"Funding Surge: $64.20M Raised in 13 Rounds, Electric Capital Leads in Social & Blockchain"

Last week saw a total of $64.20M raised across 13 rounds. This represents a 12.43% increase in funds raised and an 85.71% increase in the number of rounds compared to the previous week.

Most Active Investors:

Electric Capital, participated in 2 rounds, making it the most active investor in this space. Their focus last week was on categories: Social, Blockchain Infrastructure.

Big Brain Holdings, with 2 rounds, their focus was on categories: GameFi, DeFi.

Kangaroo Capital, who invested in 2 different rounds, focusing on categories: Social, DeFi.

Most Interesting Categories:

Social, with $23.40M raised in 3 rounds. Against $25.00M raised in 1 round last week.

Blockchain Infrastructure, with $16.70M raised in 2 rounds. Against $17.10M raised in 3 rounds last week.

GameFi, with $11.90M raised in 3 rounds. Against $12.00M raised in 2 rounds last week.

Biggest Rounds:

Layer3, Social with $15.00M raised from Immutable, King River Capital, Amber Group, Tioga Capital Partners, Leadblock Partners, Electric Capital, Lattice, ParaFi Capital, Greenfield Capital. Layer3 is the omnichain distribution and identity network, revolutionizing value distribution and user identity across multiple blockchains.

Nuffle Labs, Blockchain Infrastructure with $13.00M raised from Sandeep Nailwal, Fabric Ventures, Mert Mumtaz, Dovey Wan, BlackDragon, Robot Ventures, Sreeram Kannan, Sam Kazemian, Jordi Alexander, Canonical Crypto, DeFi Dad, Lyrik Ventures, AlphaLab Capital, Near Foundation, Electric Capital. Nuffle Labs builds NEAR's Data Availability Layer and Fast Finality Layer.

StarNest, Social with $6.00M raised from Doo Group, Chuangqi International Limited. StarNest is a Web3 music platform aiming to build a decentralized entertainment ecosystem where users earn by holding and operating land NFTs.

Pixelverse, GameFi with $5.50M raised from Joonmo Kwon, Delphi Ventures, Bitscale Capital, Foresight Ventures, Big Brain Holdings, Delphi Digital, LiquidX, Sebastien Borget, Merit Circle, GHAF Capital Partners. Pixelverse is a quest-based battler set in a cyberpunk pixelated universe.

Kima, DeFi with $5.00M raised from Big Brain Holdings, Maven Capital, Castrum Capital, Kangaroo Capital, Outlier Ventures, Blockchange Ventures, FinSec Innovation Lab. Kima disrupts traditional interoperability solutions, facilitating Web3 and crypto adoption by eliminating adaptation curves with its decentralized omnichain technology.