During the past week, more than 19 startups raised venture capital. The largest funding round went to the tokenized real-world assets platform Huma Finance, which secured $38 million.
Huma Finance Raises $38 Million
On September 11, Huma Finance announced that it had secured $38 million in funding led by Distributed Global. Hashkey Capital, Stellar Foundation, Folius Ventures, and Turkish private bank İşbank also participated. The company plans to use $10 million in equity financing and $28 million through yield-bearing RWAs to expand its PayFi network globally. In the coming months, Huma Finance plans to go live on Solana and Stellar’s smart contracts network.
Other Major Investments
London-based decentralized renewable energy developer Fuse secured $12 million in a funding round led by Multicoin Capital. PIN AI, aiming to build the world's first open Personal Intelligence Network, raised $10 million in pre-seed funding from a multitude of investors, including A16z CSX and Hack VC. Solana-based creator platform DRiP raised $8 million in seed funding, led by NFX. Hong Kong-based developer Nytro Lab nabbed $8 million for launching its first blockchain game, Castile.
Smaller Investments
DeFi abstraction platform Infinit raised $6 million. Gaming startup Moku secured $5.35 million led by Sky Mavis and A16Z GAMES. Other startups, such as Blocksense Network and Syrupal Protocol, raised amounts below $5 million.
Last week showcased significant interest from investors in the crypto space, with the largest investments going to Huma Finance and other notable investments in projects like Fuse and PIN AI.
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