Funding in Blockchain, DeFi, and GameFi Drops 42.90%: Top Investors and Categories

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Sep 1, 2024 — 1 min read

Last week saw a total of $185.22M raised across 19 rounds. This marks a -42.90% decrease in funds raised and a -9.52% decrease in the number of rounds compared to the previous week.

Most Active Investors

DCF God participated in 3 rounds, focusing on DeFi and GameFi.

Amber Group took part in 2 rounds, concentrating on Blockchain Service and DeFi.

Maelstrom invested in 2 rounds, targeting DeFi and GameFi.

Most Interesting Categories

Blockchain Service raised $120.25M in 8 rounds, down from $138.25M in 5 rounds last week.

GameFi secured $25.07M in 3 rounds, compared to $84.00M in 2 rounds the previous week.

DeFi garnered $20.00M in 4 rounds, a decrease from $46.50M in 3 rounds last week.

Biggest Rounds

Bridge, Blockchain Service with $58.00M raised from Sequoia Capital, Ribbit Capital, Haun Ventures, Index Ventures. Bridge is building a stablecoin-powered money movement platform, offering services such as payouts, cross-border payments, and exchanging foreign currencies.

Space and Time, Blockchain Service with $20.00M raised from OKX Ventures, Alumni Ventures Group, Circle Ventures, Digital Currency Group (DCG), M12, F-Prime Capital, Framework Ventures, Faction, Hivemind Capital Partners, Arrington XRP Capital. SxT scales zero-knowledge proofs on a decentralized data warehouse to deliver trustless data processing to smart contracts, LLMs, and enterprises.

Edge Matrix Chain, Blockchain Service with $20.00M raised from Cyberrock Venture, Raees Chowdhury, Candaq, Amber Group, P2 Ventures (Polygon Ventures). undefined

Solayer, DeFi with $12.00M raised from Maelstrom, Bitscale Capital, Binance Labs, Big Brain Holdings, ABCDE, Nomad Capital, Finality Capital Partners, Borderless Capital, Wormhole, Lvna Capital, Road Capital, Race Capital, Hack VC, Polychain Capital. Solayer leverages Solana's economic security and premium execution as decentralized cloud infrastructure for higher consensus and blockspace customization.

Gameplay Galaxy, GameFi with $11.17M raised from Merit Circle, Blockchain Capital. Gameplay Galaxy is building the first Web3 competitive games decentralized ecosystem.

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