Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Blockchain startups raise $35.6M in December funding rounds

Blockchain startups raise $35.6M in December funding rounds

GrafaGrafa2024/12/18 09:10
By:Isaac Francis

Venture capital firms are increasing investments in blockchain startups, collaborating with ecosystems to support early-stage projects.

According to reports, the Web3 sector saw significant funding activity in December, reflecting growing investor interest heading into 2025.

Layer-2 ecosystem Morph announced a joint initiative with 14 venture firms, including Pantera Capital, Spartan Group, and Foresight Ventures, to support projects in its ecosystem.

“We’re compiling all of the resources builders need, not just access to venture capital,” a Morph spokesperson said.

Brighty, a fintech platform focusing on crypto payments, raised $10 million in a funding round led by Futurecraft Ventures.

The funds will expand its services in Europe and the UK, where users access European IBAN accounts linked to credit cards and custodial wallets across Ethereum (CRYPTO:ETH), Tron (CRYPTO:TRX), and other networks.

“Europe and the UK demonstrate an increase in crypto usage for everyday spending,” stated Brighty’s CEO Roger Buerli.

AgriDex, a Solana-based (CRYPTO:SOL) marketplace, raised $9 million in a round led by Sycamore Gap.

The platform enables on-chain trading of agricultural commodities, including wine and livestock.

With transaction fees under 0.5% and NFT-backed records, AgriDex targets a $4.5 billion agricultural market.

Yei Finance secured $2 million in seed funding for its v2 decentralised lending platform.

The update integrates Circle’s CCTP for native USD Coin (CRYPTO:USDC) transfers and features isolated lending pools and yield-bearing tokens.

Superform raised $3 million in a round led by VanEck Ventures to launch SuperVaults, its on-chain wealth management tool for passive returns using stablecoins.

Waterfall Network, a layer-1 decentralised ledger, raised $11.6 million to strengthen its blockchain infrastructure.

Combined, these funding efforts demonstrate venture capital’s commitment to blockchain innovation, with over $2 billion expected to flow into crypto startups in the coming months.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!