# **153 Web3 Encryption Companies Raise Over $986 Million in Q1 of 2023: A Look at the Trends and Future of Web3**The emerging trend of Web3 encryption companies has seen a signifi
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**153 Web3 Encryption Companies Raise Over $986 Million in Q1 of 2023: A Look at the Trends and Future of Web3**
On April 24th, according to a recent report released by OutlierVentures, in the first quarter of 2023, 153 Web3 encryption companies in the early stages (Pre Seed round A) raised f