July 2024 Crypto Fundraising Report

Key Insights

• Fundraising volume increased 72.9% MoM to $1.44 billion despite a 8.3% MoM decrease in deal count to 177.
• The most notable deals included Sentient ($85 million), ID Planet ($80 million), Partior ($60 million), Ceti ($60 million), and NPC Labs ($18 million).
• Pantera Capital and Mirana Ventures played a key role in funding, each leading two of the five largest early-stage deals.
• The Infrastructure Sector saw the most fundraising volume at $760 million, accounting for 52.7% of total fundraising volume.

In July, deal volume increased by 72.9% MoM to $1.44 billion, while the deal count decreased by 8.3% MoM to 177. Three post-IPO projects, all within the Mining Operations and Support sub-sector, significantly contributed to the increase in deal volume.