What are VCs betting on?
PLUS: 5 Projects Worth Your Attention 🚨
Hey Investor 👋🏻
welcome to a free edition of Altcoin Investing Picks.
Today I want to share with you a few trends and insights on the recent crypto VC’s activity.
Following the smart money gives you an edge on the market for three reasons:
you can spot emerging trends & sectors
you can get insight into the level of interest and confidence in the ecosystem
you can track specific tokens that are most likely to take off in the future
Let’s dive in!
Key takeaways
Investments are increasing for the first time in over a year suggesting a favorable shift in VC sentiment for web3.
In addition to a 36% QoQ growth in the number of deals, the total investment in web3 increased by 55% compared to Q4’23, indicating a strong rebound in VC confidence and investment activity.
Among the categories, AI stood out as the clear favorite, drawing substantial investment and interest in exploring how AI can become a key value driver within web3.
Seed round deals saw the biggest increase in number of deals with 53% QoQ growth.
OKX, Animoca Brands, Big Brain Holdings & DWF Labs are the funds with highest number of fundraising rounds over the past 12 months.
Graphs
The number of web3 deals is up 36% from last quarter
The total investment amount is up 55% from last quarter
AI is the clear winner in investment amount
Seed round deals saw the biggest increase in number of deals with 53% QoQ growth
OKX, Animoca Brands, Big Brain Holdings & DWF Labs are the funds with the highest number of fundraising rounds over the past 12 months
5 Projects Worth Your Attention
Here are 5 projects that have raised capital from top crypto investors in the past month.
1/ NATIX Network
NATIX incentivizes users to map their surroundings. This collected data powers our dynamic map which is used for smart-city and mobility applications.
Sector: DePIN
Investors: Borderless Capital, Tioga Capital, Escape Velocity, Moonrock Capital
X Followers: 77k
Website: https://www.natix.network/
2/ Thruster
Thruster is a DEX for the best builders, yield seekers, and traders on Blast.
Sector: DeFi
Investors: OKX Ventures, Pantera Capital, ParaFi Capital, Mirana Ventures
X Followers: 84.5k
Website: https://www.thruster.finance/
3/ Runes DEX
The first automated market maker for runes, a new protocol to create fungible tokens on the Bitcoin blockchain.
Sector: DeFi
Investors: Kenetic Capital, Mechanism Capital, Auros Ventures, Future Fund, Boosty Labs
X Followers: 13.5k
Website: https://www.runesdex.com/
4/ Zeko Labs
Zeko is a zero-knowledge, cross-chain scaling protocol built on Mina and designed for developers shaping the future of finance, AI, gaming, and the internet.
Sector: Smart Contract
Investors: Signum Capital, 3Commas Capital, Presto Labs
X Followers: 3k
Website: https://zeko.io/
5/ Inference Labs
Trustless Execution Layer of AI
Sector: AI
Investors: Mechanism Capital, Delphi Ventures, Bitscale Capital, Sandeep Nailwal
X Followers: 4.7k
Website: https://inferencelabs.com/
That’s all for today!
Thanks for reading
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