Week 21 Fundraising Report: $302.63M Raised in 2024 - CypherHunter

Fundraising Weekly

Overview

In the week of 19 May to 25 May 2024, 37 blockchain products secured over $302.63 million in funding.

This represents an increase of 85.21% from the previous week, underscoring the market's enthusiasm for innovative projects that continue to attract investment.

Funding Deals

Total Funding

$302.63M

Total Deals

37

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Base ecosystem and NFT sector. Notably, the Base attracted a total of $159 million across 2 deals. Specifically, the Base ecosystems, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

CypherHunter Plus

Access hyper-relevant news and analysis for the crypto markets.

Distraction-free reading. No ads.
Unprecedented access to our data.
Organize your knowledge with lists and highlights.
Exclusive news and analysis across crypto fundraising.

Already a subscriber? Log in