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Scalar Capital will no longer participate in projects and co-founder Linda Xie will no longer serve as a full-time investor.

According to BlockBeats news on September 19th, Linda Xie, co-founder and managing director of Scalar Capital, will no longer be a full-time investor and will instead focus on building within the industry while remaining the company's managing director. Scalar Capital will not be investing new capital in the future, as stated by Linda Xie. Additionally, please continue to stay tuned for the release of the Ethereum documentary in 2024.
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The total number of financings last week was 18, with a total amount of approximately US$838.55 million and an average financing amount of US$46.5861 million.
The total number of financings last week was 26, which was less than before, with a total amount of approximately US$157.7 million and an average financing amount of US$6.0654 million.
Last week, there were a total of 24 financing deals with a combined amount of approximately $104.45 million, and an average financing amount of $4.3521 million.
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