Seven crypto projects raised more than $141 million this week, according to data compiled by DefiLlama.
The haul brings total crypto startup funding for the year to nearly $11 billion — already surpassing 2024’s total by more than $1 billion. Industry players have already raised $583 million in July alone.
If the pace continues, the industry is on track to blow past PitchBook’s $18 billion prediction for 2025.
This week’s standouts? Firms expanding their Bitcoin treasuries.
Of the seven projects that raised money this week, two are adding more Bitcoin to their balance sheets. Both are part of a broader wave of companies copying the scheme of Michael Saylor’s Strategy.
Below are the three largest funding rounds from last week:
H100 Group, $54 million
Stockholm-based H100 Group bagged $54 million to continue building out its Bitcoin treasury.
The publicly traded company — listed on the Nasdaq First North — is building a longevity-focused ecosystem that merges digital health with decentralised infrastructure.
While H100’s primary focus is health and wellness, the firm touts itself as Sweden’s first Bitcoin treasury company.
The firm now holds 294 Bitcoin worth about $32 million.
H100’s raise this week is a dramatic uptick from when it took in just over $2 million in May.
Agora Finance, $50 million
Agora has become the latest startup to ride the stablecoin wave. The company raised $50 million this week in a round led by Paradigm, Fortune reported.
The AUSD stablecoin issuer says it plans to use the latest cash injection to better compete against rivals like Circle andTether.
The timing of the announcement is notable. It comes just days ahead of Washington’s “Crypto Week” that kicks off on Monday, during which the Trump-backed Genius Act is expected to be voted in.
If passed, the new law is expected to unleash a tsunami of fresh capital into the stablecoin sector.
Australian crypto asset manager DigitalX raised $13.7 million in a round backed by Animoca Brands, ParaFi Capital, and UTXO Management.
While the company disclosed total commitments of about $20 million, only $13 million was finalised this week.
“This strategic investment marks a significant milestone for DigitalX as we continue to focus on Bitcoin as the core of our treasury strategy,” said interim CEO Demetrios Christou in a statement.
You’re reading the latest installment of The Weekly Raise, our column covering fundraising deals across the crypto and DeFi spaces, powered byDefiLlama.
