FundedIQ

Funded Blockchain and Cryptocurrency Startups in Dubai

Fourteen blockchain and cryptocurrency rounds in Dubai are captured here, spanning January 2024 through June 2025.

Fourteen blockchain and cryptocurrency rounds in Dubai are captured here, spanning January 2024 through June 2025. Seed is the dominant stage, with seven companies in that bracket — including Asigna ($3M, May 2025), Pixelverse ($6M, June 2024), and Talisman ($2M, January 2024). The largest single raise is ALLO's $100M (Series Unknown, December 2024), with Flare Network ($35M, February 2024) and TON ($10M, October 2024) also clearing eight figures. The most recent entries lean early-stage: Byzanlink closed a $1M Pre-Seed in June 2025 and Oro Labs raised a $2M Pre-Seed in March 2025. Arknet is the only confirmed Series A in the set, at $6M (December 2024). Five of the 14 rounds carry undisclosed amounts, concentrated in the Seed cohort.

Most recent rounds

14 shown

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Frequently asked

What are the largest disclosed rounds among Dubai blockchain companies shown here?

ALLO leads at $100M (Series Unknown, December 2024), followed by Flare Network at $35M (February 2024) and TON at $10M (October 2024). Arknet and Pixelverse each raised $6M — at Series A and Seed stage respectively — rounding out the top five by disclosed amount.

Which funding stage is most common in this Dubai blockchain cohort?

Seed accounts for seven of the 14 rounds, including Asigna ($3M, May 2025), Pixelverse ($6M, June 2024), and Talisman ($2M, January 2024). Adding two Pre-Seed rounds — Byzanlink and Oro Labs — puts early-stage deals at nine of the 14 entries.

Which companies closed rounds in 2025?

Four rounds closed in 2025 through June: Byzanlink (Pre-Seed, $1M, June), Asigna (Seed, $3M, May), Oro Labs (Pre-Seed, $2M, March), and PaybyBit (Seed, undisclosed, January). The three with disclosed amounts — $1M, $2M, and $3M — reflect the early-stage character of 2025 deal flow in this set.

How many of these rounds have undisclosed amounts?

Five of the 14 rounds list undisclosed amounts: PaybyBit, Xade Finance, Rewardable, Marsbase, and Coino Live. All five fall in the Seed or Series Unknown bracket — relevant context when prioritizing outreach, since disclosed-amount rounds here range from $1M to $100M.

Is there any confirmed growth-stage activity in this data?

The largest raises — ALLO ($100M) and Flare Network ($35M) — are both tagged Series Unknown rather than a lettered round, indicating non-standard or undisclosed structures. Arknet is the only company with a confirmed Series A label, closing a $6M round in December 2024.

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