Funding Takes a Dive After FTX Collapse
Dec 2, 2022
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Today we are covering both this week and last week due to Thanksgiving last Thursday. Not surprisingly, funding was low last week during the holiday and amid the FTX insolvency. Funding decreased from $280M the week of 11/18 to just $41M last week. However, we’re seeing funding starting to bounce back this week – increasing from $41M to $196M. Like we’ve seen most of the year, much of this funding came from the infrastructure segment. Infrastructure accounted for five of this week’s seventeen deals and included the largest deal of the week – a Series B round for Keyrock, which we di...