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VC Monthly Report:Financing Amount in Oct. was the Lowest in Past Two Years

Author: WuBlockchain Joey According to Messari, there were 71 publicized investments in crypto VCs in October, down 26% MoM (97 projects in September 2022) and down 46% YoY (131 projects in October 2021). The category is as follows: The crypto market saw a significant drop in funding across all fields in October, with the infrastructure field seeing the largest drop of approximately 45%. Total funding in October was $850 million, down 46% MoM ($1.57 billion in September 2022) and down 74% YoY ($3.21 billion in October 2021). October was the lowest in the last two years in terms of both number and amount of funding. The top 10 funding rounds (excluding CeFi) are as follows. Homa Games is a French game developer specializing in casual games that held a Game Jam in January in partnership with Sorare, a digital soccer NFT collection platform. The round was led by Quadrille Capital and Headline, with participation from Northzone, Fabric Ventures, Bpifrance, Eurazeo and Singular. With this f...