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crypto.news 2025-03-01 12:38:23

Crypto VC funding: Figure leads with $200m raise, Ethena Labs nabs $100m

The final week of February 2025 saw Figure secure $200 million for its asset management platform. Crypto.news collected data from Crypto Fundraising and discovered that the week’s funding reached nearly $500 million across multiple sectors. There were major investments targeting DeFi infrastructure and asset management solutions; here they are: Figure, $200 million Raised $200 million in an unknown round Backed by Sixth Street Partners Figure is building asset management and banking solutions The project has raised $1.72 billion so far You might also like: U.S. Congressman to host Tigran Gambaryan at State of the Union address Ethena Labs, $100 million Secured $100 million in private funding Backed by Franklin Templeton, Polychain Capital, and Pantera It received an additional $16 million in funding from MEXC Ventures in the same week Ethena Labs is creating DeFi solutions on Ethereum It has raised over $136.5 million to date Bitwise, $70 million Bitwise raised $70 million in an unknown round The project is backed by Electric Capital, MassMutual Ventures, and MIT Investment Management Bitwise is building asset management solutions The project has raised $87 million so far Today we’re excited to announce Bitwise has completed a $70 million round of funding from top financial institutions and technology investors as we continue building the leading crypto asset management firm. Investors in the round include: – Electric Capital – MassMutual – MIT… pic.twitter.com/AJ5UCzT8uq — Bitwise (@BitwiseInvest) February 25, 2025 Raise, $63 million Raise secured $63 million in strategic funding The project is backed by HAUN, Paper, and Selini Raise is creating marketplace and payment solutions Thanks @InvestorHangout https://t.co/cKMP4zHkwl — Raise (@RaiseApp) February 26, 2025 Aurum, $12 million Aurum has secured $12 million in an unknown round with $100 million FDV The project is combining AI with asset management Orochi Network, $12 million Raised $12 million in seed funding The funding was backed by Presto, Smape, and Anti Capital Orochi Network is building infrastructure with zero-knowledge technology 🐉 Orochi Network has successfully raised $12M in funding. This investment powers Orochi Network to build Verifiable Data Infrastructure pic.twitter.com/3xfESYItbY — Orochi Network (@OrochiNetwork) February 27, 2025 Geodnet, $8 million Geodnet secured $8 million in strategic funding; raised $15 million so far Backed by Meld.cap and DACM, the startup aims to create IoT data service infrastructure Notable crypto VC funding rounds under $8 million Mavryk Network raised $5.20 million for L1 real-world assets Imua secured $5 million for AI security on L1 Shaga gathered $4 million for Solana gaming Ligero Inc. raised $4 million with $20 million FDV for privacy security Finisterra Labs secured $3.75 million for data analytics Meebit Company, FanTV, and Byzantine Finance each raised $3 million Tenor Labs gathered $2.50 million for DeFi lending Memes Lab secured $2.30 million for TON memes Aegis raised $2 million for DeFi stablecoins Torch Finance gathered $1.50 million for TON DEX Endless and EthicHub each secured $1 million Vortex raised $893,000 for DeFi infrastructure Morpheus Labs secured $430,000 in Series A for AI infrastructure Read more: Bitcoin is ‘still a very risk-on asset,’ Bloomberg’s Nicolle says

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