💸 Fundraising Report: August

This OG crypto fund is raising $1 billion to invest in DeAI

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 🛸 Space & Time

Given it’s time for our monthly fundraising report, we thought it would make sense to chat to a team who has just been through the fundraising process.

We’re getting on with Space & Time, who just announced their $20M series A round last week!

Thursday @ 6:00 PM EST - Set you reminder HERE

Market Metrics

Total Crypto Market Cap: down 5.3% to $2.073T
Total AI Sector Market Cap: down 7.3% to $20.7B

Top Movers (24 hours):

📈 Openfabric AI (OFN): up 10.6% to $0.1053
📈 Dojo Protocol (DOAI): up 9.5% to $0.03165
📈 enqAI (ENQAI): up 3.6% to $0.008783

Fundraising Deep Dive

August is a wrap, which means it’s time for our monthly fundraising report.

July was a decent month for fundraising in the DeAI sector, tallying ~$180M, largely carried by Sentient’s colossal $85M raise. However, depending on how you slice it, August has come in slightly better at ~$190M for the AI and AI-adjacent sector.

Here are all of the projects that received funding this month. 👇

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