Let's take a look at the funding giants shaping the future of 2025 in 2024.
0G Labs
Zero Gravity Labs is leading in 2024 with a $250 million 'token purchase commitment.' Additionally, it raised $40 million for a decentralized AI operating system and secured $35 million at the beginning of the year. The rise of AI tools is prompting blockchain projects to explore decentralization to prevent data monopolies.
Monad
Monad Labs completed a $225 million funding round led by Paradigm, dedicated to developing a new Layer-1 blockchain to compete with Ethereum and Solana. Monad's innovative Ethereum Virtual Machine (EVM) achieves faster and more efficient processing through parallelization and provides instant block finality. Its compatibility with EVM bytecode makes it easy for Ethereum applications to migrate.
Celestia
Celestia Foundation received $100 million in investment from Bain Capital Crypto and others. Its roadmap promises to support multiple Visa networks running simultaneously with 1GB blocks, surpassing Visa-level throughput. In comparison, Ethereum's TPS is 50, while Solana peaks at 65,000 TPS, averaging 400 TPS.
Berachain
Berachain has completed a $100 million Series B funding round led by Framework Ventures and Brevan Howard Digital. The funds will drive global expansion and economic growth plans in regions such as Southeast Asia and Africa through a Simple Agreement for Future Tokens (SAFT).
Optimism
In March 2024, the Optimism Foundation raised $90 million through a private placement, selling 19.5 million OP tokens. These tokens must be locked for two years and can be used for governance participation to expand project influence while maintaining oversight of the treasury.
Story Protocol
Story Protocol, developed by PIP Labs, raised $80 million in a Series B funding round led by a16z crypto. This Layer-1 blockchain tokenizes intellectual property (IP), allowing creators to protect and manage original works in the age of AI, combat piracy, and drive innovation.
IoTeX
IoTeX secured $50 million in investment from several funds, including SNZ Capital and Borderless Capital. These funds will accelerate the development of the DePIN ecosystem through $IOTX token staking and the DePINsurf accelerator program.
Movement
Movement Labs raised $38 million in a Series A funding round led by Polychain Capital, bringing Facebook's Move virtual machine to Ethereum. Founded by 21-year-old Rushi Manche and 24-year-old Cooper Scanlon, this team aims to make blockchain security more attractive through the Ethereum Layer-2 blockchain Movement L2 built on the Move programming paradigm.
Avalanche completed a $250 million funding round, led by Galaxy Digital, Dragonfly, and ParaFi Capital.
Avalanche announced the completion of a $250 million locked token sale funding round, led by Galaxy Digital, Dragonfly, and ParaFi Capital. Other investors include SkyBridge, SCB Limited, Hivemind, Big Brain Holdings, Hypersphere, Lvna Capital, Republic Capital, Morgan Creek Digital, FinTech Collective, CMCC Global, Superscrypt, Cadenza, Chorus One, and Tané Labs.
This financing follows the launch of the Avalanche 9000 testnet and the $40 million Retro 9000 backtracking grant program.

