The third week of February saw major investments in security and infrastructure, with Blockaid leading the way with a $50 million Series B round.
The week’s funding totaled over $150 million, with security, DeFi, and infrastructure projects leading the funding as per Crypto Fundraising data.
Blockaid, $50 million
Raised $50 million in Series B funding
The project is backed by Ribbit Capital, Google Ventures and Variant
Blockaid has raised a total of $83 million so far
Kinto, $20 million
Kinto has secured $20 million in an unknown round
Backed by Brevan Howard
Kinto has raised a total of $25 million
Cygnus, $20 million
Raised $20 million in pre-seed funding
Cygnus is backed by Manifold, OKX Ventures, and Mirana
The project is creating DeFi and stablecoin solutions
Introducing Cygnus – a modular real yield layer and the first Web3 Instagram App Layer – onboarding the next billion users.
Cygnus is thrilled to announce the successful completion of a $20 million pre-seed funding round, backed by industry pioneers such as @ManifoldTrading,… pic.twitter.com/RmyN8pISmo
Universal Protocol raised $9 million in an unknown round
Backed by a16z crypto, Coinbase Ventures, and Four Cities Capital
Introducing Universal, uAssets, and our $9M round led by @a16zcrypto.
Universal brings the tokens you want to trade (think SUI, XRP, and DOGE) to the chains you already trade on (think Base and Solana) – and uAssets have already seen $850M+ in volume since going live.
