Fundraising May 2018: $72.7 million in 8 deals

Fundraising Monthly
The Web3 space has raised $72.7 million in funds in May 2018.

In May 2018, 8 blockchain startups secured over $72.7 million in funding rounds, marking a decline of approximately 21.23% MoM from April 2018. Compared to the same month last year, when 1 deals totaled $502.0000 million, there is a decline of about 85.52% YoY. Despite this decline, investor interest remains strong in the Arbitrum ecosystem and Lending sector, reflecting ongoing momentum within the blockchain investment landscape.

In May 2018, 8 blockchain startups achieved over $72.7 million in funding across 8 investment rounds. The most significant deal was clinched by Figure, which raised $50 million. Notably, 6 rounds were pre-Series A, involving 6 early-stage ventures gaining recognition.

Funding Deals

Total Funding
$72.7M
Total Deals
8

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