Fundraising May 2020: $77.9 million in 11 deals

Fundraising Monthly
The Web3 space has raised $77.9 million in funds in May 2020.

In May 2020, 11 blockchain startups secured over $77.9 million in funding rounds, marking a decline of approximately 21.23% MoM from April 2020. Compared to the same month last year, when 9 deals totaled $34.3600 million, there is a growth of about 126.72% YoY. Despite this decline, investor interest remains strong in the Ethereum ecosystem and Coinbase sector, reflecting ongoing momentum within the blockchain investment landscape.

In May 2020, 11 blockchain startups achieved over $77.9 million in funding across 11 investment rounds. The most significant deal was clinched by LayerX, which raised $27.8 million. Notably, 5 rounds were pre-Series A, involving 5 early-stage ventures gaining recognition.

Negocios de Financiación

Financiación Total
$77.9M
Total de Negocios
11

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