Weekly Fundraising Report: $121.9+ million in 39 deals

Fundraising Weekly
The Web3 space has raised 121.9+ million in funds in the week of 05 May to 11 May 2024.

Resumen

In the week of 05 May to 11 May 2024, 39 blockchain startups secured over $121.9M in funding.

This represents a decrease of -26.92% from the previous week, underscoring a cautious market sentiment that has led to reduced funding.

Ecosystem and Sector Focus

This week's spotlight shines intensely on the Ethereum ecosystem and ZKPs sector. Notably, the ZKPs attracted a total of $39.7M across 7 deals. Specifically, the ZKPs sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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