Blockchain VC investments went down 43% in July, keeping Web3 as investors' top interest.
Overall capital funding plummeted 43% in July to $1.98 billion from June’s $3.5 billion. It’s easy to view these figures negatively, but when compared to 2021, the VC market looks to be in a much healthier state. Total capital inflows throughout 2021 were $30.5 billion for the blockchain space. July saw 2022s total inflows surpass that figure with $31.
For a full analysis of the blockchain VC sector in July, check out the recently launched monthly “Investor Insights” report from Cointelegraph Research. The research team breaks down the past month’s top market-moving events and the most critical data across the various sectors of the industry, including venture capital.July’s fundraising numbers strike a different tone from the steep decline in VC deals completed with five companies securing over $100 million in funding.