POPA ReconBiggest Fundraising Rounds in May
Biggest Fundraising Rounds in May Token prices may be cooling, but capital is still pouring in. May's biggest rounds totaled over $2.2B across prediction markets, AI, stablecoin infrastructure, and perp DEXs. • Kalshi - $1.2B • Exa - $250M • Arc - $222M • Elliptic - $120M • OpenRouter - $113M • Fun - $72M • Fasset - $51M • Variational - $50M • Judgment Labs - $32M • Catena - $30M • PopDEX - $30M • OpenTrade - $17M • Town Square - $16.3M • Nof1 - $15M Kalshi led by a mile - more than every other round combined, while AI dominated the mid-tier and perp DEXs (Variational, PopDEX) s…
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