Crypto VC funding: Some $190m put to work, OG Labs and Eventflo secure capital

The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors.

The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that of the first week’s $88 million.

The week’s activity centered on centralized exchanges, AI integration, and infrastructure development, with projects at different stages drawing capital. Let’s look at the key events per Crypto Fundraising data.

VOOX, $50 million

• Raised $50 million in an unknown round
• The investment was backed by Pinnacle Venture
• VOOX is building an AI-powered trading platform

FTX EU, $32.7 million

• FTX EU bagged an M&A deal worth $32.7 million
• The project was acquired by Backpack
• FTX EU is the European arm of the crypto exchange

OG Labs, $32.24 million

• Raised $32.24 million through public sale
• Combining AI with L1 infrastructure
• OG Labs is developing blockchain infrastructure tools
• The project has raised over $107.24 million so far

Eventflo, $20 million

• Eventflo secured $20 million in an unknown round
• The project is backed by Rothman Management
• Eventflo is working on payment solutions, marketing and event operations

SoSoValue, $15 million

• Raised $15 million in Series A with $200 million FDV
• SoSoValue is backed by HongShan, Mirana and SafePal
• The project is building an analytics platform and has raised $19.15 million so far.

Notable crypto VC funding rounds under $10 million

• Nakamoto Games raised $10 million for P2E gaming on Polygon (MATIC)
• Alpen Labs secured $8.5 million in strategic funding
• Privasea raised $5.25 million Series A with $180 million FDV
• Superseed gathered $4.47 million through public sale
• ZKcandy secured $4 million in seed funding
• Rena Labs raised $3.3 million in pre-seed funding
• Starpower secured $2.5 million in an unknown round
• Ooga Booga raised $1.5 million in strategic funding
• BAD Coin gathered $1.25 million through public sale with $12.50 million FDV
• Enclave and Aligned Layer each raised $1 million
• Yiedl secured $735,000 in an unknown round
• Xterio raised $300,000 through public sale with $0.04 FDV
• Primex Finance gathered $50,000 through public sale
• Wise Monkey funding amount TBD