Aug 2023 Fundraising Report: $763.38M Raised in 79 Deals

Fundraising Monthly
The Web3 space has raised $763.38 million in funds in Aug 2023.

In Aug 2023, 79 blockchain products secured over $763.38 million in funding rounds, marking a growth of approximately 28.64% MoM from Jul 2023. Compared to the same month last year, when 151 deals totaled $2.18 billion, there is a decline of about 65.02% YoY. Despite this growth, investor interest remains strong in the Ethereum ecosystem and Enterprise Solutions sector, reflecting ongoing momentum within the blockchain investment landscape.

In Aug 2023, 79 blockchain products achieved over $763.38 million in funding across 79 investment rounds. The most significant deal was clinched by Ramp, which raised $300 million. Notably, 50 rounds were pre-Series A, involving 50 early-stage ventures gaining recognition.

Funding Deals

Total Funding
$763.38M
Total Deals
79

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