Crypto VC Funding: Lighter leads with $68m investment, Kyuzo’s Friends bags $11m

The week of November 9-15, 2025, recorded $122.35 million in crypto funding across 10 projects.
Summary

• Crypto startups raised $122.35M this week, led by Lighter’s strong $68M round.
• Funding flowed into AI gaming, compute networks, and encrypted blockchain platforms.
• Ten projects secured capital, with smaller rounds from Bluefin, Curvance, and others.

As per the data, Lighter’s $68 million raise led the last week’s funding period that featured derivatives platforms, gaming ventures, and infrastructure development.

Here’s a breakdown of this week’s crypto VC activity as per Cryptofundraising data:

Lighter

• Lighter has raised $68 million in an unknown round
• The project has a fully diluted valuation of $1.50 billion
• The investment was backed by Founders Fund, Ribbit Capital, and Haun Ventures

Kyuzo’s Friends

• Kyuzo’s Friends secured $11 million in an unknown round
• The project is an AI-driven Web3 social game
• Investors include DeAgency, Stratified Capital, and Chain Capital

🎉 We’re excited to share that the Kyuzo’s Friends team has raised $11M! 🎉

✨ This round — joined by @DeAgentAI , @StratifiedCap , @ChainCapital666 , @Knightfury404 , @xwavelabs , and @LBankLabs — will accelerate our global expansion and upgrades to our AI creation systems… pic.twitter.com/c0AGLFtjEB

— Kyuzo’s Friends (@KyuzosFriends) November 12, 2025

Acurast

• Acurast is a decentralized verifiable compute network
• Raised $11 million in an unknown round
• The investment was backed by CoinList, Scytale Digital, and P2O2
• Acurast has raised a total of $16.4 million

Big news, Acurast has raised 11M in funding!

Being one of the largest decentralized compute networks out there, we’re proud to be backed by an incredible group of builders, visionaries and early believers including:@gavofyork@CryptoMichNL@vineetbudki@cryptogle

And… pic.twitter.com/hJ8E9lVlVZ

— Acurast (@Acurast) November 13, 2025

Seismic

• Gathered $10 million in an unknown round
• Investors include AI6Z, Polychain Capital, and Amber Group
• Seismic is an encrypted blockchain platform and has raised $17 million so far

Self Protocol

• Self Protocol raised $9 million in a seed round
• The investment was backed by Green Field, Scytale Digital, and Spearhead
• Self is a digital identity and trust infrastructure platform

Projects Under $5 Million Funding

• Bluefin (ex Firefly, dTrade), $4.35 million in an unknown round
• Curvance, $4 million in a strategic round
• Shodai Network, $2.5 million in a seed round
• Takadao, $1.5 million in a seed round
• Tria, $1 million in a public sale

Read last week’s VC funding activity here.