From April 5 to April 12, 2025, 21 projects announced receiving investments, of which 13 raised an impressive $214.5 million. The leaders in funding amounts were Blackbird Labs and Wunder.Social, which attracted the attention of venture investors, particularly in the blockchain infrastructure sector.
This is reported by Business • Media
Notable Projects and Their Funding
Among the projects that received significant investments, the following stand out:
- $50 million — Blackbird Labs. Founded by renowned chef Ben Leventhal, the company completed a Series B funding round led by Spark Capital. The project, which represents a blockchain application with a loyalty program, allows users to earn rewards by visiting participating restaurants. The company’s final valuation is undisclosed, but it is known that the round was structured as a deal with equity and token warrants.
- $50 million — Wunder.Social. This blockchain startup, aiming to create a bot-free social network, raised funds through financing from Rollman Management. The project uses blockchain to verify users and eliminate bots, enabling revenue sharing with users.
- $40 million — Meanwhile. The startup, which offers insurance with payments in Bitcoin, closed a Series A round led by Framework Ventures. The funds raised will go towards global expansion and adapting products to regulatory requirements.
- $29.5 million — Solix. The DePIN project received funding from Eclip Foundation to implement important initiatives.
- $12 million — BugsCoin. An educational platform offering hands-on experience to users completed a Series A round with participation from several venture firms.
- $10 million — Towns Protocol. The decentralized social project received investments to develop social infrastructure based on blockchain.
- $8 million — cap. Venture funds Franklin Templeton Digital Assets and Triton Capital XYZ supported the project, which aims to create a framework for launching a stablecoin.
- $6.75 million — Octane Security. The company received funding to develop an auditing service for projects using AI.
- $3 million — DecentralGPT. The project, positioning itself as a decentralized infrastructure for large language models, completed a Series A round.
- $1.8 million — Firefish. The lending protocol raised funds to provide instant loans using Bitcoin as collateral.
- $1.7 million — Sats Terminal. The DeFi aggregation protocol received funding to address fragmentation issues in the Bitcoin network.
- $1.43 million — Lyzi. The startup completed a seed round of €1.3 million to implement crypto payments in e-commerce.
- $355,000 — Seek Protocol. The project, combining AR, AI, and blockchain solutions, completed a seed round.
Several other projects also received investments but did not disclose details.
Investment Trends
Funding was raised by projects from various segments, including Blockchain Service, Blockchain Infrastructure, DeFi, and GameFi. It is noteworthy that such investments indicate a growing interest among venture capitalists in the Web3 space.
The Incrypted editorial team regularly updates the investment round digest, aiming to highlight current events in the world of cryptocurrencies and blockchain.