Weekly Fundraising Report: $345.48M 33 deals

Fundraising Weekly

In the week of 16 Oct to 22 Oct 2022, 33 blockchain startups secured over $345.48 million in funding.

This represents a decrease of 53.23% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$345.48M
Total Deals
33

This week's spotlight shines intensely on the Arbitrum ecosystem and AI sector. Notably, the AI attracted a total of $131.5 million across 3 deals. Specifically, the AI sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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