How much did Cycles raise?

Cycles raised $6.4M at Seed, announced 21 May 2026.

Ethan Buchman is CEO & Founder of Cycles.

Cycles operates in Blockchain & Web3 and is based in Canada.

FundedStartupsDaily / Blockchain & Web3 / Cycles

Cycles raises $6.4M

Cycles announced a Seed round of $6.4M on 21 May 2026. The company operates in Blockchain & Web3 and is based in Canada. It was founded by Ethan Buchman, CEO & Founder.

Raised

$6.4M

Stage

Seed

Industry

Blockchain & Web3

Country

Canada

Founder

Ethan Buchman

CEO & Founder, Cycles

LinkedIn profile cycles.money

Outreach angles

-Ethan Buchman is a co-founder of Cosmos and helped pioneer decentralized BFT consensus networks roughly a decade ago.
-He is now CEO of Cycles, applying zero-knowledge proofs and graph algorithms to multilateral clearing for on-chain finance.
-Cycles raised a $6.4M seed led by Blockchange Ventures with Coinbase Ventures, bringing total funding to $8.7M.