This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge.
The crypto fundraising landscape experienced a notable increase in volume in July. According to data from Messari, month-over-month deal volume rose 72.9% to $1.44 billion, despite a slight drop in deal count to 177. Among venture firms, Pantera Capital and Mirana Ventures were behind the largest early-stage investments.
However, the growth comes amid increasing caution among venture capitalists. Adam Cochran of Cinneamhain Ventures noted that limited partners (LPs), primarily interested in outperforming index fund returns, are finding a better risk-reward ratio on Bitcoin (BTC) and Ether (ETH) holdings than on early-stage startups.
LPs are also increasingly concerned about returns. A recent survey by law firm Barnes & Thornburg revealed that investors are now more focused on liquidity and better earnings, with many pushing for more favorable financing terms.