Tracxn - Blockchain Startup Landscape

JANUARY 2018

BLOCKCHAIN

Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018

Contents

Feed Summary

Investment Trends

Market Details

Exit Outlook

Investors

News

Appendix

2

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Contents

Feed Summary

Investment Trends

Market Details

Exit Outlook

Investors

News

Appendix

3

Feed Summary

Investment Trend Summary

Exit Outlook Summary

BlueBox

Summary of Key Markets

Notable Companies in the Sector

Recent News


Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on January 3, 2018.

Blockchain Feed Summary

4

Blockchain > Feed Summary

Companies which leverage the blockchain technology to cater to enterprise and consumer markets.

• Inclusions: All companies that either provide a) industry solutions (products, services, technology infrastructure) or b) consumer solutions like

marketplaces, consumer services or networks.

• Exclusions: All Digital Currency (Bitcoin, Litecoin etc.) companies, except those which have pivoted to blockchain solutions provider.

• Excludes funding information of Chinese companies

• Excludes funding information of Initial Coin OfferingsFeed in Numbers

Overview

$1.7BFunding

5Mega Companies

3331351FundedCovered on

Tracxn

-Unicorns

12Soonicorns

48Minicorns

5IPO’d Cos

69Late Stage Cos

8

-Acquisitions

42DeadPooled

12Acquihired

Series A+ CosQuoine

(2014, Singapore, $22M)

Bitfury(2012, San Francisco, $95M)

Ripple(2012, San Francisco, $90.5M)

Top Companies


Investment Trend SummarySummary of Funding Activity in Blockchain

5

$107M - Series AR3 (2013, New York City, $107M)

$52.8M - Series CBlockstack (2013, New York City, $89M)

$60M - Series DCircle (2013, Boston, $136M)

$42.5M - Series BBitGo (2013, San Francisco, $55M)

$60M - Series BDigital Asset Holdings (2014, New York City,

$110M)

$40M - Series BDigital Asset Holdings (2014, New York City,

$110M)

$55M - Series ABlockstream (2014, San Francisco, $101M)

$30.5M - Series C4New (2017, London, $56M)

$55M - Series BRipple (2012, San Francisco, $91M)

$30M - Series CBitfury (2012, San Francisco, $95M)

Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend*YTD *YTD

Blockchain > Feed Summary > Investment Trend Summary

Seed Fenbushi Capital (#11), Blockchain Capital (#9), Y Combinator (#8)

Series A/B Blockchain Capital (#5), Andreessen Horowitz (#4), RRE Ventures(#4)

Series C+Backstage Capital (#1), Fenway Summer Ventures (#1), IDG Capital Partners (#1)

Incubators Boost VC (#27) 500 Startups (#12) Techstars (#11)

Corporate InvestorsDigital Currency Group (#53), Pantera Capital (#13),

Startupbootcamp (#13)

Debt Investors Silicon Valley Bank (#1)

Most Active InvestorsRecent Investments

91

267302

401

224

2013 2014 2015 2016 2017 2018*Y-o-Y # of Companies Founded 9 72 98 117 103 -

$20M

$149M

$315M

$463M

$670M

2013 2014 2015 2016 2017 2018*

$ Funding # Rounds$1.3B

$170M

$35.5M

$34.8M

$34.1M

US

Europe

SEA

Israel

Japan

$ Funding


FINANCIAL SERVICES

TradingDigital Asset Holdings (2014, New York City, $67.16M)

$790M

December 2017Tracxn BlueBox – Blockchain

1350+ companies in the sector, 250 funded in last 5 years, $848M invested in last 2 Years Most Active Investors: Digital Currency Group, Boost VC, Blockchain Capital, Fenbushi Capital, Startupbootcamp

PaymentsCircle (2013, Boston, $136M)

Trade FinanceNeufund (2016, Berlin, $2.13M)

Risk ManagementBitGo (2013, San Francisco, $12M)

TECHNOLOGY

Side ChainBlockstream (2014, San Francisco, $76M)

Application Development PlatformsBitfury (2012, San Francisco, $95M)

Smart ContractsMirror (2011, New York City, $12.8M)

Service ProvidersR3 (2013, New York City, $107M)

CONSUMER

Prediction MarketsAugur (2014, San Francisco, $5.1M)

Gaming PlatformFirstBlood Technologies (2016, Boston, $5.5M)

ENTERPRISE

Internet of ThingsFilament (2012, Reno, $35.56M)

Distributed StorageKeybase (2013, New York City, $10.8M)

$538M

$108M $250M

Blockchain > Feed Summary > BlueBox

Cumulative funding in the market

6


Key Sub Sectors in Blockchain Sector

Summary of Key Markets

Other Notable Markets# Cos on Platform

Last 2 Years

$ Invested # Round

Financial Services > Payments >

Money Transfer 29 $7.6M 6

Top Markets of Investment Activity# Cos on Platform

Last 2 Years

$ Invested # Round

Financial Services > Trading >

Capital Markets 34 $147M 15

Technology >

Application Development Platform 87 $133M 22

Technology >

Service Providers 102 $133M 11

Enterprise >

Distributed Identity 27 $98.5M 11

Financial Services > Payments > Money

Transfer >

P2P67 $89.2M 9

Financial Services > Payments > Money

Transfer >

B2B21 $88.8M 7

Consumer >

Energy 24 $63.4M 7

Enterprise >

Distributed Storage 21 $18M 6

Sub Sectors# Cos

Tracked#

FundedTotal

Funding

Financial ServicesCompanies that offer blockchain-enabled financial services

457 137 $790M

TechnologyCompanies enabling blockchain technology implementation

315 68 $538M

EnterpriseCompanies that provide enterprise applications through a blockchain

339 84 $250M

ConsumerCompanies that provide marketplaces powered by blockchain

222 39 $108M

DAOCompanies that are run as decentralised autonomous organizations with the assistance...

14 4 $1.7M

Blockchain > Feed Summary > Summary of Key Markets

7

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List of Notable Companies by Market in Blockchain

Notable Companies by Market (1/3)

9

Blockchain > Feed Summary > Notable Companies by Market

Financial Services

Payments

Circle (2013, Boston, $136M)Digital currency wallet for global money transfersSoonicorn. Stage: Series D

Baidu, IDG Capital Partners, Breyer Capital and 13 Other Investors

Ripple (2012, San Francisco, $90.5M)Open source payment protocol for cross border money transfer. Soonicorn. Stage: Series B

Standard Chartered, SBI Holdings, Digital Ventures and 25 Other Investors

Uphold (2014, San Francisco, $15.5M)Multiple currency reserve and exchange platform. Soonicorn. Stage: Series B

BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider. Soonicorn. Stage: Series A

Greycroft Partners, Plug and Play Tech Center, Draper Associates and 10 Other Investors

Payments

DigitalX (1988, Boston)Blockchain technology for money transfer & trading servicesStage: Public

Trading

Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on BlockchainSoonicorn. Stage: Series C

Australian Securities Exchange, ABN AMRO Bank, Accenture and 14 Other Investors

itBit (2012, Tower, $28.3M)Provider of Trading & Settlement platformsSoonicorn. Stage: Series A

RRE Ventures, Liberty City Ventures, Canaan Partners and 3 Other Investors

PeerNova (2013, San Jose, $26.6M)Provider of cryptographic development platformSoonicorn. Stage: Series A

Overstock, Mosaik Partners, Blockchain Capital and 3 Other Investors

Quoine (2014, Singapore, $22M)Multi service bitcoin exchange platformSoonicorn. Stage: Series A

JAFCO

https://tracxn.com/companies/Pwwl237h6IuAX1wWWxE55qiaXo6KnLKhtTqKbo9AqO0/circle.com

https://tracxn.com/companies/UbNX-ktmTV3BDecfR9Uo-uGJp9LCSX6mDuXkVEvgWXc/ripple.com

https://tracxn.com/companies/g0BX_SA1ClX0C7wHsCqs4Fqtwk6nGnTnLk9BTDuOPRM/bitpesa.co

https://tracxn.com/companies/o7YdjobXdXGtH6VVbESscsDX-5NS6bzSPPLb3i9r2Ag/digitalasset.com

https://tracxn.com/companies/xRWIgt7Zq6NvH7DUDFR70MVpMOmmc8E4XCiSgmR2J6w/itbit.com

https://tracxn.com/companies/lAy5TOd8ilAxAbshjzHoRa0lmAd16qH6Vuh26wBE9cg/peernova.com




10


Enterprise

Supply Chain

Yojee (2015, Singapore)Blockchain based logistics solutions targeting e-commerce logisticsStage: Public

Technology

Technology

Blockchain Industries (2012, Brandenburg)Platform solutions for public and private blockchainsStage: Public

Immudyne, Realise Capital Partners

Smart Contracts

Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platformSoonicorn. Stage: Series A

Medici Ventures, Hundsun, Atlantic Merchant Capital Investors and 8 Other Investors

https://tracxn.com/companies/WEYYl8LvIJTcj0NSyI8jT_IRM8RvgZTLCXm5GGFQIbg/symbiont.io




11


Technology

Sidechain

Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovationSoonicorn. Stage: Series B

G Lab, Horizons Ventures, AXA Strategic Ventures and 18 Other Investors

Application Development Platform

Bitfury (2012, San Francisco, $95M)Provider for Bitcoin mining hardwareSoonicorn. Stage: Series C

Credit China Holdings, Investment Fund, Itech Capital and 6 Other Investors

Chain (2014, San Francisco, $43.7M)Designing blockchain applications for organizationsSoonicorn. Stage: Series B

Citi Ventures, Fiserv, Nasdaq and 21 Other Investors

BTL (2011, Vancouver)Blockchain based development platforms for businessesMinicorn. Stage: Public

