October VC Investment Overview

‍Everyone loved our investment report last month so we brought it back for October, on the first possible morning. View the full report here https://t.me/SimplicityGroup/177… or see a breakdown below

- 235 VCs

- 315 cheques

‍- 101 projects

- $449.78M

Note: A higher number of unknown investments were made in October 2023 compared to September, potentially impacting the figures.
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‍Investment Decline

‍Blockchain Infrastructure (-$57M)

GameFi (-$65M)

SocialFi (-$23M)NFTs (-$23M)
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‍Investment Growth

‍Blockchain Services (+$18M): Secured the most funds with $155.74M

DeFi (+$63M): 40 projects raised
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‍Most Active Investors

‍28 investments: @arbitrum Foundation
4 cheques: @BigBrainVC 3 cheques: @OPCryptoVC, @polychaincap, @rarestonecap, @robotventures, and more.

Stay tuned for more updates as we track the evolving VC landscape!

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