Crypto Investment Weekly Summary: $348M Raised, Blockchain Services Lead with Major Rounds
Weekly Investment Summary
Last week, the crypto investment landscape saw a total of $348.38M raised across 27 rounds. This marks a significant 204.21% increase in funds compared to the previous week, although the number of rounds decreased by 34.15%.
Most Active Investors
Paradigm led the charge with participation in 3 rounds, focusing primarily on Blockchain Infrastructure and Blockchain Service categories.
L2 Iterative Ventures (L2IV) followed closely with 2 rounds, also concentrating on Blockchain Infrastructure.
Robot Ventures matched L2IV with 2 rounds, maintaining a focus on Blockchain Infrastructure.
Most Interesting Categories
Blockchain Service topped the charts with $180.70M raised over 11 rounds, a substantial jump from $33.11M in 11 rounds last week.
Blockchain Infrastructure followed with $109.00M from 6 rounds, up from $30.41M in 14 rounds the previous week.
Social rounded out the top categories with $20.00M raised in 1 round, slightly down from $22.00M in 3 rounds last week.
Biggest Rounds
Bluwhale, Blockchain Service with $75.00M raised from NewTribe Capital, Vitality Ventures, and others. Bluwhale is a Web3 wallet analytics tool that uses AI for personalized insights based on wallet data.
Cipher Mining, Blockchain Service with $50.00M raised from SoftBank. Cipher Mining builds and operates data centers for bitcoin mining and high-performance computing, focusing on efficient power allocation.
D3, Blockchain Service with $25.00M raised from Sandeep Nailwal, Coinbase Ventures, and others. D3 enhances interoperability between web2 and web3, focusing on utility and security.
Irreducible, Blockchain Infrastructure with $24.00M raised from L2 Iterative Ventures, Paradigm, and others. Irreducible provides a scalable proving-as-a-service solution using FPGA technology, powered by eco-friendly energy.
