Block of Fame tracks all recent fundraising rounds for crypto and blockchain projects. As of today, the total cumulative funding for Web3 crypto projects stands at $23.91 billion.
38
$915.1M
| Project | Category | Funding amount | Funding round | Funding date | Investors |
|---|---|---|---|---|---|
Meanwhile |
Blockchain Infrastructure
|
$400.0k | Series A | April 10, 2025 |
Framework Ventures
Fulgur Ventures
|
Blackbird |
Blockchain Service
|
$50.0M | Series B | April 8, 2025 |
a16z
Coinbase Ventures
|
Plume Network |
Chain
|
$Invalid amount | Undisclosed | April 8, 2025 |
Apollo Global Management
|
OpenZK |
Chain
|
$6.0M | Undisclosed | April 11, 2025 |
Animoca Brands
Soverign Trust
|
Sats Terminal |
DeFi
|
$1.7M | Pre-Seed | April 8, 2025 |
Coinbase Ventures
Draper Associates
|
CAP |
Stablecoin
|
$11.0M | Seed | April 7, 2025 |
Franklin Templeton
Susquehanna
|
Towns |
Social
|
$10.0M | Series B | April 10, 2025 |
Andreessen Horowitz (a16z)
Coinbase Ventures
|
Octane |
Blockchain Service
|
$6.8M | Seed | April 8, 2025 |
Winklevoss Capital
Gemini
|
Auradine |
Blockchain Infrastructure
|
$153.0M | Series C | April 16, 2025 |
Qualcommm
Samsung Catalyst Fund
|
Upexi |
Blockchain Service
|
$100.0M | Undisclosed | April 21, 2025 |
GSR
Borderless Capital
|
LayerZero |
Blockchain Infrastructure
|
$55.0M | Undisclosed | April 17, 2025 |
Andreessen Horowitz (a16z)
|
Neutrl |
Blockchain Service
|
$5.0M | Seed | April 16, 2025 |
Accomplice
STIX
|
Dinari |
Blockchain Service
|
$22.7M | Series B | May 1, 2025 |
Hack VC
Avalanche Foundation
|
Miden |
Blockchain Service
|
$25.0M | Private | April 29, 2025 |
Andreessen Horowitz (a16z)
1 Kx
|
Donut |
DeFi
|
$7.0M | Pre-Seed | May 29, 2025 |
Hack VC
Bitkraft Ventures
|
Dexari |
DeFi
|
$2.3M | Seed | May 29, 2025 |
Binance.US
Prelude
|
Dinari |
CeFi
|
$22.7M | Series A | May 1, 2025 |
Hack VC
Blockchange Ventures
|
DogeOS |
Blockchain Service
|
$6.9M | Undisclosed | May 6, 2025 |
Polychain Capital
|
DoubleUp |
GameFi
|
$4.0M | Seed | May 12, 2025 |
Karatage
Selini Capital
|
XP |
Blockchain Service
|
$6.2M | Seed | May 15, 2025 |
Blockchange Ventures
L1 Digital (L1D)
|
True Markets |
Blockchain Service
|
$11.0M | Series A | May 20, 2025 |
Accomplice
RRE Ventures
|
Catena Labs |
Blockchain Service
|
$18.0M | Seed | May 20, 2025 |
Andreessen Horowitz (a16z)
Coinbase Ventures
|
Hyperdrive |
DeFi
|
$6.0M | Series A | May 23, 2025 |
Arrington Capital
Hack VC
|
Avantis |
DeFi
|
$8.0M | Series A | June 3, 2025 |
Pantera Capital
Founders Fund
|
3Jane |
DeFi
|
$5.2M | Seed | June 4, 2025 |
Paradigm
Coinbase Ventures
|
RISE |
Blockchain Service
|
$7.2M | Undisclosed | June 9, 2025 |
Galaxy
|
Orange Cap Games |
DeFi
|
$3.5M | Seed | June 9, 2025 |
1kx
Yuga Labs
|
Hypernative |
Blockchain Service
|
$40.0M | Series B | June 10, 2025 |
Ballistic Ventures
Ten Eleven Ventures
|
Yupp |
Blockchain Service
|
$33.0M | Seed | June 13, 2025 |
Andreessen Horowitz (a16z)
Coinbase Ventures
|
OneBalance |
Blockchain Service
|
$20.0M | Series A | June 11, 2025 |
Blockchain Capital
cyber Fund
|
PrismaX |
Blockchain Service
|
$11.0M | Seed | June 16, 2025 |
a16z CSX
Volt Capital
|
Uptopia |
GameFi
|
$4.0M | Pre-Seed | June 17, 2025 |
Pantera Capital
Coinbase Ventures
|
Concrete |
DeFi
|
$9.5M | Undisclosed | June 23, 2025 |
Polychain Capital
YZi Labs (Prev. Binance Labs)
|
Kalshi |
CeFi
|
$185.0M | Series C | June 25, 2025 |
Paradigm
Sequoia Capital
|
Inference Labs |
Blockchain Infrastructure
|
$3.0M | Undisclosed | June 26, 2025 |
Delphi Ventures
Mechanism Capital
|
OpenRouter |
Blockchain Service
|
$40.0M | Series A | June 27, 2025 |
Andreessen Horowitz (a16z)
Menlo Ventures
|
Agora |
DeFi
|
$5.0M | Series A | July 10, 2025 |
Paradigm
DragonFly Capital
|
Function |
Blockchain Service
|
$10.0M | Seed | July 15, 2025 |
Galaxy
Mantle
|
Web3 VC funding refers to investments made by venture capitalists (VCs) into startups and projects building in the blockchain and decentralized internet (Web3) space. These funds help early-stage companies develop, scale, and bring their innovations to market.
It involves Seed Funding Rounding for supporting the founding team with a mere whitepaper; Series A-C rounds for backing growth, tech and scaling ; Strategic/Ecosystem rounds for projects stemming from exchanges ; and Projects raising from a public token launch instead of IPO.
Top Web3 VC Firms include a16z Crypto (Andreessen Horowitz’s crypto arm), Paradigm (backed Compound, Coinbase, Optimism), Polychain Capital (early ETH and Polkadot backer, Pantera Capital (One of the oldest crypto VCs) , Framework Ventures – (Known for hands-on tokenomics). Further, prominent Strategic ecosystem investors include Binance Labs, Coinbase Ventures, OKX Ventures.
Web3 startups secured approximately $8.5 billion in VC funding, marking a 3.66% year-over-year increase from 2023.
However, the number of deals decreased by 26%, with 1,545 deals recorded in 2024. This suggests that while fewer startups received funding, those that did attracted larger investments.
According to analysts and fundings till now, DePIN, RWA tokenization, DeFi-AI, GameFi, Metaverse, decentralized social platforms, creator economy, and stablecoins remain the centre of attraction.