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Fundings

Web3 Fundraising: 12th – 18th May 2025

CryptoWeekly is proud to announce the latest Web3 fundraising deals every week!

Haider Jamal
May 18, 2025

Kraken led the pack this week, raising $400 million, while TensorWave secured $100 million with backing from AMD Ventures and Magnetar Capital.

Other notable rounds include KYD Labs with $7 million from a16z crypto, XSY.fi with $5 million from Borderless Capital, and last but not least, DiffuseDrive raised $3.5 million via Presto Ventures, and Carrot Labs, Inc. brought in $600,000.

CryptoFundraisingWeb3

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.