Crypto VC Funding: Monkey Tilt, Canaan Creative secure $30M each

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Gambling and artificial intelligence (AI) solutions took center stage in crypto funding, with both Monkey Tilt and Canaan Creative securing $30 million each in the third week of November.

Total investments surpassed $125 million across various sectors. This is slightly higher than last week’s total of $120 million raised.

Crypto.news analyzed data provided by Crypto Fundraising to identify the top-performing projects in terms of capital raised.

Monkey Tilt, $30 million

  • Raised $30 million in Series A funding for a total of $51 million
  • Backed by Pantera, Hack VC, and Polychain Capital
  • Focusing on gambling and P2E gaming development

Canaan Creative, $30 million

  • Secured $30 million in an unknown round
  • The project develops AI and infrastructure solutions
  • Canaan Creative raised $73 million in total

JUST IN: Canaan Creative secures $30m in Private Equity funding to revolutionize blockchain and AI technology, making them a formidable player in the infrastructure sector.

— Coin.News by BabyDoge (@CoinDotNews) November 22, 2024

Deblock, $16.81 million

  • Raised $16.81 million in seed funding
  • Deblock specializes in payment and wallet solutions
  • The project is backed by Headline and Hoxton Ventures
  • The firm raised a total of $28.81 million.

Noble, $15 million

  • Secured $15 million in Series A funding
  • The firm is building infrastructure for Cosmos ecosystem
  • Supported by Paradigm and Polychain Capital
  • Raised $18.3 million so far

Bitfinity, $12 million

  • Raised $12 million in an unknown round
  • The project is developing L2 solutions for Bitcoin (BTC) ecosystem
  • Bitfinity raised $19 million so far
  • Backed by Polychain Capital and other investors

📣Bitfinity is backed by top-tier partners and is set to redefine the future of blockchain.🌐

This incredible journey wouldn’t have been possible without the unwavering support of our visionary investors: ParaFi Capital, Draft Ventures, Dfinity, Liquity, Dokia Capital, Warburg… pic.twitter.com/KU9ys99rJL

— Bitfinity Network (@bitfinitynet) November 21, 2024

Notable crypto VC funding rounds under $10 million

  • KGeN (ex Kratos) secured $10 million in an unknown round
  • Rise Payroll raised $6.3 million in Series A funding
  • Shinami gathered $5.64 million in seed funding
  • LuluChain secured $5 million in an unknown round with $50M FDV
  • OpenLayer raised $5 million in an unknown round
  • Truemarkets gathered $4.03 million through a public sale
  • Barter raised $3 million in seed funding
  • Exponent secured $2.1 million in an unknown round
  • Gabby World raised $2 million in an unknown round with $20M FDV
  • KOKODI gathered $1.1 million in seed funding

Check out last week’s crypto VC funding data from here.

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