Week 18 Fundraising Report: $132.2M Raised in 2023

Fundraising Weekly

Overview

In the week of 30 Apr to 06 May 2023, 23 blockchain products secured over $132.2 million in funding.

This represents a decrease of 22.12% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$132.2M
Total Deals
23

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Linea ecosystem and Institutional sector. Notably, the Institutional attracted a total of $20.5 million across 2 deals. Specifically, the Institutional sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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