Huo Xing Cai Jing reports that, according to DefiLlama data, crypto startups raised a total of $76 million in the first week of Q2 2026, bringing the cumulative funding for 2026 to nearly $500 million. Key funding rounds this week include: Pharos completed a $44 million Series A round, with participation from SNZ Holding, Chainlink, and Flow Traders. The project focuses on building a high-performance Layer 1 blockchain compatible with Ethereum applications, specializing in RWA and decentralized infrastructure networks. Oh completed a $7.5 million Series A round led by Maven 11, with participation from L1 Digital, Hashed, Auros Global, and Maelstrom. The project is building a Web3 AI platform offering decentralized AI service tools such as OhChat. Kulipa completed a $6.2 million seed round led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures. The project provides branded payment cards for crypto wallets, enabling the conversion of digital assets into fiat currency at checkout.
Crypto startups raised $76M in week 1 of Q2 2026, with total funding nearing $500M.
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Summary
Project funding news shows crypto startups raised $76 million in the first week of Q2 2026, bringing the year’s total close to $500 million. Key deals included Pharos’ $44 million Series A, led by SNZ Holding, Chainlink, and Flow Traders; Oh closed a $7.5 million Series A led by Maven 11; and Kulipa raised $6.2 million in a seed round led by Flourish Ventures and 1kx. Crypto news highlights continued investor interest in early-stage blockchain projects.
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