In the last week of December 2024, Beam successfully raised $72 million through a public sale, signaling a strong interest in blockchain gaming and infrastructure development.
Weekly investments reached nearly $120 million, significantly lower than the $400 million seen the prior week. Avalanche Labs topped the charts with a remarkable $250 million raise. Here’s a roundup of the major investments wrapping up 2024.
Beam Secures $72 Million
- Raised $72 million via public sale
- Focuses on development within the Avalanche ecosystem
ChainOpera AI Raises $17 Million
- This startup, which specializes in AI integration for Layer 1 solutions, has secured $17 million in seed funding
- Backed by notable investors, including Finality, Road Capital, and IDG Capital
- Supported by an additional 13 strategic investors
Trrue Chain Acquires $10 Million
- Trrue Chain raised $10 million in private funding
- Supported by Gem Digital
- Focuses on Layer 1 infrastructure
Avalon Labs Secures $10 Million
- Raised $10 million in Series A funding to enhance Bitcoin and Merlin Chain ecosystems
- Supported by prominent investors including Framework, Kenetic, and SNZ
Usual Labs Raises $10 Million
- Secured $10 million in Series A funding, bringing the total to $18.5 million
- Backed by Binance Labs, Kraken Ventures, and Galaxy
- Focused on creating the USD0 stablecoin
Noteworthy Crypto VC Funding Under $10 Million
- Nodepay raised $7 million for AI infrastructure development
- Swan Chain acquired $2 million for zero-knowledge and DePIN solutions
- RuneMine gathered $2 million for developments in Bitcoin and Solana ecosystems
- The Grid secured $624,000 in angel funding for Solana analytics
- Easeflow’s funding amount is TBD, focusing on DePIN infrastructure
The final week of 2024 highlighted the increasing significance of the blockchain gaming sector, with Beam’s impressive public sale reflecting strong retail interest in gaming infrastructure.
Stay tuned for upcoming updates on crypto VC funding trends.
