Crypto Funding Hits $122 Million This Week — Here’s What Happened
From November 9 to 15, 2025, crypto startups pulled in $122.35 million across just 10 projects. Even though the number of deals was small, a few big rounds helped push the total higher—especially a massive raise from Lighter.
Below is a clear look at what happened in the crypto fundraising world this week.
Lighter Leads the Week With a Huge $68M Raise
The biggest story this week came from Lighter, which secured an impressive $68 million.
- Round type: Not disclosed
- Backers: Founders Fund, Ribbit Capital, Haun Ventures
- Fully diluted valuation: $1.5 billion
This single raise accounted for more than half of all the money that entered the crypto space this week.
Kyuzo’s Friends Brings in $11M
Next up is Kyuzo’s Friends, an AI-powered Web3 social game that continues to generate buzz.
- Amount raised: $11 million
- Round type: Unknown
- Investors: DeAgency, Stratified Capital, Chain Capital
Acurast Raises $11M for Decentralized Compute
Acurast, a decentralized and verifiable compute network, also secured $11 million.
- Round type: Unknown
- Investors: CoinList, Scytale Digital, P2O2
- Total funding to date: $16.4 million
Seismic Pulls in $10M for Encrypted Blockchain Tech
Seismic, a project focused on encrypted blockchain infrastructure, raised $10 million.
- Investors: AI6Z, Polychain Capital, Amber Group
- Total raised so far: $17 million
Self Protocol Secures $9M to Build Digital Identity Tools
Self Protocol—a platform working on digital identity and trust—closed a $9 million seed round.
- Investors: Green Field, Scytale Digital, Spearhead
Smaller Rounds Under $5 Million
Several other projects also picked up smaller—but still meaningful—funding:
- Bluefin (formerly Firefly / dTrade) – $4.35M
- Curvance – $4M (strategic round)
- Shodai Network – $2.5M (seed round)
- Takadao – $1.5M (seed round)
- Tria – $1M (public sale)
Bottom Line
This was a strong week for crypto fundraising, thanks mostly to a few large rounds in:
- AI + gaming
- Blockchain infrastructure
- Encrypted networks
- Digital identity
Even with market volatility, venture capital is still flowing into projects building real technology—especially those mixing AI with Web3 or improving blockchain infrastructure.
