Weekly Recap

Funding activity bounced back from last week’s muted totals, with total funding rising 44% from $67 million to $96 million and deal count increasing 56% from 16 to 25. DeFi was the leading category from both a fundraising and deal count perspective, raising $44 million across 11 deals. This week's largest deal was a DeFi investment – Huma Finance raised $28 million in a Series A round to expand its PayFi network. Seed and Series A rounds were tied for the most funded deal stage, both totaling $28 million, although the number of Seed rounds outpaced Series A by seven deals....