Flashbots Achieves Unicorn Status

Jul 28, 2023 • 4 Min Read

Crypto funding fell on a weekly basis to $153 million compared to $219 million last week. Notably, 10 of the 15 deals announced this week secured funding within the $0-$10 million range. This is significant because it continues a trend of crypto VCs increasingly allocating capital towards early-stage funding rounds and being more selective in later stages. Our team highlighted this trend in our Q2 2023 Crypto Fundraising Report.

Infrastructure-related projects received the most funding this week, with seven deals totaling $100 million. Flashbots received $60 million in funding at a $1 bill...

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