Venture capital funded over $1.1 billion across 180 investments last month, with the biggest being Optimism’s early-March private token sale.
Venture capital funding into crypto jumped by 52.5% month-on-month in March, with crypto projects getting $1.16 billion, mostly in infrastructure and decentralized finance projects.
RootData figures show 180 publicly-announced investments managed to sec investment in the last month — the highest monthly figure since April 2022.
One-fifth of deals saw fundraises of between $1 million to $3 million, while just over 15% raised between $5 million to $10 million. The majority of the funded projects were based in the United States, but they still only made up less than 10% of the total deal count.
