Author: Ana Paula Pereira, CoinTelegraph; Compiler: Tao Zhu, Golden Finance

RootData data shows that in November, cryptocurrency startups conducted 99 venture capital and M&A transactions, with a total value of more than $350 million.

Highlights this month include Zero Gravity Labs’ $290 million funding round to build a decentralized artificial intelligence operating system (dAIOS), and Superscrypt’s plans for blockchain-based Startup launches new $100 million investment fund. Additionally, the crypto ecosystem welcomed a new crowdfunding platform focused on Bitcoin projects.

Investor sentiment towards the sector may be influenced by the prospect of a more favorable regulatory approach in the United States following Donald Trump's re-election earlier this month, which could lead to new regulatory conditions. Increase capital investment in cryptocurrency businesses.

A number of cryptocurrency startups received funding in November. Source: RootData

In a more positive environment, founders are also looking for other ways to raise capital. Legion co-founder Fabrizio Giabardo said cryptocurrency projects are fundamentally rethinking how they raise funds and engage their communities. "Give people the energy to build again and create ecosystems where communities feel like real stakeholders," he noted. "This is a return to the roots of cryptocurrency ICOs."

Risks in this Issue The investment roundup highlights some of the projects attracting capital at the end of November.

Talus Network raises $6 million for decentralized artificial intelligence agents

Talus Network, a blockchain protocol for artificial intelligence agents, has raised $6 million in a recent round of funding led by Polychain Capital, including Angel investors such as Foresight Ventures, Animoca, Geek Cartel, Echo, and Polygon, Sentient, Allora, and 0G Labs.

This round brings Talus Network’s total funding to $9 million and its valuation to $150 million. The funding will support the development of Talus infrastructure solutions, Protochain and the Nexus framework.

The framework provides developers with the tools to create autonomous agents capable of managing smart contracts and performing tasks in areas such as decentralized finance, decentralized autonomous organizations, and gaming. According to Talus, these generationsManagement can facilitate portfolio optimization, money management and automated game testing.

Binance Labs invests in Kernel, Astherus

Binance Labs disclosed new investments in November. The exchange’s venture capital arm invested in Kernel, a platform developing re-staking infrastructure for the BNB chain.

According to Binance, Kernel’s technology will make BNB’s security features programmable and verifiable, supporting various cryptographic applications and services. The initial deployment will utilize BNB liquid staking tokens and re-stake BNB to enhance DeFi projects on the BNB chain.

Another startup to receive funding from Binance Labs is Astherus, a multi-asset liquidity center dedicated to maximizing real returns on crypto assets. The company focuses on maximizing asset returns through high-yield strategies across multiple blockchains and protocols. Binance did not disclose how much money was invested in the two transactions.

Barter secures $3M in seed funding to optimize trades

Swap startup Barter has closed a $3M seed round led by Maven11 with participation from Lattice, Anagram, Heartcore, DCG and Daedalus Angels. Founded in 2023, the company claims to have reached $3.5 billion in on-chain transactions, competing with major industry players such as Wintermute and 0x.

The new funding will be used to develop Barter’s AppChain, which aims to solve common challenges in the DeFi space, such as maximum extractable value (MEV) development and decentralized liquidity pools.

According to Barter, its AppChain is designed to centralize liquidity pools and streamline order flow for faster, more cost-effective trading. Barter co-founder Nikita Ovchinnik is the former chief business development officer of 1inch Network.

Rarimo raises $2.5 million for ZK authentication

Rarimo, a startup focusing on zero-knowledge authentication, has completed $2.5 million in financing from Ethereum’s Vitalik Buterin, Celestia’s Nick White Supported by blockchain founders such as Daniel Lubarov of Polygon Zero and Stefan George of Gnosis.

The funding round, which is restricted to founders only, will fuel Rarimo as a zero-knowledge aggregation on Ethereum, with a planned launch in Q1 2025. Starting with passport-based identity, Rarimo allowsUsers create and store identity proofs on their devices without the need for intermediaries.

According to the startup, its system has been used in multiple countries for anonymous voting and airdrops. Rarimo plans to expand its technology to support private social networks and reputation-based systems using zero-knowledge proofs.