Week 22 Fundraising Report: $380.71M Raised in 2024 - CypherHunter

Fundraising Weekly

Overview

In the week of 26 May to 01 Jun 2024, 42 blockchain products secured over $380.71 million in funding.

This represents an increase of 25.80% from the previous week, underscoring the market's enthusiasm for innovative projects that continue to attract investment.

Funding Deals

Total Funding

$380.71M

Total Deals

42

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Babylon ecosystem and Hosting Services sector. Notably, the Hosting Services attracted a total of $150 million across 1 deals. Specifically, the Hosting Services sector, 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