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Not only is summer just around the corner, but a new month means new data around venture capital spending. 

Fundraising totaled $594 million last month, per Blockworks Research data. 

As you can see, funding made up a very small slice of the overall pie, with M&A leading the month when it comes to money spent. A little over $2.9 billion went towards deals last month, of which most of that sum came from the $2.9 billion Coinbase-Deribit deal. 

Overall, funding was on the smaller side, especially in comparison to the last few months. Is that concerning? I personally don’t think so. Not…

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