Crypto funding surged to almost $709 million through the week of June 8-14, 2025, with an enormous $550 million non-public placement by IREN main the cost.
Enterprise capital exercise remained sturdy throughout the sector, notably in infrastructure, with funding rounds spanning from pre-seed to Sequence B.
Startups like Hypernative, Yupp, Turnkey, and OneBalance additionally drew substantial investments, reflecting sustained investor confidence in crypto infrastructure and application-layer innovation regardless of broader market volatility.
Right here’s what we tracked, utilizing knowledge from Cryptofundraising:
IREN (ex Iris Power)
- Raised $550 million by means of non-public placement of convertible senior notes
- IREN has raised $863 million to date
Hypernative
- Secured $40 million in a Sequence B spherical
- The funding was backed by TenEleven, Ballistic Ventures, and Stepstone
- Hypernative has raised $65 million to date
Yupp
- Yupp raised $33 million in a Seed spherical
- Buyers embrace a16z crypto, Coinbase Ventures, and Kunal Shah
Turnkey
- Gathered $30 million in a Sequence B spherical
- The funding was backed by Bain Capital Crypto, Sequoia, and Lightspeed Faction
- Turnkey has raised $52.5 million to date
Noah
- Noah raised $22 million in a Seed spherical
- Buyers embrace LocalGlobe, Felix Capital, and FJ Labs
OneBalance
- Secured $20 million in a Sequence A spherical
- Backed by Cyber Fund, Blockchain Capital, and Mirana Ventures
- OneBalance has raised $25 million to date
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