Fundraising October 2024: $1.14 billion in 114 deals

Fundraising Monthly
The Web3 space has raised $1.14 billion in funds in October 2024.

In October 2024, 114 blockchain products secured over $1.14 billion in funding rounds, marking a growth of approximately 131.38% MoM from September 2024. Compared to the same month last year, when 91 deals totaled $416.6350 million, there is a growth of about 235.82% YoY. Despite this growth, investor interest remains strong in the Bitcoin ecosystem and Community sector, reflecting ongoing momentum within the blockchain investment landscape.

In October 2024, 114 blockchain products achieved over $1.14 billion in funding across 114 investment rounds. The most significant deal was clinched by Praxis, which raised $525 million. Notably, 70 rounds were pre-Series A, involving 70 early-stage ventures gaining recognition.

Funding Deals

Total Funding
$1.36B
Total Deals
114

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