Crypto projects announced raising $129 million last week, down from $201.4 million the week prior, led by the eight-figure rounds for flashbotsmev and hi_com_official. By BrandyBetz.
Infrastructure projects again dominated the week with six projects, while Web3 was the only other category represented. The week was also dominated by early-stage deals in the seed or pre-Series A stages, a common theme during the extended crypto winter. Later stage rounds involve more risk and due diligence, and the size of those rounds has gotten smaller amid the bear market.
The data in the table below only includes funding rounds where an amount was specified, which excluded a fundraise by The information was current as of 5pm ET on Friday, July 28. Any deal announced after that time will go into next week’s roundup.
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