Web3 Funding Report

March 2023

10
Rounds
$191M
Total Raised
$21M
Avg Deal
5
Sectors

Top Deals

#1Scroll
Series AL1/L2
$50M
#2Scroll
Series BLayer 2
$50M
#3Espresso Systems
Series BInfrastructure
$28M
#4Espresso Systems
Series BInfrastructure
$28M
#5Blockworks
Series AData
$12M
#6Aevo
SeedDeFi
$9M
#7Conduit
Series AInfrastructure
$7M
#8Socket
SeedInfrastructure
$5M
#9Bracket Labs
SeedDeFi
$2M

By Sector

$68M
L1/L22 rounds
$50M
Layer 21 rounds
$50M
Data1 rounds
$12M
DeFi2 rounds
$11M

By Round Type

3
Series A
3
Series B
3
Seed
1
Strategic

All Rounds (10)

ArbitrumStrategic
ScrollSeries A
$50M
ScrollSeries B
$50M
Espresso SystemsSeries B
$28M
Espresso SystemsSeries B
$28M
BlockworksSeries A
$12M
AevoSeed
$9M
ConduitSeries A
$7M
SocketSeed
$5M
Bracket LabsSeed
$2M