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

Crypto.News2026/01/17 12:30

By:Crypto.News

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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…
— 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…
— 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

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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