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$CAM

Name: FS Insight
Price range: $$$

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Jievani Weerasinghe NHRM1u4GD A Unsplash

Backing Funds Is The New Holding Cash

Funding Fridays

May 27, 2022

In a week very similar to last, venture capital money was heavily focused on backing new funds as opposed to investing in projects. Projects raised a total of $600 million, with CeFi projects getting the biggest share of the pie at $197 million. Infrastructure and DeFi followed up at $122 million and $111 million, respectively. Web3 and Metaverse/Gaming both raised $73 million, and NFT projects came in last with just...

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Backing Funds Is The New Holding Cash

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