Blockchain venture capital funding fell to a 12-month low in August cryptomarketbag Blockchain update

Data from Cointelegraph Research shows that in August 2022, the blockchain industry invested $1.36 billion in venture capital – a 12-month low and the fourth consecutive month-on-month decline in capital inflows. August’s inflows represented a 31.3% drop from July’s $1.98 billion, and the average capital investment in 101 deals closed in August was $14.3 million — a drop of 10.1% from July. The data was sourced from Cointelegraph Research Terminal’s venture capital database, which includes comprehensive information on deals, mergers and acquisitions activity, investors, crypto companies and funds.

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Data from Cointelegraph Research shows that in August 2022, the blockchain industry invested $1.36 billion in venture capital – a 12-month low and the fourth consecutive month-on-month decline in capital inflows. August’s inflows represented a 31.3% drop from July’s $1.98 billion, and the average capital investment in 101 deals closed in August was $14.3 million — a drop of 10.1% from July. The data was sourced from Cointelegraph Research Terminal’s venture capital database, which includes comprehensive information on deals, mergers and acquisitions activity, investors, crypto companies and funds.

For access to reports and databases, visit the Cointelegraph Research Terminal,

August 2022 saw the lowest capital inflows in 12 months. Source: Cointelegraph Research VC Database

August funding focuses on Web3, NFTs and infrastructure

The three most popular investment categories for August were Web3, infrastructure, and non-fungible tokens (NFTs), which pulled out $1.16 billion, or more than 85.4% of total capital. Some of the biggest deals include the following: Web3 game developer Limit Break raised $200 million. Barca Studios, the Web3 arm of FC Barcelona, ​​has raised $100 million from Chiliz, owner of blockchain-based fan rewards platform Socios. Ready Player Me, a platform that allows people to create Metaverse avatars, raised $56 million in a Series B funding round led by Andreessen Horowitz. Inworld AI, a developer platform for creating AI-powered virtual characters, raised $50 million in a Series A round led by Section32 and Intel Capital.

1663863746 460 Blockchain venture capital funding fell to a 12 month low in CryptomarketBag
Areas of investment interest in August 2022. Source: Cointelegraph Research VC Database

Coinfund is bullish regardless of market conditions

Venture capital firms are also raising funds. Web3 and crypto-focused venture capital firm CoinFund launched a new $300 million fund to support early-stage startups, force on It’s increasingly confident that Web3 will “continue to progress through all market cycles.” Orange DAO raised $80 million from Algorand Foundation and Near and is set to continue to grow as an investment-focused decentralized autonomous organization supporting crypto startups. Meanwhile, Shima Capital launched the first $200 million capital fund to support emerging digital asset companies.

For a full August analysis of the blockchain VC sector, check out Cointelegraph Research’s monthly “Investor Insights” report. The research team breaks down the top market-moving events of the past month and the most important data across various sectors of the industry, including venture capital.

Download and purchase this report on Cointelegraph Research Terminal.

This article pulls data from Extensive Venture Capital Database of Cointelegraph Research Terminals. This article is for informational purposes only. It does not represent investment advice, investment analysis, nor an invitation to buy or sell financial instruments. Notably, it does not serve as a substitute for personal investing or other advice.



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