Editor's note: For more Web3 coverage, visit Crunchbase's Web3 Tracker, where we track startups, investors and funding news in the Web3, cryptocurrency and blockchain space, powered by Crunchbase's live, comprehensive data. Web3, once the buzziest of all buzz words in the venture landscape, saw its funding slightly increase in the first quarter of the year compared to last year's fourth quarter ' the first uptick Web3 funding has realized since the fourth quarter of 2021. That dollar figure is a 58% increase from last year's Q4, when startups in the sector raised nearly $1.2 billion in 263 deals. However, this year's Q1 venture dollar number still is a 17% decrease from the same quarter in 2023, when startups raised $2.3 billion in an eye-catching 670 deals. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var...
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