Web3 Funding Report

April 2021

8
Rounds
$1.3B
Total Raised
$188M
Avg Deal
4
Sectors

Top Deals

#1Polychain Capital Fund IV
StrategicInfrastructure
$750M
#2Paxos
Series DStablecoin
$300M
#3Consensys
Series CInfrastructure
$200M
#4Celo
StrategicL1/L2
$20M
#5Harmony
StrategicL1/L2
$20M
#6Harmony
StrategicL1/L2
$20M
#7Ribbon Finance
SeedDeFi
$9M

By Sector

$950M
Stablecoin1 rounds
$300M
L1/L23 rounds
$60M
DeFi1 rounds
$9M

By Round Type

5
Strategic
1
Series D
1
Series C
1
Seed

All Rounds (8)

Filecoin (Protocol Labs)Strategic
Polychain Capital Fund IVStrategic
$750M
PaxosSeries D
$300M
ConsensysSeries C
$200M
CeloStrategic
$20M
HarmonyStrategic
$20M
HarmonyStrategic
$20M
Ribbon FinanceSeed
$9M