# Midas funding: rounds and investors

> Midas has raised $89M across 2 rounds since 2024. Investors include QED Investors, FJ Labs and HSG. Every round with its source.

Source: https://millionrounds.com/company/midas (Millionrounds; every figure on the page links to its filing or article)

Türkiye · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Midas*

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps Fintech Web3 & Crypto

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Funding summary Updated 5 Nov 2026

**$89M** raised across 2 rounds since 2024, from 2 sources

**$8.8M** Seed **$80M** Series B

- **Latest round:** Series B, $80M Aug 2025
- **Led by:** QED Investors
- **Step-up i:** 9.1×
- **Investors:** 13 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$8.8M** Seed

**$80M** Series B

- **First round:** Seed, $8.8M
- **Biggest round:** $80M
- **Between rounds:** 18 months

## The rounds

- **Aug 2025** Series B **$80M** *8 new* [QED Investors](https://millionrounds.com/fund/qed-investors) Lead [HSG](https://millionrounds.com/fund/hsg) [Spark Capital](https://millionrounds.com/fund/spark-capital) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Revo Capital](https://millionrounds.com/fund/revo-capital) [QuantumLight](https://millionrounds.com/fund/quantumlight) [George Rzepecki](https://millionrounds.com/fund/george-rzepecki) [Spice Expeditions, LP](https://millionrounds.com/fund/spice-expeditions-lp) Reported by Silicon Canals
- **Mar 2024** Seed **$8.8M** *5 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Hack VC](https://millionrounds.com/fund/hack-vc) [HV Capital](https://millionrounds.com/fund/hv-capital) [Framework Ventures](https://millionrounds.com/fund/framework-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2024 **Series B** 2025 [QED Investors](https://millionrounds.com/fund/qed-investors) L [FJ Labs](https://millionrounds.com/fund/fj-labs) [HSG](https://millionrounds.com/fund/hsg) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Hack VC](https://millionrounds.com/fund/hack-vc) [HV Capital](https://millionrounds.com/fund/hv-capital) [Framework Ventures](https://millionrounds.com/fund/framework-ventures) [Revo Capital](https://millionrounds.com/fund/revo-capital)

## Everyone who backed them

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **1** round, led 1

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[HSG](https://millionrounds.com/fund/hsg) VC firm **1** round

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round

[Hack VC](https://millionrounds.com/fund/hack-vc) VC firm **1** round

[HV Capital](https://millionrounds.com/fund/hv-capital) VC firm **1** round

[Framework Ventures](https://millionrounds.com/fund/framework-ventures) VC firm **1** round

[Revo Capital](https://millionrounds.com/fund/revo-capital) VC firm **1** round

[QuantumLight](https://millionrounds.com/fund/quantumlight) VC firm **1** round

[George Rzepecki](https://millionrounds.com/fund/george-rzepecki) Angel **1** round

[Spice Expeditions, LP](https://millionrounds.com/fund/spice-expeditions-lp) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=midas).

## Quick answers about Midas

### Who invested in Midas?

Midas's investors include QED Investors, FJ Labs, HSG, Spark Capital and Coinbase Ventures, and 8 more on record. QED Investors led its latest round.

### How much has Midas raised?

Midas has raised $89M across 2 rounds since 2024.

### When did Midas last raise?

Midas's most recent round was a Series B of $80M in Aug 2025, led by QED Investors.

### What was Midas's biggest round?

Its most recent round, $80M in Aug 2025, is also its largest on record.

### Who backed Midas first?

Midas's first round on record, in Mar 2024, was backed by FJ Labs, Coinbase Ventures and Hack VC and 2 others.

### What stage is Midas at?

Midas's latest named round is a Series B, in Aug 2025.

### Where is Midas based?

Midas is based in Türkiye.

### Who led Midas's rounds?

QED Investors led the Series B in 2025.

## Companies like Midas

In the same sector, and raised in the last eighteen months.

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