Camp Network: $25 Million Series A

Camp Network, a modular Layer 1 blockchain, secured $25 million in a Series A round co-led by 1kx and Blockchain Capital, with participation from OKX Ventures, Lattice Fund, Paper Ventures, dao5, TrueBridge Capital, and others. Announced on April 29, 2025, the round brings the company’s total funding to $30 million, following a $4 million seed round in 2024. Valued at $400 million, Camp Network focuses on modernizing intellectual property (IP) infrastructure and enabling AI-driven applications. The platform allows users to register and tokenize IP on-chain, deploy AI agents, and leverage off-chain social data for on-chain value creation, particularly in entertainment and creator monetization. The funds will support ecosystem development and scaling of its privacy-focused network, with a mainnet launch planned to enhance its offerings for high-performance workloads.

Kaia Chain: Strategic Funding Round

Kaia Chain, an EVM-compatible Layer 1 blockchain, raised an undisclosed amount in a strategic funding round. Formed through the merger of Klaytn and Finschia—blockchains developed by South Korea’s Kakao and Japan’s LINE, respectively—Kaia aims to accelerate Web3 adoption across Asia. Integrated with KakaoTalk and LINE, which collectively serve over 250 million users, Kaia offers 1-second block times, immediate transaction finality, and a dynamic gas fee model for low-cost, high-speed transactions. The blockchain supports over 420 decentralized applications (DApps), spanning DeFi, gaming, NFTs, and real-world asset tokenization. The funding will enhance Kaia’s infrastructure, including its Mini DApp SDK for LINE integration, and support its enterprise-grade ecosystem, featuring tools like Kaia Wallet and Kaia Safe for secure asset management.

Miden: $25 Million for Zero-Knowledge Blockchain

Miden, a zero-knowledge (ZK) blockchain protocol, raised $25 million in a funding round led by a16z crypto, 1kx, and Hack VC, with contributions from Finality Capital, Symbolic Capital, P2 Ventures, and angel investors, including MakerDAO’s Rune Christensen and Aptos’ Avery Ching. Spun out from Polygon Labs, Miden focuses on privacy-preserving transactions, leveraging ZK rollup technology to scale Ethereum while ensuring confidentiality. Announced on April 29, 2025, the funds will support Miden’s mainnet launch, team expansion from 17 to 25 members, and infrastructure development, such as wallets and bridges. Miden aims to compete with blockchains like Solana and Aptos, offering institutional-grade privacy solutions. An incentive program for early adopters and a planned airdrop for POL token holders are also part of its growth strategy.