In the final week of December 2024, Beam raised $72 million through a public sale. Crypto Fundraising data highlighted gaming and infrastructure as key focus areas.
Weekly investments totaled nearly $120 million, down from $400 million the previous week. Avalanche Labs led last week with a $250 million raise. Here’s a look at the other notable investments closing out 2024.
Beam, $72 million
- Raised $72 million through public sale
- The project focuses on Avalanche ecosystem development
ChainOpera AI, $17 million
- The startup, specializing in AI integration for Layer 1 solutions, secured $17 million in seed funding
- Finality, Road Capital, and IDG Capital are among its backers
- Supported by 13 additional strategic investors
Trrue Chain, $10 million
- Trrue Chain raised $10 million in private funding
- Gem Digital is backing the project
- It focuses on Layer 1 infrastructure
Avalon Labs, $10 million
- Secured $10 million in Series A funding to build on Bitcoin and Merlin Chain ecosystems
- Supported by Framework, Kenetic, and SNZ
Usual Labs, $10 million
- Raised $10 million in Series A funding; $18.5 million total
- Backed by Binance Labs, Kraken Ventures, and Galaxy
- Usual Labs is building the USD0 stablecoin
Notable crypto VC funding rounds under $10 million
- Nodepay secured $7 million for AI infrastructure development
- Swan Chain (ex Fi1Swan) raised $2 million for zero-knowledge and DePIN solutions
- RuneMine gathered $2 million for Bitcoin and Solana ecosystem development
- The Grid secured $624,000 in angel funding for Solana analytics
- Easeflow funding amount TBD, focusing on DePIN infrastructure
This final week of 2024 showed the blockchain gaming sector’s growing importance, with Beam’s substantial public sale showing strong retail interest in gaming infrastructure.
Check out last week’s crypto VC funding data here.
