---
title: "$190m raised, OG Labs secures capital"
url: https://diffcoin.com/190m-raised-og-labs-secures-capital/
description: "The second week of 2025 began with VOOX securing $50 million for AI and trading infrastructure, while FTX EU got sold to Backpack"
published: 2025-01-11
updated: 2025-01-11
author: "Mila"
site: "Diffcoin"
---

# $190m raised, OG Labs secures capital

The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors.

The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that of the first week’s $88 million.

The week’s activity centered on centralized exchanges, AI integration, and infrastructure development, with projects at different stages drawing capital. Let’s look at the key events per Crypto Fundraising data.

### VOOX, $50 million

- Raised $50 million in an unknown round
- The investment was backed by Pinnacle Venture
- VOOX is building an AI-powered trading platform

> VOOX Exchange, the AI-driven platform that knows you best, just secured a $50M investment from [@VcPinnacle](https://twitter.com/VcPinnacle?ref_src=twsrc%5Etfw) to revolutionize trading. 💡
> 
> What does this mean for YOU?
> 
> ✅ Smarter AI tools to maximize your trades.
> 
> ✅ Rock-solid security for peace of mind.
> 
> ✅ A faster, smoother… [pic.twitter.com/TjfLGUCRRs](https://t.co/TjfLGUCRRs)
> 
> — Crypto PM (@CryptoPM_) [January 11, 2025](https://twitter.com/CryptoPM_/status/1878018011636072642?ref_src=twsrc%5Etfw)

### FTX EU, $32.7 million

- FTX EU bagged an M&A deal worth $32.7 million
- The project was acquired by Backpack
- FTX EU is the European arm of the crypto exchange

> Backpack has acquired FTX EU and its MiFID II License.
> 
> Our first priority is to return all customer EURO funds on behalf of the FTX estate, followed by rolling out a full suite of spot, margin, and futures trading products.
> 
> Crypto perps trading is coming back to Europe 🇪🇺 [pic.twitter.com/ExxYFufZHj](https://t.co/ExxYFufZHj)
> 
> — Backpack 🎒 (@Backpack) [January 7, 2025](https://twitter.com/Backpack/status/1876549869055431010?ref_src=twsrc%5Etfw)

### OG Labs, $32.24 million

- Raised $32.24 million through public sale
- Combining AI with L1 infrastructure
- OG Labs is developing blockchain infrastructure tools
- The project has raised over $107.24 million so far

### Eventflo, $20 million

- Eventflo secured $20 million in an unknown round
- The project is backed by Rothman Management
- Eventflo is working on payment solutions, marketing and event operations

### SoSoValue, $15 million

- Raised $15 million in Series A with $200 million FDV
- SoSoValue is backed by HongShan, Mirana and SafePal
- The project is building an analytics platform and has raised $19.15 million so far.

### Notable crypto VC funding rounds under $10 million

- Nakamoto Games raised $10 million for P2E gaming on Polygon (MATIC)
- Alpen Labs secured $8.5 million in strategic funding
- Privasea raised $5.25 million Series A with $180 million FDV
- Superseed gathered $4.47 million through public sale
- ZKcandy secured $4 million in seed funding
- Rena Labs raised $3.3 million in pre-seed funding
- Starpower secured $2.5 million in an unknown round
- Ooga Booga raised $1.5 million in strategic funding
- BAD Coin gathered $1.25 million through public sale with $12.50 million FDV
- Enclave and Aligned Layer each raised $1 million
- Yiedl secured $735,000 in an unknown round
- Xterio raised $300,000 through public sale with $0.04 FDV
- Primex Finance gathered $50,000 through public sale
- Wise Monkey funding amount TBD

[Source link](https://crypto.news/crypto-vc-funding-190m-raised-og-labs-secures-capital/)