Crypto Funding Weekly: $110M Poured into AI and DeFi Projects (June 16-22)

The $110M Funding Pulse Check
As your resident crypto quant with a Wall Street spreadsheet addiction, I couldn’t help but notice something peculiar about last week’s funding data. While deal count rose to 16 (up from 14), the total capital deployed shrunk by nearly 50% to $110 million - suggesting VCs are writing smaller checks but spreading bets wider.
AI Eats Crypto Lunch Again The standout? Four AI-centric projects accounted for 42% of total funding:
- Cluely: $15M for an ‘undetectable’ real-time meeting assistant (basically ChatGPT on steroids during your Zoom calls)
- PrismaX: $11M seed round to crowdsource robot training data via crypto incentives
- Gradient Network: Decentralized AI infrastructure scoring $10M from Multicoin and Pantera
Follow the Smart Money
a16z appeared in two major deals, maintaining their thesis that “AI x crypto will be bigger than DeFi.” Meanwhile, stablecoin infrastructure plays like Ubyx (\(10M) and SaturnX (\)3M) show institutional interest in bridging TradFi rails with crypto.
My Take: The shrinking average deal size (\(6.9M vs last week's \)13.9M) confirms my hypothesis - liquidity fragmentation is forcing VCs to be more surgical. Pure speculative crypto plays are getting squeezed as tangible utility becomes the new funding prerequisite.
QuantPhoenix
Hot comment (9)

VCs Spreading Bets Like My Ex Spreads Rumors
Looks like even the big players are feeling the crypto winter chill - writing $6.9M checks instead of their usual champagne-sized funding rounds.
AI Taking Over (Even Boardrooms)
Cluely’s $15M for ‘undetectable’ meeting assistants? Finally, something to blame when I zone out during Zoom calls! Though I’d pay extra for one that automatically laughs at my bad jokes.
Pro Tip: When Multicoin and Pantera bet on decentralized AI infrastructure, it’s time to update your “this is totally different from 2017” PowerPoint.
Thoughts? Is this surgical precision or just VC cold feet?

VCوں کا نیا فارمولا
اب سرمایہ کار چھوٹے چیکوں سے بڑے خواب دیکھ رہے ہیں! گزشتہ ہفتے AI اور DeFi پروجیکٹس میں $110M کی سرمایہ کاری ہوئی، مگر ڈیلز کا سائز پچھلے ہفتے سے آدھا رہ گیا۔
ChatGPT کا ‘زوم بم’
Cluely کو $15M ملے ایک ایسے میٹنگ اسسٹنٹ کے لیے جو آپ کے زوم کالز کو ‘اسٹیرائڈز پر ChatGPT’ بنا دے۔ اب بورنگ میٹنگز میں بھی مزہ آئے گا!
آپ کی رائے؟
کیا یہ چھوٹے چیک درحقیقت بڑی کامیابی کی طرف اشارہ ہیں؟ یا VC محض خطرات بانٹ رہے ہیں؟ کمینٹس میں اپنی تجاویز شیئر کریں!

Cá nhỏ nhưng đàn đông Tuần này VC chi \(110 triệu cho 16 dự án - trung bình mỗi deal chỉ \)6.9M, rẻ hơn cả giá một căn hộ tại Q1 Sài Gòn! Có lẽ họ học được bài học từ mùa crypto winter: ‘Đừng bỏ tất cả trứng vào một cái rổ… mà chia ra 16 cái giỏ con’ 😂
AI lại ‘xơi tái’ crypto 42% tiền đổ vào 4 dự án AI, trong đó có Cluely - ChatGPT độ steroids để ‘cà khịa’ trong Zoom meeting. Nghe giống phim Black Mirror phiên bản tiết kiệm ngân sách!
Các bạn nghĩ sao? Liệu năm nay VC sẽ tiếp tục làm ‘bà đỡ’ cho những ý tưởng dị nhất hành tinh không? 🤖💸

VC बंदरगाह से AI की ओर भागे!
कल्पना कीजिए - VC साहब इतने प्यासे हैं कि $110M का पानी डालकर भी AI के कैक्टस को हरा नहीं पा रहे!
गणित का जादू:
- 16 डील पर पैसे की बौछार…पर औसतन सिर्फ ₹5 करोड़ प्रति स्टार्टअप (गया गुड़ गए!)
- Cluely को $15M मिले ‘अदृश्य’ Zoom असिस्टेंट के लिए - शायद VC मीटिंग्स में नजर आने से बच रहे हैं?
मेरी राय: DeFi अब ‘पुरानी पत्नी’ जैसा लगता है, जबकि AI नई चमकती हुई bhabhi! a16z का दांव सही होगा या नहीं? कमेंट में बताओ!

Les VCs deviennent radins !
110 millions de dollars pour l’IA et la DeFi, mais les checks rétrécissent comme un jean après lavage. La moyenne des deals est passée de 13,9M\( à 6,9M\)… visiblement, même les VCs ont un budget serré en 2024 !
L’IA mange le déjeuner de la Crypto
42% des fonds vont à l’IA ? C’est évident ! Entre ChatGPT sur stéroïdes (Cluely) et des robots payés en crypto (PrismaX), on dirait que les VCs préfèrent les machines aux humains. Dommage pour nous !
Et vous, vous investiriez dans un robot ou dans un bon vieux Bitcoin ? 😏

Pera o Pakulo? Nakuha ko na ang sikreto ng mga VC! Sa halip na mag-all-in sa iisang project, naglalaro na sila ng ‘sari-sari’ style investing—$110M para sa 16 startups? Parang tindahan ni Aling Nena ang peg! 🏪💰
AI Ang Bagong Asawa 42% ng pondo napunta sa AI projects! Yung Cluely na ‘undetectable’ meeting assistant, mukhang mas marunong pa sa bossing mo sa Zoom. Baka pwede nang mag-BIR break kahit nasa meeting! 😂
Komentaryo Mo? Kayong mga crypto-savvy diyan, ano mas gusto niyo—DeFi o AI ang susunod na ‘billion-dollar baby’? Sabihin niyo sa comments habang hindi pa nauubos ang funding!

P110M para sa mga robot na mas marunong pa sa tito mo sa stock market! 🤖💸
Grabe ang AI fever kahit sa crypto! Yung Cluely na meeting assistant, parang ChatGPT na may steroid - baka daw mas magaling pa mag-Zoom kesa sa boss mo. At least di ka i-ghost ng AI no?
VCs ngayon: Maliliit na check pero maraming pustahan. Parang bet ko lang sa NBA playoffs - spread the risk!
Kayong mga naghihintay ng lambo from shitcoins… mukhang kelangan nyo na talaga maghanap ng real utility. Charot lang, HODL pa rin! 😂
#DeFiWithAI #SanaAllFunding

When VCs Bring Knives to a AI Gunfight
Watching these so-called ‘smart money’ players spread $110M across 16 deals is like watching hedge funds try TikTok dances - awkwardly predictable. The real comedy? Four AI projects swallowed 42% of the capital while DeFi got table scraps.
My Quant’s Gut Check:
- Cluely’s $15M for spy-grade Zoom assistance? Just say you want to short human productivity.
- PrismaX paying crypto bounties for robot training data? Crowdsourcing Skynet never sounded so… blockchainy.
This liquidity fragmentation has VCs playing penny slots instead of high-stakes poker. As my Ukrainian grandma would say: “Коли гроші розпиляють, залишаються тільки тирса” (When money gets scattered, only sawdust remains).
Place your bets - which AI project implodes first?