Infrastructure Remains VC's Focus

Funding was down this week, dropping from $607M to $241M, as total deals fell from 26 to 18. While infrastructure remained the highest funded sector at $158M, it declined nearly 68% from last week's huge week. The only sector that saw an increase from last week was NFTs. This was due entirely to a $54M raise for Doodles, which puts the Web3/NFT company at a whopping $704M valuation. We discuss this deal more in our Selected Deals Section. The lowest funded sector this week was Metaverse/Gaming, which only had one deal (MetaFi), and received $3M in funding. Metaverse/Gaming had been espec...