Web3 Funding Report
February 2024
14
Rounds
$298M
Total Raised
$27M
Avg Deal
4
Sectors
Top Deals
#1EigenLayer
Series BInfrastructure
#2EigenLayer
Series BInfrastructure
#3Privy
Series BInfrastructure
#4Hyperlane
Series ACross-chain
#5Delv (formerly Element Finance)
Series ADeFi
#6Turnkey
Series AInfrastructure
#7Ethena
Series ADeFi
#8Tapioca DAO
SeedDeFi
#9Ether.fi
SeedDeFi
#10Marginfi
SeedDeFi
By Sector
By Round Type
4
Series A
3
Strategic
3
Series B
3
Seed
1
Token
All Rounds (14)
StacksStrategic
Neon EVMStrategic
Merlin ChainStrategic
EigenLayerSeries B
$100MEigenLayerSeries B
$100MPrivySeries B
$22MHyperlaneSeries A
$18MDelv (formerly Element Finance)Series A
$15MTurnkeySeries A
$15MEthenaSeries A
$14MTapioca DAOSeed
$6MEther.fiSeed
$5MMarginfiSeed
$3MNeon EVMToken
$0