Infrastructure Carries Venture Funding
Sep 9, 2022
• 4
Min Read
Funding had one of its best weeks of the past couple of months, with funding increasing 81% from last week to $574M. This increase was almost entirely due to an outstanding week from infrastructure – which accounted for $482M of funding and consisted of 8 deals. The largest of these deals was a raise for Mysten Lab’s Sui Blockchain, which we delve deeper into in the Deal of the Week section. This week's infrastructure funding was a massive increase from last week, which only had $21M of funding. Other sectors lagged – with each receiving $25M or less in funding. Web3 had the s...