Weekly Funding Update | 14 Projects Secured Investment, Total Funding Reaches $610 Million (2.9-2.22)

According to Odaily Planet Daily’s incomplete statistics, from February 9 to February 22, 2025, a total of 14 funding events were disclosed in the global blockchain industry, a significant increase from 6 in the previous week; the total funding amount was $610 million, a substantial rise from $154 million the week before. Due to the Chinese New Year holiday in the previous week, this period’s data has been specially adjusted to a bi-weekly report to ensure completeness and continuity.

The project with the largest single funding amount in this period is AI Agent startup Temporal, which completed a $300 million Series D funding round at a valuation of $5 billion (led by a16z). The second is AI Fintech startup Bretton AI (formerly Greenlite AI), which raised $75 million in Series B funding.

Against the backdrop of the ongoing AI Agent boom, this momentum is rapidly spreading into the investment and financing markets.

Below are the specific funding events (Note: 1. Sorted by disclosed amount; 2. * indicates companies involved in blockchain-related “traditional” sectors):

AI Agent startup Temporal completes $300 million Series D at $5 billion valuation, led by a16z

On February 18, AI Agent startup Temporal announced the completion of a $300 million Series D funding round at a $5 billion valuation, led by Andreessen Horowitz (a16z). Participants include Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital. It is reported that OpenAI, Snap, Netflix, and JPMorgan Chase are among its users. The company states that this round of funding is not “chasing the AI hype,” but aims to build a platform to address common reliability challenges faced by AI Agents in complex, long-running processes.

Bretton AI completes $75 million Series B funding, led by Sapphire Ventures

On February 10, AI Fintech compliance startup Bretton AI announced the completion of a $75 million Series B funding round, led by Sapphire Ventures, with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures. The company was founded by Will Lawrence, a former employee of stablecoin infrastructure firm Paxos. Its clients mainly include fintech startups such as Mercury, Ramp, Robinhood, and Coinbase, as well as some community regional banks, helping them achieve anti-money laundering and KYC compliance operations.

Sports prediction market Novig completes $75 million Series B funding, led by Pantera Capital

On February 18, sports prediction market Novig announced the completion of a $75 million Series B funding round, led by Pantera Capital. This funding values Novig at approximately $500 million.

Novig states that it is a prediction market platform focused on sports. Founded by Jacob Fortinsky and Kelechi Ukah, it aims to challenge traditional sports betting markets through a peer-to-peer (P2P) trading model. The platform currently operates via a lottery model and is applying for regulatory approval from the U.S. Commodity Futures Trading Commission. Novig charges no commissions to retail users and profits by charging institutional participants. The funds will be used to expand its business in the sports prediction market sector.

OneChain officially announces $67 million Series A strategic funding

On February 18, OneChain announced the completion of $67 million in Series A strategic funding. The funds will mainly be used to develop a comprehensive RWA (Real-World Assets) on-chain infrastructure for institutional asset issuers, financial institutions, and global investors, providing a one-stop solution for the issuance, management, rights confirmation, and liquidity trading of real assets.

Backpack seeks to raise $50 million at a $1 billion valuation

On February 10, sources revealed that Backpack is negotiating terms for a new round of $50 million funding, with a valuation of $1 billion.

Inference Research completes $20 million seed round, led by Avenir Group founded by Li Lin

On February 12, AI quantitative trading firm Inference Research announced the completion of a $20 million seed round, led by Avenir Group founded by Li Lin. The funds will be used to expand the company’s proprietary infrastructure to integrate traditional finance and digital assets, and to accelerate talent recruitment. It is reported that the company is building a team of quantitative analysts, engineers, and researchers.

Monark Markets completes $8 million strategic round, led by F-Prime

On February 20, embedded API infrastructure provider Monark Markets announced the completion of an $8 million strategic round, led by F-Prime, with participation from Commerce Ventures, Grit Capital Partners, and BBAE Holdings. The company’s API infrastructure supports fintech platforms such as Apex Fintech Solutions and Altruist Financial, enabling private market investments to be directly embedded into existing client accounts, thereby driving investment demand in AI, blockchain, and other key growth engines of the private markets.

Superset, a liquidity execution layer, completes $4 million seed funding, led by 7RIDGE

On February 11, the unified liquidity execution layer Superset, focused on stablecoins, tokenized deposits, and on-chain forex, announced the completion of $4 million seed funding, led by 7RIDGE and Exponential Science Capital. The new funds will support collaborations with liquidity providers, market makers, stablecoin issuers, aggregators, and wallets, preparing for subsequent market promotion.

Web3 entertainment company YOAKE completes $3.2 million strategic round, with Sony Innovation Fund participating

On February 13, Web3 entertainment company YOAKE announced the completion of a $3.2 million strategic round, with Sony Innovation Fund participating. The funds will be used to accelerate the expansion of on-chain entertainment scenarios on Sony’s blockchain network Soneium. To date, the company’s total funding has reached $4.45 million.

Unicity Labs completes $3 million seed round, led by Blockchange Ventures

On February 20, independent internet protocol development company Unicity Labs announced the completion of a $3 million seed round, led by Blockchange Ventures, with participation from Middle Eastern communication app Tawasal and early Web3 investment firm Outlier Ventures. The funds will be used to build a peer-to-peer encrypted architecture enabling autonomous AI Agents to discover services, verify counterparties, and conduct transactions at machine speed without intermediaries or shared ledgers.

Birch Hill Holdings completes $2.5 million pre-seed funding, led by ParaFi Capital and others

On February 11, digital asset infrastructure firm Birch Hill Holdings announced the completion of $2.5 million pre-seed funding, led by ParaFi Capital and Castle Island Ventures, with participation from Nascent, FalconX Ventures, Coin Operated Group, The Operating Group, JST Digital, Flowdesk, and CEO Ramin Kamfar.

RubberVerseX announces $2 million strategic financing

On February 11, digital rubber economy project RubberVerseX (RVX) announced the completion of $2 million in strategic funding, jointly invested by HVS Ventures, BD Ventures, and M2M Capital. The funds will accelerate the development of a transparent, data-driven digital rubber economy system. Relying on real rubber plantations and industry resources, and through a verifiable data network, the project aims to incorporate planting, processing, and circulation into an on-chain system, covering ESG-certified outputs, carbon credits, and other real asset value generation paths, promoting the evolution of the traditional rubber industry toward a sustainable, participatory digital economy.

Xross Road completes $1.5 million pre-seed funding for AI manga platform development

On February 10, Xross Road announced on the X platform that it has completed a $1.5 million pre-seed funding round. The funds will be used to develop the next-generation IP creation and distribution via Xross Road and its AI-driven manga platform HANASEE. The round was participated in by Arbitrum Gaming Ventures, Decima Fund, Taisu Ventures, and Baboon VC.

Privacy stablecoin project Zoth completes strategic financing, with Pudgy Penguins CEO and others participating

On February 9, stablecoin project Zoth announced the completion of a new round of strategic financing, with undisclosed amounts. Taisu Ventures led the round, with NFT project Pudgy Penguins CEO and owner Luca Netz and JLabs Digital participating. The funds will support the development of a privacy-first stablecoin infrastructure based on a “privacy-first” framework.