WEB3 FUNDING (May)

Facebook
Twitter
LinkedIn

$339M+ was raised across 34 funding rounds in Web3.ย Finally, we are witnessing an uptick in funding after three weeks of capital inflow below $200M in the space. This week’s increase was largely driven by several public mining-related companies securing financing through debt or private placement transactions.

The winner wasย Auradine, which announced $81M in Series A financing led by venture capital firms Celesta Capital and Mayfield. Other investors in the round included Cota Capital, DCVC, and Stanford University. Auradine is focused on developing a wide range of infrastructure solutions encompassing both hardware and software.

The most is still being invested in infrastructure.
#VC#funding#blockchain

Author

Mark Kalin

Achiever, Competition, Futuristic, Maximizer, Significance

Search

Categories

Tags

Related Posts