Crypto startups raised over $109 million between February 16 and February 23, led by a $75 million Series B round from Novig, according to data shared by CoinMarketCap Research.
The bulk of capital concentrated in prediction markets, AI-driven infrastructure, and payments-focused platforms, with later-stage rounds capturing the largest share of funding.
Novig Dominates Weekly Capital Flow
The largest raise came from Novig, securing $75 million in a Series B round focused on sports and prediction markets. The round was backed by Pantera Capital.
With $75 million alone accounting for the majority of the week’s total, the funding landscape was heavily skewed toward a single late-stage expansion round.
👀 Top Crypto Fundraising Last Week
1️⃣ Novig (@Novig) – $75M; Sports, Prediction Markets
2️⃣ Kresus (@Kresusofficial) – $13M; Mobile, Wallet
3️⃣ NEWITY (@newitymarket) – $11M; Lending
4️⃣ Unicity (@unicity_labs) – $3M; Artificial Intelligence (AI), AI Agents
5️⃣ PlutonAI… pic.twitter.com/n179LFGxna— CoinMarketCap (@CoinMarketCap) February 23, 2026
Mid-Tier Rounds: Wallets and Lending
Two additional double-digit raises followed:
- Kresus raised $13 million (Strategic round) in the mobile wallet sector, backed by Hanwha Investment & Securities.
- NEWITY secured $11 million (Strategic round) focused on lending, with participation from CMT Digital.
These mid-tier rounds suggest continued investor interest in infrastructure and credit-focused crypto services.
AI and DeFi Seed Activity Continues
Early-stage capital also flowed into artificial intelligence and decentralized finance verticals:
- Unicity raised $3 million (Seed) for AI and AI agent development, supported by Blockchain Ventures.
- PlutonAI secured $2.7 million (Seed), backed by Kitchen.
- PRED closed a $2.5 million Seed round with backing from Accel.
AI-linked crypto initiatives continue to attract seed-stage capital despite broader market volatility.
Payments and Neobank Plays Attract Pre-Seed Capital
The week also included smaller pre-seed allocations:
- Rizon raised $2 million, backed by Market One Capital.
- Fireplace secured $1.5 million, supported by Frachtis.
- Endl raised $1.5 million, with participation from Iterative and Tenity.
These early-stage raises indicate ongoing capital deployment into payment infrastructure and fintech-style crypto applications.
Funding Concentration Reflects Selective Capital
While total weekly funding exceeded $109 million, capital distribution remains concentrated. The $75 million Novig round alone represented the majority of deployed funds.
The sector breakdown shows sustained investor appetite for:
- Prediction markets
- AI-driven crypto services
- Wallet and payment infrastructure
- Lending platforms
Despite broader market volatility, venture capital activity continues, though increasingly selective and theme-driven rather than broad-based.
