In August 2024, fundraising took a slight dip with volume dropping 4.1% MoM to $1.39 billion and deal count falling 4.2%. Despite this, early-stage deals surged by 17.3%, totaling $512 million. As the financial sector led fundraising and miners continued raising capital amidst rising energy costs, the broader market showed signs of cooling after a rapid spike earlier in the year. With potential rate cuts and the U.S. presidential election approaching, the rest of 2024 could provide clearer signals for market direction.
Advanced AI Digests with all of the features in Lite plus Key Developments for major protocol changes
