VC Monthly Report: The number and amount of financing in April both decreased MoM
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Crypto VC Investments in April 2024:
- A total of 161 publicly announced investment projects in the crypto VC field in April.
- This marks a decrease of 13.4% from March 2024 and an increase of 29.8% year-on-year from April 2023.
- Sector Breakdown:
- CeFi accounted for approximately 3%, DeFi for 22%, NFT/GameFi for 19%, L1/L2 for 12%, RWA/DePIN for 11%, Tool/Wallet for 9%, and AI for 8%.
- Total Financing Amount:
- The total financing amount in April was $1.02 billion, with a decrease of 6.4% from March 2024.
- Top Investment Rounds:
- Top rounds included Monad Labs at $225 million, Berachain at $100 million, and Auradine at $80 million.
- Other Notable Investments:
- Movement Labs raised $38 million, Blockchain XION completed a $25 million round, and Thesis launched Mezo after a $21 million financing round.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
