Venture Funding Plummets

Aug 19, 2022 • 4 Min Read

This week was a slow one in venture capital funding. Funding fell to the lowest levels we've seen all year at $111M, with only 13 deals completed. This is a 64% decrease from $306M in funding last week, and a 60% decrease in deals from 32 last week. CeFi and NFTs saw slight increases in funding from last week while each other sector declined. The largest drops were in the Infrastructure and Metaverse/Gaming segments, which were the highest funded last week. While recent funding has been slow, it's important to note that the first half of the year for 2022’s crypto funding has already exceed...

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