Vela Technologies, Level39

https://tracxn.com/companies/aLgyqMNQROjWWAB3ZZc1FLAYKPjhXnEmQyv60e5L8VI/blockstream.com

https://tracxn.com/companies/djLO8Qi3nlWQg3giorXGRI10SleiBGHmUvgfoEV-W4U/bitfury.com

https://tracxn.com/companies/hEkevKwsFd3pTdFjTsr8tiYC-PjP0E0mNDeDYc9gaVM/chain.com


Recent News in Blockchain Sector

Recent News

12

Blockchain > Feed Summary > Recent News

Jan 2018 MedChain Pre-ICO Funding to Launch, chain-finance.com

Jan 2018Qtum Foundation, Trusted IoT Alliance, and Chronicled, Inc. to Develop Secure IoT Use Cases, PR Newswire

Jan 2018Plug and Play Indonesia first batch startups raise US$1M follow-on funding, E27

Jan 2018 Smart contract technology set to transform commerce, Digital Journal

Dec 2017AIM Listed TechFinancials Plans Blockchain Based Diamond Exchange with Cedex Purchase, Crowdfund Insider

Dec 2017NuCypher raises $4.3m in presale to bring private data to public blockchains, CoinReport

Dec 2017WINGS Foundation Announces Strategic Engagement with Aurora Labs to Bring Qualified ICOs to its Decentralized Exchange, GlobeNewswire

Dec 2017WINGS Announces Beta Testnet Launch to Evaluate ICOs with Crowdsourced Due Diligence, GlobeNewswire

Dec 2017Global Yellow Pages acquires 50.11% stake in property investment online platform FundPlaces for $2 mil, theedgesingapore.com

Dec 2017Bitcoin Investment Trust Announces Record Date for Distribution of Bitcoin Segwit2X, PR Newswire

Dec 2017Cryptocurrency Platform Dash Appoints Former American Express Senior Manager Bradley Zastrow As New Director of Global Business Development, Crowdfund Insider

Dec 2017Waves Announces New Blockchain Investment Fund, Finance Magnates

Key Recent News Key Recent News

Dec 2017trade.io Partners with Bancor Protocol to Provide Continuous Liquidity to Token Holders, PR Newswire

Dec 2017World’s Leading Crypto Exchange Binance Partners With Uplive -Asia’s Premier Live Video Platform, Business Wire

Dec 2017Ties.Network Announces Strategic Partnership With Tidex Exchange, Lists TIE Token, Jersey City Breaking News

Dec 2017Siemens, LO3 Seek to Expand Collaboration on Energy Tech Projects; Ralf Christian Comments, ExecutiveBiz

Dec 2017EasyJet chooses Covesting to educate their flyers on crypto, Financial News

Dec 2017Ripple’s Value Rises 20 Percent Post-Japanese Credit Card Partnership, PYMNTS

Dec 2017TechFinancials Agrees Share Purchase Deal For Diamond Blockchain Firm, Morningstar

Dec 2017Internxt Wants to Build a New Internet, INXT Price Raised to New-High of $23, Coinspeaker

Dec 2017 ATB Coin the Latest to Face Class-Action Suit After ICO, CoinDesk

Dec 2017SBI Ripple Asia Forms Credit Card Industry Consortium in Japan , Finance Magnates

Dec 2017Rivetz Joins Trusted IoT Alliance to Collaborate on Blockchain-

Based IoT Solutions, PR Newswire

Dec 2017Blockchain Finance App Change Integrates Kyber Network, BlockTribune

http://www.chain-finance.com/2018/01/03/medchain-pre-ico-funding-to-launch/

https://www.prnewswire.com/news-releases/qtum-foundation-trusted-iot-alliance-and-chronicled-inc-to-develop-secure-iot-use-cases-300576290.html

http://e27.co/plug-play-indonesia-first-batch-startups-raise-follow-funding-20180102

http://www.digitaljournal.com/business/smart-contract-technology-set-to-transform-commerce/article/511177

https://www.crowdfundinsider.com/2017/12/126528-aim-listed-techfinancials-plans-blockchain-based-diamond-exchange-cedex-purchase/

https://coinreport.net/nucypher-raises-4-3m/

http://globenewswire.com/news-release/2017/12/30/1276771/0/en/WINGS-Foundation-Announces-Strategic-Engagement-with-Aurora-Labs-to-Bring-Qualified-ICOs-to-its-Decentralized-Exchange.html

http://globenewswire.com/news-release/2017/12/30/1276777/0/en/WINGS-Announces-Beta-Testnet-Launch-to-Evaluate-ICOs-with-Crowdsourced-Due-Diligence.html

https://www.theedgesingapore.com/global-yellow-pages-acquires-5011-stake-property-investment-online-platform-fundplaces-2-mil

https://www.prnewswire.com/news-releases/bitcoin-investment-trust-announces-record-date-for-distribution-of-bitcoin-segwit2x-300576119.html

https://www.crowdfundinsider.com/2017/12/126506-cryptocurrency-platform-dash-appoints-former-american-express-senior-manager-bradley-zastrow-new-director-global-business-development/

http://financemagnates.com/cryptocurrency/news/waves-announces-new-blockchain-investment-fund

http://www.prnewswire.co.uk/news-releases/tradeio-partners-with-bancor-protocol-to-provide-continuous-liquidity-to-token-holders-666943603.html

http://businesswire.com/news/home/20171228005141/en/World%E2%80%99s-Leading-Crypto-Exchange-Binance-Partners-Uplive

http://jerseycitybreakingnews.com/pressrelease/tiesnetwork-announces-strategic-partnership-with-tidex-exchange-lists-tie-token-1080678/

http://blog.executivebiz.com/2017/12/siemens-lo3-seek-to-expand-collaboration-on-energy-tech-projects-ralf-christian-comments

http://www.financial-news.co.uk/45414/2017/12/easyjet-chooses-covesting-to-educate-their-flyers-on-cr/

https://www.pymnts.com/blockchain/2017/ripple-sbi-blockchain-technology/

http://morningstar.co.uk/uk/news/AN_1514450473609481700/techfinancials-agrees-share-purchase-deal-for-diamond-blockchain-firm.aspx

https://www.coinspeaker.com/2017/12/27/internxt-wants-build-new-internet-inxt-price-raised-new-high-23/

http://coindesk.com/atb-coin-the-latest-to-face-class-action-suit-after-ico

http://financemagnates.com/cryptocurrency/news/sbi-ripple-asia-forms-credit-card-industry-consortium-japan-%E2%80%8E

https://www.prnewswire.com/news-releases/rivetz-joins-trusted-iot-alliance-to-collaborate-on-blockchain-based-iot-solutions-300575473.html

http://blocktribune.com/blockchain-finance-app-change-integrates-kyber-networks-protocol/


Contents

Feed Summary

Investment Trends

Market Details

Exit Outlook

Investors

News

Appendix

13

Funding Trends

Median Deal Size and Trend

New Entrants in Funding Club

Distribution of companies by Funding Range

Funding Funnel of the Sector

Top Investments and Investors

Investors in Unicorn club

Some more Sector Reports you might want to check out

Join 4000+ people taking sharper decisions with Tracxn

MarketingTechDec 2017

Sales Force AutomationDec 2017

Consumer HealthTechDec 2017

https://tracxn.com/reports/rh2_gC3Inr5132Oyzz_vjA/MarketingTech Sector Landscape Report?utm_source=Blockchain-Report-Investment-Trends&utm_medium=Mktg-Page-MarketingTech-Report&utm_campaign=MarketingTech-Report-Button&utm_content=Download

https://tracxn.com/reports/3TMmsOEw30ts_oFVqByixg/Sales Force Automation Sector Landscape Report?utm_source=Blockchain-Report-Investment-Trends&utm_medium=Mktg-Page-Sales-Force-Automation-Report&utm_campaign=Sales-Force-Automation-Report-Button&utm_content=Download

https://tracxn.com/reports/SyZeKDXlfudqFLACFHzEcg/Consumer HealthTech Sector Landscape Report?utm_source=Blockchain-Report-Investment-Trends&utm_medium=Mktg-Page-Consumer-HealthTech-Report&utm_campaign=Consumer-HealthTech-Report-Button&utm_content=Download

https://blog.tracxn.com/request-for-demo?utm_source=Blockchain-Report-Investment Trends&utm_medium=Mktg-Page-Demo&utm_campaign=Blockchain-Demo-Button&utm_content=Demo


$800K $20M

$149M

$315M

$463M

$670M

0

20

40

60

80

100

120

140

$0k

$100M

$200M

$300M

$400M

$500M

$600M

$700M

$800M

2011 2012 2013 2014 2015 2016 2017 2018*

$ Funding # Rounds

3 Year CAGR

6 Year CAGR

Investments ($M) and number of rounds in Blockchain; 2011-2017

Global Funding Trends (1/2)

15

Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies

*YTD

Blockchain > Investment Trends > Global Funding Trends

# R

ou

nd

s$

Fu

nd

ing

207% $ Funding

65% $ Funding

80% # of Rounds

13% # of Rounds


2 8 62 76 83 53

1

1 10

21 31 46

1 3 4

2011 2012 2013 2014 2015 2016 2017 2018 YTD

Seed Early Stage Late Stage

$0K $0K

Total $ Invested

- 0

Total # of Rounds

$800K $11M $71M $44M $70M $56M

$9M$78M

$221M $327M$486M

$50M $67M $128M

2011 2012 2013 2014 2015 2016 2017 2018 YTD

Seed Early Stage Late Stage

$0K $0K $0K$41M

$178M

$250M

$424M

$0K0

2

4

6

8

10

12

0

50000000

100000000

150000000

200000000

250000000

300000000

350000000

400000000

450000000

2011 2012 2013 2014 2015 2016 2017 2018 YTD

$ Funding # of Rounds

16

Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies

Stage-wise Number of RoundsStage-wise $ Invested

New Entrants in Funded ClubMega Rounds

Global Funding Trends (2/2)

