Weekly Recap

Weekly funding rose by 37% from $132 million to $180 million, while the total deal count decreased slightly from 23 deals to 21. Funding was relatively evenly dispersed across categories, with four out of five categories raising more than $30 million, except Web3, which saw $8 million in funding. DeFi was the leading category in total funding and deal count, raising $56 million across nine deals.

Series A was the deal stage garnering the most funding, raising $55 million across two deals, including the Deal of the Week, Azra Games. Yellow Card, an African-based payments com...