💰 Web3 Fundraising of the Week

Across Protocol secures 💵 $41m ✨️ from Paradigm (and 3 others, viz Bain Capital Crypto, Coinbase Ventures, Multicoin Capital) (source).
🔍 Across protocol is a novel bridging method that combines an optimistic oracle, bonded relayers and single-sided liquidity pools to provide decentralized instant transactions from rollup chains to Ethereum mainnet.
Infrared secures 💵 $14m (Series A) ✨️ from Framework Ventures (and 18 others, viz Decima, Rubik Ventures, Symbolic Capital, NGC Ventures, No Limit Holdings, Baboon VC, Auros Global, Animoca Brands, Halo Capital , CitizenX, Selini Capital, Stakestone, Ether.fi, Origami Finance, Ramen Finance, AlfaDAO, TempleDAO, Beraborrow) (source).
🔍 Infrared is an application for the Proof of Liquidity (PoL) consensus mechanism within the Berachain ecosystem.
Coral Finance secures 💵 $3m (Angel Round) ✨️ from Confidential (and 6 others, viz Taisu Ventures, KuCoin Ventures, Gate Ventures, Web3Port , Formless Capital, Mask Network) (source).
🔍 N.A.
Flowdesk secures 💵 $52m (Series B) ✨️ from HV Capital, BlackRock (and 3 others, viz Eurazeo, Cathay Innovation, Isai) (source).
🔍 Flowdesk is a French crypto market maker offering a suite of crypto-financial services.

FastLane Labs secures 💵 $6m ✨️ from DBA (and 5 others, viz Coinbase Ventures, Robot Ventures, Kiln, Hashkey Capital, Chorus One) (source).
🔍 FastLane is a hybrid Maximal Extractable Value (MEV) protocol designed to enhance the health and efficiency of blockchain networks by reducing transaction spam and improving validator rewards.

Prime Intellect secures 💵 $15m ✨️ from Founders Fund (and 6 others, viz Menlo Ventures, Andrej Karpathy, Clement Delangue, Tri Dao, Dylan Patel, Balaji Srinivasan) (source).
🔍 aims to develop a peer-to-peer compute and intelligence protocol, building on their mission to make AI and computing resources universally accessible.
Acki Nacki secures 💵 $6m ✨️ from Confidential (and 5 others, viz Kingsway Capital, K5 Global, Hack VC, Blockchain.com Ventures, Original Capital) (source).
🔍 Acki Nacki’s blockchain uses a “Bitcoin for Proof of Stake” model, mining $NACKL tokens.
ACID Labs secures 💵 $8m ✨️ from a16z Games, NFX (and 1 others, viz Fusion VC) (source).
🔍 a leader in instant social gaming on messaging platforms.
Lantern Finance secures 💵 $1m (Pre-Seed) ✨️ from Confidential (and 3 others, viz Orange DAO, Supermoon Ventures, Andover Ventures) (source).
🔍 Lantern offers easy access to institutional-grade crypto loans.

Figure secures 💵 $200m ✨️ from Sixth Street (source).
🔍 Figure is a blockchain technology startup that offers loan origination, equity management, and payments services using the Provenance Blockchain.
Finisterra Labs secures 💵 $3.75m (Seed) ✨️ from Haun Ventures (and 1 others, viz Lightshift) (source).
🔍 a company developing BaselightDB, a decentralized platform aimed at enhancing access and monetization of structured data across industries like finance and AI.
FanTV secures 💵 $3m (Strategic) ✨️ from Confidential (and 4 others, viz Mysten Labs, Cypher Capital, CoinSwitch Ventures, Illuminati Capital) (source).
🔍 AI agent platform for Content on Sui.
Orochi Network secures 💵 $12m (Seed) ✨️ from Confidential (and 9 others, viz Presto Labs, SMAPE Capital, Anti Capital, MAXX Capital, Aza Ventures, Connectico Capital, Kyros Ventures, Titans Ventures, Bolts Capital) (source).
🔍 a blockchain project focused on building a verifiable data infrastructure to enhance data integrity and interoperability across Web3 ecosystems, eliminating reliance on oracles.
FanTV secures 💵 $5.5m (Strategic) ✨️ from Confidential (and 6 others, viz Multicoin Capital, Krafton, Woodstock, Pravega Ventures, Tykhe Block Ventures, IOSG Ventures) (source).
🔍 AI agent platform for Content on Sui.

