Odaily Planet Daily report: In August, family offices participated in 109 transactions, with a total disclosed funding amount of $16.9 billion across these deals, of which follow-on funding rounds accounted for 27% of all transactions. a16z Perennial led with 17 transactions, ranking first; YZi Labs participated in 10 transactions, ranking second, with a total disclosed funding size of $42.1 million across these rounds. YZi Labs manages assets exceeding $10 billion and invests across Web3, AI, and healthcare, targeting startups at various stages of development. The disclosed funding amounts represent the aggregate investment from all investors in each round and do not reflect YZi Labs’ actual contribution. Due to the high level of confidentiality surrounding family office investments, the specific investment amount from any single family office in each transaction is typically not publicly available.
YZi Labs Ranked Second Globally in Family Office Activity in August with $42.1M in Funded Rounds
KuCoinFlashShare
Summary
YZi Labs ranked second globally in family office activity in August, with 10 deals totaling $42.1 million in project funding announcements. Family offices worldwide closed 109 deals, raising $16.9 billion. a16z Perennial led with 17 deals. YZi Labs, managing over $10 billion, focuses on Web3, AI, and healthcare startups. Disclosed figures represent total round funding, not YZi’s individual contribution. Shifts in global crypto policy may impact future family office strategies.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.