TLDR:
- Riot Platforms acquired Block Mining in a $92.5 million deal
- NPC Labs raised $18 million in seed funding
This week’s crypto VC roundup featured investments in web3 gaming, Ethereum scaling, Bitcoin infrastructure, and decentralized AI. Riot Platforms acquired Block Mining for $92.5 million, increasing operational capacity by 60 megawatts. NPC Labs raised $18 million in seed funding led by Pantera Capital. Other notable investments include Caldera raising $15 million, Igloo Inc. raising $11 million for NFT project Abstract, and Bitlayer securing $11 million for their Bitcoin Layer-2 startup. Various other projects also received funding, pushing the total VC funding for the week over $210 million.
