The total amount of Web3 financing in 2023 reached $2.839 billion, with the infrastructure sector becoming a hotspot.

In 2023, according to data from the platform, there were a total of 1,178 financing events in the Web3 field, with a total financing scale reaching 2.839 billion USD.

In terms of financing scale, the infrastructure sector occupies a leading position. Several top investment institutions have also made the infrastructure sector a key focus of their layout. Although different investment institutions have varying preferences for each sector, the infrastructure sector undoubtedly holds an important position in their investment landscape. In addition, some institutions are also paying attention to areas such as gaming and DeFi.

Here are several potential projects worth paying attention to in the infrastructure sector:

B² Network

B² Network is an EVM-compatible Rollup that is based on Bitcoin's zero-knowledge proof validation commitments. The project records Rollup data and zk proof validation commitments on the Bitcoin network, ultimately confirming through a challenge-response mechanism. B² Network participated in a Bitcoin ecosystem project roadshow in 2023 and secured investment. The core team members of the project are active in mainstream open-source communities such as Ethereum and Bitcoin.

Recently, B² Network has upgraded from the Alpha testnet to the Haven Beta testnet. Currently, its Odyssey mission is underway, and users can participate through the official website.

Mind Network

Mind Network is positioned as a zero-trust layer, dedicated to bringing more users and funds to Web3. The project provides security and data privacy solutions, supports true CrossFi scalability, complies with regulatory requirements, and adheres to the Web3 principles of asset tokenization and personal data ownership. Mind Network was selected for the fifth season incubation program of a certain trading platform's lab and the BUILD program of a certain oracle project.

In June 2023, Mind Network announced the completion of a $2.5 million seed round financing, with participation from several well-known investment institutions.

Omni Network

Omni is the interoperability layer for Ethereum, serving as the core infrastructure to support all modular applications on Ethereum. Developers can leverage Omni to build applications across multiple execution environments within the Ethereum ecosystem while accessing all users and capital. Omni originated from the DeFi protocol Rift Finance, which provided financial services for Web3 projects.

The project has received $18 million in funding, with investors including several well-known venture capital firms. In June 2023, the Omni testnet went live. The official team has not yet announced any airdrop plans, so it is recommended to keep an eye on their latest updates.

Wormhole

Wormhole is a decentralized universal messaging protocol that enables cross-chain application developers and users to leverage the advantages of multiple ecosystems. The project completed a $225 million funding round at a valuation of $2.5 billion, making it the largest funding deal of 2023, with participation from several well-known investment institutions.

CESS

CESS is dedicated to building a blockchain-based distributed cloud storage system. It effectively manages distributed resources through virtualization technology, providing users with consistent and efficient distributed storage services. The CESS global content delivery network allows users to easily access data anytime and anywhere.

In December 2023, CESS completed a $8 million financing round. The project team previously won the championship of a certain Web3 foundation's hackathon in 2021 and achieved all three milestones funded by the foundation. According to the official roadmap, CESS plans to issue tokens in 2024. Currently, CESS is conducting testnet activities on a certain task platform, where users can participate.