Investments ($M) and number of rounds in Blockchain; 2011-2017

Blockchain > Investment Trends > Global Funding Trends

19 49

60

74

52 245

$0.0M

$1.7M

$0.0M

$0.5M

$1.0M

$1.5M

$2.0M

$2.5M

$3.0M

$3.5M

$4.0M

$4.5M

$5.0M

0

50

100

150

200

250

300

2001-2011 2012 2013 2014 2015 2016 2017 Total

Entrants in Funding Club Avg. Ticket Size

- - - 2 6 5 11 - - $0.4M $2.2M $1.7M $0.9M $1.9M $4.7M $1.7M


Blockchain > Investment Trends > Funding Trends by Geography

Investments ($M) and number of rounds in Blockchain

Funding Trends by Geography

Funding Trends by Geography Top Cities of Funding

City $ Funding # Rounds

Bay Area 556M 97

New York City 450M 59

Boston 142M 8

London 78M 43

Reno 36M 8

Osaka 32M 5

Tel Aviv 32M 9

Tower 28M 2

Toronto 26M 4

Singapore 25M 13

Total Funding

243

103

18

12

6

11

4

5

# Rounds

$1.3B

$170M

$35.5M

$34.8M

$34.1M

$32.8M

$6.7M

$4.8M

US

Europe

SEA

Israel

Japan

Canada

Australia

Latam

Note: Excludes funding information of China companies


Trend of Average Deal Size ($M)

$0.0$0.4

$1.8 $1.5

$0.8

$1.3 $1.4

2011 2012 2013 2014 2015 2016 2017

$0.0 $0.0

$9.0 $8.7$10.8

$8.0 $9.4

$0.0 $0.0 $0.0

$17.0 $19.9

$35.5$23.7

$0.0 $0.0 $0.0 $0.0

$50.0$33.6 $32.1

Blockchain > Investment Trends > Median Deal Size and Trend

Median and Average Deal Size in $M (per Stage) in Blockchain; 2011-2017

Median Deal Size and Trend

Note: Excludes funding information of Chinese companies. *Graph not to scale

Median Deal Size and Range

$5K* $11M

$50K $31M

$92K $80M

$50K $1B

$22M

$7M

$2.8M

$0.3M

Series C+

Series B

Series A

Seed

Stage


Note: 145 companies with undisclosed funding amount are not included

19

<$1M

$1-10M

$10-50M

$50-100M

$100M+

Funding Range

74

88

28

5

4

No. of Companies

Blockchain > Investment Trends > Distribution of companies by Funding Range

No. of companies by funding range in Blockchain; as of Jan 2018

Distribution of companies by Funding Range

$20M

$279M

$549M

$384M

$454M

$ Investment


Stage No. of CompaniesFunding Funnel

100%

25%

5%

2%

1%

20

Note: Numbers in the brackets show the count of companies

Time to raise next round

8

21

69

333

1351

Series C+

Series B

Series A

Funded

Founded

Next Round

100M+Valuation

ExitsAcqui-Hired

DeadPooled

Others

25% 1%(17)

0%(5)

1%(12)

3%(42)

71%(964)

21% 5%(16)

1%(4)

1%(4)

2%(5)

77%(255)

30% 17%(12)

- 1%(1)

- 68%(47)

38% 33%(7)

- - - 62%(13)

- 38%(3)

- - - 75%(6)

Blockchain > Investment Trends > Funding Funnel

Number of companies progressing to subsequent funding stages in Blockchain

Funding Funnel

11 Months

16 Months

7 Months

Investment backedBootstrapped

12

41

Soonicorns

Unicorns

Acquisitions

IPOs


Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)

Blockchain > Investment Trends > Notable Investments in last 24 months

Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018

Notable Investments in last 24 months (1/5)

LATE STAGE

$60M - Series D Jun 2016Circle (2013, Boston, $136M)Digital currency wallet for global money transfers

Baidu, CICC, China Everbright, Wanxiang America, CreditEase

$52.8M - Series C Dec 2017Blockstack (2013, New York City, $88.6M)Blockchain based identity management

$30.5M - Series C Dec 20174New (2017, London, $55.5M)Waste to Energy Blockchain Solution

Mirach Capital Group

$30M - Series C Jan 2017Bitfury (2012, San Francisco, $95M)Provider for Bitcoin mining hardware

Credit China Holdings

LATE STAGE

$15M - Series C Mar 2017Filament (2012, Reno, $35.6M)Decentralized Internet of Things stack

JetBlue Technology Ventures, CME Group, Flex Lab IX, Tappan Hill Ventures, Samsung NEXT, Resonant Venture Partners

$7.2M - Series C Jun 2016Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on Blockchain

EARLY STAGE

$107M - Series A May 2017R3 (2013, New York City, $107M)Consortium of financial enterprises aiming to create digital ledger technology

Intel Capital, SBI Group, Bank of America Merrill Lynch, Barclays, UBS

$60M - Series B Jan 2016Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on Blockchain

ABN AMRO Bank, Accenture, Australian Securities Exchange, BNP Paribas, Broadridge Financial Solutions, Citigroup, CME Group, Deutsche, JPMorgan, Santander InnoVentures, DTCC, PNC Financial Services Group, IBM, Euclid Opportunities, Goldman Sachs

$55M - Series B Sep 2016Ripple (2012, San Francisco, $90.5M)Open source payment protocol for cross border money transfer.

Standard Chartered, SBI Holdings, Digital Ventures






EARLY STAGE

$55M - Series A Feb 2016Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovation

Horizons Ventures, Digital Garage, Seven Seas Partners

$42.5M - Series B Dec 2017BitGo (2013, San Francisco, $54.5M)Multi-signature security for cryptocurrency payments

Valor Equity Partners, DRW Trading Group

$40M - Series B Oct 2017Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on Blockchain

$25M - Series B Nov 2017Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovation

G Lab

EARLY STAGE

$25M - Series B Aug 2017Blockstack (2013, New York City, $88.6M)Blockchain based identity management

OpenOcean, Rising Tide, Compound, Version One Ventures

$25M - Series B Oct 20174New (2017, London, $55.5M)Waste to Energy Blockchain Solution

$24M - Series B Mar 2017Veem (2014, San Francisco, $40M)B2B payment platform.

SBI Holdings, National Australia Bank, GV

$22M - Series B Oct 2017AION (2017, Toronto, $22M)Inter-blockchain operability network

Nuco

$20M - Series A Jun 2016Quoine (2014, Singapore, $22M)Multi service bitcoin exchange platform

JAFCO

EARLY STAGE

$18M - Series A Dec 2016Axoni (2016, New York City, $20M)Blockchain solutions for capital markets

Wells Fargo, Euclid Opportunities, Goldman Sachs, JPMorgan, Thomson Reuters, FPrime Capital Partners, Digital Currency Group, FinTech Collective

$17.5M - Series B Dec 2016TradeBlock (2013, New York City, $20.7M)Online cryptocurrency data and research

$16M - Series B Oct 2017Abra (2014, Mountain View, $30M)Fiat money remittance based on bitcoin

HCM International

$15M - Series B Sep 2017Tech bureau Lab (2015, Osaka, $25.8M)Japanese cryptocurrency technology company and Bitcoin Exchange operator

JAFCO

$9.5M - Series B Dec 2016Filament (2012, Reno, $35.6M)Decentralized Internet of Things stack






EARLY STAGE

$7.1M - Series A Jan 2016Gem (2014, Venice, $10.4M)Platform to develop blockchain applications

Pelion Venture Partners, Blockchain Capital, Digital Currency Group

$7M - Series A May 2017PeerNova (2013, San Jose, $26.6M)Provider of cryptographic development platform

$7M - Series A Jan 2016Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platform

$6.2M - Series A May 2016Tech bureau Lab (2015, Osaka, $25.8M)Japanese cryptocurrency technology company and Bitcoin Exchange operator

Arara, Infoteria, OKWAVE, Money Partners Group, Hiroshima Venture Capital

EARLY STAGE

$5.8M - Series A Dec 2016Wyre (2013, San Francisco, $7.5M)International money transfers using blockchain

Amway Southern Capital, Digital Currency Group, Draper Associates, Baofoo, Seabed VC, Boost VC, JiuFu

$5M - Series A May 2017Coins.ph (2013, Manila, $10M)Bitcoin wallet for transactions in Philippines

Naspers

$5M - Series A Oct 2016Coins.ph (2013, Manila, $10M)Bitcoin wallet for transactions in Philippines

Accion, Pantera Capital, Digital Currency Group, Wavemaker Partners, Global Brain, Rebright Partners, Kickstart Ventures, IdeaSpace Foundation

EARLY STAGE

$5M - Series A Mar 2016Elliptic (2014, London, $7M)Bitcoin's blockchain intelligence & risk management company

Paladin Capital, Santander InnoVentures, KRW Schindler, Digital Currency Group, Octopus Ventures

$4.2M - Series A Oct 2016Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise data

Draper Associates, PropertyInfo

$2.7M - Series A Apr 2017Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise data

Peeli Ventures, Harvest Partners

$2.5M - Series A Jan 2017BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.

Draper Associates, Greycroft Partners, BnkToTheFuture, Zephyr Management, Colle Capital






EARLY STAGE

$2M - Series A Nov 2016Billon Cash (2015, Warsaw, $5M)Digital fiat currency solution provider

$1.9M - Series A Jan 2016Uphold (2014, San Francisco, $15.5M)Multiple currency reserve and exchange platform.

$750k - Series A Feb 2017Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise data

Series B Jan 2017Abra (2014, Mountain View, $30M)Fiat money remittance based on bitcoin

IGNIA

Series A May 2016Axoni (2016, New York City, $20M)Blockchain solutions for capital markets

Citigroup

Series A Aug 2017BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.

EARLY STAGE

Series A Feb 2016BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.

