July Blockchain Funding Recap

Quick Take

• Last month slightly more than $2 billion was allocated across 192 funding deals. Venture funding in dollar amounts for the sector has declined for four consecutive months
• The frequency of Seed and Early Stage fundraising has remained relatively constant, meanwhile, funding for Mid to Later stage companies was nearly nonexistent
• DeFi and Web3 were the only two sub-categories to have monthly increases in their number of deals  and funding in dollar terms