Crypto Funding on Summer Vacation

Aug 4, 2023 • 4 Min Read

Weekly Recap

Crypto funding seems to be on vacation as total funding fell on a weekly basis to $36 million compared to $157 million last week. Deal count followed suit, falling to a measly 7 deals, bringing total funding and deal count to their lowest weekly levels since the first week of 2023. Of the five deals with disclosed funding amounts, all fell within the $0-10 million range. Infrastructure was the only notable category, comprising 81% of total funding and 71% of deal count.   

There was one crypto fund that announced a raise this week. Born Ready, a recently launched ...

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