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Fundings

Web3 Fundraising: 26th May – 1st June 2025

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

Haider Jamal
June 8, 2025

Acurast announced a $5.4 million venture round, backed by CoinList, setting the stage for an active week.

Shortly afterwards, Beam closed a $7 million venture round led by Castle Island Ventures, while UAE startup Asigna raised $3 million in seed funding from Hivemind Capital Partners and Tykhe Ventures. Bito, another U.S.-based firm, also secured $5.7 million in seed financing from Vela Partners.

On May 28th, 2025, Velocity made headlines with a substantial $10 million pre-seed raise from Activant Capital, signaling major ambitions early on. That same day, BlockSpaces landed a $2 million venture investment from Axiom BTC.

Cybersecurity-focused Naoris Protocol followed on May 29th with a $3 million venture round led by Mason Labs.

The largest deal of the week came from writing assistant giant Grammarly, which secured a staggering $1 billion in debt financing from General Catalyst.

CryptoFundraisingInvestmentWeb3

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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.