According to PANews, the first quarter of 2024 saw a significant increase in total investments in Web3 companies. A report released by QuickNode and Artemis reveals that there was a 55% growth in total investments and a 36% increase in the number of investment transactions compared to the previous quarter. The majority of these investments were directed towards Web3 protocols related to Artificial Intelligence (AI) and gaming.
In addition, seed round transactions experienced the fastest growth, with a quarter-on-quarter increase of 53%. This indicates a growing interest in early-stage investment transactions. The report also highlights that compared to the previous quarter, the capital inflow for Series A financing and seed round financing nearly doubled. This reflects a renewed willingness among venture capital firms to invest in Web3.