Oct 2023 Fundraising Report: $423.63M Raised in 92 Deals
Fundraising Monthly
The Web3 space has raised $423.63 million in funds in Oct 2023.
In Oct 2023, 92 blockchain products secured over $423.63 million in funding rounds, marking a decline of approximately 18.06% MoM from Sep 2023. Compared to the same month last year, when 139 deals totaled $1.53 billion, there is a decline of about 72.25% YoY. Despite this decline, investor interest remains strong in the Ethereum ecosystem and NFT sector, reflecting ongoing momentum within the blockchain investment landscape.
In Oct 2023, 92 blockchain products achieved over $423.63 million in funding across 92 investment rounds. The most significant deal was clinched by Blockaid, which raised $33 million. Notably, 53 rounds were pre-Series A, involving 53 early-stage ventures gaining recognition.
Funding Deals
Total Funding
$423.63MTotal Deals
92