Report: Funding for Bitcoin, Blockchain Startups Grows to $550 Million in 2016
A new report from CB Insights has shown that funding investments in bitcoin and blockchain technology startups amounted to $550 million compared to almost no investment in 2012. According to CB Insights, post-2012 total funding has risen five percent, from $524 million in 2015 to $550 million in 2016. Yet, while some may consider this a small increase, the total funding amount has increased significantly from 2012 figures. Then only five deals, amounting to $1.3 million, were achieved. However, this was followed by two years of increased investments with 143 deals and $357 million invested....
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U.K. FinTech startups raised $173 million across 16 deals in Q4 2016, an increase of $95 million from Q3, according to a report from CB Insights. The report, The Global FinTech Report Full Year 2016, from the company which tracks venture capital investment, looked at FinTech venture capital across markets in Europe, Asia and North America. The results found that investment within financial technology firms had risen by 122 percent between October and December 2016 with the number of deals taking place increasing by 33 percent. Despite an increase in U.K. financial technology investment....
A study conducted by Juniper Research has found that the total value of Venture Capital (VC) blockchain and bitcoin investments totalled $290 million in the first six months of 2016. While more than 30 startups were involved that received funding during that time, more than a third of all the investment went to three major companies: Circle, the social bitcoin-based payment provider, which raised $60 million earlier this year, Blockstream, the sidechain developer, which gained $55 million in funding; and Digital Asset Holdings, the distributed ledger solutions provider, which secured $52....
Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential. Venture capital funding for crypto and blockchain startups looks set to break records in 2021. As previously reported by Cointelegraph, crypto firms received more funding in the first quarter of 2021 than the whole of 2020.Indeed, three companies in the market attracted $1.1 billion from backers in Q1 202 — a third of the total funding for crypto and blockchain firms reported in 2018. With the current bullish enthusiasm in the crypto space, VC funding....
Cash is drying up for bitcoin and blockchain startups amid a broader decline in FinTech funding, according to new research from KPMG and CB Insights. The report, published today, shows that for the third straight quarter, VC investment in startups using distributed ledgers declined. While enthusiasm for the technology remains, the report said that companies shouldn't expect additional funds until countless proofs-of-concept emerge on the market. The report reads: "The ability to move blockchain from proof-of-concept to adoption and production has been minimal. While the market is....
Juniper Research has revealed in a new study that the total value of Venture Capital investment into blockchain technologies and Bitcoin-related companies in the first 6 months of 2016 totalled $290 million. The Future of Blockchain. In the new report – The Future of Blockchain: Bitcoin, Remittance, ID Verification & Smart Contracts 2016-2021 - it says more than 30 startups received funding within the period and more than a third of all investment was accounted for by three companies. They are social payment provider, Circle; sidechain developer, Blockstream; and distributed ledger....