Since the beginning of July, $207 million has been invested in AI, crypto and blockchain startups

The bulk of this capital was raised through pre-seed and seed rounds, token launches and Series A rounds.

Sentient received the largest investment - $85 million, which is 41% of the total amount of funds invested in startups over the past four days. Sentient is a new open source artificial intelligence (AI) development platform that focuses on general artificial intelligence (AGI).

Next in terms of funds raised was Tabi Chain, a modular Level 1 (L1) gaming blockchain in the Cosmos ecosystem, which raised $16.08 million through a public coin offering. Slightly smaller startup Lombard earned $16 million.

Lombard aims to integrate bitcoin into the decentralized finance (DeFi) space. The company received its main investment from Polychain Capital, and it also raised funds from Okx, Bitget, Nomad, Foresight Ventures, ABCDE, and others. Atlanta-based startup Prodia, which specializes in distributed networks of GPUs for developing solutions based on pre-trained artificial intelligence, raised $15 million in seed funding.

Prodia's main investor was Dragonfly Capital, with contributions from Hashkey Capital, Web3.com, Index Ventures, Symbolic Capital and Okx Ventures. In fifth place was Redstone, a blockchain startup specializing in oracle services, which raised $15 million in a Series A funding round on July 2, 2024. As for startups Pi Squared and Astria, they received $12.5 million each.

Pi Squared focuses on providing verifiable computing with zero-disclosure proof (ZK), while Astria is developing modular blockchain technology. Other startups that raised significant capital in July include Sendblocks ($8.2 million), Openledger ($8 million), QED Protocol ($6 million), Mamori ($5 million), Compute Labs ($3 million), Onaji ($2.5 million) and Nubila Network ($2.5 million).

The fact that investments in these projects and startups continue to gain momentum underscores the growing confidence of venture capitalists in the potential of new technologies. In particular, the impressive investment achievements of the top ten reflect the growing interest in platforms targeting areas such as artificial intelligence, crypto, zero-disclosure technology, oracles and DeFi. All of these set the pace high for investment in tech startups this month.