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Funding Week | 11 projects received funding, totaling $139 million (September 1-7)
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Odaily资深作者
@XiaMiPP
16hours ago
This article is about 3120 words, reading the full article takes about 5 minutes
Artificial intelligence blockchain startup Kite completed US$33 million in financing; a fund under venture capital firm White Star Capital completed its first round of financing of US$25 million.

According to incomplete statistics from Odaily Planet Daily, from September 1 to 7, 2025, a total of 11 financing events were disclosed in the global blockchain field, a decrease from 20 in the previous week, with a total financing amount of US$139 million, a significant decrease from US$278 million in the previous week.

The project with the highest single financing amount this week was Kite, an artificial intelligence blockchain startup, which completed a financing of US$33 million; followed by venture capital firm White Star Capital, whose fund completed its first round of financing of US$25 million.

The following are specific financing events (Note: 1. Sorted by the size of the announced amount; 2. Excludes fund raising and M&A events; 3. * indicates companies in "traditional" fields whose businesses partially involve blockchain):

Kite AI Completes $33 Million in Funding, Led by PayPal and General Catalyst

On September 3, Fortune magazine reported that Kite, an artificial intelligence blockchain startup, announced that it had completed a total of US$33 million in financing. The latest Series A financing amounted to US$18 million. PayPal and General Catalyst led the investment, and 8 VC, Samsung Next, SBI US Gateway Fund, Vertex Ventures, Hashed, HashKey Capital, Dispersion Capital, Alumni Ventures, Avalanche Foundation, GSR Markets, LayerZero, Animoca Brands, Essence VC, and Alchemy also participated in the investment.

White Star Capital's fund has raised $25 million, with a target of $50 million.

On September 4th, venture capital firm White Star Capital announced that its fund had secured $25 million in its first round of funding, led by Fonds de solidarité FTQ. The fund's target funding round was $50 million. White Star Capital currently manages an early-stage growth fund and a digital asset fund focused on crypto and blockchain startups. In February of this year, it participated in the Series A funding round of Lockchain.ai, an AI-powered blockchain risk management platform. It has previously invested in crypto lending platforms such as Ledn and Trident Digital Group.

Stablecoin infrastructure company Utila completes $22 million financing, led by Red Dot Capital Partners

On September 3rd, stablecoin infrastructure company Utila closed a $22 million funding round led by Red Dot Capital Partners, with participation from Nyca, Wing VC, DCG, and Cerca Partners. Utila provides a digital asset operations platform for businesses, with clients including payment providers and emerging banks.

Aria Completes $15 Million in Seed and Strategic Rounds, Led by Polychain Capital and Others

On September 4th, Aria, an asset-on-chain platform based on the Story Protocol, announced the completion of a $15 million seed and strategic funding round. Polychain Capital and Neoclassic Capital co-led the round, with participation from the Story Protocol Foundation and others. This funding round reportedly utilized a combination of equity and token warrants, bringing Aria's equity valuation to $50 million. Aria specializes in tokenizing music IP, and the first APL token has launched, allowing holders to earn music copyright income through staking.

Everlyn, an AI-powered video model on the blockchain, raises $15 million in funding, with Mysten Labs participating.

On September 1st, Everlyn, an AI model for on-chain video production, announced the completion of a $15 million funding round. Mysten Labs, Baseline, Selini Capital, Nesa, Aethir Cloud, ionet, and MH Ventures participated in the round, bringing its valuation to $250 million. The project aims to build on-chain video for movies.

Digital asset custody company Tangany completes €10 million Series A funding round

On September 7, Tangany, a Munich-based digital asset custody service provider, announced the completion of a €10 million Series A financing round. The round was led by Baader Bank of Germany, Elevator Ventures, a venture capital firm under Raiffeisen Bank International, and Heliad Crypto Partners, the digital asset investment firm of Heliad AG, with participation from HTGF and Nauta Capital. The company is currently regulated by the German Federal Financial Supervisory Authority (BaFin) and provides custody services to crypto trading platforms such as eToro and Bitvavo.

Tokenized asset management platform Plural completes $7.13 million seed round of financing, led by Paradigm

On September 5th, tokenized asset management platform Plural announced the completion of a $7.13 million seed round led by Paradigm, with participation from Maven 11, Volt Capital, and Neoclassic Capital, bringing its total funding to nearly $10 million. Plural is building financial infrastructure for the digital economy. Through tokenization and smart contract automation, Plural transforms real-world energy assets like solar, batteries, and data centers into scalable, programmable investment products.

Wildcat Labs Completes $3.5 Million Seed Round Led by Robot Ventures

On September 5, Wildcat Labs, the developer of the lending protocol Wildcat, announced the completion of a $3.5 million seed round of financing. This round was led by Robot Ventures, with participation from Triton Capital, Polygon Ventures, Safe Foundation, Hyperithm, Hermeneutic Investments, Kronos Research and other institutions and several angel investors, including Fei Protocol founder Joey Santoro, Vyper core contributor Charles Cooper and Ink founder Andrew Koller.

Blockchain fintech company Munify completes $3 million seed round of financing, with Grayscale parent company DCG participating

On September 7, Egyptian blockchain fintech company Munify announced the completion of a $3 million seed round of financing, with participation from strategic investment institutions such as BYLD and Grayscale's parent company Digital Currency Group. The company uses blockchain technology to provide individuals and businesses with instant multi-currency sending and receiving services, and launches virtual cards backed by stablecoins. Its business currently covers the United States, the United Kingdom, Europe and the Gulf Cooperation Council (GCC) member states. The new funds will be used to expand into other markets and expand the compliance team.

Crypto-native game studio GLHF completes $2.3 million in financing, led by 1 confirmation

On September 3, crypto-native game studio GLHF announced the completion of a $2.3 million financing round, led by 1 confirmation and participated by some angel investors from the cryptocurrency field. The new funds are intended to be used to expand the scale of its flagship crypto game Gigaverse and develop new game features.

MAIGA completes $2 million in strategic financing, with participation from Amber Group and others

On September 4th, AI agent platform MAIGA announced that it had secured $2 million in strategic funding, with participation from Amber Group, Red Beard Ventures, IBC Group, TBV Ventures, and Chainlink. The company is reportedly building AI agents for DeFi and cryptocurrency using MCP, TEE, and Multimodal technologies, and deploying an AI agent launchpad on the BNB chain.

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