TLDR:
- Chaos Labs raised $55 million in a series A round led by Haun Ventures.
- Sahara AI secured $43 million in funding co-led by Binance Labs, Pantera Capital, and Polychain Capital.
This week saw significant activity in the crypto VC funding space, with over $130 million raised across various rounds. Chaos Labs led the way with a $55 million series A round, backed by Haun Ventures. The on-chain risk management company has seen substantial growth over the past year, with a customer base that includes major protocols like Aave and GMX.
Another notable funding round was Sahara AI’s $43 million raise, co-led by Binance Labs, Pantera Capital, and Polychain Capital. The decentralized AI blockchain platform has partnered with tech giants like Microsoft and Amazon and aims to disrupt the centralized AI landscape.
Additionally, Sling Money raised $15 million in a series A round, while Essential secured $11 million in funding for its declarative blockchain. Coinduit and Ion Protocol also saw successful fundraising rounds, further highlighting the ongoing activity in the crypto VC space.
