Rain Raises $58M as OrangeX Secures $20M Funding
Over the last week, crypto venture capital funding approached $235 million, highlighted by several notable funding events. Leading the pack was Rain, which attracted $58 million in Series B funding for its stablecoin interoperability platform.
Other major investments included M^0, which raised $40 million for its decentralized middleware protocol, and OrangeX, securing $20 million for its global crypto trading platform.
In addition, aPriori obtained $20 million in a strategic round to bolster its DeFi, liquidity, and staking initiatives. Other projects such as Hemi Labs, The Clearing Company, and Magne AI received significant funding, indicating continued investor enthusiasm in the crypto landscape.
This week was particularly notable for Series B funding rounds. Below is a summary of the week’s crypto funding activities, based on Crypto Fundraising data.
Summary
- This week, crypto VC raised $234.9 million, led by Rain’s $58 million Series B round.
- M^0 secured $40 million in Series B funding, while OrangeX raised $20 million for further expansion.
- Additional smaller projects raised between $1.5 million and $15 million, showcasing strong diversity within the sector.
Rain
- Rain successfully raised $58 million in its Series B round, with support from Sapphire Ventures, Dragonfly, and Galaxy Digital.
- The stablecoin interoperability platform has now achieved a total of $88.5 million in funding.
M^0
- M^0, a decentralized middleware protocol, raised $40 million in its Series B round.
- The startup, backed by Polychain Capital, Ribbit Capital, and Endeavor, has reached a total of $97.5 million in funding.
OrangeX
- OrangeX, a global crypto trading platform, raised $20 million in its Series B round.
- Key investors included Kryptos and SCI Ventures; the total funding for OrangeX is now $30 million.
🚀 We are thrilled to announce that 🍊#OrangeX has secured $20M in our second funding round!
Led by Kryptos with continued support from key investors, this achievement accelerates our mission to deliver world-class compliant crypto trading.
✅ Over $200M platform liquidity
🏆… pic.twitter.com/TXY13Gr2pF— OrangeX (@OrangeXExchange) August 29, 2025
aPriori
- aPriori raised $20 million in a strategic funding round, with a focus on DeFi, liquidity, and staking.
- Key investors include HashKey Capital, Pantera, and Primitive Ventures.
Projects < $20 million
- Hemi Labs raised $15 million in an undisclosed funding round.
- The Clearing Company secured $15 million in a Seed round.
- Magne AI raised $10 million in a Strategic round.
- Hyperbot received $6.75 million in an undisclosed round.
- Metafyed raised $5.5 million in a round not disclosed.
- Multipli secured $5 million in an undisclosed round.
- Splendor Labs raised $4.5 million in a Seed round.
- Almanak obtained $2.5 million through a Public sale.
- Superfluid gained $2 million in a Public sale.
- Suzaku gathered $1.5 million in an undisclosed round.
- Fly (formerly Magpie Protocol) raised $340,000 in an undisclosed round.