Weekly Fundraising Report: $265.9M 37 deals

Fundraising Weekly

In the week of 09 Apr to 15 Apr 2023, 37 blockchain startups secured over $265.9 million in funding.

This represents a decrease of 9.54% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$265.9M
Total Deals
37

This week's spotlight shines intensely on the Solana ecosystem and Layer 1 sector. Notably, the Layer 1 attracted a total of $140 million across 3 deals. Specifically, the Layer 1 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