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To finish the first week of March, let’s look back the venture capital activity in February, okay?
Perhaps we can summarize to a shorter month, but the overall funding of venture capital in February has dropped slightly compared to January, although the number of companies that increase is marginally.
Last month, $ 1.11 billion was collected by 137 companies, although we saw $ 1.57 billion go to 132 companies to launch the year of leave, by link on the terminal.
Defi paved the way last month, with 20 companies collecting around $ 175 million. This is perhaps a sign of a trend in where the money goes, because Defi also led transactions in January, 21 companies collecting $ 339 million.
But it is not only DEFI receiving attention. There have been notable increases from a few other companies, including Bitwise, which has raised $ 70 million thanks to an increase in shares in a tour by Electric Capital.
And Rise, the gift card company that seeks to use its $ 63 million turn to strengthen its gift card offers based on the blockchain. I do not choose the favorites with regard to VC towers, but it certainly attracted my attention during its announcement at the end of last month.
When you compare the increases (not just the gift card company) to January, the rounds are smaller. Phantom and Movement Labs both had cycles of $ 150 million and 100 million dollars, respectively.
When you look at the sizes so far this year, there is a significant drop.
I am still prudent to read too much, given the overall bullish environment and the fact that I had a lot of conversations with VCs in which they say they are quite active, but this is the trend that we are currently examining.
As you can see, the larger number of transactions seems to have reached a summit in December of last year, although we still see offers greater than $ 50 million – take an increase and bit, for example.
The average size of the agreement, if we are looking for this week, is $ 9 million. On the last day of February, it was slightly higher at $ 10 million.
We are only two months in the year, so I am prudent to call one of these data oriente However, and we are still far from the summit of Crypto VC activity, which exceeded $ 23 billion in 2022.
But consider my stung interest, especially because Robert Le De Pitchbook told us last year that he expected more than one bull market in 2025.
Bring it.
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