Blockchain venture capital funding fell to a 12-month low in August
2022.09.22 14:15
Blockchain venture capital funding fell to a 12-month low in August
Data from Cointelegraph Research reveals that in August 2022, the blockchain industry saw $1.36 billion of venture capital invested in the blockchain industry — a 12-month low and the fourth consecutive month-on-month decline in capital inflows. August’s inflows represent a 31.3% drop from July’s $1.98 billion, and the 101 deals closed in August had an average capital investment of $14.3 million — a 10.1% decline from July. The data was drawn from the Cointelegraph Research Terminal’s Venture Capital Database, which contains comprehensive information on deals, mergers and acquisition activity, investors, crypto companies, and funds.
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August 2022 saw the lowest capital inflows in 12 months. Source: Cointelegraph Research VC DatabaseSectors of investment interest in August 2022. Source: Cointelegraph Research VC Database
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