Key Month-on-Month Metrics
Total funding fell to $2,143.3M in July from $2,424.1M in June, a $280.8M month-over-month decrease, against $2,669.9M in July 2025. The number of rounds moved to 59 from 53, and median round size to $8.0M from $8.5M. Unique investors rose to 178 from 167.
By sector, AI led with 12 (+6.6 against its 12-month baseline), DeFi 9 (-5.1), L1 6 (+3.2).
By sector, AI led with 12 (+6.6 against its 12-month baseline), DeFi 9 (-5.1), L1 6 (+3.2).
| Jun 26 | Jul 26 | MoM | |
|---|---|---|---|
| # of rounds | 53 | 59 | ▲11.3% |
| Med. Round size (MM) | 8.5 | 8.0 | ▼-5.9% |
| Unique investors | 167 | 178 | ▲6.6% |
| Round Med. # investors | 3.0 | 3.0 | 0.0% |
Largest investments
Crypto.com announced a round of 400,000,000 on 16 Jul 2026. Investors: Citadel Securities. Crypto.com is a cryptocurrency exchange and digital asset platform offering trading, custody, payments, tokenized assets, and derivatives
Ionic Digital announced a round of 400,000,000 on 02 Jul 2026. Investors: Oaktree Capital Management, Sachem Head Capital Management, Attestor. Ionic Digital is a Bitcoin mining and AI infrastructure company that operates power and data-center assets for mining, AI, and high-performance computing
Augustus announced a round of 180,000,000 on 21 Jul 2026. Investors: Tiger Global Management, QED Investors, Hummingbird Ventures. Augustus is an AI-native digital banking and crypto infrastructure platform for AI companies, digital asset firms, and financial institutions. It provides deposits, lending, stablecoin issuance, payments, and institutional banking services alongside on-chain asset management and automated risk infrastructure
Alpaca announced a round of 135,000,000 on 16 Jul 2026. Investors: Peak XV Partners, Elefund, Opera Tech Ventures, Unbound. Alpaca is an API platform for commission-free trading of stocks, options, and cryptocurrencies. It provides trading, brokerage, and market data APIs for fintechs, algorithmic traders, and financial institutions, with real-time data, low-latency execution, and secure custody infrastructure
Prime Intellect announced a round of 130,000,000 on 08 Jul 2026. Investors: Radical Ventures, Nvidia, Intel Capital, Dell Capital. Prime Intellect builds AI training/inference/compute infrastructure (especially agentic RL and continual learning stacks)
Ionic Digital announced a round of 400,000,000 on 02 Jul 2026. Investors: Oaktree Capital Management, Sachem Head Capital Management, Attestor. Ionic Digital is a Bitcoin mining and AI infrastructure company that operates power and data-center assets for mining, AI, and high-performance computing
Augustus announced a round of 180,000,000 on 21 Jul 2026. Investors: Tiger Global Management, QED Investors, Hummingbird Ventures. Augustus is an AI-native digital banking and crypto infrastructure platform for AI companies, digital asset firms, and financial institutions. It provides deposits, lending, stablecoin issuance, payments, and institutional banking services alongside on-chain asset management and automated risk infrastructure
Alpaca announced a round of 135,000,000 on 16 Jul 2026. Investors: Peak XV Partners, Elefund, Opera Tech Ventures, Unbound. Alpaca is an API platform for commission-free trading of stocks, options, and cryptocurrencies. It provides trading, brokerage, and market data APIs for fintechs, algorithmic traders, and financial institutions, with real-time data, low-latency execution, and secure custody infrastructure
Prime Intellect announced a round of 130,000,000 on 08 Jul 2026. Investors: Radical Ventures, Nvidia, Intel Capital, Dell Capital. Prime Intellect builds AI training/inference/compute infrastructure (especially agentic RL and continual learning stacks)
Credits and Disclaimers
Data Source: The data presented in this report is sourced from DefiLlama's funding rounds database. We acknowledge and appreciate their work in providing valuable insights into the web3 funding landscape. Issues up to and including March 2026 were compiled from Token Terminal and Crunchbase; the whole series has since been restated on a single source so that figures are comparable across months.
Methodology: The rounds included are those DefiLlama records as web3 fundraising, categorised by its own sector taxonomy. Each round is counted once, in the month it was announced. Where a round names several investors, each is counted once per round for the purposes of the investor ranking, and a round may appear under only one sector.
A note on valuation: earlier issues reported a median round valuation. Fewer than one round in ten discloses a valuation, so that median rested on a handful of observations each month and moved on sampling noise rather than on the market. It has been withdrawn rather than reported with a precision the data cannot carry. Median round size, which is disclosed for almost every round, is reported in its place.
Accuracy Disclaimer: While every effort has been made to ensure the accuracy of the information presented in this report, FinDaS does not guarantee the completeness, accuracy, or reliability of the data. Users are advised to independently verify the information before making any business decisions based on the content of this report.
Potential Bias Notice: It is important to note that the data provided in this report may exhibit biases, primarily towards fundraising activities supported by large investors and deals in the United States. Since the majority of pure token sales are largely unregistered, this report is likely to underrepresent them. This bias is inherent to the data source and may not fully represent the global web3 funding landscape. Users are encouraged to consider this limitation when interpreting the findings.
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