Blockchain startups raised $173M in a week, led by Hypernative
Blockchain services lead investments
According to Incrypted, 15 projects raised a total of approximately $173 million between June 7 and 14, while four others did not disclose the amount received. Investor interest was mainly focused on blockchain services and infrastructure solutions.
The top fundraising rounds of the week came from Hypernative and Turnkey, which secured $40 million and $30 million respectively.
Israeli startup Hypernative, offering real-time Web3 threat protection, closed a Series B round led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, Boldstart Ventures, and IBI Tech Fund. The funding will be used to expand its operations.
Share of Crypto Startup Segments by Funds Raised. Source: Incrypted
Turnkey, a crypto wallet infrastructure provider, also closed a Series B round. The lead investor was Bain Capital Crypto, with participation from Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute, and Variant. The funds will support team expansion.
Stablecoin transfer solution Noah secured $22 million from LocalGlobe, with participation from Felix Capital, FJ Labs, and other private investors. OneBalance, a developer of an account management framework, raised $20 million from Blockchain Capital, cyber Fund, Mirana Ventures, and L2 Iterative Ventures.
Blockchain services lead investments
In addition, Australia-based CloudTech Group raised $14 million in fiat and crypto, and Web3 platform Try Your Best secured $11 million from investors including Coinbase Ventures.
Several other companies, including OpenTrade, NuConstruct, SOON, RISE, Orange Cap Games, and Otonomi, raised up to $10 million each.
According to Incrypted, the second week of June saw less venture funding compared to the previous week, when 14 startups raised a combined total of $677 million.
As we wrote, Crypto VC funding up 87% in 2025 despite weak May
