2024

EigenLayer

Coin

<ul class="news-points">
 <li>PitchBook reveals 2024 Q1’s substantial increase in crypto fundraising, with startups accumulating $2.4 billion.</li>
 <li>Ethereum’s EigenLayer has raised $100 million in a Series B funding round.</li>
 <li>Together AI secures the largest deal of the quarter, raising a $106.0 million early-stage round.</li>
</ul>
According to the latest insights from market data aggregator <a href="https://www.crowdfundinsider.com/2024/05/225212-crypto-fundraising-increased-considerably-in-q1-2024-as-startups-secured-2-4b-across-518-deals-report/" target="_blank" rel="noopener noreferrer nofollow">PitchBook</a>, the first quarter of 2024 has seen a substantial surge in crypto fundraising. The report unveiled that Ethereum’s restaking platform, <a href="https://coinedition.com/eigenlayers-15b-token-launch-sparks-division-for-excluding-us-china/" rel="noopener noreferrer nofollow">EigenLayer</a>, has led the charge, raising $100 million in Series B funding round.
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PitchBook revealed that the $2.4 billion fund accumulated by startups across 518 deals marks a 40.3% increase from the previous quarter. In addition, the platform pointed out that the figure represents “a 44.7% increase in deal volume compared with the last quarter.”
The report further spotted the significant achievement of Together AI, “developer of an open-source, decentralized cloud platform for large foundation models.” As per the report, Together AI secured the largest deal of the quarter, raising a $106.0 million early-stage round “led by Salesforce Ventures at a $1.1 billion p…
The post <a href="https://coinedition.com/crypto-startups-raise-2-4b-in-2024-q1-eigenlayer-raises-100m/" rel="noopener noreferrer nofollow">2024 Q1 Sees Significant Surge in Crypto Fundraising; Startups Gain $2.4B</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

2024 Q1 Sees Significant Surge in Crypto Fundraising; Startups Gain $2.4B

Coin Edition

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