Bitfury

Series A Jul 2017Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platform

Medici Ventures

Series A May 2017Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platform

Hundsun

Series A Jun 2017Loyyal (2014, San Diego, $1.5M)Royalty network based on Bitcoin.

INET, UAE Exchange

SEED STAGE

$3.4M - Seed Mar 2016Chronicled (2014, San Francisco, $5.3M)Product authentication on blockchain

$3M - Seed Dec 2016OB1 (2015, Fairfax, $4.2M)Blockchain based P2P marketplace

IPFS

$2M - Seed Mar 2017Slock.it (2015, Mittweida, $2M)Block chain based IoT smart contract solution

$1.7M - Seed May 2016Hijro (2014, Lexington, $2.5M)Software platform for cross-border B2B trade

FF Venture Capital, Fenbushi Capital, St Louis Arch Angels, Crosscut

$1.5M - Seed Feb 2016Loyyal (2014, San Diego, $1.5M)Royalty network based on Bitcoin.

Hayaat Group






SEED STAGE

$1.5M - Seed Jun 2016Mediachain (2015, New York City, $1.5M)Digital media association on blockchain.

RRE Ventures, Andreessen Horowitz, Union Square Ventures

$1.2M - Seed Apr 2017Bext360 (2016, Denver, $1.2M)End-to-end coffee supply chain management using artificial intelligence and blockchain

$890k - Seed Mar 2016Bitwala (2013, Utrecht, $890k)Bill payment via bitcoins

Digital Currency Group, KfW Bankengruppe, High-Tech Grunderfonds

$200k - Seed Jun 2017OB1 (2015, Fairfax, $4.2M)Blockchain based P2P marketplace

Digital Currency Group

SEED STAGE

Seed Jun 2016Everledger (2015, London, $120k)Preventing diamond fraud and theft

MasterCard Start Path

Seed Dec 2016Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technology

Deloitte

Seed Jul 2016Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technology

Seed Feb 2016Skuchain (2014, San Francisco)Blockchain based solution for B2B commerce

Digital Currency Group, Amino Capital, Fenbushi Capital



Blockchain > Investment Trends > Notable Investments in last 24 months in China


Notable Investments in last 24 months in China

EARLY STAGE

$22.5M - Series A Sep 2016JUZHEN (2014, Shanghai, $22.5M)Blockchain technology provides for financial

institutions

Wanxiang Group Corporation


Most Active Investors (VC, PE) by Stage in Blockchain; Last 5 years (Jan 2013-Jan 2018)

Most Active VC & PE Investors

27


Blockchain > Investment Trends > Most Active VC & PE Investors

SEED STAGE

Fenbushi Capital (11 Investments)Libra, Nebulous, Hijro

1

Blockchain Capital (9 Investments)Blockstream, Stem Disintermedia, BlockCypher

2

Y Combinator (8 Investments)Blockstack, Assembly, Onename

3

RRE Ventures (6 Investments)itBit, Abra, Paxos

4

Liberty City Ventures (5 Investments)itBit, Paxos, Libra

5

Union Square Ventures (4 Investments)OB1, Assembly, Onename

6

Andreessen Horowitz (3 Investments)Ripple, OB1, Mediachain

7

AME Cloud Ventures (3 Investments)Blockstream, BlockCypher, ShoCard

8

Draper Associates (3 Investments)Hijro, Bitwage, Stampery

9

SV Angel (3 Investments)Blockstack, LedgerX, Onename

10

EARLY STAGE

Blockchain Capital (5 Investments)Ripple, Abra, PeerNova

1

Andreessen Horowitz (4 Investments)TradeBlock, Keybase, Axoni

2

RRE Ventures (4 Investments)Ripple, Chain, HYPR Corp

3

Draper Associates (3 Investments)Funderbeam, Factom, BitPesa

4

Santander InnoVentures (3 Investments)Ripple, Digital Asset Holdings, Elliptic

5

Crosslink Capital (2 Investments)Filament, Mirror

6

Euclid Opportunities (2 Investments)Digital Asset Holdings, Axoni

7

FinTech Collective (2 Investments)TradeBlock, Axoni

8

FPrime Capital Partners (2 Investments)TradeBlock, Axoni

9

Global Brain (2 Investments)Coins.ph, Bluzelle

10

LATE STAGE

Backstage CapitalFilament

1

Fenway Summer VenturesCircle

2

IDG Capital PartnersCircle

3

Intel CapitalFilament

4

JetBlue Technology VenturesFilament

5

Oak Investment PartnersCircle

6

Radicle Impact PartnerseCM

7

Resonant Venture PartnersFilament

8

Samsung NEXTFilament

9

Tappan Hill VenturesFilament

10


Blockchain > Investment Trends > Most Active Ecosystem Investors

Top Ecosystem Investors in Blockchain; Last 5 years (Jan 2013-Jan 2018)

Most Active Ecosystem Investors

INCUBATOR

Boost VC (27 Investments)Veem, Abra, BlockCypher

1

500 Startups (12 Investments)Chain, BlockCypher, Hijro

2

Techstars (11 Investments)Filament, Chainalysis, The Sun Exchange

3

Barclays Accelerator (6 Investments)Chainalysis, Wala, Everledger

4

Kickstart Accelerator (6 Investments)Blocko, Modum, Minebox

5

Alchemist Accelerator (2 Investments)Freeport Mobile, SuchFlex

6

SparkLabs (2 Investments)Blocko, Sentbe

7

ABBALabCOMSA

8

AmplifyGem

9

Axel Springer Plug and Play AcceleratorCoyno

10

OTHER NOTABLE INVESTORS

Digital Currency Group (53 Investments)Ripple, itBit, Circle

1

Pantera Capital (13 Investments)Circle, Chain, Veem

2

Startupbootcamp (13 Investments)Hijro, Euklid, Epiphyte

3

Plug and Play Tech Center (11

Investments)Factom, BitPesa, Manifold Technology

4

Coinsilium (5 Investments)Factom, Rivetz, RootStock

5

FundersClub (5 Investments)LedgerX, Assembly, Chainalysis

6

Crypto Currency Partners (4 Investments)Bitfury, LedgerX, PeerNova

7

SBI Holdings (4 Investments)Ripple, Veem, Wirex

8

BnkToTheFuture (3 Investments)Factom, BitPesa, Bitwage

9

CME Group (3 Investments)Ripple, Digital Asset Holdings, Filament

10

DEBT INVESTORS

Silicon Valley BankVeem

1


Blockchain > Investment Trends > Investors in Unicorn club

Investors in Unicorn Club (1/3)








Blockchain > Investment Trends > Unicorn Investors in the Sector

Unicorn Investors in the Sector


Contents

Feed Summary

Investment Trend

Market Details

Exit Outlook

Investors

News

Appendix

33

BlueBox

Key Sub Sectors

Detailed Sector Taxonomy

Top Markets of Investment Activity

Top Markets of Early Stage Investors

Other Notable Markets

Market Deep Dive



3D PrintingDec 2017

Consumer RoboticsNov 2017

Industrial Internet of ThingsNov 2017

https://tracxn.com/reports/7Eg0m9fXa_RtdxeAo_oSyQ/3D Printing Sector Landscape Report?utm_source=Blockchain-Report-Market Details&utm_medium=Mktg-Page-3D-Printing-Report&utm_campaign=3D-Printing-Report-Button&utm_content=Download

https://tracxn.com/reports/2LroL_AwfkzNNSHeLMetng/Consumer Robotics Sector Landscape Report?utm_source=Blockchain-Report-Market Details&utm_medium=Mktg-Page-Consumer-Robotics-Report&utm_campaign=Consumer-Robotics-Report-Button&utm_content=Download

https://tracxn.com/reports/AwrxHU3LP9fBUafEoVDERg/Industrial Internet of Things Sector Landscape Report?utm_source=Blockchain-Report-Market Details&utm_medium=Mktg-Page-Industrial-Internet-of-Things-Report&utm_campaign=Industrial-Internet-of-Things-Report-Button&utm_content=Download

https://blog.tracxn.com/request-for-demo?utm_source=Blockchain-Report-Market Details&utm_medium=Mktg-Page-Demo&utm_campaign=Blockchain-Demo-Button&utm_content=Demo


December 2017Tracxn BlueBox – Blockchain

35

Blockchain > Market Details > BlueBox


Key Sub Sectors

36

Key Sub Sectors in Blockchain

Market Top Companies# Cos

Tracked#

FundedTotal

Funding

Financial ServicesCompanies that offer blockchain-enabled financial services

Cryex (2013, Stockholm, Acquired)Circle (2013, Boston, $136M)

457 137 $790M

TechnologyCompanies enabling blockchain technology implementation

Hyperledger Project (2014, San Francisco, Acquired)R3 (2013, New York City, $107M)

315 68 $538M

EnterpriseCompanies that provide enterprise applications through a blockchain

Mediachain (2015, New York City, Acquired)Blockstack (2013, New York City, $88.6M)

339 84 $250M

ConsumerCompanies that provide marketplaces powered by blockchain

4New (2017, London, $55.5M)Keybase (2013, New York City, $10.8M)

222 39 $108M

DAOCompanies that are run as decentralised autonomous organizations with the assistance of smart contracts and blockchains

Wings (2016, Zug, $1.7M)Aragon (2016, San Francisco, 0)

14 4 $1.7M

Blockchain > Market Details > Key Sub Sectors


Detailed Sector Taxonomy (1/6)

37

Blockchain > Market Details > Detailed Sector Taxonomy



38




39




40




41




42



Rank MarketLast 2 Years

$ Invested # Round Top Funded Company

1(+2)

Financial Services > Trading > Capital MarketsCompanies that enable capital market investments with a blockchain(Companies covered 34 | Funded 16 | Total Funding $246M)

$147M(+$67.1M)

15(+2)

