Week 20 Fundraising Report: $20M Raised in 2020

Fundraising Weekly

Overview

In the week of 10 May to 16 May 2020, 2 blockchain products secured over $20 million in funding.

This represents a decrease of 7.41% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$20M
Total Deals
2

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Bitcoin ecosystem and DeFi sector. Notably, the DeFi attracted a total of $3 million across 1 deals. Specifically, the DeFi sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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