Financing Weekly Report | 9 Public Financing Events, Venice AI Secures $65M Series A Funding Led by Dragonfly
Funding Roundup Weekly: 9 public financing events, with Venice AI securing a $65 million Series A led by Dragonfly.
Last week saw slightly reduced activity in the crypto primary market, with capital continued to flow into on-chain trading and Web3+AI. There were a total of 9 financing events, raising over $506 million.
Key highlights:
- **DeFi**: 3 events. On-chain perpetuals exchange Extended secured a $12.5M strategic round led by eToro.
- **Web3+AI**: 3 events. Privacy-first AI platform Venice AI raised $65M in Series A funding at a $1B valuation, led by Dragonfly.
- **Prediction Markets**: 1 event. Index provider Adjacent raised $2.5M in Pre-Seed funding.
- **CeFi**: 1 event. Lion Group plans to invest up to $12M in Indonesian stablecoin developer PT Nusantara Bumi Sangkara.
- **Other**: 1 event. Bitcoin miner Ionic Digital closed a ~$400M private funding round.
- **Acquisition**: Privacy computing project Sunscreen announced its acquisition by Fhenix.
marsbit07/06 03:07
