Venture capital funding in blockchain startups hit $2.4 billion in Q3 2024, down 20% from Q2, as reported by Galaxy Research. Despite the dip, the year's investments could still match or exceed 2023 levels, with $8 billion already invested. A notable trend is the fivefold increase in funding for AI-blockchain startups, raising $188 million. Layer-1 blockchain projects led with $341 million, while Web3 and gaming saw a 39% drop. Early-stage companies dominated, securing 85% of the funds. Noteworthy deals include Eidon AI's $3.5M seed round and Brevis's $7.5M for ZK-proofs technology.
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