Three Weeks of Triple-Digit Fundraising
Sep 22, 2023
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Weekly Recap
This week marked the third consecutive week of total funding over $100 million. This week’s total rose to $136 million compared to last week’s $119 million. A trend has developed of projects beginning to emerge from stealth development and announcing their product updates or new fundraises. Projects may be seeing light at the end of the tunnel of this bear market and think it is the right time to emerge.
Infrastructure was the most popular category this week, comprising 47% of the total funding amount and 44% of the deal count. CeFi has seen a notable uptick in recent w...