ChainCatcher news, DefiLlama data shows that venture capital funds invested over $659 million in cryptocurrency startups last month, a 3% increase compared to August. Most of the funds were directed towards blockchain infrastructure development, with approximately $457 million raised in September in this sector, accounting for 71.5% of the total financing in the entire crypto ecosystem during the same period, which is on par with August's performance. The blockchain gaming industry saw a significant month-over-month growth, with venture capital funds investing $63 million in blockchain games in September, nearly half of which went to Balance Games, which raised $30 million from companies such as Animoca, a16z, Aptos Labs, and DWF Labs.

ChainCatcher news, according to DL News citing PitchBook data, cryptocurrency startups raised a total of $2.7 billion in Q2, with 503 deals. Compared to the previous quarter, the funding amount increased by 2.5%, but the number of deals decreased by 12.5%.PitchBook stated that as investor sentiment improves, the number and pace of investments are expected to continue to grow throughout the year.

According to ChainCatcher, as per Crypto fundraising records, in the past two weeks, 37 startups and projects have raised $317.87 million.Among them, the modular blockchain project Avail completed a $43 million funding round led by Cyber Fund, Founders Fund, and Dragonfly this month, ranking first, followed by the decentralized stablecoin mining project M^0, which completed a $35 million Series A funding round led by Bain Capital Crypto.Other notable funding projects include XREX, Layer 3, Fhenix, Squads, and Goplus. Data from the first half of June indicates that the crypto market continues to attract significant venture capital, with projects across various sectors receiving support from well-known investors.

ChainCatcher news, according to Bloomberg, data from The Block Research shows that the average amount of Series A funding for cryptocurrency startups reached $26 million in the first quarter of 2024, the highest level since the end of the last cryptocurrency bull market in early 2022. From January to March, the total venture capital in the cryptocurrency industry increased to $2.5 billion.

ChainCatcher news, Galaxy Research data shows that after experiencing three consecutive quarters of decline, venture capital investment in cryptocurrency and blockchain startups has seen a significant increase. In the first quarter of 2024, venture capital firms injected $2.49 billion into 603 deals with crypto startups, a 29% increase in funding compared to the previous quarter, and a 68% increase in the number of deals compared to the previous quarter.Several factors influenced the investment dynamics this quarter, including the launch of Bitcoin spot ETFs, innovations in areas such as re-staking, modularity, and Bitcoin Layer 2 solutions, as well as macroeconomic factors like interest rates.

According to Chain Catcher, as reported by Techcrunch, the blockchain and Web3 accelerator Open Web Collective, spun off from NEAR, announced the establishment of OWC Ventures to invest in early-stage cryptocurrency startups. Jeff Lavoie, the investment director of OWC Ventures, stated that OWC Ventures has received support from DCG and NEAR, and plans to raise $20 million to invest in Pre-Seed to Series A funding rounds. Jeff Lavoie mentioned that OWC Ventures will invest in areas such as DeFi, SocialFi, and gaming. (Source link)