Weekly Fundraising Report: $98.98M 25 deals

Fundraising Weekly

In the week of 20 Oct to 26 Oct 2024, 25 blockchain startups secured over $98.98 million in funding.

This represents a decrease of 89.33% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Funding Deals

Total Funding
$98.98M
Total Deals
25

This week's spotlight shines intensely on the Polygon ecosystem and DeFi sector. Notably, the DeFi attracted a total of $29.4 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.

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