Crypto VC funding: Satsuma bags $135m, QCEX raises $112m

Crypto funding rebounded during the week of July 20–26, with over $1 billion raised across 17 projects—marking one of the strongest weeks for fundraising this year. Infrastructure and AI-focused platforms dominated, with Satsuma’s $135 million raise and QCEX’s $112 million M&A deal leading the charge. The surge highlights investor appetite for foundational blockchain tools and AI integration, signaling renewed confidence in next-gen crypto utilities.

Infrastructure and AI projects led the majority of investor attention this week. Here’s a detailed breakdown of this week’s crypto funding developments as per Cryptofundraising data:

Satsuma

• The blockchain indexing platform raised $135 million in an Unknown round
• The project has raised $140 million so far

QCEX

• QCEX secured $112 million through M&A.
• The project, backed by Polymarket, is a Commodity Futures Trading Commission-licensed derivatives exchange.

Courtyard

• Courtyard raised $30 million in a Series A round from Forerunner Ventures, NEA, and Combinator.
• The project is a marketplace for tokenized physical collectibles.

Bitzero

• Bitzero gathered $25 million in an unknown round
• The project is operating in Infrastructure sector

Lightyear

• Lightyear accumulated $23 million as part of a Series B round
• The project — backed by NordicNinja, Lightspeed, and Metaplanet — is an investment platform enabling access to global stocks

xTAO

• xTAO secured $22.8 million in an Unknown round
• Investors include Digital Currency Group, Animoca Brands, and Falcon X

Projects under $20 million

• Soluna, $20 million in an Unknown round
• Poseidon, $15 million in a Seed round
• Capital B (ex The Blockchain Group), $12.05 million in an Unknown round
• DSRV, $11.6 million in a Series B round
• Gaia, $10 million in a Series A round
• Freename, $6.5 million in a Series A round
• Questflow, $6.5 million in a Seed round
• Delabs Games, $5.2 million in a Series A round
• Quack AI, $3.6 million in an Unknown round
• Syntetika, $2.5 million in a Pre-seed round
• Bloom Labs Ltd, $1.6 million in a Pre-seed round