Digital Asset Holdings(2014, New York City, $110M)

2(-1)

Technology > Application Development PlatformCompanies that provide platforms for developing blockchains(Companies covered 87 | Funded 33 | Total Funding $263M)

$133M(+$30.6M)

22(+1)


3(+7)

Technology > Service ProvidersCompanies that provide blockchain development as a service(Companies covered 102 | Funded 15 | Total Funding $136M)

$133M(+$129M)

11(+8)

R3(2013, New York City, $107M)

4(+1)

Enterprise > Distributed IdentityCompanies that help store identity related data on a blockchain(Companies covered 27 | Funded 11 | Total Funding $110M)

$98.5M(+$86.5M)

11(+1)

Blockstack(2013, New York City, $88.6M)

5(-3)

Financial Services > Payments > Money Transfer > P2PCompanies that enable peer to peer transfer of money with a blockchain(Companies covered 67 | Funded 18 | Total Funding $194M)

$89.2M(-$6.4M)

9(-4)

Circle(2013, Boston, $136M)

6(-2)

Financial Services > Payments > Money Transfer > B2BCompanies that enable transfer of money for enterprises with a blockchain(Companies covered 21 | Funded 11 | Total Funding $152M)

$88.8M(+$39.7M)

7(-4)

Ripple(2012, San Francisco, $90.5M)

7(+8)

Consumer > EnergyCompanies that provide energy marketplaces on a blockchain(Companies covered 24 | Funded 7 | Total Funding $63.4M)

$63.4M(+$63.4M)

7(+7)

4New(2017, London, $55.5M)

43

Note: The numbers in the bracket represent the change in a 2 year period.

Top Markets of Investment Activity (1/2)

Top Markets by Funding in Blockchain in last 2 years (January 2016 - December 2017)

Blockchain > Market Details > Top Markets of Investment Activity


Top Markets of Investment Activity (2/2)

Blockchain > Market Details > Top Markets of Investment Activity


Top Markets of Early Stage InvestorsBlockchain > Market Details > Top Markets of Early Stage Investors


Rank MarketLast 2 Years

# of Comp Founded $ Invested # Round Top Funded Company

1Financial Services > Payments > Money TransferCompanies that enable transfer of money with a blockchain(Companies covered 29 | Funded 11 | Total Funding $12.9M)

15 $7.6M(+$7.6M)

6(+6)

Chronobank.io(2016, Sydney, $5.4M)

2Consumer > P2P CommerceCompanies that provide blockchain based P2P commerce platforms(Companies covered 20 | Funded 5 | Total Funding $4.7M)

10 $6.5M(+$6.5M)

4(+4)

Blockchain Foundry(2016, Toronto, 0)

3Financial Services > Investments > Investment FundCompanies that handle fund-raising and portfolio tracking with a blockchain(Companies covered 21 | Funded 4 | Total Funding $11.4M)

16 $11.4M(+$11.4M)

3(+3)

Polychain(2016, San Francisco, $10M)

4Enterprise > Supply ChainCompanies that provide enterprise supply chain solutions on a blockchain(Companies covered 36 | Funded 6 | Total Funding $5.3M)

25 $5.3M(+$5.3M)

4(+4)

Arc Net NI(2015, Antrim, $2.5M)

5Financial Services > BankingCompanies that provide blockchain based banking solutions(Companies covered 25 | Funded 10 | Total Funding $4.8M)

8 $3.4M(+$3.4M)

4(+4)

Wirex(2014, London, $3M)

6Enterprise > Ownership Authentication > Documents Companies that provide ownership authentication for documents over blockchain(Companies covered 23 | Funded 12 | Total Funding $1.5M)

8 $112k(+$112k)

5(+5)

KeeeX(2014, Marseille, $112k)

7Consumer > Digital ContentCompanies that provide digital content marketplaces on a blockchain(Companies covered 33 | Funded 4 | Total Funding $4.3M)

19 $4M(+$4M)

3(+3)

Decent(2015, Geneva, $3.5M)

46

Other Notable Markets (1/2)

Other Notable Markets with high Entrepreneurial Activity in Blockchain in last 2 years (January 2016 - December 2017)

Blockchain > Market Details > Other Notable Markets


Other Notable Markets (2/2)

Blockchain > Market Details > Other Notable Markets


Incubators

Seed Canaan Partners (#2), RRE Ventures (#2)

Series A/B Citigroup (#2), JPMorgan (#2)

Series C+ None

$40M - Series BDigital Asset Holdings (2014, New

York City, $110M)

AngelCobalt (2015, London)

$1.7M - SeedOpenLedger (2015, Hune, $1.7M)

$11.4M - Series BLedgerX (2014, New York City, $16.4M)

$7M - Series APeerNova (2013, San Jose, $26.6M)

$18M - Series AAxoni (2016, New York City, $20M)

Series ALedgerX (2014, New York City, $16.4M)

SeedCobalt (2015, London)

SeedSetl (2015, London)

Series AOTC Exchange Network (OTCXN)

(2016, San Francisco)

$1.5M - SeedCrypto Facilities (2014, London,

$1.5M)

Oct 2017Swedish bitcoin exchange Safello acquires blockchain firm Cryex, Tech.eu

Oct 2017Blockchain Innovation Lab Partners with Philippine University, chain-finance.com

Oct 2017Cobalt selects Solace for data delivery on FX post-trade processing network, PR Newswire

Oct 2017 SmartContract unveils PoC, BankingTechnology

Oct 2017 Blockchain startup Digital Asset raises $40 million, Reuters

Sep 2017SETL launches blockchain platform for European fund record-keeping, SiliconAngle

Aug 2017Smartcontract.com Unveils Chainlink Plans: Adds To Advisory Board, Financial IT

Aug 2017 Joseph Ratterman Joins Axoni's Board of Directors, Citybizlist

Aug 2017Bats co-founder accepts board seat at NY tech firm, The Business Journals

Aug 2017

Cobalt, has closed an investment from Henry Ritchotte, the former Deutsche Bank COO who will also become a member of Cobalt’s strategic advisory board., Chatsworth Communications

Jul 2017Euroclear and Paxos End Blockchain Gold Settlement Partnership, Inside Bitcoins

Jul 2017LedgerX becomes first federally supervised options venue for bitcoin, Automated Trader

Jul 2017 ChainLink Announces v1.0, Chain-Finance

Jun 2017BankChain Selects Microsoft Azure As Exclusive Cloud Partner, CXOtoday

News

0

2

4

6

8

10

12

$0k

$20M

$40M

$60M

$80M

$100M

2014 2015 2016 2017 2018

YoY Funding Rounds

-

6

10

16

34

M&A/IPO

Series C+

Series A+

Funded

CompaniesCovered

Funding Funnel

Financial Services > Trading > Capital Markets: Market Factsheet

Market: Capital Markets

48

Exits

Most Active Investors

Recent Investments

YoY Funding and Rounds

Companies that enable capital market investments with a blockchain

Digital Asset Holdings(2014, New York City, $110M)

Paxos(2013, New York City, $32M)

itBit(2012, Tower, $28.3M)

PeerNova(2013, San Jose, $26.6M)

Axoni(2016, New York City, $20M)

Top Companies

#1 Top Markets of Investment Activity

Blockchain > Market Details > Market: Capital Markets

Companies Created 34 | Funded 16 | Total Funding $246M

http://tech.eu/brief/safello-cryex

http://www.chain-finance.com/2017/10/23/blockchain-innovation-lab-partners-with-philippine-university/

https://www.prnewswire.com/news-releases/cobalt-selects-solace-for-data-delivery-on-fx-post-trade-processing-network-300539602.html

http://www.bankingtech.com/1037812/smartcontract-unveils-poc/

http://in.reuters.com/article/us-digital-asset-funding/blockchain-startup-digital-asset-raises-40-million-idINKBN1CL22G

http://siliconangle.com/blog/2017/09/15/setl-launches-blockchain-platform-european-fund-record-keeping

http://financialit.net/news/blockchain/smartcontractcom-unveils-chainlink-plans-adds-advisory-board

http://newyork.citybizlist.com/article/435960/joseph-ratterman-joins-axonis-board-of-directors

https://www.bizjournals.com/kansascity/news/2017/08/15/bats-co-founder-ratterman-joins-axoni-board.html

http://www.chatsworthcommunications.com/cobalt-closes-investment-former-deutsche-bank-coo-henry-ritchotte-also-joins-strategic-advisor/

http://insidebitcoins.com/news/euroclear-and-paxos-end-blockchain-gold-settlement-partnership/64666

http://www.automatedtrader.net/headlines/157844/ledgerx-becomes-first-federally-supervised-options-venue-for--bitcoin

http://blockchain-finance.com/2017/07/03/chainlink-announces-v1-0/

http://www.cxotoday.com/story/bankchain-selects-microsoft-azure-as-exclusive-cloud-partner/


Financial Services > Trading > Capital Markets: Top Companies

Market: Capital MarketsBlockchain > Market Details > Market: Capital Markets


Analyst’s Pick







Axoni (2016, New York City, $20M)Blockchain solutions for capital marketsMinicorn. Stage: Series A

Wells Fargo, Euclid Opportunities, Goldman Sachs and 7 Other Investors

Analyst’s Pick

LedgerX (2014, New York City, $16.4M)Institutional derivatives exchange. Editor's Pick. Stage: Series B

MIAX Options, Huiyin Blockchain Ventures, GV and 6 Other Investors

Cryex (2013, Stockholm, $10M)Multi-Currency matching platform. Minicorn. Stage: Acquired

Northzone, White Star Capital, SparkLabs Global Ventures, Isomer Capital

Epiphyte (2013, London, $70.4k)Enterprise software for integrating financial institutions with cryptofinancial networks. Minicorn. Stage: Seed

