Investment in venture capital-backed crypto startups dipped 25.6% to $9.3 billion in the first half of 2022 compared to $12.5 billion in the first half of 2021, Crunchbase data published on July 15 shows. The Crunchbase report further stated that crypto startup funding reached $4.2 billion in Q2 2022, nearly the same as the little less than $4.2 billion raised in Q2 2021. However, the Q2 2022 funding was nearly a billion less than the $5.1 billion raised in Q1 2022 and way behind the $6.1 billion raised in Q4 2021, the report stated.One of the reasons why Q1 2022 saw more funding is because there were more large funding rounds, the report said.
VC crypto funding down 256 to 93B in first half of 2022
