Crypto Startups Secure $109M in Weekly Funding, Led by Novig's $75M Series B Round

yesterday / 21:57 2 sources positive

Key takeaways:

  • Venture capital's focus on prediction markets and AI suggests a strategic bet on narrative-driven sectors over broad infrastructure.
  • The concentrated $75M investment in Novig highlights institutional confidence in the convergence of crypto and real-world event markets.
  • Seed-stage AI and DeFi funding indicates a long-term build phase, with potential for token launches to drive future retail interest.

Crypto startups raised over $109 million in funding between February 16 and February 23, 2026, according to data from CoinMarketCap Research. The capital influx was heavily concentrated in specific sectors, with prediction markets, AI-driven infrastructure, and payments-focused platforms attracting the most investment.

The largest single raise came from Novig, which secured $75 million in a Series B round focused on sports and prediction markets. This round was backed by prominent venture capital firm Pantera Capital and alone accounted for the majority of the week's total funding.

Mid-tier funding rounds followed, with Kresus raising $13 million in a strategic round for its mobile wallet platform, backed by Hanwha Investment & Securities. NEWITY secured $11 million for its crypto lending services, with participation from CMT Digital.

Seed-stage activity remained robust in the artificial intelligence and decentralized finance verticals. Unicity raised $3 million for AI agent development, supported by Blockchain Ventures. PlutonAI secured $2.7 million, backed by Kitchen, and PRED closed a $2.5 million Seed round with backing from Accel.

Smaller pre-seed allocations included Rizon ($2 million, backed by Market One Capital), Fireplace ($1.5 million, supported by Frachtis), and Endl ($1.5 million, with participation from Iterative and Tenity), all focused on payment infrastructure and fintech applications.

The funding distribution reveals a selective and theme-driven venture capital landscape. Despite broader market volatility, investor appetite remains strong for prediction markets, AI-driven crypto services, wallet and payment infrastructure, and lending platforms. The data indicates capital is flowing toward projects with defined thematic theses rather than general-scope initiatives.

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