Flowdesk nabs $52m, DoubleZero gets $28m

The first week of March kicked off with Flowdesk raising $52 million in a Series B round led by BlackRock, the world’s largest asset manager.

The week’s total funding reached over $230 million, with education, infrastructure, and DePIN solutions bringing in capital from both traditional and crypto-native investors.

Below are the major funding events that occurred in the last seven days, per Crypto Fundraising data.

Flowdesk, $52 million

• Raised $52 million in Series B funding
• Backed by BlackRock, HV Capital, and Eurazeo
• Flowdesk has raised $132 million so far

National Cryptocurrency Association, $50 million

• NCA secured $50 million in grants
• The investment was backed by Ripple
• The organization is focusing on crypto education initiatives
• Building educational infrastructure

Across Protocol, $41 million

• Across Protocol raised $41 million in an unknown round
• The investment was backed by Paradigm, Rain Capital Crypto, and Coinbase Ventures
• Across Protocol has raised $51 million so far

DoubleZero, $28 million

• Secured $28 million in an unknown round with $400 million FDV
• The project was developing decentralized physical infrastructure

Validation Cloud, $15 million

• Validation Cloud raised $15 million in Series A funding
• The investment was backed by Cadenza, and others
• The project has raised $30.8 million so far

Infrared, $14 million

• Infrared secured $14 million in Series A funding
• The project is building DeFi staking on Berachain
• Infrared has raised $16.5 million so far

UniLive, $10 million

• UniLive raised $10 million in strategic funding
• The investment was backed by Arkverse Investment
• The project is a social network platform

August Digital, $10 million

• Secured $10 million in Series A funding
• Backed by Dragonfly, SV, and V.
• August Digital is building asset management on DeFi

Notable crypto VC funding rounds < $10 million

• Seismic raised $7 million in seed funding for privacy infrastructure
• Fastlane Labs secured $6 million for MEV on Polygon
• Galaxis gathered $5 million for NFT marketplace
• Coral Finance raised $3 million in angel funding for derivatives trading
• iAgent Protocol secured $3 million for AI gaming on DePIN
• Fortytwo Network raised $2.30 million for AI infrastructure
• Sati gathered $600,000 for payment infrastructure
• Magpie Protocol secured $500,000 through public sale with $40 million FDV
• Combinder raised $500,000 in pre-seed with $10 million FDV