May 2020 Fundraising Report: $78.45M Raised in 12 Deals

Fundraising Monthly
The Web3 space has raised $78.45 million in funds in May 2020.

In May 2020, 12 blockchain products secured over $78.45 million in funding rounds, marking a decline of approximately 14.45% MoM from Apr 2020. Compared to the same month last year, when 9 deals totaled $34.36 million, there is a growth of about 128.32% YoY. Despite this decline, investor interest remains strong in the NEAR ecosystem and DeFi sector, reflecting ongoing momentum within the blockchain investment landscape.

In May 2020, 12 blockchain products achieved over $78.45 million in funding across 12 investment rounds. The most significant deal was clinched by LayerX, which raised $27.8 million. Notably, 6 rounds were pre-Series A, involving 6 early-stage ventures gaining recognition.

Negocios de Financiación

Financiación Total
$78.45M
Total de Negocios
12

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