The Top 10 Most Funded Blockchain Infrastructure Projects
By Lucidity Insights Research Team 13 August 2024

The Top 10 Most Funded Blockchain Infrastructure Projects

The blockchain infrastructure space continues to attract significant investment, with the top 10 projects collectively raising over US $2.7 billion to date. Leading the charge is Alchemy, which has secured a total of US $563.9 million, including a US $200 million extended Series C round in February 2022, backed by prominent investors like a16z and Lightspeed Venture Partners. Blockdaemon follows with US $434.8 million, with its latest undisclosed round in August 2022 supported by Softbank and Tiger Global Management.

Blockstream has raised US $411 million, including US $125 million in debt financing in January 2023, driven by Fulgur Ventures and Bitfinex. Meanwhile, Helium secured US $364.8 million, with a notable US $200 million Series D round in February 2023, led by a16z, Tiger Global Management, and Google Ventures.

Other major players include LayerZero (US $263.3 million), Wormhole (US $225 million), and EigenLayer (US $164.5 million), all attracting top-tier investors like Sequoia Capital, Coinbase Ventures, and Blockchain Capital.

Emerging projects like Lightning Labs, Figment, and Eclipse round out the list, collectively raising over US $311 million, underscoring the growing investor interest in scalable, next-generation blockchain technologies.

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