Startupbootcamp, Force Over Mass Capital, Plug and Play Tech Center

Domus Tower (2014, San Francisco)Realtime equity trade settlement solutionMinicorn. Stage: Seed

Plug and Play Tech Center

Analyst’s Pick

Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technologyMinicorn. Stage: Seed

Deloitte

SmartContracts (2014, New York City)Blockchain based contractual agreementsEditor's Pick. Stage: Seed

Data Collective, Underscore VC, BlockVentures Capital




https://tracxn.com/companies/GCckvhdxlDwuhHhSfmice_GAvsrUrW1wEe9dGpIGj4o/axoni.com

https://tracxn.com/companies/e0Q1LIfW52Yr9rcaBfqXz-tN6A3lpuVYhTstAVk_-SA/ledgerx.com


Incubators 500 Startups (#2), Boost VC (#1)

Seed Blockchain Capital (#1), Spark Capital (#1)

Series A/B Digital Currency Group (#4), Nasdaq (#2)

Series C+ Credit China Holdings (#1)

BTL Dec - 2011IPO'd on CVE

SeedIOTA (2015, Drammen)

$14.5M - Series BColu (2014, Tel Aviv, $26.6M)

$1.2M - Series AStratumn (2015, Paris, $9.7M)

$22M - Series BAION (2017, Toronto, $22M)

$15M - Series BTech bureau Lab (2015, Osaka,

$25.8M)

$817k - AngelArabianChain (2016, Dubai, $817k)

$7.9M - Series AStratumn (2015, Paris, $9.7M)

$2.7M - Series AFactom (2014, Austin, $10.7M)

$750k - Series AFactom (2014, Austin, $10.7M)

$30M - Series CBitfury (2012, San Francisco, $95M)

SeedSettlemint (2016, Brussels)

Dec 2017Synereo Integrates Changelly’s API, Allows Users to Purchase AMPs Using Any Currency, Coinspeaker

Dec 2017GEM Bags Bulk Raw Material Supply Deal With Chinese Lithium Battery Maker, Yicai Global

Dec 2017GM Financial Joins Hyperledger to Test Blockchain, Auto Finance News

Dec 2017Vela Technologies Nets CAD175,000 From Further BTL Stake Sale, Morningstar

Dec 2017Petroteq Energy Subsidiary, Petrobloq, Announces Membership in Hyperledger , NewMediaWire

Dec 2017New Chain Platform Ivy Brings Smart Contracts to Bitcoin, profitmaker.tips

Dec 2017Blockchain Firms Team with Aion to Expand Interoperability on Global Scale, BlockTribune

Dec 2017Ethereum's price surpasses $700 in another astonishing crypto-rally, Mashable

Dec 2017 Colu Mixes VC and ICO for $14.5 Million Fundraise, CoinDesk

Dec 2017 BTL(TM) Confirms No Material Change, GlobeNewswire

Dec 2017Hut 8 Partners with the Bitfury Group to Establish North America’s Largest Bitcoin Datacenters, Business Wire

Dec 2017BTL Group: A First-Mover In Blockchain Technology, Seeking Alpha

Nov 2017Vela Technologies Ups Stake In BTL Group For Well Below Market Price (ALLISS), LSE Spreads

News

9

10

11

12

13

$0k

$20M

$40M

$60M

$80M

$100M

2014 2015 2016 2017 2018

YoY Funding Rounds

1

3

10

33

87

M&A/IPO

Series C+

Series A+

Funded

CompaniesCovered

Funding Funnel

Technology > Application Development Platform: Market Factsheet

Market: Application Development Platform

50

Exits


Recent Investments


Companies that provide platforms for developing blockchains


Chain(2014, San Francisco, $43.7M)

Colu(2014, Tel Aviv, $26.6M)

Tech bureau Lab(2015, Osaka, $25.8M)

AION(2017, Toronto, $22M)

Top Companies


Blockchain > Market Details > Market: Application Development Platform


https://www.coinspeaker.com/2017/12/26/synereo-integrates-changellys-api-allows-users-purchase-amps-using-currency/

https://yicaiglobal.com/news/gem-bags-bulk-raw-material-supply-deal-chinese-lithium-battery-maker

https://www.autofinancenews.net/gm-financial-joins-hyperledger-to-test-blockchain/

http://morningstar.co.uk/uk/news/AN_1513770075363263100/vela-technologies-nets-cad175000-from-further-btl-stake-sale.aspx

http://www.newmediawire.com/news/petroteq-energy-subsidiary-petrobloq-announces-membership-in-hyperledger-4820298

https://profitmaker.tips/?p=8531

http://blocktribune.com/blockchain-firms-team-aion-expand-interoperability-global-scale/

http://mashable.com/2017/12/13/ethereum-700/?utm_cid=hp-h-13#2EDNVtodXmqQ

http://coindesk.com/blockchain-startup-colu-raises-14-5-million-new-funding

http://globenewswire.com/news-release/2017/12/11/1251033/0/en/BTL-TM-Confirms-No-Material-Change.html

http://www.businesswire.com/news/home/20171204005288/en/Hut-8-Partners-Bitfury-Group-Establish-North

http://seekingalpha.com/article/4129251-btl-group-first-mover-blockchain-technology

http://lse.co.uk/AllNews.asp?code=4gql041u&headline=Vela_Technologies_Ups_Stake_In_BTL_Group_For_Well_Below_Market_Price_ALLISS


Technology > Application Development Platform: Top Companies

Market: Application Development Platform (1/2)



Analyst’s Pick





Colu (2014, Tel Aviv, $26.6M)Bitcoin based asset issuance and management platformEditor's Pick. Stage: Series B

IDB, Spark Capital, BoxGroup and 2 Other Investors

Tech bureau Lab (2015, Osaka, $25.8M)Japanese cryptocurrency technology company and Bitcoin Exchange operatorMinicorn. Stage: Series B

JAFCO, Infoteria, Arara and 5 Other Investors

Analyst’s Pick

AION (2017, Toronto, $22M)Inter-blockchain operability networkEditor's Pick. Stage: Series B

Nuco

Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise dataMinicorn. Stage: Series A

Peeli Ventures, Harvest Partners, Bill & Melinda Gates Foundation and 10 Other Investors

Gem (2014, Venice, $10.4M)Platform to develop blockchain applicationsMinicorn. Stage: Series A

Pelion Venture Partners, KEC Ventures, Blockchain Capital and 14 Other Investors

BlockCypher (2013, Redwood City, $3.5M)Cloud-optimized full blockchain nodesMinicorn. Stage: Seed

Fenox Venture Capital, Upside Partnership, AME Cloud Ventures and 11 Other Investors

Analyst’s Pick

SolidX Partners (2014, New York City, $3M)Digital currency investment software and blockchain platformMinicorn. Stage: Seed

Liberty City Ventures, Red Sea Ventures, Red Swan Ventures, Raptor Group

BTL (2011, Vancouver)Blockchain based development platforms for businessesMinicorn. Stage: Public

Vela Technologies, Level39

AI-BlockChain (2014, New York City)AI enhanced blokchain solution provider. Editor's Pick. Stage: Unfunded

ChainReactor (2016, Indianapolis)Blockchain development platform supporting multiple chainsEditor's Pick. Stage: Unfunded



https://tracxn.com/companies/FDx7ywygB7u87o6V6I-vekRrIBjkm1sDEFKPm7nhMMs/colu.com

https://tracxn.com/companies/1lPK_8U2-aAYeR97NoGS57Ninl1hPAYHtwC6O4O7k3E/techbureau.jp

https://tracxn.com/companies/NSAqSdN2x56q5D_uuT83KBx54l1Z6bbT9ZXo6zk8ZN4/factom.com

https://tracxn.com/companies/JwNYvsSPCY23WJZD5W1xro2u5VOFK9857AKDG_LY_xo/gem.co

https://tracxn.com/companies/Pfvx8wwYRdT2ZgLRdHWCmO8MviZwIQJ9W1rjCjkzEWU/blockcypher.com


Technology > Application Development Platform: Top Companies

Market: Application Development Platform (2/2)



Analyst’s Pick

Ethereum (2013, Toronto)Cryptocurrency 2.0 NetworkEditor's Pick. Stage: Funded

Winklevoss Capital, Yushan Ventures, 6Degrees Ventures

IOTA (2015, Drammen)Machine to machine payments token on a directed acylic graph based mechanism. Editor's Pick. Stage: Seed

Robert Bosch Venture Capital, Outlier Ventures

Kadena (2016, New York City)Private distributed ledger technology solutions for enterprisesEditor's Pick. Stage: Funded

Asimov Ventures

KrypC Technologies (2016, Bangalore)Full stack Blockchain solutionEditor's Pick. Stage: Unfunded

Settlemint (2016, Brussels)Blockchain middleware development solutionsEditor's Pick. Stage: Seed

Overstock


Incubators E.ON agile (#1), Founders Factory (#1)

Seed Pamica (#1), Partech Ventures (#1)

Series A/B Intel Capital (#1)

Series C+ None

$2.8M - Series APrasos (2012, Jyvaskyla, $2.8M)

$500k - SeedMobius (2017, San Francisco, $500k)

SeedWallet. Services (2016, Edinburgh)

$589k - SeedOraclize (2015, London, $589k)

SeedLuther Systems (2015, London)

$2.2M - SeedIntellectEU (2003, Jersey City, $2.2M)

$107M - Series AR3 (2013, New York City, $107M)

$2M - SeedCambridge Blockchain (2015,

Cambridge, $2M)

$17.5M - Series BTradeBlock (2013, New York City,

$20.7M)

SeedSettleMint (2016, Antwerp)

SeedCambridge Blockchain (2015,

Cambridge, $2M)

Dec 2017Primechain Adds Another Blockchain X-Border Payments Tool To India, FinTechnewsToday

Dec 2017Update: Prasos Achieves €2 Million Through Equity Crowdfunding Round on Invesdor, Crowdfund Insider

