Melius, a New York-based AI platform for generating ads, images and videos, announced $25M in funding: a $20M Series A led by CRV and a $5M seed from General Catalyst. Founded by former Ramp engineers, it reports over $1M in annualized revenue two months after leaving stealth. The article describes no crypto or Web3 angle, so it is not a Web3 funding find.
Web3 Startup Funding
Web3 startups raising money — pre-seed to Series B — with the amount, the lead investors and what they are building.
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Oct 7 · 3 of 16 shownSpiko, a provider of regulated tokenized cash funds on public blockchains, raised a $90M Series B led by New Enterprise Associates, bringing total funding to $120M. It reports $2.7B in assets under management and over 10,000 customers across 25+ jurisdictions, and will use the money for new funds, market expansion and hiring in Germany, Italy, Spain, the Netherlands and the Nordics. Other investors include Index Ventures, Bpifrance and Wintermute Ventures, and the figures are company-reported.
Also in coinstrooper.com, ascendants.in, fintechfutures.comBrooklyn-based Tare raised a $13.25M seed round led by Blockchain Capital to run private credit loan management, record-keeping and payments on a blockchain. CEO Kevin Miao previously launched the $2B fund BlockTower Credit, and cofounders are Keerthi Moudgal and Lucas Vogelsang. The source is an opinion-style rewrite on an unrelated site, so the details are worth verifying.
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