$190m raised, OG Labs secures capital

The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors.

The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that of the first week’s $88 million.

The week’s activity centered on centralized exchanges, AI integration, and infrastructure development, with projects at different stages drawing capital. Let’s look at the key events per Crypto Fundraising data.

VOOX, $50 million

• Raised $50 million in an unknown round
• The investment was backed by Pinnacle Venture
• VOOX is building an AI-powered trading platform

FTX EU, $32.7 million

• FTX EU bagged an M&A deal worth $32.7 million
• The project was acquired by Backpack
• FTX EU is the European arm of the crypto exchange

OG Labs, $32.24 million

• Raised $32.24 million through public sale
• Combining AI with L1 infrastructure
• OG Labs is developing blockchain infrastructure tools
• The project has raised over $107.24 million so far

Eventflo, $20 million

• Eventflo secured $20 million in an unknown round
• The project is backed by Rothman Management
• Eventflo is working on payment solutions, marketing and event operations