Data Report
State of Crypto & Web3 Funding 2026
Documented venture funding into Crypto & Web3 companies — totals, the largest rounds, stage mix, and the quarterly trend.
Data as of September 2026 · Updated continuously · Figures in USD
$1.8B
Total Documented Funding
106
Funding Rounds
75
Companies Funded
$230.0M
Largest Round
Funding Trend
Documented capital raised per quarter. The current quarter is still filling in.
Peak quarter '25 Q4 at $148.2M. Latest complete quarter (2026Q2): ▼ 57% QoQ · ▲ 325% YoY. Current quarter (QTD) is still filling in.
Largest Rounds
The biggest documented Crypto & Web3 funding rounds. Tap any company for its full profile.
BitDAO
Venture Round
$230.0M
Jun 2021
1inch
Series B · British Virgin Islands
$175.0M
Dec 2021
Apollo
Series C · United States
$110.0M
Mar 2022
Karura
Venture Round · New Zealand
$100.0M
Jun 2021
Credix
Growth Equity · Belgium
$93.9M
Nov 2025
Kyber Network
Seed · Singapore
$60.0M
Sep 2017
Variational
Venture Round · United States
$50.0M
May 2026
Morpho Labs
Venture Round · France
$50.0M
Aug 2024
Karak
Series A · United States
$48.0M
Dec 2023
DELV
Series A · United States
$32.0M
Oct 2021
Symbiotic
Series A · Finland
$29.0M
Apr 2025
Origin Protocol
Corporate Round · United States
$28.5M
Apr 2018
Lemon Cash
Series A · Argentina
$27.8M
Apr 2022
Aave
Venture Round · United Kingdom
$25.0M
Oct 2020
SynFutures
Series B
$22.0M
Oct 2023
Rounds by Stage
How documented rounds break down by funding stage.
Explore More
Methodology
Figures are aggregated from Indexed's live database of 74,496+ private companies and 21,117+ investors. Every funding round is sourced from a verifiable public record; duplicates are merged and only rounds meeting a confidence threshold are counted. Amounts are whole USD; undisclosed rounds are excluded from dollar totals but counted where noted. "Documented" means announced with a citable source — true market totals are higher. Data as of September 2026 and updated continuously. Free to cite with attribution to Indexed.