Dec 2017 ABI Lab trials blockchain solution with R3, FStech

Dec 2017 R3 appoints new South West and Wales chair , Insider Media

Dec 2017 NH Bank Joins R3 Blockchain Consortium, profitmaker.tips

Dec 2017ConsenSys Ventures has made its first four investments, TechCrunch

Nov 2017Decentral Inc. Appoints Addison Cameron-Huff as President, Marketwired

Nov 2017Ethereum studio ConsenSys opens European Hub in London, International Business Times

Nov 2017 MAS, R3 test blockchain in payments, The Business Times

Nov 2017SIA and R3 Partner to Accelerate the Adoption of Blockchain Applications by 600 Banks and Corporates, Business Wire

Oct 2017Top banks and R3 build blockchain-based payments system, Reuters

Oct 2017Civil Announces $5 Million In Funding From ConsenSys, PR Newswire

Oct 2017 Former Strate CEO becomes blockchain ambassador, ITWeb

Oct 2017Court Dismisses $1 Billion R3 Lawsuit Against Ripple, CryptoCoinsNews

Oct 2017Accuity partners R3 for financial crime screening on DLT, Finextra

News

0

2

4

6

8

10

$0k

$20M

$40M

$60M

$80M

$100M

$120M

$140M

2014 2015 2016 2017 2018

YoY Funding Rounds

-

2

5

15

102

M&A/IPO

Series C+

Series A+

Funded

CompaniesCovered

Funding Funnel

Technology > Service Providers: Market Factsheet

Market: Service Providers

53

Exits


Recent Investments


Companies that provide blockchain development as a service

R3(2013, New York City, $107M)

TradeBlock(2013, New York City, $20.7M)

Prasos(2012, Jyvaskyla, $2.8M)

IntellectEU(2003, Jersey City, $2.2M)

Cambridge Blockchain(2015, Cambridge, $2M)

Top Companies


Blockchain > Market Details > Market: Service Providers


http://fintechnewstoday.com/primechain-adds-another-blockchain-x-border-payments-tool-to-india/

https://www.crowdfundinsider.com/2017/12/126206-update-prasos-achieves-e2-million-equity-crowdfunding-round-invesdor/

http://fstech.co.uk/fst/ABI_Lab_R3_Corda_PoC.php

https://www.insidermedia.com/insider/national/r3-appoints-new-south-west-and-wales-chair


https://techcrunch.com/2017/12/04/consensys-ventures-has-made-its-first-four-investments/

http://www.marketwired.com/press-release/decentral-inc-appoints-addison-cameron-huff-as-president-2241409.htm

http://www.ibtimes.co.uk/ethereum-studio-consensys-opens-european-hub-london-1648018

http://www.businesstimes.com.sg/hub-projects/singapore-fintech-festival-2017/mas-r3-test-blockchain-in-payments

http://businesswire.com/news/home/20171106005676/en/SIA-R3-Partner-Accelerate-Adoption-Blockchain-Applications

http://reuters.com/article/us-banks-blockchain-r3/top-banks-and-r3-build-blockchain-based-payments-system-idUSKBN1D00ZB

https://www.prnewswire.com/news-releases/civil-announces-5-million-in-funding-from-consensys-300542605.html

http://www.itweb.co.za/index.php?option=com_content&view=article&id=165743:Former-Strate-CEO-becomes-blockchain-ambassador&catid=69

https://www.cryptocoinsnews.com/1-billion-r3-lawsuit-against-ripple-dismissed-by-delaware-judge/

https://www.finextra.com/newsarticle/31188/accuity-partners-r3-for-financial-crime-screening-on-dlt


Technology > Service Providers: Top Companies

Market: Service ProvidersBlockchain > Market Details > Market: Service Providers


Analyst’s Pick

R3 (2013, New York City, $107M)Consortium of financial enterprises aiming to create digital ledger technologyEditor's Pick. Stage: Series A

Intel Capital, SBI Group, HSBC Group and 7 Other Investors

TradeBlock (2013, New York City, $20.7M)Online cryptocurrency data and research Minicorn. Stage: Series B

Andreessen Horowitz, FinTech Collective, Barry Silbert and 5 Other Investors

Hashcove (2014, Chandigarh)Blockchain products company working on KYC and smart contracts. Editor's Pick. Stage: Unfunded

Primechain Technologies (2016, Pune)APIs for enterprise to add Blockchain solutions to their legacy systemsEditor's Pick. Stage: Unfunded

https://tracxn.com/companies/V7rdhAXiQ__G8TXrIfV5u8puDwo8mv6PZdcC9KTnzZ8/r3.com

https://tracxn.com/companies/_Ww1U60J23r-qicZ-uPruX0fgi_ACFoLeG4WTOVu6hc/tradeblock.com


Market: Distributed Identity

55


Blockchain > Market Details > Market: Distributed Identity



Market: Distributed IdentityBlockchain > Market Details > Market: Distributed Identity



Market: P2P

57


Blockchain > Market Details > Market: P2P



Market: P2P (1/2)




Market: P2P (2/2)




Market: B2B

60


Blockchain > Market Details > Market: B2B



Market: B2BBlockchain > Market Details > Market: B2B



Market: Energy

62


Blockchain > Market Details > Market: Energy

Companies Created 24 | Funded 7 | Total Funding $63.4M


Market: Distributed Storage

63


Blockchain > Market Details > Market: Distributed Storage



Market: Distributed StorageBlockchain > Market Details > Market: Distributed Storage



Market: Digital Rights Management

65


Blockchain > Market Details > Market: Digital Rights Management



Market: Digital Rights ManagementBlockchain > Market Details > Market: Digital Rights Management



Market: Security

67


Blockchain > Market Details > Market: Security



Market: SecurityBlockchain > Market Details > Market: Security



Market: Sidechain

69


Blockchain > Market Details > Market: Sidechain



Market: SidechainBlockchain > Market Details > Market: Sidechain



Market: Internet Of Things

71


Blockchain > Market Details > Market: Internet Of Things



Market: Internet Of ThingsBlockchain > Market Details > Market: Internet Of Things



Market: Investment Fund

73

#3 Top Markets of Early Stage Investors

Blockchain > Market Details > Market: Investment Fund



Market: Investment FundBlockchain > Market Details > Market: Investment Fund



Market: Trading

75


Blockchain > Market Details > Market: Trading



Market: TradingBlockchain > Market Details > Market: Trading



Market: Money Transfer

77

#1 Other Notable Markets

Blockchain > Market Details > Market: Money Transfer



Market: Money TransferBlockchain > Market Details > Market: Money Transfer



Market: P2P Commerce

79


Blockchain > Market Details > Market: P2P Commerce



Market: P2P CommerceBlockchain > Market Details > Market: P2P Commerce



Market: Supply Chain

81


Blockchain > Market Details > Market: Supply Chain



Market: Supply ChainBlockchain > Market Details > Market: Supply Chain



Market: Banking

83


Blockchain > Market Details > Market: Banking



Market: BankingBlockchain > Market Details > Market: Banking



Market: Documents

85


Blockchain > Market Details > Market: Documents



Market: DocumentsBlockchain > Market Details > Market: Documents



Market: Digital Content

87


Blockchain > Market Details > Market: Digital Content



Market: Digital ContentBlockchain > Market Details > Market: Digital Content



Market: Record Keeping

89


Blockchain > Market Details > Market: Record Keeping



Market: Record KeepingBlockchain > Market Details > Market: Record Keeping



Public Companies

Contents

Feed Summary

Investment Trend

Market Details

Exit Outlook

Investors

News

Appendix

91

Notable Acquisitions

Top Acquirers

Acqui-hires






https://tracxn.com/reports/rh2_gC3Inr5132Oyzz_vjA/MarketingTech Sector Landscape Report?utm_source=Blockchain-Report-Exit-Outlook&utm_medium=Mktg-Page-MarketingTech-Report&utm_campaign=MarketingTech-Report-Button&utm_content=Download

https://tracxn.com/reports/3TMmsOEw30ts_oFVqByixg/Sales Force Automation Sector Landscape Report?utm_source=Blockchain-Report-Exit-Outlook&utm_medium=Mktg-Page-Sales-Force-Automation-Report&utm_campaign=Sales-Force-Automation-Report-Button&utm_content=Download

https://tracxn.com/reports/SyZeKDXlfudqFLACFHzEcg/Consumer HealthTech Sector Landscape Report?utm_source=Blockchain-Report-Exit-Outlook&utm_medium=Mktg-Page-Consumer-HealthTech-Report&utm_campaign=Consumer-HealthTech-Report-Button&utm_content=Download

https://blog.tracxn.com/request-for-demo?utm_source=Blockchain-Report-Exit Outlook&utm_medium=Mktg-Page-Demo&utm_campaign=Blockchain-Demo-Button&utm_content=Demo


Acqui-hires

93

List of Acqui-hires in Blockchain

Excludes all details for Chinese companies

Date Target

Nov-17 Minebox Acq by ClearCenter

Oct-17 Cryex Acq by Safello

May-17 Proof of existence Acq by Canaan

Apr-17 Mediachain Acq by Spotify

Apr-16Elevence Digital Finance Acq by Digital Asset Holdings

Feb-16 XAPCASH Technologies Acq by BTL

Oct-15Blockstack Acq by Digital Asset Holdings

Jun-15Blockchain Technologies Corp Acq by Global Arena Holding

Jun-15Hyperledger Project Acq by Digital Asset Holdings

Jun-15Bits of Proof Acq by Digital Asset Holdings

Feb-15 Tagpesa Acq by Igot

Jun-14 GreencoinX Acq by GreenBank Captial

Blockchain > Exit Outlook > Acqui-hires

View all 12 Acqui-hired companies on Tracxn Platform

https://tracxn.com/theme/feedview/55310836e4b0082283957b6f#%7CacquisitionAmount%5Emin%3Dnull%5Emax%3D100000000%7CtotalMoneyRaised%5Emin%3Dnull%5Emax%3D20000000%7CcompanyStage%3DAcquired%7Csort%3DdatePublished


