Fundraising March 2021: $1.59 billion in 64 deals

Fundraising Monthly
The Web3 space has raised $1.59 billion in funds in March 2021.

In March 2021, 64 blockchain startups secured over $1.59 billion in funding rounds, marking a decline of approximately 21.23% MoM from February 2021. Compared to the same month last year, when 9 deals totaled $181.1600 million, there is a growth of about 853.17% YoY. Despite this decline, investor interest remains strong in the Flow ecosystem and Custody sector, reflecting ongoing momentum within the blockchain investment landscape.

In March 2021, 64 blockchain startups achieved over $1.59 billion in funding across 64 investment rounds. The most significant deal was clinched by BlockFi, which raised $350 million. Notably, 45 rounds were pre-Series A, involving 44 early-stage ventures gaining recognition.

Funding Deals

Total Funding
$1.73B
Total Deals
64

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