Web3 Funding Report
May 2026
23
Rounds
$595M
Total Raised
$26M
Avg Deal
9
Sectors
Top Deals
#1Elliptic
Series DSecurity
#2Gemini
StrategicExchange
#3Fun
Series APayments
#4Fasset
Series BPayments
#5Variational
Series ADeFi
#6SignalPlus
StrategicExchange
#7Catena Labs
Series APayments
#8OpenTrade
StrategicDeFi
#9TownSquare
Series ADeFi
#10Nof1
SeedOther
By Sector
Payments5 rounds
$166M
Exchange2 rounds
$140M
Security2 rounds
$133M
DeFi4 rounds
$87M
Other2 rounds
$28M
Infrastructure3 rounds
$22M
Stablecoin3 rounds
$12M
Wallet1 rounds
$4M
DAO1 rounds
$3M
By Round Type
7
Strategic
5
Series A
5
Seed
2
Pre-Seed
2
Private Sale
1
Series D
1
Series B
All Rounds (23)
EllipticSeries D
$120MGeminiStrategic
$100MFunSeries A
$72MFassetSeries B
$51MVariationalSeries A
$50MSignalPlusStrategic
$40MCatena LabsSeries A
$30MOpenTradeStrategic
$17MTownSquareSeries A
$16MNof1Seed
$15MTurnkeyStrategic
$13MOnrampSeries A
$13MDigital Asset Clearing CenterStrategic
$10MCheckerSeed
$8MAEONPre-Seed
$8MCyclesPrivate Sale
$6MSquidStrategic
$6MUnblockPaySeed
$5MSorted WalletSeed
$4MIO TraderStrategic
$4MDAOKraftPrivate Sale
$3MBoundaryPre-Seed
$2MSaturn LabsSeed
$2M