Multiple projects: Project closures

Industry update — wave of closures and smaller investments in 2026.

The author reports tracking closed projects and notes 13 projects and 5 subdivisions have already shut in 2026. Examples referenced include subdivisions like Arkham Ex and zkSync Lite among others. Overall investor activity shows fewer rounds and materially smaller cheque sizes compared to prior periods.

Some notable exceptions remain (for example Tempo), while others have issued sudden closure notices in recent weeks (the author cites DataHaven as an example). The author expects projects that survive to Q3 to demonstrate stronger performance but emphasizes unpredictability in which teams will persist.