Leading the pack this week was TeraWulf, a U.S.-based crypto mining firm, which raised a staggering $3.2 billion through a post-IPO debt round. The identity of the investors was not disclosed.
Another major raise came from Canadian mining company Bitfarms, which secured $500 million in post-IPO debt funding, also with undisclosed backers.
On the venture side, Jito Network, a U.S.-based infrastructure project within the Solana ecosystem, closed a $50 million funding round led by a16z crypto. The round was completed on October 16th. Temple Digital Group, also based in the U.S., raised $5 million in seed funding, with backing from Paper Ventures.
Meanwhile, Telcoin, headquartered in Singapore, brought in $25 million in a seed round led by individual investors Matt Maser and Tom Kaiman.
In earlier-stage fundraising, U.S.-based Tria secured $12 million in a pre-seed round, and Ferra raised $2 million, with Comma3 Ventures leading the latter.
Finally, Empery Digital, a U.S. firm, announced a $100 million post-IPO debt deal, backed by Two Prime Lending.
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