Crypto startups raised $543M in September across 47 rounds, led by Circle
- —47 rounds worth $543M in September 1–27, down from 62 rounds and $1.59B in August
- —Circle raised $100M via a PIPE round with Binance participating
- —HIFI raised $37M in Series A, Atum $13.5M, Infini $6M
- —Investment activity index fell 32% month-over-month to a Low level
Why it matters: The sharp slowdown in venture funding signals shrinking risk appetite for crypto amid a weak market.
Source: TokenPost