dePIN Goes Solar

Nov 1, 2024 • 4 Min Read

Weekly Recap

Weekly funding increased 65% from $103 million to $170 million despite the deal count falling 15% from 26 to 22. Eight companies raised $10 million or more this week, in contrast to just 10 companies combined in the last two weeks. The bulk of funding was concentrated in the Infrastructure category, with projects raising $112 million across 12 deals. DeFi was the second most funded category, with $48 million across five deals. Among the four Gaming deals, Gunzilla Games, the creator of Off the Grid, notably raised an undisclosed amount from VanEck, representing the asset manag...

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