Infrastructure Projects Raise Nearly $1B In A Week

Key Takeaways

Venture capital went all-in on infrastructure projects this week, more than tripling investments into the crypto vertical at $942 million. The runner-up was NFT/metaverse projects, which raised $134.5 million over 7 projects that were mostly very early-stage funding rounds. CeFi and DeFi were relatively inactive, raising $40 million and $11 million, respectively. A mining infrastructure project raised $385 million in a mix of equity and debt, and three venture capital funds raised $711 million, one of which is a new entrant to the space.Active investors this week include a16z, Tig...