According to incomplete statistics from Odaily Planet Daily, from June 16 to June 22, a total of 16 financing events were disclosed in the global blockchain field, a slight increase from 14 in the previous week; the total financing amount was approximately US$110 million, a decrease from US$195 million in the previous week.
This weeks financing highlights focused on the AI track. Among them, AI startup Cluely completed $15 million in financing, and robot intelligence platform startup PrismaX completed $11 million in seed round financing. Data shows that although the number of financing events has increased, the scale of financing for individual projects has shrunk, and the financial attractiveness of pure crypto projects is weakening.
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional company whose business involves blockchain):
AI startup Cluely completes $15 million in financing, with a16z participating
On June 21, AI startup Cluely announced the completion of a $15 million financing round, with a16z participating in the investment. It is reported that Cluely is a company that develops artificial intelligence tools. Its core product is an undetectable AI assistant that can provide instant support in interviews, sales calls, meetings and other scenarios by monitoring the users screen and audio in real time.
Robot intelligence platform PrismaX completes $11 million seed round of financing, led by a16z
On June 17, PrismaX, a startup company that develops robotic intelligence platforms, announced the completion of a $11 million seed round of financing, led by a16z CSX, with participation from Stanford Blockchain Builder Fund, Symbolic, Volt Capital, Virtuals Protocol, etc. The company officially debuted at CSX Demo Day on June 3.
PrismaX is committed to improving the diversity and authenticity of robot vision data through a decentralized incentive mechanism, solving the long-standing problems of expensive data, poor data quality and lack of scalability in the field of physical AI.
Units Network Completes $10 Million Funding, Led by Nimbus Capital
June 17,
Units Network, a modular blockchain ecosystem built on the Waves Protocol, announced the completion of a $10 million financing round led by Nimbus Capital. The new funds will drive the development of two key projects, AI Launchpad and AI Liquidity Manager, and will also be used to enhance the infrastructure of Units Network, including expanding validator capacity and optimizing cross-chain liquidity.
On June 17, the decentralized AI infrastructure project Gradient Network announced the completion of a $10 million seed round of financing, led by Pantera Capital and Multicoin Capital, with participation from HSG (formerly Sequoia China) and several well-known angel investors and consultants from AI, encryption and other fields. It is reported that Gradient aims to create a decentralized AI that is jointly participated and driven by the majority of users. It will launch two of its core protocols this week, namely the decentralized data communication protocol Lattica and the decentralized reasoning engine Parallax.
Stablecoin startup Ubyx completes $10 million seed round led by Galaxy Ventures
On June 17, Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, completed a $10 million seed round of financing, led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, Paxos and VanEck. The company is committed to building a clearing system that connects stablecoin issuers with banks and fintech companies to solve interoperability issues in payment scenarios.
On June 17, XFX, an institutional-level cross-border settlement platform that supports stablecoins, announced the completion of a $9.1 million sub-round of financing, led by HAUN Ventures, with participation from Castle Island Ventures, Oak HC/FT, MAYA Capital, Coinbase Ventures, Paxos and Bitso. It is reported that XFX is an institutional-level cross-border settlement platform that supports real-time and transparent flow of fiat currencies and stablecoins.
On June 18, Web3 protocol Thousands announced that it had jointly completed a $9 million financing with its sister company, Web3 game development company The Wildcard Alliance. Arbitrum Gaming Ventures and Paradigm co-led the investment. The new funds will be used to accelerate the development of its comprehensive product ecosystem, using the Thousands protocol and Thousands.tv platform to open up new creator-centric user acquisition channels, and help launch their upcoming game Wildcard.
