Crypto VC Funding: Verb Technology Leads With $558m Raise, Satsuma Follows With $217.6m
Crypto funding in the week of Aug. 3-9 pulled in $1.46 billion across 18 projects, with institutional heavyweights pouring record sums into blockchain, AI, and payments infrastructure.
Leading the pack, TON ecosystem player Verb Technology, while Ripple’s $200 million acquisition of Rail signaled a push to expand fiat–stablecoin payment rails.
AI-blockchain hybrids like Satsuma Technology and OpenMind also drew big checks, underscoring investor appetite for convergence plays in crypto infrastructure and next-gen applications.
Summary
- TON ecosystem receives major institutional backing with Verb Technology’s $558M raise
- M&A activity spikes as Ripple acquires Rail for $200M payment infrastructure expansion
- AI-blockchain integration brought in notable funding
Here’s our analysis of this week’s numbers, courtesy of the Crypto Fundraising website:
Verb Technology (TON Strategy Co.)
- Raised $558 million in an Unknown round
- Verb Technology is a previously Ai-powered SaaS firm
- Backed by Kingsway Capital, Blockchain.com, and SuperDAO
Satsuma Technology Plc (SATS.L)
- Satsuma secured $217.6 million in an Unknown round
- The project is a UK-listed AI infrastructure company
- Investors include Haun Ventures, Pantera, and Blockchain.com
- The firm has raised over $352.6 million so far
Rail
- Raised $200 million through M&A
- Rail is a fiat-stablecoin infrastructure platform
- The investment was backed by Ripple
- Payment infrastructure acquisition
https://twitter.com/RailFinancial/status/1953458340534890526
Bit2Me
- Bit2Me gathered $34.86 million in an Unknown round
- The investment was backed by Tether
- The project has raised $56.99 million so far
OpenMind
- OpenMind raised $20 million in an Unknown round
- The project focuses on AI, Identity, and Infrastructure
- Investors include Pantera, Ribbit Capital, and HSG
- Gained +11 new investors
MANTRA
- MANTRA secured $20 million in an Unknown round
- The funding was backed by Inveniam Capital
- The project has raised $31 million so far
Projects < $20 million
- SuperGaming, $15 million in a Series B round
- BOB (Build on Bitcoin), $9.5 million in a Strategic round
- Perle Labs (ex Kiva AI), $9 million in a Seed round
- Lightnet, $5 million in an Unknown round
- Euphoria, $5 million in a Seed round
- Espresso Systems, $4 million in a Public sale with $400 million fully diluted valuation
- BlindPay, $3.3 million in a Seed round
- Doppler Finance, $3 million in a Seed round
- TheoriqAI (ChainML), $3 million in a Public sale with $75 million fully diluted valuation
- AixBlock, $1.74 million in Grants funding
- Hylo, $1.5 million in a Seed round
- Kuvi AI, $700,000 in a Seed round
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