Weekly Fundraising Report: $296.07+ million in 34 deals
Fundraising Weekly
The Web3 space has raised 296.07+ million in funds in the week of 19 May to 25 May 2024.
In the week of 19 May to 25 May 2024, 34 blockchain startups secured over $296.07M in funding.
This represents an increase of 84.47% from the previous week, underscoring the market's enthusiasm for innovative projects that continue to attract investment.
This week's spotlight shines intensely on the Optimism ecosystem and Social sector. Notably, the Optimism attracted a total of $159M across 2 deals. Specifically, the Optimism ecosystems, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.