2023 Crypto Fundraising Report
Click HERE for the full report.
Key Slides from This Report
Slide 3: Crypto Financing History
Slide 7: Deal Vertical Summary
Slide 8: Deal Stage Summary
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WEEKLY RECAP In the last full week of September, crypto funding rose 40% from $167 million to $233 million despite the deal count falling by almost half from 29 to 15 deals. This week was a relatively unique week for funding, 97% of funding and 93% of deals falling within the Infrastructure and DeFi categories. CeFi and Web3 saw no deal flow, and Gaming had just one deal for $6...
WEEKLY RECAP Weekly funding increased 67% from $100 million to $167 million, while the deal count rose a modest 8% from 26 to 28. Infrastructure was the clear winner this week, raising $110 million across 14 deals, representing two-thirds of total funding and half of the total deal count. There were two CeFi deals totaling $9 million in funding, which remains a laggard category, tallying only 55 deals so far...
WEEKLY RECAP Funding activity bounced back from last week’s muted totals, with total funding rising 44% from $67 million to $96 million and deal count increasing 56% from 16 to 25. DeFi was the leading category from both a fundraising and deal count perspective, raising $44 million across 11 deals. This week's largest deal was a DeFi investment – Huma Finance raised $28 million in a Series A round to...