Weekly Fundraising Report: $50.6M 19 deals

Fundraising Weekly

Overview

In the week of 30 May to 05 Jun 2021, 19 blockchain startups secured over $50.6 million in funding.

This represents a decrease of 77.67% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$50.6M
Total Deals
19

Ecosystem and Sector Focus

This week's spotlight shines intensely on the BNB Chain ecosystem and DeFi sector. Notably, the DeFi attracted a total of $22.4 million across 5 deals. Specifically, the DeFi sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

CypherHunter Plus

Access hyper-relevant news and analysis for the crypto markets.
  • Distraction-free reading. No ads.
  • Unprecedented access to our data.
  • Organize your knowledge with lists and highlights.
  • Exclusive news and analysis across crypto fundraising.
Get Plus
Already a subscriber? Log in