Crypto VC funding: Blockaid secures $50 million, Cygnus raises $20 million

Crypto.News2025/02/21 16:00

By:By Vignesh KarunanidhiEdited by Anthony Patrick

The third week of February saw major investments in security and infrastructure, with Blockaid leading the way with a $50 million Series B round.

The week’s funding totaled over $150 million, with security, DeFi, and infrastructure projects leading the funding as per Crypto Fundraising data .

Blockaid, $50 million

Raised $50 million in Series B funding
The project is backed by Ribbit Capital, Google Ventures and Variant
Blockaid has raised a total of $83 million so far

Read the full announcement from Blockaid CEO, @idobn https://t.co/XLWaFcyBCD
— Blockaid (@blockaid_) February 18, 2025

Kinto, $20 million

Kinto has secured $20 million in an unknown round
Backed by Brevan Howard
Kinto has raised a total of $25 million

We are happy to share that @BHDigitalAssets deployed $20m in assets on Kinto, participating in our mining program.

Read more in the press release: https://t.co/MkRgmoMOD7
— Kinto (@KintoXYZ) February 17, 2025

Cygnus, $20 million

Raised $20 million in pre-seed funding
Cygnus is backed by Manifold, OKX Ventures, and Mirana
The project is creating DeFi and stablecoin solutions

Introducing Cygnus – a modular real yield layer and the first Web3 Instagram App Layer – onboarding the next billion users.

Cygnus is thrilled to announce the successful completion of a $20 million pre-seed funding round, backed by industry pioneers such as @ManifoldTrading ,… pic.twitter.com/RmyN8pISmo
— Cygnus (@CygnusFi) February 19, 2025

Altius, $11 million

Altius secured $11 million in pre-seed funding
The project is backed by Founders Fund, Pantera, and Archetype

Altius @AltiusLabs has secured $11 million in a notable funding round led by Founders Fund and Pantera.

The company is developing a parallel VM-agnostic execution framework designed for modular blockchains. Currently,

You can join their Discord community… pic.twitter.com/qdZ5AzdHw2
— Halo🥷♣️ (@0xHalo_) February 18, 2025

Universal Protocol, $9 million

Universal Protocol raised $9 million in an unknown round
Backed by a16z crypto, Coinbase Ventures, and Four Cities Capital

Introducing Universal, uAssets, and our $9M round led by @a16zcrypto .

Universal brings the tokens you want to trade (think SUI, XRP, and DOGE) to the chains you already trade on (think Base and Solana) – and uAssets have already seen $850M+ in volume since going live.

If you do… pic.twitter.com/3u58g0ivGn
— Universal (@universaldotxyz) February 19, 2025

Fluent Labs, $8 million

Fluent Labs secured $8 million in seed funding
Backed by Polychain Capital, Primitive, and M41 Ventures
The project is creating L2 infrastructure

Fluent Labs has raised $8M, led by @polychain , to build the first blended execution network. pic.twitter.com/kmChcIrT3R
— Fluent (@fluentxyz) February 19, 2025

Mansa, $7 million

Mansa raised $7 million in an unknown round
The project is developing DeFi payment solutions
Mansa has raised $10 million in February

We are incredibly excited to announce that MANSA has raised $10M, led by @Tether_to and @polymorphiccap , to revolutionize cross-border payments with with stablecoin-based liquidity solutions. pic.twitter.com/4MP80jLtZV
— MANSA (@MANSA_FI) February 20, 2025

Primus Labs, $6.50 million

Primus Labs raised $6.50 million in seed funding
Backed by Dispersion Capital, Symbolic Capital, and VanEck

🎉 Primus has successfully raised $6.5M in our Pre-seed + Seed round!
This round was led by @DispersionVC , @symbolicvc and @vaneck_us , and backed by @SamsungNext , @Alchemy , @MaelstromFund , @welaraworld , @theBBFund , @Modular_Capital , @Karatage_ , @InitialVentures ,… pic.twitter.com/Rw9AbNq3Xh
— Primus Labs (prev. PADO) (@primus_labs) February 20, 2025

Notable crypto VC funding rounds < $5 million

Yield Basis raised $5 million with $50 million FDV for AMM and yield tools
Acre secured $4 million with $90 million FDV for Bitcoin DeFi
WalletConnect gathered $4 million through public sale with a $200 million FDV
Mansa raised $3 million in pre-seed funding
Maestro secured $3 million in seed funding
AMMO raised $2.5 million for AI infrastructure
Infinity Ground, Fomo, and ResearchHub each gathered $2 million
Nil Foundation and Mu Digital each secured $600,000 through public sales
Form Network raised $306,500 with $306.5 million FDV
Forkast secured $100,000 with $0.04 FDV
RICH raised $50,000 for data privacy solutions

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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