In the last week of the month of December, 2024 Beam has raised $72 million through a sale to the public. The company also raised $72 million through a crypto Fundraising data revealed infrastructure and gaming as major points of interest.
The week’s investments totaled around $120 million. This is lower than the $400 million investment of the week before. Avalanche Labs led last week with a raise of $250 million. This is a look at other noteworthy investments that will close in 2024.
Beam 722 million, Beam
- The public sale raised $72 million. sale
- The project is focused specifically on Avalanche ecosystem development
ChainOpera AI, $17 million
- The company, specializing on AI Integration to Layer 1 solutions, secured $17 million in seed capital
- Finality Road Capital, and IDG Capital are among its sponsors.
- Additional 13 strategic investors
The Trrue Chain is $10 Million
- Trrue Chain raised $10 million in private funds
- Gem Digital is backing the project.
- It is focused specifically on Layer 1 infrastructure
Avalon Labs, $10 million
- The company has secured $10 million of Series A financing to expand the Bitcoin as well as Merlin Chain ecosystems
- Supported by Framework, Kenetic, and SNZ
Usual Labs, $10 million
- Funded $10 million through Series A funding. $18.5 million in total
- Backed by Binance Labs, Kraken Ventures, and Galaxy
- Usual Labs is building the USD0 stablecoin
Notable crypto VC round of funding under $10 million
- Nodepay obtained $7.9 million to fund AI infrastructure development
- Swan Chain (ex Fi1Swan) was awarded $2 million in Zero-Knowledge and DePIN solutions.
- RuneMine has raised $2 million for Bitcoin and Solana development of the ecosystem
- Grid Grid secured $624,000 of angel capital to support Solana analytics
- The amount of Easeflow financing TBD and focusing on the DePIN infrastructure
The last week of 2024 demonstrated the increasing blockchain gaming sector’s significance, as Beam’s massive public sale demonstrating a an increased interest from the retail market for gaming infrastructure.