PublicAI Completes $8 Million Series A Financing, Blockchain Builders Fund and Others Participate
On June 17, PublicAI, an artificial intelligence company known as the Web3-enabled version of ScaleAI, announced the completion of an $8 million Series A financing round. Saudi Telecom Group, Blockchain Builders Fund, Tykhe Blocks Ventures, NEAR Foundation, Taisu Ventures, MH Ventures, YGG, CSP DAO, IBC Group, G20, Whitewater Labs and UXLink participated in the investment. PublicAI aims to provide everyone with a way to stay involved and profit in the artificial intelligence economy. The company previously completed a $2 million seed round of financing, bringing the total financing to $10 million to date.
Project Eleven Completes $6 Million in Financing, Led by Variant Fund and Quantonation
On June 20, Project Eleven, a development company focused on post-quantum cryptography, completed a $6 million financing round led by Variant Fund and quantum technology investment firm Quantonation. The new funds will be used to develop tools to resist quantum computing attacks and protect the security of digital assets such as Bitcoin.
DeFi infrastructure TAC raises $11.5 million in two rounds, led by Hack VC
On June 19, TAC, a blockchain project built for Ethereum Virtual Machine (EVM) decentralized applications to access TON and Telegram ecosystems, announced that it had raised a total of US$11.5 million in seed and strategic rounds of financing. The latest US$5 million strategic round of financing was led by Hack VC.
On June 20, the crypto platform Stackup, founded by former SpaceX mission manager John Rising, completed a $4.2 million seed round of financing, led by 1kx, with participation from Y Combinator and Digital Currency Group. The platform provides enterprises with a centralized control of decentralized assets solution through account abstraction technology, supporting functions such as spending limits and batch transaction review.
Base Ecosystem Game Platform Uptopia Completes $4 Million in Financing, Led by Pantera Capital
On June 18, according to official news, Base ecosystem game platform Uptopia completed a $4 million financing, led by Pantera Capital, with participation from Spartan, Coinbase Venture, etc. Uptopia is a game publishing and discovery platform dedicated to helping games improve liquidity on the chain. Its platform is currently under maintenance.
On June 18, SaturnX, a UAE stablecoin infrastructure service provider, announced the completion of a $3 million seed round of financing led by White Star Capital and participated by strategic institutional investors.
SaturnX provides global payment API interface services based on stablecoins for enterprises and financial institutions, supports intelligent foreign exchange routing and compliant payment networks, and focuses on major remittance corridors such as Southeast Asia and Africa. In just 5 months since its establishment, the platforms transaction volume has exceeded US$250 million and has achieved profitability. The financing will be used to expand Southeast Asian payment corridors such as the Philippines, Bangladesh, Indonesia, and Pakistan, strengthen compliance infrastructure, and improve its enterprise-level API stablecoin payment platform.
On June 18, Nook, a cryptocurrency savings app founded by three former Coinbase engineers, completed a $2.5 million financing round, with participation from Coinbase Ventures, defy.vc and UDHC. The company declined to disclose the valuation of this round of financing. It is reported that Nook is committed to making it easier for non-cryptocurrency native users to increase their cryptocurrency holdings through services such as Aave, which allows users to lend their cryptocurrencies to borrowers in exchange for interest.
On June 18, Layer 1 project Defx completed a $2.5 million seed round of financing, with participation from Pantera Capital, CMT Digital, gumi Cryptos Capital (gCC), Baboon VC, CoinShares Ventures, Robot Ventures and Polygon co-founder Sandeep Nailwal. The new funds are intended to support its construction of a decentralized exchange that optimizes perpetual contract trading.
On June 18, DeFi protocol BitVault announced the completion of $2 million in pre-seed financing, with investors including GSR, Gemini, Auros and Keyrock. BitVault will launch bvUSD, an overcollateralized stablecoin backed by Bitcoin derivatives, and its yield-based variant sbvUSD. The protocol will be deployed on Katana, a new decentralized financial chain incubated by Polygon Labs and GSR, using the authorized fork of Liquity V2 to achieve licensed lending, user-set interest rates and automatic liquidation infrastructure. BitVault plans to deploy on the Katana mainnet in June 2025 and is actively introducing institutional borrowers.
