Financing Weekly | 27 projects raised $160.7 million
This week, 27 blockchain startups raised $160.7 million in funding. Blockaid closed a $50 million Series B round, the largest round of the week.

This week, 27 blockchain startups raised $160.7 million in funding. Blockaid closed a $50 million Series B round, the largest round of the week.
Fourteen blockchain startups raised a total of $130.6 million in funding this week. Biggest funding round of the week: Beam raised $72 million in a public funding round.
This week, 29 blockchain startups raised a total of $752.2 million in funding. Bitcoin mining and hosting company Riot received $594.4 million in funding.
The largest round of funding this week was raised by Ithaca, which raised $20 million from Paradigm. Yala raised $8 million in a seed round. Eight projects, including ZAP, received other rounds of funding.
Thirty-two blockchain startups raised a total of $202.3 million in funding this week.
The Decentralized Physical Infrastructure Network (DePIN) promises to usher in a new era of productivity, but this era will be driven not by centralized forces but by decentralized forces.
This week, 34 blockchain startups raised $109.3 million in funding. The largest round was raised by Nexus, which raised $25 million. Ten projects received seed and pre-seed funding, and 22 projects received other rounds of funding.
Who is the spine and nerves of the distributed system? How do we build the spine and nerves? In this article, we will start with the small lessons learned from the development of the Internet of Things, build a Depin development strategy, and help builders better land.
If improving resource utilization through decentralization is not prominent in the practice of most projects, then what is the real significance and comparative advantage of the DePIN project?
Messari Crypto and Escape Velocity released the "State of DePIN 2023" research report, which provides a detailed and comprehensive explanation of the current status of the DePIN track, applications, supply and demand, technological changes, and development differences between regions.