Week 32 Fundraising Report: $104.53M Raised in 2024 - CypherHunter

Fundraising Weekly

Overview

In the week of 04 Aug to 10 Aug 2024, 23 blockchain products secured over $104.53 million in funding.

This represents a decrease of 8.91% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding

$104.53M

Total Deals

23

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Solana ecosystem and AI sector. Notably, the AI attracted a total of $33.59 million across 8 deals. Specifically, the AI sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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