Data from Cointelegraph Research<\/a> reveals that in August 2022, the blockchain industry saw $1.36 billion of venture capital invested in the blockchain industry \u2014 a 12-month low and the fourth consecutive month-on-month decline in capital inflows. August\u2019s inflows represent a 31.3% drop from July\u2019s $1.98 billion, and the 101 deals closed in August had an average capital investment of $14.3 million \u2014 a 10.1% decline from July. The data was drawn from the Cointelegraph Research Terminal\u2019s Venture Capital Database<\/a>, which contains comprehensive information on deals, mergers and acquisition activity, investors, crypto companies, and funds.<\/p>\n For access to reports and databases, visit the Cointelegraph Research Terminal<\/em><\/strong><\/a>.<\/strong><\/p>\n August\u2019s three most popular investment categories were Web3, infrastructure and nonfungible tokens (NFTs), drawing more than $1.16 billion, or 85.4%, of the total capital. Some of the biggest deals include the following: Web3 game developer Limit Break\u00a0raised $200 million. Barca Studios, FC Barcelona\u2019s Web3 arm, raised $100 million from Chiliz<\/a>, the owner of blockchain-based fan rewards platform Socios. Ready Player Me, a platform that allows people to create metaverse avatars, raised $56 million in a Series B funding round led by Andreessen Horowitz. Inworld AI, a developer platform for creating AI-driven virtual characters, raised $50 million in a Series A round led by Section 32 and Intel Capital.<\/p>\n Venture capital firms have been raising funds too. Web3 and crypto-focused venture capital firm CoinFund launched a new $300 million fund to back early-stage startups, emphasizing<\/a> its bullish belief that Web3 will \u201ccontinue to progress through all market cycles.\u201d\u00a0Orange DAO\u00a0raised\u00a0$80 million from the Algorand Foundation and Near and\u00a0looks set to continue growing as an investment-focused decentralized autonomous organization backing crypto startups. Meanwhile, Shima Capital launched a $200 million debut capital fund<\/a> to support emerging digital asset companies.<\/p>\n For a full analysis of the blockchain VC sector in August, check out the monthly \u201cInvestor Insights\u201d report from Cointelegraph Research. The research team breaks down the past month\u2019s top market-moving events and the most critical data across the various sectors of the industry, including venture capital.<\/p>\n Download and purchase this report on the Cointelegraph Research Terminal.<\/em><\/strong><\/a><\/p>\n This article pulls data from the\u00a0<\/em>Cointelegraph Research Terminals\u2019 expansive Venture Capital Database<\/a>.<\/em> This article is for information purposes only. It represents neither investment advice, investment analysis, nor an invitation to buy or sell financial instruments. Specifically, it does not serve as a substitute for individual investment or other advice.<\/em><\/p>\n<\/div>\n![\"\"](\"https:\/\/s3.cointelegraph.com\/uploads\/2022-09\/c95e9584-fd65-4eb8-8325-e1b1414d7d87.png\" "\\"\\"")
August\u2019s funding focused on Web3, NFTs and infrastructure<\/h2>\n
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CoinFund is bullish despite the market conditions<\/h2>\n