DeFi Beginning to Shine

Weekly Recap

Weekly funding was on pace with last week’s levels, with total funding rising marginally to $76 million while deal count fell slightly to 11. DeFi was the most funded category this week, largely attributable to SynFutures’ $22 million Series B round (Deal of the Week). DeFi has been the hottest sector in Q4, making up 32% of total funding thus far. Infrastructure was the second most funded category this week, comprising 31% of funding amount and 45% of deal count. Infrastructure’s dominance as a category has waned in recent weeks, accounting for a fifth of the last three...