Fundraising August 2024: $787.64 million in 125 deals

Fundraising Monthly
The Web3 space has raised $787.64 million in funds in August 2024.

Overview

In August 2024, 125 blockchain startups secured over $787.64 million in funding rounds, marking a growth of approximately 25.45% MoM from July 2024. Compared to the same month last year, when 78 deals totaled $763.38 million, there is a growth of about 0.56% YoY. Despite this growth, investor interest remains strong in the Ethereum ecosystem and AI sector, reflecting ongoing momentum within the blockchain investment landscape.

Spotlighted Funding Deals

In August 2024, 125 blockchain startups achieved over $787.64 million in funding across 125 investment rounds. The most significant deal was clinched by Story Protocol, which raised $80 million. Notably, 68 rounds were pre-Series A, involving 68 early-stage ventures gaining recognition.

Funding Deals

Total Funding
$787.64M
Total Deals
125

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