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Crypto VC Funding: Alpaca and LMAX Group each raise $150 million

source-logo  crypto.news 2 h
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The week of January 11-17, 2026, recorded $513.4 million in crypto funding across 15 projects, with Alpaca and LMAX Group both securing $150 million each.

Summary
  • Crypto funding reached $513.4M last week, with Alpaca and LMAX raising $150M each.
  • Infrastructure, exchanges, and payments dominated deals across 15 funded projects.
  • Project Eleven, ICEx, and VelaFi highlighted continued investor interest in core crypto rails.

Here’s a comprehensive breakdown of this week’s crypto funding activity as per Cryptofundraising data.

Alpaca

  • Raised $150 million in a Series D round
  • Fully diluted valuation of $1.15 billion
  • Backed by DRIVE, Haun Ventures, and Opera
  • Alpaca is an API platform that offers trading for stocks, options, and cryptocurrencies
  • The project has raised $288.8 million so far

We are grateful to announce that Alpaca has raised a $150M Series D led by @DriveCapital, valuing us at $1.15B! 🙏

This funding will be used to continue supporting our partners by strengthening Alpaca’s global investment infrastructure, expanding and enhancing our existing… https://t.co/Sta0BYJHNb

— Alpaca (@AlpacaHQ) January 14, 2026

LMAX Group

  • LMAX Group Secured $150 million in an unknown round
  • Investment was backed by Ripple

ICEx

  • Raised $70 million in an unknown round
  • ICEx is an Indonesia-based crypto exchange

Upexi

  • Upexi gathered $36 million in an unknown round
  • Backed by HiveMind
  • Upexi has raised $136 million so far

Project Eleven

  • Raised $20 million in a Series A round
  • Fully diluted valuation of $120 million
  • Investors include Castle Island Ventures, Coinbase Ventures, and Lattice
  • Project Eleven is a Bitcoin infrastructure and security platform

Project Eleven Raises $20M to Prepare
Digital Asset Infrastructure for the Quantum Era
Project Eleven, the leader in post-quantum security and migration for digital assets, today announced a $20 million Series A funding round led by Castle Island Ventures with participation from… pic.twitter.com/SEcXvC3whg

— Project Eleven (@qdayclock) January 14, 2026

VelaFi

  • Secured $20 million in a Series B round
  • Categories include Finance/Banking, Infrastructure, Payment, and Stablecoin
  • Backed by XVC, Ikkuyo, and Annox
  • Gained +2 new investors
  • Stablecoin payment infrastructure

Projects under $15 million funding

  • Konnex, $15 million in a strategic round
  • XMAQUINA, $10 million in an unknown round
  • Veera, $10 million in a seed round
  • TBook, $10 million in an unknown round
  • Noise, $7.10 million in a seed round
  • Meld, $7 million in an unknown round
  • Neuramint, $5 million in a seed round
  • TROVE, $2.50 million in a public sale
  • Saturn Labs (USDsat), $800,000 in an angel round
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