Week 21 Fundraising Report: $273.08M Raised in 2023

Fundraising Weekly

Overview

In the week of 21 May to 27 May 2023, 32 blockchain products secured over $273.08 million in funding.

This represents a decrease of 5.12% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$273.08M
Total Deals
32

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Solana ecosystem and NFT sector. Notably, the NFT attracted a total of $24 million across 7 deals. Specifically, the NFT sector has demonstrated remarkable resilience and innovation, continuing to capture both investor interest and investment capital.

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