Crypto VC Funding: Fnality secures $136m, Zerohash raises $104m

Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D.

Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising‘s database, are adding to the total despite broader market caution.

Summary

• Crypto startups raised $378M this week across 17 deals despite market caution
• Fnality led with $136M Series C; Zerohash followed with $104M Series D raise
• RedotPay hit $47M strategic funding; multiple seed deals boosted the total

Here’s a detailed breakdown of this week’s crypto funding activity:

Fnality International

• Raised $136 million in a Series C round
• Fnality International is developing a regulated payment system
• The investment was backed by Westpac, Bank of America, and Citi
• The project has raised $344.2 million so far

Zerohash

• Zerohash secured $104 million in a Series D round
• The project is a full‑stack crypto‑service infrastructure provider
• Investors include Fifth Third, Morgan Stanley, and SoFi

RedotPay

• RedotPay raised $47 million in a Strategic round with a fully diluted valuation of $1 billion
• The investment was backed by Coinbase Ventures, Galaxy Digital, and Vertex Ventures
• The project has raised $87 million so far

Bastion

• Bagged $14.6 million in a Strategic round
• Bastion is operating in analytics, asset management, data service, and stablecoin sectors
• Investors include Coinbase Ventures, Sora Ventures, and Samsung Next
• Bastion has raised $39.6 million so far

Raiku

• Raiku raised $11.25 million in a Seed round
• Backed by Pantera, Jump Capital, and Lightspeed Faction
• Raiku is a coordination layer and infrastructure protocol built

Projects < $10 Million

• BULK, $8 million in a Seed round
• Cloudburst, $7 million in a Series A round
• Divine, $6.6 million in a Seed round
• Shield, $5 million in a Seed round
• Akio, $5 million in a Seed round
• Coop Records, $4.5 million in a Seed round
• Falcon Finance, $4 million in a Public sale
• USD AI (Permian Labs), $4 million in an unknown round
• Stablecorp (QCAD), $3.6 million in a Strategic round
• Melee, $3.5 million in a Pre-seed round
• Hana Network, $3 million in a public sale with $400 million fully diluted valuation
• Lab, $1.5 million in a Public sale