The final week of January saw a strong focus on AI and infrastructure development, with Cipher Mining securing $50 million from SoftBank.
The week’s funding reached over $200 million, with investments spread across various sectors, from mining operations to identity solutions and gaming platforms. Let’s look into the key deals that were completed, according to the data from Crypto Fundraising.
Cipher Mining, $50 million
SoftBank-backed Cipher Mining raised $50 million through a PIPE (private investment in public equity) deal.
We are thrilled to announce a $50M PIPE investment from @SoftBank_Group . This investment will support $CIFR‘s HPC data center development business and establish SoftBank as a significant primary investor in Cipher.
The project, backed by Paradigm and Coinbase Ventures, has raised a total of $30 million
1/ We are proud to announce our $25M Series A led by @Paradigm, with participation from @cbventures and other strategic angels.
This highlights the support from Web2 & Web3 leaders for DomainFi, a decentralized finance layer to accelerate the growth of domains as a $340B+… pic.twitter.com/CFhDDS2Aj9
Secured $20 million in an unknown round with $1.10 billion FDV
Backed by Pantera and Jump
Humanity Protocol has raised a total of $50 million
VitalVEDA, $20 million
VitalVEDA raised $20 million in an unknown round
The investment was backed by Rothman Management
The project is creating an AI-powered fitness platform
Focusing on sports and dApp development
Elastos, $20 million
Elastos raised $20 million in an unknown round
Backed by Rothman Management
Elastos is building identity and L1 infrastructure
Sign, $16 million
YZILabs-backed Sign raised $16 million in an unknown round
The on-chain infrastructure, used for token distribution and credential verification, has raised a total of $28.65 million
Cryptio, $15 million
Cryptio secured $15 million in Series A funding
Backed by Alven, 1kx, and other investors
Cryptio raised a total of $26.2 million
Pixion Games, $12.4 million
Pixion Games raised $12.4 million in an unknown round
The project is backed by Delphi Digital, SkyMavis, and L1D
Pixion Games is building P2E gaming on Avalanche (AVAX)
The project has raised $17.9 million so far
World Liberty Financial, $10 million
World Liberty Financial secured $10 million in an unknown round
The investment was backed by Web3PORT
The project has raised a total of $340 million
We’re excited to announce a $10 million investment in World Liberty Financial @worldlibertyfi and are actively working on plans for additional purchases. Both sides are committed to building a “long-term partnership” and exploring opportunities in investment, ecosystem…
