February Blockchain Funding Recap

Last month, nearly $1.2 billion in venture capital was allocated across 150 blockchain-related funding deals. In our previous funding summary, we underlined how it was conceivable that VC flow would improve despite January being the lowest month in funding for the sector since January 2021. Investment and renewed interest frequently follow run-ups in price and market capitalization. This precise scenario played out in February when funding in dollar terms grew approximately 85% month over month. 

By raw number of funding deals, after a three-month downtrend that occurred from September to December, deals have now increased for two consecutive months. From December into January, funding rounds grew nearly 47% from 86 to 126, and from January into this past month, deals grew an additional 19%.