Weekly Fundraising Report: $3.5M 2 deals

Fundraising Weekly

Overview

In the week of 25 Oct to 31 Oct 2020, 2 blockchain startups secured over $3.5 million in funding.

This represents a decrease of 79.04% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$3.5M
Total Deals
2

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Babylon ecosystem and MEV sector. Notably, the MEV attracted a total of $2.5 million across 1 deals. Specifically, the MEV sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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