May 2023 Fundraising Report: $931.9M Raised in 122 Deals
Fundraising Monthly
The Web3 space has raised $931.9 million in funds in May 2023.
In May 2023, 122 blockchain products secured over $931.9 million in funding rounds, marking a decline of approximately 24.83% MoM from Apr 2023. Compared to the same month last year, when 198 deals totaled $4.15 billion, there is a decline of about 77.55% YoY. Despite this decline, investor interest remains strong in the Bitcoin ecosystem and NFT sector, reflecting ongoing momentum within the blockchain investment landscape.
In May 2023, 122 blockchain products achieved over $931.9 million in funding across 122 investment rounds. The most significant deal was clinched by Tools for Humanity, which raised $115 million. Notably, 81 rounds were pre-Series A, involving 81 early-stage ventures gaining recognition.
Negocios de Financiación
Financiación Total
$931.9MTotal de Negocios
122