{"id":5105,"date":"2025-07-05T21:03:37","date_gmt":"2025-07-05T21:03:37","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-vc-funding-bitmine-secures-250m-twl-miner-bags-95m\/"},"modified":"2025-07-05T21:03:39","modified_gmt":"2025-07-05T21:03:39","slug":"crypto-vc-funding-bitmine-secures-250m-twl-miner-bags-95m","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-vc-funding-bitmine-secures-250m-twl-miner-bags-95m\/","title":{"rendered":"Crypto VC funding: BitMine secures $250m, TWL Miner bags $95m"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Crypto venture funding rebounded modestly this week, with $466.6 million raised across 15 deals between June 29 and July 5\u2014primarily driven by outsized bets on Bitcoin infrastructure. <\/p>\n<p>The majority of capital flowed into mining and ecosystem development, led by BitMine\u2019s massive $250 million private placement backed by Mozaryk, Founders Fund, and Pantera. <\/p>\n<p>Other notable rounds include TWL Miner\u2019s $95 million Series B and The Open Platform\u2019s $28.5 million raise at a $1 billion valuation. While smaller deals spanned gaming, AI, and DePIN projects, investor appetite remains focused on Bitcoin-native scalability, mining, and infrastructure plays, even as other sectors attract strategic capital.<\/p>\n<p>Here\u2019s a detailed overview of this week\u2019s crypto funding developments as per the data from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/crypto-fundraising.info\/deal-flow\/?start_date=2025-06-29&amp;end_date=2025-07-05&amp;sortby=raised&amp;sort=desc&amp;filter=opened\" target=\"_blank\">Crypto Fundraising<\/a>:<\/p>\n<h3 class=\"wp-block-heading\">BitMine<\/h3>\n<ul class=\"wp-block-list\">\n<li>BitMine raised <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.stocktitan.net\/news\/BMNR\/bit-mine-immersion-technologies-announces-250-million-private-2q4ngrykahsk.html\" target=\"_blank\">$250 million<\/a> through private placement.<\/li>\n<li>The project is operating in Bitcoin (BTC) mining sector.<\/li>\n<li>The investment was backed by Mozaryk, Founders Fund, and Pantera.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">TWL Miner<\/h3>\n<ul class=\"wp-block-list\">\n<li>TWL Miner, a UK-based cloud mining platform, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/07\/01\/3108230\/0\/en\/TWL-Miner-Announces-Advancements-in-AI-Powered-Cloud-Mining-Infrastructure-Following-95-Million-Series-B-Funding.html\" target=\"_blank\">secured $95 million<\/a> in a Series B round.<\/li>\n<li>Bitcoin mining and artificial intelligence infrastructure company.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Distinct Possibility Studios<\/h3>\n<ul class=\"wp-block-list\">\n<li>Distinct Possibility Studios raised $30.5 million in an unknown round.<\/li>\n<li>The project is building an AAA-quality game on Tezos (XTZ) blockchain.<\/li>\n<li>Investors include BitKraft, Brevan Howard, and Tezos Foundation.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">The Open Platform (TOP)<\/h3>\n<ul class=\"wp-block-list\">\n<li>The Open Platform gathered $28.5 million in a Series A round, with a fully diluted valuation of $1 billion.<\/li>\n<li>The project is operating in blockchain, infrastructure, and Ton Ecosystem sectors<\/li>\n<li>The investment was backed by Ribbit Capital and Pantera<\/li>\n<\/ul>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re proud to become the first unicorn in Web3 ecosystem in Telegram, reaching a $1B valuation in the latest equity funding round.<\/p>\n<p>This milestone was made possible thanks to trust of <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/RibbitCapital?ref_src=twsrc%5Etfw\" target=\"_blank\">@RibbitCapital<\/a> and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/PanteraCapital?ref_src=twsrc%5Etfw\" target=\"_blank\">@PanteraCapital<\/a>.<\/p>\n<p>\u201cThis investment supports our long-term strategy to scale\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/VCUC1TcXTS\" target=\"_blank\">pic.twitter.com\/VCUC1TcXTS<\/a><\/p>\n<p>\u2014 The Open Platform (@topdotco) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/topdotco\/status\/1940781819072266291?ref_src=twsrc%5Etfw\" target=\"_blank\">July 3, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h3 class=\"wp-block-heading\">The Blockchain Group<\/h3>\n<ul class=\"wp-block-list\">\n<li>The Blockchain Group raised $13 million in an unknown round<\/li>\n<li>The project focuses on AI, Bitcoin Ecosystem, and Finance\/Banking<\/li>\n<li>The investment was backed by Cobalt and Adam Back<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Projects &lt;$10 million<\/h3>\n<ul class=\"wp-block-list\">\n<li>Backseat, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.mexc.co\/fr\/news\/japanese-crypto-exchange-operator-backseat-has-raised-approximately-us-9-69-million-in-financing\/27731\" target=\"_blank\">$9.7 million<\/a> in a seed round<\/li>\n<li>Pipe Network (Permissionless Labs), $7.5 million in a public sale with $250 million fully diluted valuation<\/li>\n<li>Zypher Network, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Zypher_Network\/status\/1941050199549661561\" target=\"_blank\">$7 million<\/a> in an unknown round<\/li>\n<li>Datagram, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/DGramNetwork\/status\/1939705169521840528\" target=\"_blank\">$4 million<\/a> in a pre-seed round<\/li>\n<li>Limitless, $4 million in a strategic round<\/li>\n<li>Coinstash, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Coinstash_AU\/status\/1940599881019912666\" target=\"_blank\">$3.1 million<\/a> in a Series A round<\/li>\n<li>inshAllah, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/inshAllahfi\/status\/1939700316129104335\" target=\"_blank\">$2.1 million<\/a> in a pre-seed round<\/li>\n<li>Crystalfall, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/PlayCrystalfall\/status\/1940057159682625968\" target=\"_blank\">$2 million<\/a> in an unknown round.<\/li>\n<li>AllScale, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/allscaleio\/status\/1939895248093851967\" target=\"_blank\">$1.5 million<\/a> in an unknown round<\/li>\n<li>XO Market, $500,000 in a pre-seed round<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto venture funding rebounded modestly this week, with $466.6 million raised across 15 deals between June 29 and July 5\u2014primarily driven by outsized bets on Bitcoin infrastructure. The majority of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5105"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5105\/revisions"}],"predecessor-version":[{"id":5107,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5105\/revisions\/5107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5106"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}