decentralized storage technology and zero-knowledge proofs (ZK Proofs), Terminal 3 is committed to creating a fair Web3 environment that keeps user data highly composable while maintaining confidentiality and security.
Gata (formerly Aggregata)
Raised: $4 million (seed round)
Investors: YZi Labs (formerly Binance Labs), Gate Ventures, IDG Blockchain, Maelstrom, Manifold, MH Ventures, Anti Capital, Formless Capital, V3V Ventures, Dewhales Capital, WAGMI Ventures, 071labs (Zero Seven One Labs), Echo.
Gata is a decentralized AI data infrastructure project that focuses on the problem of "superalignment", which is to ensure that AI systems are consistent with human values. Gata provides tools such as DataAgents for decentralized verification and indexing of data, supporting AI model training. The project runs in the Cosmos ecosystem and combines NFT staking and yield farming functions. Gata RollApp has been launched on Dymension to enhance the practicality of NFTs. Gata's goal is to democratize AI development through community-driven data governance and infrastructure.
Miden
Raised: US$25 million (seed round)
Investors: Andreessen Horowitz (a16z crypto), Hack VC, 1kx*, Finality Capital, Symbolic Capital (formerly Hyperedge Capital), P2 Ventures (Polygon Ventures), MH Ventures, Delta Blockchain Fund, Avery Ching, Sreeram Kannan.
Miden is an edge-first blockchain designed to provide scalable, private, and secure transaction experiences for applications. Miden overcomes the scalability, privacy, and security bottlenecks of traditional blockchains by moving execution and state management to the client. Users can execute and verify transactions on the client side, giving them full control over their data and reducing trust assumptions. Developed in Rust, Miden supports native asset storage and promotes safer smart contract development while achieving high performance and privacy protection.
ROVR
Raised: $2.6M (Seed Round)
Investors: Borderless Capital*, Geodnet*, IoTeX.
ROVR Network is a decentralized geospatial infrastructure protocol that supports real-time HD 3D mapping using LiDAR, cameras, and RTK-GNSS technologies. Designed for automated systems and spatial AI, the platform transforms the collection of geospatial data into an open platform based on blockchain, encouraging participants to contribute data through a token incentive mechanism.
Other financing rounds
Fleek
Fleek is an "Agentic Cloud" that provides developers, content creators and brands with a one-stop solution for building, managing and monetizing AI agents and virtual influencers. Fleek is positioned as the next generation of digital interaction after websites and applications, tailored for AI-native interactions, digital avatars, social agents and marketing activities, and provides scalable and profitable AI cloud infrastructure.
Dinari
Raised: $12.7 million (Series A)
Investors: Hack VC*, Blockchange Ventures*, VanEck, F-Prime Capital, Blizzard, Arete Capital, Factor Capital, GSR Ventures, Silvermine Capital
Dinari provides access to tokens backed by real-world assets (such as Apple or Tesla stock) through its dShare platform. Users can access blockchain-based versions of these securities through wallets on the Arbitrum network. The platform provides transparent on-chain transactions, immutable proof of ownership, compatibility with wallets and other blockchain products, and instant settlement capabilities.
Boop.fun
Raise amount: Undisclosed (Angel round)
Investors: Raj Gokal, Mert, WereMeow, Francesco Agosti, 0xSun
Boop.fun is a Solana-based meme token issuance platform that allows users to create and promote their own tokens (called "cults") in just a few steps. Launched by NFT opinion leader Dingaling in May 2025, the platform integrates social media interaction and gamification incentives to promote the development of a viral community token ecosystem.
B² Network (Bsquared Network)
B² Network is a practical Bitcoin Layer-2 solution that uses zero-knowledge proof verification and Rollup technology to increase transaction speed, reduce fees and expand the scope of application, while supporting Ethereum Virtual Machine (EVM) compatibility. The project aims to make Bitcoin a multi-functional platform that can be seamlessly integrated with various financial services and decentralized applications.
ZAR
ZAR is a digital wallet app that allows users to convert cash into digital dollars, serving the transition of cash-based economies to Web3. Through the ZAR App, users can exchange at local merchants and use virtual or physical cards for global payments, avoiding the risks of local currency fluctuations, and the operation is simple and secure.
Kaia (formerly Klaytn)
Raise Amount: Undisclosed
Investors: Blockchain Capital*, 1kx*, Galaxy Digital, The Spartan Group, IDG Capital, Mirana Ventures, SNZ Holding, Comma3 Ventures, Caladan, LIF, Waterdrip Capital, MEXC Ventures
Kaia is a high-performance EVM-compatible Layer-1 blockchain, formed by the merger of Kakao's Klaytn and LINE's Finschia, dedicated to promoting the development of the Asian Web3 ecosystem. Kaia offers 1-second finality, low gas fees, and can be integrated with mainstream communication tools such as KakaoTalk and LINE, supporting a variety of applications such as DeFi, games, and real-world asset tokenization.
MilkyWay
MilkyWay is a liquid staking protocol for the Celestia network, allowing users to stake TIA and receive milkTIA tokens representing the staked share to achieve asset liquidity. The protocol supports automatic compounding of interest, and users can also use milkTIA to participate in DeFi. MilkyWay will launch the governance token MILK in the future, which will enjoy governance rights and dividends from staking income.
Camp Network
Raised: $25 million (Series A)
Investors: 1kx*, Blockchain Capital*, OKX Ventures (formerly OKEx Blockdream Ventures), Lattice Fund, Paper Ventures, dao5, TrueBridge Capital, Selini Capital, Hypersphere, Maven 11 Capital, Protagonist
Camp Network is a Layer-1 blockchain dedicated to modernizing intellectual property (IP) infrastructure and providing verifiable IP support for the next generation of AI agents. Users can register, own and monetize IP assets such as art, code, and music on the chain. The platform also integrates Web2 user data and supports modular digital identities, bringing more personalized and immersive interactions to the Web3 experience.
Thru (Unto Labs)
Unto Labs is developing a high-performance Layer-1 blockchain, Thru, which emphasizes extreme scalability and developer friendliness. The chain was created by former Solana core contributor Liam Heeger and uses ThruVM, an innovative virtual machine based on the RISC-V architecture, to bridge the gap between blockchain and traditional computing environments.
Ika (dWallet Labs)
Ika is a high-performance parallel multi-party computing (MPC) network built on the Sui network, supporting cross-chain digital asset management and secure interoperability. With sub-second latency and over 10,000 TPS processing power, Ika provides infrastructure support for decentralized custody, multi-chain DeFi, chain abstraction, and AI agent control through its 2PC-MPC protocol and Sui's Mysticeti consensus.
Weatherly
Catherine
Anais
Kikyo
Joy