Infrastructure Continues to Lead, and Sam Altman’s Worldcoin Raises $115M

May 26, 2023 • 3 Min Read

Funding declined from $238M last week to $164M this week. Most deals (75%) were in the infrastructure vertical, which increased from $104M to $124M this week, with six total deals. The second most funded sector was Metaverse & Gaming, which rose to $23M in funding this week from no funding last week. Every other sector lagged—Web3 & NFTs had $15M in funding, DeFi had $2M, and CeFi and Mining had no deals. The largest deal this week was for Worldcoin. Worldcoin is an infrastructure-based firm aiming to provide its users with an accessible global currency, identification, and payment ...

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