Skip to content

Rain raises $58m, OrangeX secures $20m



This past week saw nearly $235 million in crypto VC funding with several notable funding rounds, led by Rain, which raised $58 million in Series B funding for its stablecoin interoperability platform.

Other key investments include M^0, securing $40 million for its decentralized middleware protocol, and OrangeX, which raised $20 million for its global crypto trading platform.

Additionally, aPriori gathered $20 million in a strategic round for its work in DeFi, liquidity, and staking. Other projects such as Hemi Labs, The Clearing Company, and Magne AI also raised significant funds, highlighting continued investor confidence across the crypto space.

Series B funding rounds dominated the activity this week. Here’s a breakdown of this week’s crypto funding developments, according to Crypto Fundraising data.

Summary

  • Crypto VC raised $234.9m this week, led by Rain’s $58m Series B round
  • M^0 raised $40m Series B, while OrangeX secured $20m for expansion
  • Smaller projects raised $1.5m–$15m, showing strong sector diversity

Rain

  • Rain raised $58 million in a Series B round that included Sapphire Ventures, Dragonfly, and Galaxy Digital.
  • The project is a stablecoin interoperability platform that has raised $88.5 million to date.

M^0

  • M^0, a decentralized middleware protocol, secured $40 million in a Series B round.
  • Polychain Capital, Ribbit Capital, and Endeavor backed the startup, which has raised $97.5 million to date.

OrangeX

  • OrangeX, a global crypto trading platform, collected $20 million in a Series B round
  • Investors include Kryptos and SCI Ventures; OrangeX has raised $30 million to date.

aPriori

  • The project gathered $20 million in a strategic round. The startup operates in DeFi, liquidity, and staking sectors
  • HashKey Capital, Pantera, and Primitive Ventures are aPriori’s investors.

Projects < $20 million

  • Hemi Labs, $15 million in an unknown round
  • The Clearing Company, $15 million in a Seed round
  • Magne AI, $10 million in a Strategic round
  • Hyperbot, $6.75 million in an unknown round
  • Metafyed, $5.5 million in an unknown round
  • Multipli, $5 million in an unknown round
  • Splendor Labs, $4.5 million in a Seed round
  • Almanak, $2.5 million in a Public sale
  • Superfluid, $2 million in a Public sale
  • Suzaku, $1.5 million in an unknown round
  • Fly (ex Magpie Protocol), $340,000 in an unknown round





Article Source

Leave a Reply

Your email address will not be published. Required fields are marked *

bitcoin
Bitcoin (BTC) $ 68,207.00 0.24%
ethereum
Ethereum (ETH) $ 1,975.00 0.81%
tether
Tether (USDT) $ 0.999571 0.00%
xrp
XRP (XRP) $ 1.48 1.28%
bnb
BNB (BNB) $ 622.94 1.71%
usd-coin
USDC (USDC) $ 0.999916 0.00%
solana
Solana (SOL) $ 86.16 1.71%
tron
TRON (TRX) $ 0.284207 1.56%
dogecoin
Dogecoin (DOGE) $ 0.09958 2.20%
staked-ether
Lido Staked Ether (STETH) $ 2,265.05 3.46%
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.02 0.00%
bitcoin-cash
Bitcoin Cash (BCH) $ 562.01 0.40%
whitebit
WhiteBIT Coin (WBT) $ 51.37 0.30%
cardano
Cardano (ADA) $ 0.285399 2.57%
usds
USDS (USDS) $ 0.999274 0.00%
leo-token
LEO Token (LEO) $ 8.52 0.34%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67 3.22%
hyperliquid
Hyperliquid (HYPE) $ 30.24 1.28%
ethena-usde
Ethena USDe (USDE) $ 0.999016 0.00%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00 3.12%
chainlink
Chainlink (LINK) $ 8.85 1.83%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762 0.02%
monero
Monero (XMR) $ 334.43 4.83%
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93 3.47%
canton-network
Canton (CC) $ 0.161675 0.21%
stellar
Stellar (XLM) $ 0.167712 0.56%
usd1-wlfi
USD1 (USD1) $ 0.998524 0.04%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31 3.39%
zcash
Zcash (ZEC) $ 288.28 0.84%
susds
sUSDS (SUSDS) $ 1.08 0.16%
rain
Rain (RAIN) $ 0.009609 1.88%
hedera-hashgraph
Hedera (HBAR) $ 0.100593 0.88%
litecoin
Litecoin (LTC) $ 54.99 2.02%
dai
Dai (DAI) $ 0.999757 0.01%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00 3.12%
paypal-usd
PayPal USD (PYUSD) $ 0.999747 0.00%
avalanche-2
Avalanche (AVAX) $ 9.16 0.39%
shiba-inu
Shiba Inu (SHIB) $ 0.000007 1.30%
weth
WETH (WETH) $ 2,268.37 3.40%
sui
Sui (SUI) $ 0.973512 1.12%
the-open-network
Toncoin (TON) $ 1.43 0.64%
crypto-com-chain
Cronos (CRO) $ 0.079815 0.35%
usdt0
USDT0 (USDT0) $ 0.998824 0.03%
world-liberty-financial
World Liberty Financial (WLFI) $ 0.099867 0.85%
tether-gold
Tether Gold (XAUT) $ 4,870.07 1.90%
memecore
MemeCore (M) $ 1.45 12.30%
polkadot
Polkadot (DOT) $ 1.37 1.76%
uniswap
Uniswap (UNI) $ 3.57 0.48%
pax-gold
PAX Gold (PAXG) $ 4,898.47 1.91%
mantle
Mantle (MNT) $ 0.639853 1.80%