Fundraising July 2024: $591.895 million in 123 deals

Fundraising Monthly
The Web3 space has raised $591.895 million in funds in July 2024.

In July 2024, 123 blockchain startups secured over $591.895 million in funding rounds, marking a growth of approximately 25.26% MoM from June 2024. Compared to the same month last year, when 86 deals totaled $593.413 million, there is a growth of about 3.11% YoY. Despite this growth, investor interest remains strong in the Base ecosystem and Development sector, reflecting ongoing momentum within the blockchain investment landscape.

In July 2024, 123 blockchain startups achieved over $591.895 million in funding across 123 investment rounds. The most significant deal was clinched by Sentient, which raised $85 million. Notably, 81 rounds were pre-Series A, involving 79 early-stage ventures gaining recognition.

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