Key Points
- Both Monkey Tilt and Canaan Creative secured $30 million in crypto funding in the third week of November.
- Total investments across various sectors exceeded $125 million, slightly above the previous week.
The third week of November saw the gaming and artificial intelligence sectors of the crypto world take the spotlight, as Monkey Tilt and Canaan Creative both secured $30 million in funding.
Summary of Investments
The total investment across different sectors exceeded $125 million, a slight increase from the previous week’s total of $120 million.
The top-performing projects in terms of capital raised were identified through data provided by Crypto Fundraising.
Details of Investments
Monkey Tilt, a company focusing on gambling and P2E gaming development, raised $30 million in Series A funding, bringing their total to $51 million. They are backed by Pantera, Hack VC, and Polychain Capital.
Canaan Creative, a project developing AI and infrastructure solutions, secured $30 million in an unspecified round. The total raised by Canaan Creative now stands at $73 million.
Deblock, specializing in payment and wallet solutions, raised $16.81 million in seed funding. The project, backed by Headline and Hoxton Ventures, has raised a total of $28.81 million.
Noble, a firm building infrastructure for the Cosmos ecosystem, secured $15 million in Series A funding. The project, supported by Paradigm and Polychain Capital, has raised $18.3 million so far.
Bitfinity, developing L2 solutions for the Bitcoin (BTC) ecosystem, raised $12 million in an unspecified round. Backed by Polychain Capital and other investors, Bitfinity has raised $19 million in total.
Several other notable crypto VC funding rounds under $10 million also took place during this period.
KGeN (formerly Kratos) secured $10 million, Rise Payroll raised $6.3 million, Shinami gathered $5.64 million, and LuluChain secured $5 million. OpenLayer and Truemarkets raised $5 million and $4.03 million respectively. Barter raised $3 million, Exponent secured $2.1 million, Gabby World raised $2 million, and KOKODI gathered $1.1 million.
The data for the previous week’s crypto VC funding can be found here.