Compliance Takes Center Stage
Weekly Recap
Total funding has rebounded from last week’s abnormally low amount, increasing 251% from $44 million to $154 million. Infrastructure was the leading category, raising $99 million across 13 deals. This week’s largest deal fell into the Infrastructure bucket; 0G Labs, a former Deal of The Week, raised $40 million in a Seed round, bringing its total funding to $75 million. From a deal stage perspective, funding was concentrated in Seed rounds, totaling $64 million and comprising 41% of the total. Pre-seed rounds were the most popular, tallying six deals for a total of $14 million in funding. There were two Series B rounds completed this week, bringing the year-to-date count to 11. With the potential for clearer regulatory guidelines, it’ll be interesting to see if there is an uptick in later-stage funding rounds over the next few quarters.