Crypto VC funding: Huma Finance raises $38m, Fuse clinches $12m
#HumaFinance   #PinAI  #Castile   #BlocksenseNetwork
Over the past seven days, 19 startups have raised venture capital funds, with Huma Finance receiving the largest round of $38 million. The company plans to use the $10 million in equity financing and $28 million via yield-bearing RWAs to expand its PayFi network globally. It also plans to go live on Solana and Stellar's smart contracts network in the coming months.

Fuse, a London-based decentralized renewable energy developer, secured $12 million in a funding round led by Multicoin Capital. PIN AI, an AI infrastructure company, confirmed $10 million in pre-seed funding to develop the world's first open-source Personal Intelligence Network (PIN). The list of backers includes A16z CSX, Hack VC, Blockchain Builders Fund (Stanford Blockchain Accelerator), NEAR Protocol founder Illia Polosukhin, SOL Foundation president Lily Liu, Symbolic Capital, Mysten CEO Evan Cheng, builder (Worldcoin Foundation), Foresight Ventures, Nomad Capital, Cresta co-founder Tim Shi, Espresso CEO Ben Fisch, Gitcoin co-founder Scott Moore, Alumni Ventures, and Dispersion Capital.

DRiP, the startup behind Solana-based creator platform DRiP, collected $8 million in seed funding on September 9. The list of backers includes A16z CSX, Hack VC, Blockchain Builders Fund (Stanford Blockchain Accelerator), Coinbase Ventures, and Progression.

Nytro Lab, a Hong Kong-based developer, raised $8 million in funds for their inaugural blockchain game, Castile. Infinite raised $6 million in a funding round, with Electric Capital, Mirana Ventures, Hashed, and Arthur Hayes’ family office, Maelstrom, participating. Other startups include Blocksense Network, Syrupal Protocol, Fountain Platform, Wingbits, Titan, T1 Protocol, Hyperbridge Protocol, Amalgam, Orange Cap Games, GasHawk, Universal Health Token, and Carrot CRT.