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Crypto VC funding: Camp Network, Miden each secure $25 million

The week of April 27 to May 3 saw major crypto funding activity, with total investments reaching $104.7 million across 15 projects. Camp Network and Miden both raised $25 million each.
Infrastructure projects dominated this week’s funding rounds. The data also shows continued interest in privacy, AI, and DeFi-focused solutions. Here’s a breakdown of this week’s crypto funding activity as per Crypto Fundraising data:
Camp Network
- Raised $25 million in a Series A round
- According to Fortune, the investment was backed by 1kx, Blockchain Capital, and OKX Ventures
- Camp Network has raised over $29 million so far
Miden
- Miden secured $25 million in a Seed round
- Investors include a16z crypto, Hack VC, and 1kx
Thru (Unto Labs)
- Raised $14.4 million in an Unknown round
- Thru has a fully diluted valuation of $140 million
- The investment was backed by Framework and Electric Capital
Dinari
- Dinari has gathered $12.7 million in a Series A round
- Investors include Hack VC, BlockChange, and VanEck
- The project has raised $22.7 million so far
Terminal 3
- Raised $8 million in a Seed round
- Terminal 3 investment was backed by Illuminate Financial, Titan Fund, and IDG
Projects under $7 million
- ZAR: raised $7 million in an unknown round
- Fleek: raised $5 million in a public sale with a $75 million fully diluted valuation
- Gata (ex Aggregata): secured $4 million in Seed funding
- ROVR: bagged $2.6 million in a seed investment
- aZen Protocol: $1.2 million secured in a Seed round
- MilkyWay: Bagged $300,000 in a public sale with $15 million fully diluted valuation
- B² Network (Bsquared Network): $300,000 Public sale with $15 million fully diluted valuation