Web3 Fundraising: 7th – 13th July 2025

Insomnia Labs led the latest wave of capital inflows this week, securing $12 million to expand its product offerings and scale operations. Meanwhile, Kuru Exchange raised $11.6 million with support from Paradigm, a well-known backer in the crypto industry.

Elsewhere, NexBridge attracted $8 million in funding, bolstered by investment from Fulgur Ventures. Velvet.Capital, meanwhile, brought in $3.7 million to support its efforts in building decentralized finance infrastructure.

Finally, Vixor rounded out the funding news with a $2 million raise, aimed at advancing its crypto-native technologies.