Boost VC Investment in Blockchain Startups Tops $50 Million
Boost VC has released new figures about its investments in startups focusing on bitcoin and the blockchain. The San Mateo incubator, which has pledged to invest in 100 industry startups through 2017, revealed in a Medium post this week that it has invested in 52 bitcoin and blockchain companies since its founding in 2012. According to figures provided to CoinDesk by Boost, bitcoin and blockchain startups have so far raised $52 million, compared to the $86 million across companies in all of its target sectors. The figures suggest bitcoin and blockchain startups have so far captured 60% of....
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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....
We had recently reported on the demo day organized by Boost VC, the blockchain and virtual reality startup accelerator. The demo day was held on the 8th of last month which saw the accelerator's sixth batch of startups graduating from the program. The last batch or tribe as Boost VC prefers to call them has 21 bitcoin and digital currency technology based startups. READ MORE: Boost VC's Tribe 6, Now out in the Wild to Make a Killing. As a line in one of the famous songs by the British rock band Queen goes... 'The show must go on'. Graduation of a batch of startups doesn't mark the end of....
Boost VC, the San Mateo-based startup incubator led by CEO Adam Draper, announced 'Tribe 7' yesterday, its latest group of 20 early-stage startups. With its latest batch, Boost's portfolio currently stands at 138 companies – 55 working on blockchain products and 34 on virtual reality. The incubator now claims to be the most active investor in both of those sectors, adding that a total of over $125m that has been raised by its startups to date. Notably, while Tribe 5 was dominated by bitcoin and blockchain startups – accounting for 90% of the 25 firms – last year's Tribe 6 and now Tribe 7....
Boost VC, a well-known accelerator among startups and the bitcoin community recently had a demo day for its latest cohort. Boost VC gained the attention of the bitcoin community after it started focusing only on bitcoin and blockchain based startups for a couple of programs. Since then, the accelerator has distributed its focus between two emerging technologies - Bitcoin and Digital Reality. The digital reality segment includes startups and entrepreneurs who are working on augmented reality and virtual reality technologies. October 8, 2015 saw the graduation of the 6th batch of startups....
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....