Web3 Funding Report

April 2023

7
Rounds
$302M
Total Raised
$50M
Avg Deal
6
Sectors

Top Deals

#1LayerZero
Series BCross-chain
$120M
#2LayerZero
Series BInfrastructure
$120M
#3Sei
Series AL1/L2
$30M
#4Ondo Finance
Series ADeFi
$20M
#5Helika
SeedData
$8M
#6Pendle
TokenDeFi
$4M

By Sector

Cross-chain1 rounds
$120M
$120M
L1/L21 rounds
$30M
DeFi2 rounds
$24M
Data1 rounds
$8M
Stablecoin1 rounds
$0

By Round Type

2
Series B
2
Series A
1
Strategic
1
Seed
1
Token

All Rounds (7)

CircleStrategic
LayerZeroSeries B
$120M
LayerZeroSeries B
$120M
SeiSeries A
$30M
Ondo FinanceSeries A
$20M
HelikaSeed
$8M
PendleToken
$4M