May 2025 Fundraising Report: $938.36M Raised in 103 Deals

Fundraising Monthly
The Web3 space has raised $938.36 million in funds in May 2025.

In May 2025, 103 blockchain products secured over $938.36 million in funding rounds, marking a decline of approximately 65.93% MoM from Apr 2025. Compared to the same month last year, when 177 deals totaled $1.11 billion, there is a decline of about 15.78% YoY. Despite this decline, investor interest remains strong in the Bitcoin ecosystem and Identity sector, reflecting ongoing momentum within the blockchain investment landscape.

In May 2025, 103 blockchain products achieved over $938.36 million in funding across 103 investment rounds. The most significant deal was clinched by dao5, which raised $222 million. Notably, 48 rounds were pre-Series A, involving 48 early-stage ventures gaining recognition.

Funding Deals

Total Funding
$938.36M
Total Deals
103

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