Weekly salary increases
- Bit Sensor Builder Bag Big Ground.
- A16Z supports another encryption project.
Seven Crypto startups raised a total of $92 million this week, according to data compiled by Defillama.
This will bring total Crypto startups to $11.1 billion in 2025. That's 60% of Pitchbook's $18 billion forecast this year.
The VC is spreading bets all across the board, but this week one theme dominated. It's artificial intelligence.
The biggest salary increases of the week went to corporate buildings at the intersection of code and AI.
From distributed AI networks to training robotic data engines, AI-centric projects have been carried over 60% of this week's funding round.
Below are the three biggest rounds of the week.
Xtao, $22.8 million
The biggest winner of this week is XTAO, the infrastructure for the construction infrastructure of a Cayman Islands-dominated company.
Bittensor is a fledgling project that takes on centrally controlled artificial intelligence giants such as Openai and Google.
“It was like when I first found Bitcoin and saw the problem it was trying to solve,” Samaroo said earlier. DL News.
Bittensor is “the best shot with the goal of distributed AI.”
The company raised $22.8 million in a round backed by digital currency group, Animaka brand, ARCA, Borderless Capital and Falconx.
Solna, $20 million
Soluna, a green data center operator with enhanced bitcoin mining and AI workloads, has raised $20 million in new funding using renewable energy.
The publicly available company — NASDAQ's ticker SLNH — says it will use capital to expand its software platform and launch new facilities on renewable energy sites.
The round was led by Spring Lane Capital.
Soluna has allocated funds to expand the footprint of Texas, Bitcoin and AI Mining Hubs.
Poseidon, $15 million
A16Z Crypto has placed its latest bet on AI-Meets-Web3, leading a $15 million seed round to Poseidon.
Built on the story protocol, Poseidon designs a distributed data layer for training physical AI systems. Think robotics and self-driving cars.
the goal? Curate and license IP-cleared training data through Crypto-Native incentives and infrastructure.
Poseidon is “attempting to establish a new economic foundation for the Internet,” Chris Dixon, managing partner of venture capital firm A16Z, said on X on July 22nd.
“The Internet is fairly compensated to help data creators help AI companies support the next generation of intelligent systems.”
You are reading the latest articles Weekly salary increasesa column covering fundraising contracts across the crypto and defi space, Defilama.
Pedro Solimano is a Buenos Aires-based market correspondent for DL News. Have you got the chips? Please email him psolimano@dlnews.com.
