Overview

• Startups raised about $3.48–$3.5 billion during Oct. 6–12, a new weekly high for the sector.
• Reports differ slightly on scope, with 27–28 deals recorded across the week by separate data providers.
• Blockchain services led activity with 12 rounds, while centralized finance projects accounted for six.
• Pantera Capital closed four deals, with participation also reported from Hack VC, Sequoia, Andreessen Horowitz, Galaxy, General Catalyst, Road Capital, and Delphi Ventures.
• The surge coincided with Bitcoin touching roughly $126,000 before a steep sell-off tied to a U.S. 100% tariff announcement on China, which triggered about $20 billion in liquidations and a sharp drop in BTC futures open interest.