Funding Activity Jumps with Market

Weekly Recap

Funding is following the market higher, jumping $29 million from last week to $141 million. This week also saw a jump in activity, with 25 deals closed compared to 13 last week. Infrastructure was by far the most popular category, with 14 deals announced. Deals were funded in numerous infrastructure verticals, including trading software, payments, and compliance, among others. From a deal stage perspective, raises remain concentrated on Seed and Pre-Seed companies, with half of the deals this week falling in these categories. There was an uptick in Series A funding, with three...