Crypto Investment Surge: $444.80M Raised This Week with 41 Rounds in Thriving Blockchain Sectors
This week, the crypto investment landscape saw a total of $444.80M raised across 41 rounds. This marks an impressive increase of 83.25% in funds compared to the previous week, alongside a 17.14% rise in the number of rounds.
Most Active Investors:
DragonFly Capital led the charge with participation in 3 rounds, focusing on sectors like GameFi, Chain, and Blockchain Infrastructure.
Animoca Brands also made waves with 3 rounds, concentrating on Blockchain Infrastructure, DeFi, and Social categories.
Chorus One wrapped up the top three, engaging in 2 rounds with a focus on Chain and Blockchain Service.
Most Interesting Categories:
Chain emerged as the frontrunner with $266.00M raised over 4 rounds, a notable jump from $135.00M in a single round last week.
Blockchain Service followed closely with $82.84M from 14 rounds, up from $43.80M across 10 rounds last week.
CeFi secured $37.00M through 4 rounds, down slightly from $39.50M raised in 8 rounds the previous week.
Biggest Rounds:
Avalanche, Chain with $250.00M raised from Hivemind Ventures and others. Avalanche is a scalable ecosystem for DeFi apps and blockchain deployments, featuring three blockchains to enhance scalability and interoperability.
Klickl, Blockchain Service with $25.00M raised from Summer Ventures and others. Klickl is a Web 3.0 platform merging traditional and digital finance, offering crypto-friendly banking, payments, custody, and DeFi tools.
COSIMO, CeFi with $25.00M raised from Desmond Mac Intyre. COSIMO focuses on blockchain and Web3 innovations, investing in lifecycle blockchain development and solutions bridging Web2 and Web3.
BTC Digital, Blockchain Service with $20.00M raised from undisclosed investors. BTC Digital aims to create long-term value in the cryptocurrency industry through innovative technology solutions.
Exabits, Blockchain Infrastructure with $15.00M raised from Hack VC. Exabits offers a decentralized platform for AI tasks, enabling users to provide GPU services and data storage, enhancing accessibility in the AI ecosystem.
