Venture capital investments in crypto startups saw a significant increase in July, with a total of $1.02 billion raised across 111 deals. This marks a 37.8% month-over-month increase in total fundraising and a 12% rise in the number of deals. Notable projects receiving funding include the open-source AI platform Sentient. Additionally, $527 million was specifically injected into crypto startups during the month.
UPDATE: JULY SAW $1.02B RAISED (+37.8% MOM) BY CRYPTO PROJECTS ACROSS 111 VC DEALS (+12% MOM) ~ WU BLOCKCHAIN
VC Monthly Report in July: There were 111 publicly disclosed Crypto VC investment projects in July, an increase of 12% MOM. The total fundraising amount in July was $1.02 billion, an increase of 37.8% MOM. Some of the larger projects include Open-source AI platform Sentient,… https://t.co/kEkjaYQUvp
Great data. $568m + $500m investment to get twerking monkeys. Nice work https://t.co/3zsBvBOchj https://t.co/LsfniapdR6