A fresh wave of venture capital poured into startups sitting at the nexus of AI, blockchain, and fintech this week, with Codex emerging as the top recipient. The Web3-native project, which is building decentralized identity and access solutions, raised $15.8 million in a seed round led by Dragonfly Capital, according to a report by Fortune.
Notably, Dragonfly contributed approximately $14 million of the round. Other heavyweights joining the round included Coinbase Ventures, Circle Ventures, Cumberland, Wintermute, and Selini Capital, reinforcing confidence in Codex’s mission of advancing programmable digital identity infrastructure.
Ambient Nets $7.2M for AI-Blockchain Smart Services
Ambient, a project merging artificial intelligence with blockchain to power high-speed, low-cost smart services, secured $7.2 million in seed funding. The round was backed by a16z Crypto’s accelerator and Delphi Digital. By combining a Bitcoin-inspired proof-of-work system with a Solana-style architecture, Ambient positions itself as a high-performance player in the emerging AI-blockchain fusion space.
Cambrian Network Lands $5.9M for AI Finance Protocol
Cambrian Network raised $5.9 million in a round led by a16z’s CSX accelerator, with contributions from Blockchain Builders and angels from The Graph ecosystem. Cambrian provides AI agents with real-time and historical financial data to drive smarter decisions, blending on-chain and off-chain data for enhanced insight and control.
Mahojin Pulls In $5M for AI + Decentralized Apps
Mahojin closed a $5 million Series A led by a16z Crypto’s CSX and Maelstrom Fund. The company is building open-source tools to bridge AI and blockchain infrastructure, aiming to enhance interoperability and enable smarter decentralized applications.
Momentum Raises $5M to Streamline Sales Collaboration
Beyond blockchain, Momentum, a sales ops startup, raised $5 million in a round led by Basis Set Ventures, with backing from Inovia Capital, Leadout Capital, and South Park Commons. The company is building AI-powered automation tools to streamline workflows between sales teams and their broader organizations.
Other Notable Rounds
- The9 Limited secured $8 million through a private placement involving Elune Capital, Fine Vision Fund, and Bripheno Pte. Ltd.
- NOIA Capital led an undisclosed investment into Ultra, with the funding coming via its NOIA Digital Assets fund.
Sub-$5M Crypto VC Highlights:
- Collecto, a luxury investment platform, raised €2.8M (~$3.05M) from executives at LinkedIn, Accenture, and McKinsey.
- Hana Network collected $1.75M in a public sale.
- Bloctopus (formerly LZero), StakeStone, and BAI Fund each secured $1M in seed rounds.
As the lines between AI, crypto, and fintech continue to blur, investors are aggressively backing early-stage startups aiming to shape the future of decentralized intelligence, identity, and finance.
