In November 2023, the total venture funding received by crypto companies rose 179% versus October, from $430 million to $1.2 billion. This was reported by journalist Colin Wu in his blog, citing data from RootData.
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During the month, 93 deals were funded, up 22% from October (76 deals).
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Approximately 30% of the total funding went to infrastructure solutions, about 13% to DeFi, about 8% to CeFi, and about 7% to NFT/GameFi.
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In November, the average monthly investment amount rose by 76%.
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The top 10 rounds by amount are as follows:
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For other investments in the crypto market, read in the institutional investor’s digest from ForkLog.