While 2021 set the record for investments in crypto startups, January 2022 data indicate even more capital flow this year.
In January 2022 alone, crypto startups have raised nearly $5 billion. This is just as much as all the investments that African startups raised in 2021 at $4.65 billion.
The nearly $5 billion in new funding broke a monthly record.
Interestingly, funding increased despite the broader crypto market slowdown.
A lot of the new funding rounds have continued to get bigger, especially for later-stage companies.
Here are January 2022 key stats:
While African tech took center stage in 2021, the crypto space seems prepped for even major growth in 2022 just by looking at the impressive investments in January 2022 alone.
RECOMMENDED READING: 2021 was the Biggest Year for Fintech Startups in Egypt
Thank you for your support by helping us create content:
BTC address: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT
ERC20 Address: 0xBc11cFa590C6CC465248D77d399C3106B881cC0E
SOL address: 9cC65AWFHj848kntcoyiT8av3jiRQEqyTTmBR1GvVUb
Follow us on Twitter for the latest posts and updates
Join and interact with our Telegram community
Subscribe to our YouTube channel below for more updates: