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In a week very similar to last, venture capital money was heavily focused on backing new funds as opposed to investing in projects. Projects raised a total of $600 million, with CeFi projects getting the biggest share of the pie at $197 million. Infrastructure and DeFi followed up at $122 million and $111 million, respectively. Web3 and Metaverse/Gaming both raised $73 million, and NFT projects came in last with just...
Venture Capital slowed down the money printer by 58% compared to last week, raising $462 million for this week. The number of projects funded (32) was still relatively elevated, but there weren’t any big-ticket deals that broke $100 million – there were four deals above $100 million last week. Similar to the week prior, Infrastructure startups led the raises with $165 million. Next in line was Web3 at $124 million....
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