What happened
The venture capital volume flowing into blockchain-based companies this year is already at 40% of the overall last year’s investment. With this dynamics, 2018 might easily eclipse 2017 numbers.
https://goo.gl/yaaC4C
Who’s getting the money?
According to Crunchbase, “2018 is off to a strong start with a $75 million Series B closed by secure hardware wallet-maker Ledger, $18 million invested in the seed round of Russian blockchain-for-cargo-tracking platform QUASA, and $10 million invested in SF-based Harbor Platform, among other large rounds.”
Why is it important
Well, firstly because it has been only 2 months through the year. The estimate also excludes rounds labeled as ICOs, even if they had participation from VCs.
What can we learn from it
- It’s interesting to see how, despite all the market hype around ICOs, venture investment in blockchain and related companies has kept pace.
- Many mainstream investors and accelerators, such as Andreessen Horowitz, Plug & Play and TechStars, are among the most active VCs supporting blockchain startups.
