Pantera Capital, Circle Ventures pile on as crypto startups haul $313 million this week

Investment Overview - Frontier investors have invested $313 million in 16 crypto startups this week, bringing total investments in the industry to $25.4 billion for the year, which is over 160% more than the amount raised in 2024 and significantly above analysts' expectations for 2025 [1] - The investment landscape has shifted, with venture capitalists now focusing on larger investments in fewer companies, resulting in a decrease in deal count but an increase in average round size to nearly $37 million [2] Major Funding Recipients - RedotPay raised $107 million in a Series B round, making it the largest deal of the week. The company specializes in stablecoin payments and is backed by firms such as GoodWater Capital, Pantera Capital, Blockchain Capital, HongShan, and Circle Ventures [3] - Fuse Energy secured $70 million in Series B financing, led by Lowercarbon Capital and Balderton, to scale its decentralized physical infrastructure network for renewable power across the US, Ireland, and Spain [6] - METYA, an AI-driven web3 social platform, raised $50 million in a strategic round with participation from Castrum Capital, Alpha Capital, M2M Capital, and Vertex Capital [8] Company Insights - RedotPay is building infrastructure that connects crypto rails with everyday finance, allowing users to spend crypto to fiat through various tools and aiming to accelerate product innovation and global reach with the new funding [4][5] - Fuse Energy is developing a blockchain-based energy network that enables peer-to-peer power trading and decentralized energy installations, aiming to reshape energy production and distribution [7]