Web 3 and Infrastructure Lead the Way

Funding has remained relatively stable all month at around ~$450M per week. While funding is up from last week, the total deal count dropped from 36 to 32. Infrastructure deals have led for the second week in a row. There were four infrastructure deals, the largest of which was a $150M in Series A funding for Aptos, an Alternative Layer 1 blockchain that we discuss in more detail later in this report. Other infrastructure deals included Socket, Atato, and Topl. Web 3 and Metaverse/Gaming deals also had a strong week, with both segments doubling their funding from last week. Web 3, in particul...