Overview of Q3′ 21 private funding of crypto companies
Quick Take
- During Q3, the industry received nearly $8 billion in private investment across 423 total deals
- In aggregate, venture capital firms have injected roughly $17.8 billion into crypto firms from the beginning of the year through the end of Q3, which equates to more capital than the previous six years combined
- A significant trend in Q3 was that the valuations of mid-sized companies conducting a Series B round in the crypto sector increased substantially
- The NFTs/Gaming vertical surpassed DeFi during Q3 to be the most popular deal type amongst investors
- Twelve of the fifteenth largest deals to ever happen in the industry, or 80%, have occurred this year.
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Author: John Dantoni
