VC monthly report: funding amount ended a four-month decline in February
Author: WuBlockchain According to RootData statistics, in February, there were 120 public investment projects of crypto VC. The number increased 62% month-on-month (74 projects in January 2023) and decreased 23% year-over-year (155 projects in February 2022). Industry-level classification is as follows: In February, infrastructure projects accounted for about 28%, DeFi about 18%, and NFT/GameFi about 24%. Total financing in February was US $950 million, up 66.7% month-on -month (US $570 million in January 2023) and down 76.6% year on year (US $4.06 billion in February 2022), ending a four -month decline . More than $20 million of these rotations (excluding CeFi, miners and other centralised institutions) are as follows: Chain Reaction, a blockchain chip startup, was led by Morgan Creek Digital in the funding , which will be used to expand its engineering team. CEO Alon Webman said the company will begin mass production of its blockchain chip Electrum in the first quarter, and plans t...