total financing amount

RootData: The total financing amount of the Web3 industry in 2024 reached 10.112 billion USD, with Animoca Brands becoming the most active investor with 95 investments

ChainCatcher news, according to statistics from the Web3 asset data platform RootData, the total financing amount in the cryptocurrency market reached $10.112 billion in 2024, an increase of 8.3% compared to $9.337 billion in 2023. A total of 1,548 financing events occurred throughout the year, with 102 merger and acquisition events, a 34.2% increase from 76 in 2023, setting a historical high. The average financing amount was $9.1352 million, with a median financing amount of $4.1 million. In terms of financing scale, the most projects were in the $1-3 million range, totaling 408, followed by 244 in the $5-10 million range and 219 in the $3-5 million range; in terms of financing rounds, seed rounds dominated with 426 occurrences.From the perspective of sector distribution, the infrastructure sector was the most favored by capital, with a total financing amount of $3.995 billion in 2024, an 18.2% increase from $3.379 billion in 2023; the DeFi sector ranked second with $1.493 billion, nearly doubling from $759 million in 2023; the gaming sector's financing amount increased from $669 million in 2023 to $813 million. Notably, the CeFi sector's financing amount decreased from $990 million in 2023 to $679 million in 2024. The largest financing event of the year was Stripe's acquisition of the stablecoin platform Bridge for $1.1 billion, followed by Bitcoin mining company Iris Energy's $413 million financing, and Avalanche's $250 million OTC financing.In terms of the activity of investment institutions, Animoca Brands topped the list with 95 investments, followed by OKX Ventures with 72 and MH Ventures with 56. In terms of leading investments, Polychain was the most active, completing 30 lead investments throughout the year, with Hack VC in second place with 24, and both Lemniscap and Animoca Brands completing 17 lead investments, ranking third.

RootData: The total number of financing events in Q3 2024 reached 321, with a total financing amount of 2.406 billion USD

ChainCatcher message, based on the data from the Web3 asset data platform RootData's Q3 2024 Web3 industry investment research report, the key points are as follows:In Q3 2024, the total number of financing events reached 321, a decrease of 25.69% compared to the previous quarter, with a total financing amount of $2.406 billion, down 15.04% quarter-on-quarter;The top three sectors by financing amount in Q3 are infrastructure, others, and DeFi. The infrastructure sector had a total financing amount of $745 million, accounting for 30.9% of the total financing;The project with the highest financing amount in Q3 2024 is the Bitcoin mining company Iris Energy, which raised $413 million. It is followed by the Bitcoin mining company Stronghold, which secured $175 million through acquisitions. The third is the modular blockchain network Celestia, which completed $100 million in OTC financing at a valuation of $3.5 billion;In terms of financing amount ranges, there were 137 early-stage investment projects (under $5M) in Q3, a decrease of 14.4%; 55 mid-stage investment projects ($5M-$10M), down 30.4%. There were 43 large-scale investment projects (over $10M), a decrease of 35.8%;In Q3 2024, 12 investment institutions that made more than 10 investments participated in a total of 160 investments. Robot Ventures topped the list with 22 investments, with its investment projects tagged as infrastructure and DeFi. Following closely are Binance Labs and OKX Ventures, each participating in 16 investments. These two leading exchanges were relatively active in GamFi-related projects, participating 5 and 6 times, respectively;Unlike market skepticism towards the Ethereum ecosystem, it remains the most recognized infra by investors and developers, with a total of 67 financing events in Q3, amounting to $481 million. With the onset of the interest rate cut cycle, lower capital usage costs may drive on-chain prosperity, aiding the recovery and innovation of the DeFi sector, while Ethereum's leadership position in this sector will continue to benefit it.
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