CeFi and Infrastructure Remain Strong
Dec 16, 2022
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Funding saw a notable increase this week, rising to $503 million from $73 million last week. CeFi and Infrastructure made up the large majority of capital raised, representing 60% and 31%, respectively. The largest deal this week was a $300 million Series C deal raised by Amber Group. Amber Group is a digital asset trading platform, and they raised capital in order to increase the company’s health following the collapse of FTX.
Seed Round deals were the most popular deal type this week, representing 37% of all deals. There was one acquisition this week as Bitcoin Group acquired the German ban...