VC Monthly Report, the amount of funding saw a slight recovery, while the number continued to reach new lows, with a significant increase in the proportion of DeFi
Author: WuBlockchain According to statistics from RootData, there were a total of 73 publicly announced investment projects in the cryptocurrency VC space in August, representing a 6% decrease compared to July 2023 (which had 78 projects) and a 45% decrease compared to August 2022 (which had 132 projects). Note: Since not all funding announcements are made in the same month, these statistics may increase in the future. The industry-level breakdown is as follows: In the cryptocurrency market for August, among various categories, the funding share for infrastructure projects accounted for approximately 19%, which represents a significant decrease of 32% compared to the previous month. DeFi’s share, on the other hand, was about 26%, marking a substantial increase of 12% compared to the previous month. Additionally, CeFi accounted for approximately 4%, and NFT/GameFi accounted for approximately 7%. The total funding amount in August was $660 million, marking a 20% increase compared t...