Funded Blockchain and Cryptocurrency Startups in San Francisco
Disclosed deal sizes in this San Francisco blockchain/crypto set show a clear outlier: Mesh’s $150M Series C (2025-01-16) sits far above the rest, which cl…
Disclosed deal sizes in this San Francisco blockchain/crypto set show a clear outlier: Mesh’s $150M Series C (2025-01-16) sits far above the rest, which cluster mostly below $50M (with other large disclosed rounds including Movement Labs at $100M on 2025-01-08, Phantom at $83M on 2025-01-16, and Superstate at $83M on 2026-01-22). On stages, disclosed amounts skew toward mid-to-late financing signals: Series Unknown appears 11 times, while “Pre-Seed/Seed/Series A/B/C” each show multiple occurrences (e.g., Series C includes Mesh 2026-01-27 at $75M and Phantom 2025-01-16 at $150M).
Timing is also concentrated. Of these 42 most-recent rows, 14 rounds land between 2025-08-04 and 2025-12-04 (including Portal to Bitcoin’s $25M on 2025-12-04 and Courtyard’s $30M on 2025-07-24), while the oldest disclosed entry is Andalusia Labs on 2023-12-13 with $48M. Coverage includes 4 “undisclosed” amounts (e.g., Re on 2026-06-17 and NodeShift on 2026-03-17), and every company listed is based in San Francisco, removing any geography-driven skew within this page.
Most recent rounds
42 shownRelated listings
Frequently asked
Which rounds are outliers on disclosed size, and what’s the scale gap to the rest?
The top disclosed round is Phantom at $150M (2025-01-16), with the next-largest disclosed amounts including Movement Labs at $100M (2025-01-08) and Mesh at $83M (2026-01-27). Most other disclosed entries fall well under $50M, such as Truflation at $6M (2024-02-06) and Lexe at $1M (2025-11-20).
How concentrated are rounds in the most recent part of the timeline shown?
A meaningful block of financing closes between 2025-08-04 and 2025-12-04, including Drip Labs at $8M (2024-09-04 not in window; in-window examples include o1.exchange at $3M on 2025-08-19, Lava at $18M on 2025-10-01, and Portal to Bitcoin at $25M on 2025-12-04). The page’s most recent entry is Re on 2026-06-17, while the oldest row shown is Andalusia Labs on 2023-12-13 with $48M.
Are “undisclosed” and “Series Unknown” common enough to affect comparisons?
Yes. There are 4 undisclosed amounts (Re 2026-06-17; NodeShift 2026-03-17; Mesh 2025-08-14; Plume Network 2025-08-04), and “Series Unknown” appears 11 times (for example, Hourglass on 2026-04-17 at $1M and Securitize on 2025-10-07 with undisclosed). That makes disclosed-size leaderboards rely on a subset of rows.
What stage mix dominates when looking at the named rounds with disclosed amounts?
Later-stage labels are present among the largest checks: Series C includes Mesh at $75M (2026-01-27) and Phantom at $150M (2025-01-16), while Series B includes Superstate at $83M (2026-01-22) and Movement Labs at $100M (2025-01-08). Earlier-stage labels also recur frequently, including Pre-Seed entries like Netaro at $1M (2026-05-12) and Human at $7M (2025-02-10).
Do any stages cluster by month in this dataset, or is it spread out?
There’s a strong January 2025 cluster across multiple stages and sizes: Movement Labs $100M (2025-01-08, Series B), Phantom $150M (2025-01-16, Series C), and Huma $28M (2024-09-11, out of month; within January specifically also includes the earlier 2025-01-16 Phantom). A separate larger cluster appears in mid-2024: Fabric Cryptography $33M (2024-08-19, Series A) and Eclipse $50M (2024-03-11, stage blank) bracket a spread from smaller Seed rounds like Pixels $5M (2024-02-09) to higher disclosed A rounds like The Sandbox $20M (2024-06-06).
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.