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Cryptocurrency funding experienced a significant increase in the first quarter of 2024, with startups raising $2.4 billion across 518 deals. This marks a 40.3% rise from the previous quarter. The median pre-seed and seed-stage pre-money valuation was $21.8 million. According to Pitchbook, crowdfundinsider, and Reuters, this surge in venture capital investment is a tentative sign that investor interest is returning after a prolonged decline. Notably, an AI startup had the largest raise in Q1 with $106 million, valuing it at $1.1 billion.
Per @Reuters - "Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning." Big money is coming, and it's coming fast. https://t.co/GDILgndTnN
$2.4B Poured Into Crypto Firms In Q1 2024 Funding was spread across 518 deals and rose by 40.3% from previous quarter Crypto VC flows peaked at $11.1B in the first quarter of 2022 An AI startup had the largest raise in Q1 with $106M and being valued at $1.1B Music is still on https://t.co/gbwGGl7uSY
Venture capital funding in crypto rises to $2.4 billion, Pitchbook says https://t.co/CTSUUwHmIm
