NG Solution Team
Technology

How much funding did crypto startups secure recently?

During the week of September 21-27, crypto startups raised nearly $380 million across 17 deals, demonstrating resilience despite market caution. Leading the funding rounds, Fnality International secured $136 million in a Series C round, with backing from major banks such as Westpac, Bank of America, and Citi, to further develop a regulated payment system. Zerohash followed with a $104 million Series D round, supported by investors including Fifth Third, Morgan Stanley, and SoFi, to enhance its full-stack crypto-service infrastructure. Additionally, RedotPay achieved $47 million in strategic funding, reaching a valuation of $1 billion, with investments from Coinbase Ventures, Galaxy Digital, and Vertex Ventures. Bastion raised $14.6 million in a strategic round to advance its operations in analytics, asset management, data service, and stablecoin sectors. Raiku, a coordination layer and infrastructure protocol, attracted $11.25 million in a seed round, backed by Pantera, Jump Capital, and Lightspeed Faction.

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