Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpa...
According to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds Dominate As noted by one report, the capital raised in this period provides further evidence that “venture capitalists are pouring money into cryptocurrency-related companies at the fastest clip in years.” However, the data also shows that this increase has largely been “fueled by....
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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....
A 713% increase in venture capital funding went to global blockchain startups last year, but will this trend continue? Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.The report also found that the United States led the greatest amount of funding deals in Q4 of last....
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and projects obtained last year.
H1 Crypto Ecosystem Funding Report Shows Capital Continues to Flow Despite Crypto Winter
A significant sum of money has been injected into specific blockchain projects and startups....
The general startup success is very low - 90% of them fail in the first 3 years. The two major reasons for failure cited by CB Insights are not establishing a real market need (42%) and running out of cash (29%). Every day, a new blockchain startup is born as more and more entrepreneurs connect the dots as to the significance of this emergent technology to affect almost every industry. Investors’ Angel was founded in 2015 specifically to help startups prepare themselves to raise investment including companies like Vaultoro (Bitcoin/gold trading platform), BioSSL (a biometric security....