Crypto Enterprise Financing: Cipher Mining Gets $50 Million

# Crypto Enterprise Financing: Cipher Mining Gets $50 Million

In the final week of January, artificial intelligence and infrastructure construction were prominent subjects, with Cipher Mining obtaining a substantial $50 million investment from SoftBank.

The week’s total financing surpassed $200 million, encompassing diverse industries such as identity solutions, gaming platforms, and mining activities. According to data from Crypto Fundraising, let’s explore the significant agreements that have been completed. MovieAI and EMC Unite to Supercharge Artificial Intelligence Advancement

### Cipher Mining, $50 Million

* Cipher Mining, supported by SoftBank, generated $50 million via a PIPE (Private Investment in Public Equity) deal.

### D3 Global, $25 Million

* D3 Global obtained $25 million in a secret financing round.
* The project has raised a total of $30 million, with backing from Paradigm and Coinbase Ventures.

### Irreducible, $24 Million

* Irreducible generated $24 million in a Series A financing round.
* This investment was backed by Fenbushi Capital, Rain Capital Crypto, and Paradigm.
* The project has raised a total of $39 million.

### Humanity Protocol, $20 Million

* Obtained $20 million in a secret financing round, with a Fully Diluted Valuation (FDV) of $1.1 billion.
* Supported by Jump and Pantera.
* Humanity Protocol has raised a total of $50 million.

### VitalVEDA, $20 Million

* VitalVEDA generated $20 million in a secret financing round.
* This investment was backed by Rothman Management.
* The project is developing an AI-driven fitness platform.
* Concentrating on dApp creation and sports.

### Elastos, $20 Million

* Elastos generated $20 million in a secret financing round.
* Supported by Rothman Management.
* Elastos is constructing L1 infrastructure and identity solutions.

### Sign, $16 Million

* Sign, supported by YZILabs, generated $16 million in a secret financing round.

* The on-chain infrastructure has raised a total of $28 million for credential verification and token distribution.

Heres a summary of current financing rounds within the crypto and Web3 sector:

**Substantial Investments:**

* **Cryptio:** Obtained $15 million through Series A financing to advance their crypto bookkeeping and audit platform. Financiers encompassed Alven and 1kx. Cumulative financing thus far: $26.2 million.
* **Pixion Games:** A Web3 gaming firm creating a play-to-earn (P2E) game utilizing Avalanche (AVAX), garnered $12.4 million through a private round. Supporters encompass Delphi Digital and SkyMavis (the group responsible for Axie Infinity). Total investment: $17.9 million.
* **World Liberty Financial:** Seized $10 million via funding from Web3PORT through a private round. They’ve by now amassed an enormous $340 million in total.
* **Pod Network:** Secured $10 million through a seed round to grow their decentralized social networking platform. CSX, 1kx, and Blockchain Builders Fund took part.

**Smaller, yet Significant Rounds (Under $10 Million):**

* **Cedar Money:** $9.9 million for stablecoin growth.
* **Analog:** $5 million for their cross-chain infrastructure, assessing the firm at a completely diluted valuation of $300 million.
* **Pell Network:** $3.5 million to construct within the Bitcoin (BTC) environment.
* **Maalexi:** $3 million for marketplace expansion.
* **Mevvy:** $2.8 million for cross-chain dealings.
* **Canopy:** $1.2 million for DeFi portfolio management instruments.
* **McQueen Labs:** $1.16 million for ventures within the Solana (SOL) environment.
* **Based:** $420,000 for Solana-centered trading results.
* **Clipper:** A confidential sum for their DeFi results.