Aug 12, 05:51 AM

Crypto Startups Secure $2.7B in Q2, Up 2.5% Despite Fewer Deals

In the second quarter of 2024, crypto startups secured $2.7 billion in venture capital funding, marking a 2.5% increase from the previous quarter. This growth occurred despite a 12.5% decline in the number of deals, indicating larger average deal sizes. The funding surge was driven by significant investments in infrastructure, totaling $685 million. PitchBook projects that crypto venture funding could reach between $12 billion and $14 billion for the year, a substantial increase compared to 2023.

#PitchBook

Written with ChatGPT (GPT-4o).

Sources

CoinDesk@CoinDesk
1 year ago
PitchBook reports $2.7 billion in crypto venture funding, up from Q1, but with less deal flow. It expects $12-14 billion for the year, up significantly on 2023’s numbers. https://t.co/FZiAbLUwrg
CoinDesk@CoinDesk
1 year ago
PitchBook reports $2.7B in crypto venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers. Report @btschiller https://t.co/1bHoooejy9
BecauseBitcoin.com@BecauseBitcoin
1 year ago
[PITCHBOOK REPORT] Crypto Startup Funding Surges to $2.7B in Q2, Driven by $685M in Infrastructure Investments Despite Fewer Deals

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Crypto Startups Secure $2.7B in Q2, Up 2.5% Despite Fewer Deals

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