Weekly Fundraising Report: $9.3M 4 deals

Fundraising Weekly

Overview

In the week of 09 Aug to 15 Aug 2020, 4 blockchain startups secured over $9.3 million in funding.

This represents a decrease of 75.92% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$9.3M
Total Deals
4

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Ethereum ecosystem and Layer 1 sector. Notably, the Layer 1 attracted a total of $5 million across 1 deals. Specifically, the Layer 1 sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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