Crypto Funding Hits $122M as Lighter Dominates With $68M

The week of November 9-15, 2025, recorded $122.35 million in crypto funding across 10 projects.

Summary

• Crypto startups raised $122.35M this week, led by Lighter’s strong $68M round.
• Funding flowed into AI gaming, compute networks, and encrypted blockchain platforms.
• Ten projects secured capital, with smaller rounds from Bluefin, Curvance, and others.

As per the data, Lighter’s $68 million raise led the last week’s funding period that featured derivatives platforms, gaming ventures, and infrastructure development.

Here’s a breakdown of this week’s crypto VC activity as per Cryptofundraising data:

Lighter

• Lighter has raised $68 million in an unknown round
• The project has a fully diluted valuation of $1.50 billion
• The investment was backed by Founders Fund, Ribbit Capital, and Haun Ventures

Kyuzo’s Friends

• Kyuzo’s Friends secured $11 million in an unknown round
• The project is an AI-driven Web3 social game
• Investors include DeAgency, Stratified Capital, and Chain Capital

Acurast

• Acurast is a decentralized verifiable compute network
• Raised $11 million in an unknown round
• The investment was backed by CoinList, Scytale Digital, and P2O2
• Acurast has raised a total of $16.4 million

Seismic

• Gathered $10 million in an unknown round
• Investors include AI6Z, Polychain Capital, and Amber Group
• Seismic is an encrypted blockchain platform and has raised $17 million so far

Self Protocol

• Self Protocol raised $9 million in a seed round
• The investment was backed by Green Field, Scytale Digital, and Spearhead
• Self is a digital identity and trust infrastructure platform

Projects Under $5 Million Funding

• Bluefin (ex Firefly, dTrade), $4.35 million in an unknown round
• Curvance, $4 million in a strategic round
• Shodai Network, $2.5 million in a seed round
• Takadao, $1.5 million in a seed round
• Tria, $1 million in a public sale

Read last week’s VC funding activity here.