VC funds bullish on crypto, increase investment in blockchain startups
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....
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Since 2015, an increasing number of multi-billion-dollar financial institutions such as Goldman Sachs have exhibited their interest in emerging innovative financial technologies and startups. Several major banks and financial organizations have established various investment funds for fintech and blockchain startups, to research the application of fintech and blockchain technologies in the financial market. Blockchain technology focused startups have been the main attraction of these banks. According to the Outlier Ventures research team, there are over 1,000 blockchain startups in....
Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe. With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers.According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide.The figure is part of a more significant trend that has seen emerging technology become a fast-growing sub-sector in terms of early-stage funding. The....
During the last couple of months, a good number of startups have witnessed massive growth as a direct response to the investments they managed to secure. Stratumn may be another one of those startups, recently securing a €600,000 investment. Stratumn secures €600,000 investment. Recently, Stratumn, a blockchain developer platform has managed to raise a total of 600,000 euros following a fundraising round led by the French VC firm Otium Venture, but also the CEO of Ledger, Eric Larchevêque. This round will enable the company to increase its team from 5 to 12 members this year while also....
Some venture capitalists are joining up for the age of blockchain innovation. One venture capitalist group has already caught on to the trend as being part of its confidence in the future of digital payments. Last Tuesday a report in the DCE Brief revealed that since launching in 2012, a large investment of $52 million has already been provided by Boost VC to blockchain startups. According to the report, these investment funds have been attributed to 52 different startups. Startup accelerator and business Incubator. Boost VC, is a California-based small business incubator and a new age....
The blockchain based equity fundraising platform, Neufund has raised $2.13 million in seed fund. A German blockchain-based fundraising platform, Neufund has successfully raised $2.13 million in seed fund. Investors participating in the fundraising round includes Atlantic Labs, Klaas Kersting and a group of undisclosed angel investors. Neufund is currently in the process of developing an investment platform where investors can fund startups against equity using cryptocurrencies. Once completed, the platform will be available for startups working in the cryptocurrency sector through Initial....