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Crypto VC funding: Tabit Insurance raises $40m, Rain secures $24.50m

Published 1 month ago1 minute read
data, the total funding for the week exceeded $130 million. The data shows that more interest was shown in insurance, payments, and multi-ecosystem development across various blockchain networks.

Excited to announce $24.5M in new funding for Rain led by @NorwestVP with participation from new investors @Galaxyhq, @CompoSecure, Goldcrest, Vinyl, @BDMIFund, @LatitudeCapital, Thayer and @_hardyaka, and existing investors @lightspeedvp, @cbventures, and @CanonicalCrypto.… pic.twitter.com/q7QjkKAaXa

— Rain (@raincards) March 24, 2025

Notable crypto VC funding rounds < $10 million

  • Magpie Protocol secured $1.60 million with $45 million FDV
  • Stable Jack and Particle Network each raised $1.25 million
  • Arcium, Skate, and Beraborrow each secured $1 million
  • KiloEx gathered $750,000 with $15 million FDV
  • Wave Wallet raised $100,000 for Sui wallet development
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