The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors.
The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that of the first week’s $88 million.
The week’s activity centered on centralized exchanges, AI integration, and infrastructure development, with projects at different stages drawing capital. Let’s look at the key events per Crypto Fundraising data.
VOOX, $50 million
- Raised $50 million in an unknown round
- The investment was backed by Pinnacle Venture
- VOOX is building an AI-powered trading platform
FTX EU, $32.7 million
- FTX EU bagged an M&A deal worth $32.7 million
- The project was acquired by Backpack
- FTX EU is the European arm of the crypto exchange
OG Labs, $32.24 million
- Raised $32.24 million through public sale
- Combining AI with L1 infrastructure
- OG Labs is developing blockchain infrastructure tools
- The project has raised over $107.24 million so far
Eventflo, $20 million
- Eventflo secured $20 million in an unknown round
- The project is backed by Rothman Management
- Eventflo is working on payment solutions, marketing and event operations
SoSoValue, $15 million
- Raised $15 million in Series A with $200 million FDV
- SoSoValue is backed by HongShan, Mirana and SafePal
- The project is building an analytics platform and has raised $19.15 million so far.
https://twitter.com/SoSoValueCrypto/status/1876997896803078208
Notable crypto VC funding rounds under $10 million
- Nakamoto Games raised $10 million for P2E gaming on Polygon (MATIC)
- Alpen Labs secured $8.5 million in strategic funding
- Privasea raised $5.25 million Series A with $180 million FDV
- Superseed gathered $4.47 million through public sale
- ZKcandy secured $4 million in seed funding
- Rena Labs raised $3.3 million in pre-seed funding
- Starpower secured $2.5 million in an unknown round
- Ooga Booga raised $1.5 million in strategic funding
- BAD Coin gathered $1.25 million through public sale with $12.50 million FDV
- Enclave and Aligned Layer each raised $1 million
- Yiedl secured $735,000 in an unknown round
- Xterio raised $300,000 through public sale with $0.04 FDV
- Primex Finance gathered $50,000 through public sale
- Wise Monkey funding amount TBD
