Crypto startups have raised $76 million in the first week of Q2 2026, pushing total funding for the year close to $500 million, according to DefiLlama data. Leading the funding rounds, Pharos secured $44 million in a Series A round with backing from SNZ Holding, Chainlink, and Flow Traders. Pharos aims to develop a high-performance Layer 1 blockchain compatible with Ethereum applications, focusing on real-world assets and decentralized infrastructure networks. Additionally, Oh raised $7.5 million in a Series A round led by Maven 11, with contributions from L1 Digital, Hashed, Auros Global, and Maelstrom. Oh is developing a Web3 AI platform, offering decentralized AI service tools like OhChat. Meanwhile, Kulipa completed a $6.2 million seed round led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures. Kulipa provides branded payment cards for crypto wallets, facilitating the conversion of digital assets into fiat currency at checkout.