Web3 Funding Report

January 2024

20
Rounds
$480M
Total Raised
$28M
Avg Deal
7
Sectors

Top Deals

#1Wormhole
StrategicInfrastructure
$225M
#2Phantom
Series CWallet
$150M
#3Ondo Finance
Series ADeFi
$20M
#4Altlayer
TokenInfrastructure
$14M
#5Biconomy
Series AInfrastructure
$12M
#6Botanix Labs
SeedBitcoin
$9M
#7ZKX
SeedDeFi
$8M
#8Initia
Series AL1/L2
$8M
#9Kamino Finance
SeedDeFi
$6M
#10Puffer Finance
SeedDeFi
$6M

By Sector

$256M
Wallet1 rounds
$150M
DeFi9 rounds
$46M
L1/L22 rounds
$13M
Bitcoin1 rounds
$9M
Data2 rounds
$4M
AI x Crypto1 rounds
$4M

By Round Type

9
Seed
5
Strategic
4
Series A
1
Series C
1
Token

All Rounds (20)

ALEX LabStrategic
JupiterStrategic
PendleStrategic
WormholeStrategic
$225M
PhantomSeries C
$150M
Ondo FinanceSeries A
$20M
AltlayerToken
$14M
BiconomySeries A
$12M
Botanix LabsSeed
$9M
ZKXSeed
$8M
InitiaSeries A
$8M
Kamino FinanceSeed
$6M
Puffer FinanceSeed
$6M
Mode NetworkSeed
$5M
SocketSeed
$5M
GrassSeed
$4M
GrassSeries A
$4M
RenzoSeed
$3M
RenzoSeed
$3M
CoingeckoStrategic
$0