Crypto VC funding: Gnosis, HQ lead with $14.95m acquisition; Perpl raises $9.25m

The crypto funding market saw $73.2 million in total investments during the week of May 11-17, 2025. During this period, Gnosis HQ’s $14.95 million M&A deal represented the largest transaction. This week, funding was announced across multiple blockchain ecosystems and verticals, focusing mainly on DeFi, gaming, and ecosystem-specific projects. Here’s a detailed look at the crypto projects that secured funding this week as per Crypto Fundraising data : You might also like: Chainlink unveils new startup program ‘Build on Solana’ HQ.xyz German Web3 infrastructure firm Gnosis has acquired Singapore-based on-chain business account platform HQ.xyz in a strategic deal worth up to $14.95 million. The transaction includes an initial investment of up to $8.95 million from the GnosisDAO treasury, which was approved by the community in January. Gnosis has also committed $6 million in working capital to support HQ.xyz’s expansion. For our feature on Friederike Ernst, co-founder of Gnosis, click here . Perpl The startup secured $8.25 million in an unknown round Lead investors include Dragonfly, Erzonia, and Brevan Howard Excited to announce our $9.25M funding round led by @dragonfly_xyz , @ErgoniaTrading , and other leading investors. Perpl is handcrafted with knowledge from decades of market-making expertise and advanced EVM engineering. pic.twitter.com/2dNmDnJJWt — Perpl (@perpltrade) May 13, 2025 KYD Labs KYD Labs raised $7.1 million in a Seed round The funding was backed by CSX, Finality Capital Partners, and Ambush Excited to announce we’ve raised $7M led by @a16zcrypto CSX to build a factoring protocol for venues and deliver loyalty rewards to fans We’re the first web3 company to onboard legendary venues like LPR and H0l0, driving $4M+ in ticket sales in the past year alone pic.twitter.com/FBFHWcm0Hd — kyd. (@KYDLabs) May 14, 2025 Turtle Club The company gathered $6.2 million in a Seed round Investors include Delphi Digital, SIG, and Consensys XP (Captain Labs) The ticketing platform raised $6.2 million in a Seed round XP’s funding was backed by BlockChange, Neon, and Reflexive We’re thrilled to share XP has raised $6.2M to build the future of ticketing–with fans at the center–led by @blockchangevc with @L1D_xyz , @reflexivexyz , and others. More below on how this accelerates our mission to build the most fulfilling live experiences for fans 👇 pic.twitter.com/38AohaLheF — XP (@xpticket) May 15, 2025 Projects Nirvana Labs, $6 million in a Seed round TrendX, $5.2 million in an unknown round XSY (Unity), $5 million in a Series A investment DoubleUp, $4 million with $40 million fully diluted valuation Vinanz, $4 million raised in an unknown round Giza: $2.2 million in an unknown round for AI, Ethereum Ecosystem, and Infrastructure; gained +15 new investors N1 (ex Layer N), $2 million in public sale Puffverse, $700,000 public sale with $70 million fully diluted valuation Read more: BNB holds, XLM climbs; BlockDAG’s $250M presale, unbeatable entry price draws investors

Source: crypto.news