Venture capital injects $527 million into crypto startups in July

Venture capital funds (VC) invested $527 million into crypto startups in July, up 14.5% year over year, according to DefiLlama data.
The blockchain infrastructure sector raised $420.7 million last month, and its startups contributed the largest amount, representing nearly 80% of the total.
Artificial intelligence (AI) protocol Sentient secured $85 million in a round led by Pantera Capital and Framework Ventures, making it the most successful round among blockchain infrastructure projects.
Blockchain payment network Partior raised a significant amount of $60 million from traditional banking giants JPMorgan and Standard Chartered. Thus, only 2 out of 41 infrastructure-related funding rounds accounted for roughly 34% of the amount raised.
DeFi protocols received $86 million in investments in July. Bitcoin restaking protocol Lombard raised $16 million, registering the largest amount raised by a DeFi project last month.
ZAP, a community-driven protocol for token distribution based on Bla

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