Funding Finds a Pulse
Sep 8, 2023
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Weekly Recap
After two weeks of lackluster funding activity, there was a considerable rebound in both total fundraising and deal count. Total funding rose to $129 million, over 8x last week’s total, while deal count more than doubled. In addition to funding activity increasing, the average deal size increased to $8 million compared to $3 million last week. Four deals were in the $10-$25 million bucket, the highest count in recent months.
Infrastructure was the highest funded category ($62m), followed by Web3 & NFTs with $37 million. Over the last month, there has been a trend of d...