Crypto Investment Weekly: $137.55M Raised, Blockchain Leads with $61.05M in Funding
Summary of the Week's Results
Last week, the crypto investment landscape saw a total of $137.55M raised across 20 rounds. This reflects a -5.50% decrease in funds raised and a significant -51.22% drop in the number of rounds compared to the previous week.
Most Active Investors
Amber Group led the pack, participating in 3 rounds, focusing primarily on Blockchain Infrastructure. Their commitment showcases a strong belief in the backbone of crypto tech.
Draper Dragon came in second with 2 rounds, investing in DeFi and Blockchain Infrastructure, demonstrating a diverse investment strategy.
SamsungNext also participated in 2 rounds, concentrating on Blockchain Infrastructure, highlighting their ongoing interest in foundational technologies.
Most Interesting Categories
Blockchain Service took the lead with $61.05M raised in 6 rounds, up from $41.30M in 19 rounds last week, indicating a growing interest in this category.
Chain followed closely with $40.00M raised in 4 rounds, an increase from $30.00M in 3 rounds the previous week, reflecting a stronger focus on chain technology.
DeFi saw $20.00M raised in 4 rounds, down from $25.00M in 5 rounds last week, suggesting a slight cooling in this sector.
Biggest Rounds
Blockaid, Blockchain Service, raised $50.00M from Variant, Cyberstarts, GV Google Ventures, and Ribbit Capital. They provide two innovative security solutions to enhance blockchain safety.
Cygnus Finance, Chain, secured $20.00M from OKX Ventures, Mirana Ventures, and others. This modular real yield layer bridges non-EVM systems with EVM ecosystems for enhanced liquidity security.
Kinto, Chain, raised $20.00M from Brevan Howard Digital. Kinto is an L2 solution that offers safe, transparent access to financial services while ensuring compliance and security at the blockchain level.
Altius, Blockchain Infrastructure, raised $11.00M from Archetype Ventures and others. Altius enhances blockchain performance, enabling Web2 parity in a multi-chain future.
Universal, DeFi, raised $9.00M from Data Tech Fund, Coinbase Ventures, and a16z. Universal aims to simplify cross-chain trading, allowing seamless asset transfers without centralized exchanges.
