Will Bitcoin Venture Capital Investment Reach $300 Million in 2014?
In addition to the companies listed below, sales portal BitSimple has raised $600,000 in a bitcoin-only seed round. This article summarizes some of the new State of Bitcoin 2014 data and analysis on venture capital investment presented at last week's Coinsummit conference in San Francisco. Several significant venture capital investments in bitcoin startups have been announced in recent weeks, including Circle's $17m second round, Xapo's $20m first round, and OKCoin's $10m first round (Table 1). Table 1: Bitcoin Venture Capital Investments - 2014 YTD. Sources: CoinDesk, Dow Jones....
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In the first quarter of 2015, Bitcoin venture capital investment has already exceeded that of 2014. BitFury, the Amsterdam mining operation, has announced that its third round funding has exceeded 20 million dollars from investors. The company had previously acquired 20 million last summer in an investment round. BitFury plans to open up another location....
Last year was a record year for Bitcoin when it came to venture capital investment, at almost $350 million in 2014. It looks like Bitcoin is approaching that amount already, and we're not even through the first quarter of 2015 year. Bitcoin startup 21 Inc. has announced that they have secured $116 million in venture capital investment, setting a record for not just a Bitcoin startup, but for any Bitcoin company in the technology's six-plus years. 21 Inc. looks to invest in Bitcoin "mass adoption." This company has been working diligently, and secretively, for over a year on securing this....
CoinDesk State of Bitcoin Q1 2014 from CoinDesk. Download the full report in PDF form. View more of CoinDesk's Research Reports here. Much has happened since CoinDesk released its first State of Bitcoin report earlier this year and today we are publishing an update featuring brand new data and analysis. We were blown away by the success of the first report, which, at the time of writing, had over 110,000 views on SlideShare. So thank you for taking the time to read and share it across your networks. The new report focuses on data and events in the first quarter of 2014 through to the....
CoinDesk is releasing its 'State of Bitcoin 2014' report on Tuesday, which takes an in-depth look into the evolution of bitcoin and the potential hurdles it is still yet to face. This article is the first of a two-part series drawn from the report. The series looks at the trends in venture capital investment in bitcoin. It assesses how venture investment in bitcoin to date compares with other related investment sectors (eg financial technology), or previous major waves of investment (eg the Internet). It also examines the types of Bitcoin companies venture investors have focused their....
Bitcoin Industry Venture Capitalists Shift Focus to Non-Financial Applications and Ethereum Startups
Last year, Bitcoin and blockchain-related startups raised over $1 billion in total investment, a massive increase from the $347 million invested in the space in 2014, according to a report by Inside Bitcoins. Companies such as 21 inc and Coinbase rasied $116 million and $75 million, respectively, dwarfing the relative investment into the early days of the Internet. Major companies such as American Express, Deloitte, Goldman Sachs, MasterCard and the New York Stock Exchange have invested millions into Bitcoin technology firms recently. Many banks are also getting on board and investing into....