# Miden funding: rounds and investors

> Miden has raised $26M across 2 rounds since 2024. Investors include Y Combinator, Hack VC and A16z Crypto. Every round with its source.

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

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Miden*

2 rounds we have observed, with the 4 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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$26M** raised across 2 rounds since 2024, from 2 sources

**$500K** Pre-seed **$25M** Seed

- **Latest round:** Seed, $25M Apr 2025
- **Step-up i:** 50×
- **Investors:** 4

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.

2024 2025

**$500K** Pre-seed

**$25M** Seed

- **First round:** Pre-seed, $500K
- **Biggest round:** $25M
- **Between rounds:** 15 months

## The rounds

- **Apr 2025** Seed **$25M** *3 new* [Hack VC](https://millionrounds.com/fund/hack-vc) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund) Also list them on their own site [1kx](https://millionrounds.com/fund/1kx) Source recorded
- **Jan 2024** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded

## Founders and team

From Miden's own website: 3 founders.

**Azeem Khan** Co-founder

**Bobbin Threadbare** Co-founder

**Dominik Schmid** Co-founder

## 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.

**Pre-seed** 2024 **Seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Hack VC](https://millionrounds.com/fund/hack-vc) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

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

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm **1** round

[Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund) VC firm **1** round

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

## Also claim to have backed them

These 3 firms list Miden as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[1kx](https://millionrounds.com/fund/1kx) VC firm 2025, per its site

[Bloccelerate VC](https://millionrounds.com/fund/bloccelerate-vc) VC firm Per its own site

[Velocity Digital](https://millionrounds.com/fund/velocity-digital) Angel network Per its own site

## Quick answers about Miden

### Who invested in Miden?

Miden's investors include Y Combinator, Hack VC, A16z Crypto and Delta Blockchain Fund.

### How much has Miden raised?

Miden has raised $26M across 2 rounds since 2024.

### When did Miden last raise?

Miden's most recent round was a Seed of $25M in Apr 2025.

### What was Miden's biggest round?

Its most recent round, $25M in Apr 2025, is also its largest on record.

### Who backed Miden first?

Miden's first round on record, in Jan 2024, was backed by Y Combinator.

### What stage is Miden at?

Miden's latest named round is a Seed, in Apr 2025.

### Where is Miden based?

Miden is based in the United States.

## Companies like Miden

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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