๐•๐ž๐ง๐ญ๐ฎ๐ซ๐ž ๐…๐ฎ๐ง๐๐ข๐ง๐  ๐ข๐ง ๐–๐ž๐›๐Ÿ‘ ๐’๐ญ๐š๐ซ๐ญ๐ฎ๐ฉ๐ฌ

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Recap:

โžก In the first half of the year (H1), Web3 startups raised $3.6B. Thatโ€™s down 78% from the $16B raised in H1 last year. Ouch.

โžก Only 322 deals were closed in Q2 this year. Thatโ€™s the lowest number of deals closed in a quarter since Q4 2020.

โžก There were 3 companies that raised $100M+ in Q2 this year. In Q2 2022, there were 15 companies raised $100M.

In general, #Web3 fundingย has decreased for the last 7 quarters.

#blockchain #tech #innovation

Author

Mark Kalin

Achiever, Competition, Futuristic, Maximizer, Significance

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