Ethena Labs secures 💵 $16m (Strategic) ✨️ from MEXC Ventures (source).
🔍 Ethena is a synthetic dollar protocol built on Ethereum.
Raise secures 💵 $63m (Strategic) ✨️ from Haun Ventures (and 3 others, viz Paper Ventures, Selini Capital, GSR) (source).
🔍 a leading digital prepaid and retail payments platform that enables consumers to save money and earn rewards on every purchase.
Shaga secures 💵 $4m (Seed) ✨️ from IOSG Ventures (and 10 others, viz Amber Group, Arca, HASH CIB, Everyrealm, MH Ventures, ATOM Accelerator, Echo, Vanta, Syndika, Memetic Digital) (source).
🔍 a cloud gaming platform on the Solana blockchain.
Ligero Inc secures 💵 $4m (Seed) ✨️ from Galaxy Digital, 1kx (and 6 others, viz Franklin Templeton, Anagram, Nascent, DCG, Robot Ventures, Zero Knowledge Validation) 🏷️ at valuation $20m (source).
🔍 a privacy-focused technology company developing zero-knowledge solutions for blockchain.
Endless secures 💵 $1m ✨️ from Foresight Ventures (source).
🔍 a distributed cloud protocol for Web3.

Byzantine Finance secures 💵 $3m (Pre-Seed) ✨️ from Node Capital, Blockwall Management (and 3 others, viz Lightshift, Masterkey, Kiln) (source).
🔍 infrastructure for restaking.
Mavryk Network secures 💵 $5.2m ✨️ from Confidential (and 5 others, viz Ghaf Capital Partners, Big Brain Holdings, Cluster Capital, Metavest Capital, Collective Ventures) (source).
🔍 a Layer 1 blockchain platform designed to integrate real-world assets (RWAs) with decentralized finance (DeFi), offering a scalable, secure, and business-oriented ecosystem for tokenization and mainstream adoption.
Geodnet secures 💵 $8m (Strategic) ✨️ from Multicoin Capital (and 2 others, viz ParaFi Capital, Digital Asset Capital Management) (source).
🔍 RTK (Real-Time Kinematics) enables a 100x improvement in position accuracy as compared to standalone GPS. GEODNET's global RTK Network naturally complements on-device sensors such as Cameras, LiDAR, and IMU's to power AI-based Autonomous Systems..
Bitwise secures 💵 $70m ✨️ from Confidential (and 11 others, viz Electric Capital, MMVentures, MIT Investment Managament Company, Highland Capital Partners, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, B.lc, Blockchain Coinvestors, Nikesh Arora) (source).
🔍 Bitwise is a crypto asset management firm.

Torch Finance secures 💵 $1.5m (Pre-Seed) ✨️ from TVM Ventures (source).
🔍 First Stable Swap on TON.
Tenor Labs secures 💵 $2.5m (Seed) ✨️ from Cherry Ventures, Cherry Crypto (and 7 others, viz Coinbase Ventures, Lattice Capital, Daedalus, Atka, Curved Ventures, Re7 Captial, Very Early Ventures) (source).
🔍 Fixed Rate Infrastructure for the Onchain Economy.
Imua secures 💵 $5m (Seed) ✨️ from Draper Dragon, No Limit Holdings, Paramita Venture (and 7 others, viz Reforge, Caladan, Tane Labs, Syntax Capital, MH Ventures, Lecca Ventures, 57Blocks) (source).
🔍 Imua is a new purpose-built L1 blockchain for shared security that aggregates on-chain decentralized trust via restaking and extends it as a service to the off-chain world of AI and more.