Personal AI and Crypto Converge
Weekly Recap
Funding activity bounced back from last week’s muted totals, with total funding rising 44% from $67 million to $96 million and deal count increasing 56% from 16 to 25. DeFi was the leading category from both a fundraising and deal count perspective, raising $44 million across 11 deals. This week's largest deal was a DeFi investment – Huma Finance raised $28 million in a Series A round to expand its PayFi network. Seed and Series A rounds were tied for the most funded deal stage, both totaling $28 million, although the number of Seed rounds outpaced Series A by seven deals. There was an increase in pre-seed funding rounds this week, with $21 million in funding across seven deals, including a $10 million round from PIN AI (DotW), representing the second-largest pre-seed round in 2024.
Funding by Category
Funding by Stage
Deal of the Week
PIN AI, an open platform for personal artificial intelligence, has raised $10 million in a pre-seed round from investors including a16z, Hack VC, Foresight Ventures, Alumni Ventures, and others. PIN AI is also backed by notable angel investors, including the founder of NEAR, the CEO of Mysten Labs (Sui), and the president of the Solana Foundation. PIN AI converges on AI and crypto by offering a priva...Unlock this article by joining our Community!
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