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Blockchain VC Funding Surpasses 2021 Total Despite Declining Since May

Blockchain venture capital funding has been on a downward slope since May 2022, and November was no different, with inflows declining even further. However, the total capital inflows for 2022 have surpassed 2021 by almost $6 billion.

VC funding declined 4.8% in November, totaling $840.4 million — down from $843 million in October. The Cointelegraph Research Terminal’s Venture Capital Database — which contains comprehensive details on deals, mergers and acquisition activity, investors, crypto companies, funds, and more — shows that the number of individual deals dropped from 69 in October to 61 in November.

It’s not all bad news, though. Despite a slowdown in crypto VC funding since May, the total funding for the year has exceeded the figure for 2021. Cointelegraph Research’s VC Database shows that a total of $36.1 billion has been raised in 2022, with less than two weeks of the year remaining. By contrast, the total funds raised in 2021 was $30.3 billion.

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