Contents

Feed Summary

Investment Trend

Market Details

Exit Outlook

Investors

News

Appendix

94

Details on VC & PE Investors

Details on Top Ecosystem Players



3D PrintingDec 2017



https://tracxn.com/reports/7Eg0m9fXa_RtdxeAo_oSyQ/3D Printing Sector Landscape Report?utm_source=Blockchain-Report-Investors&utm_medium=Mktg-Page-3D-Printing-Report&utm_campaign=3D-Printing-Report-Button&utm_content=Download

https://tracxn.com/reports/2LroL_AwfkzNNSHeLMetng/Consumer Robotics Sector Landscape Report?utm_source=Blockchain-Report-Investors&utm_medium=Mktg-Page-Consumer-Robotics-Report&utm_campaign=Consumer-Robotics-Report-Button&utm_content=Download

https://tracxn.com/reports/AwrxHU3LP9fBUafEoVDERg/Industrial Internet of Things Sector Landscape Report?utm_source=Blockchain-Report-Investors&utm_medium=Mktg-Page-Industrial-Internet-of-Things-Report&utm_campaign=Industrial-Internet-of-Things-Report-Button&utm_content=Download

https://blog.tracxn.com/request-for-demo?utm_source=Blockchain-Report-Investors&utm_medium=Mktg-Page-Demo&utm_campaign=Blockchain-Demo-Button&utm_content=Demo



Blockchain > Investors > Index of Most Active VC & PE Investors

Index of Top Investors (VC, PE) by Stage in Blockchain; Last 5 years (Jan 2013 - Dec 2017)

Index of Most Active VC & PE Investors

SEED STAGE

Fenbushi Capital (11 Investments)

Blockchain Capital (9 Investments)

Y Combinator (8 Investments)

RRE Ventures (6 Investments)

Liberty City Ventures (5 Investments)

Union Square Ventures (4 Investments)

AME Cloud Ventures (3 Investments)

Andreessen Horowitz (3 Investments)

SV Angel (3 Investments)

Draper Associates (3 Investments)

IDG Capital Partners (2 Investments)

Future Perfect Ventures (2 Investments)

Fenway Summer Ventures (2 Investments)

GV (2 Investments)

BoxGroup (2 Investments)

EARLY STAGE

Blockchain Capital (5 Investments)

RRE Ventures (4 Investments)

Andreessen Horowitz (4 Investments)

Santander InnoVentures (3 Investments)


Liberty City Ventures (2 Investments)

Euclid Opportunities (2 Investments)

SV Angel (2 Investments)

Route 66 Ventures (2 Investments)

JAFCO (2 Investments)

Union Square Ventures (2 Investments)

FinTech Collective (2 Investments)

FPrime Capital Partners (2 Investments)

Recruit Strategic Partners (2 Investments)

Crosslink Capital (2 Investments)

LATE STAGE

IDG Capital Partners

Intel Capital

Fenway Summer Ventures

Oak Investment Partners

Backstage Capital

JetBlue Technology Ventures

Resonant Venture Partners

Samsung NEXT

Tappan Hill Ventures

Radicle Impact Partners


Fenbushi Capital

97

Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter

Blockchain > Investors > Fenbushi Capital

People

Investments

[Soonicorn] Circle (2013, Boston, $136M, Series D)Digital currency wallet for global money transfers

[Soonicorn] Symbiont (2015, New York City, $8.3M, Series A)Smart securities issuance and trading platform

[Minicorn] Veem (2014, San Francisco, $40M, Series B)B2B payment platform.

[Minicorn] Abra (2014, Mountain View, $30M, Series B)Fiat money remittance based on bitcoin

[Minicorn] Factom (2014, Austin, $10.7M, Series A)Blockchain as a service for protecting enterprise data

[Minicorn] Gem (2014, Venice, $10.4M, Series A)Platform to develop blockchain applications

[Minicorn] Chronicled (2014, San Francisco, $5.3M, Seed)Product authentication on blockchain

[Minicorn] Hijro (2014, Lexington, $2.5M, Seed)Software platform for cross-border B2B trade

[Minicorn] Streami (2015, Seoul, $2M, Seed)Middleware and infrastructure for Blockchain remittance

[Minicorn] Everledger (2015, London, $120k, Seed)Preventing diamond fraud and theft

[Minicorn] Skuchain (2014, San Francisco, Seed)Blockchain based solution for B2B commerce

Blockchain Notable Portfolio

Top Exits

Recent News on Fund & Portfolio

Bo ShenFounder

Geographical Spread Stage of Entry

Dec 2017 Circle's CENTRE Raises $20 Million in SAFT Sale, CoinDesk

Nov 2017Circle to Launch Cryptocurrency Investment App in 2018 , CoinDesk

Oct 2017Circle Acquires Trigger Finance To Help Deliver Investment Products For Crypto Assets, Inside Bitcoins

Oct 2017Circle enables US Instant withdrawals for cross-border bank transfers, Finextra

Oct 2017Circle Announces Open Source Project Centre And Foundation, Coinspeaker

Oct 2017Circle Is Building a Master Mobile Payments Network on Ethereum, CoinDesk

Sep 2017Circle pushes OTC crypto trading, launches in France and Italy and adds group payments, International Business Times

Jun 2017Circle Launches Free Cross-Border Mobile Payments Based on Blockchain, Crowdfund Insider

Dec 2016Circle unveils Spark; pivots away from direct bitcoin transacting o..., Finextra

Dec 2016Circle Cedes Bitcoin Trading to Coinbase, Expands Messaging Functions, Bank Innovation

None

1 1

8

1

2013 2014 2015 2016 2017 2018

Follow On New Investments10

-

-

1

11

Undisclosed

Series C+

Series B

Series A

Seed15

4

1

1

1

US

Europe

South Korea

SEA

Latam

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D567095b1e4b0bf2c05b5a4ee%3Afenbushi.vc%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D567095b1e4b0bf2c05b5a4ee%3Afenbushi.vc%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/jl3GhznHHKUI_eu6-Ls06bVW0h1YkRHGxjm5p2FzyaY/fenbushi.vc

http://fenbushi.vc/

http://linkedin.com/company/fenbushi-capital

http://twitter.com/fenbushi

http://coindesk.com/circles-centre-spin-off-raises-20-million-saft-sale

https://www.coindesk.com/circle-launch-cryptocurrency-investment-app-2018/

http://insidebitcoins.com/news/circle-acquires-trigger-finance-to-help-deliver-investment-products-for-crypto-assets/79349

https://www.finextra.com/pressarticle/71211/circle-enables-us-instant-withdrawals-for-cross-border-bank-transfers

https://www.coinspeaker.com/2017/10/09/circle-announces-open-source-project-centre-foundation/

https://www.coindesk.com/circle-building-master-mobile-payments-network-ethereum/

http://www.ibtimes.co.uk/circle-pushes-otc-crypto-trading-launches-france-italy-adds-group-payments-1639908

http://crowdfundinsider.com/2017/06/102093-circle-launches-free-cross-border-mobile-payments-based-blockchain

https://www.finextra.com/pressarticle/67348/circle-unveils-spark-pivots-away-from-direct-bitcoin-transacting-on-app

http://bankinnovation.net/2016/12/circle-cedes-bitcoin-trading-to-coinbase-expands-messaging-functions/


Blockchain Capital

98


Blockchain > Investors > Blockchain Capital

People

Investments

[Soonicorn] Blockstream (2014, San Francisco, $101M, Series B)Blockchain development focused on sidechains innovation

[Soonicorn] Bitfury (2012, San Francisco, $95M, Series C)Provider for Bitcoin mining hardware

[Soonicorn] Ripple (2012, San Francisco, $90.5M, Series B)Open source payment protocol for cross border money transfer.

[Soonicorn] Chain (2014, San Francisco, $43.7M, Series B)Designing blockchain applications for organizations

[Soonicorn] itBit (2012, Tower, $28.3M, Series A)Provider of Trading & Settlement platforms

[Soonicorn] PeerNova (2013, San Jose, $26.6M, Series A)Provider of cryptographic development platform

[Soonicorn] BitPesa (2013, Nairobi, $10M, Series A)Bitcoin based remittance service provider.

[Minicorn] BitGo (2013, San Francisco, $54.5M, Series B)Multi-signature security for cryptocurrency payments


[Minicorn] Gem (2014, Venice, $10.4M, Series A)Platform to develop blockchain applications

[Minicorn] BlockCypher (2013, Redwood City, $3.5M, Seed)Cloud-optimized full blockchain nodes

[Minicorn] Stampery (2014, Madrid, $600k, Seed)Stamp emails and files for proof of existence and ownership

[Editor's Pick] LedgerX (2014, New York City, $16.4M, Series B)Institutional derivatives exchange.

[Editor's Pick] Stem Disintermedia (2015, Los Angeles, $12.5M, Series A)Digital rights management platform


Top Exits


W Bradford StephensCo-Founder & Managing Partner

Brock PierceCo-Founder

P Bart StephensCo-Founder & Managing Partner




Dec 2017Ripple making waves in the cryptocurrency market, Digital Journal

Dec 2017 XRP now available on 50 exchanges worldwide, Finextra

Dec 2017 Zoe Cruz joins Ripple's board, Finextra

Dec 2017Ripple Launches Infrastructure Innovation Initiative, Financial IT

Dec 2017Ripple Overtakes Bitcoin Cash to Become the Third Largest Cryptocurrency, ccn.com

Nov 2017BitLicense Architect Ben Lawsky Joins Ripple Board, CoinDesk

Nov 2017Ripple Secures Two Veterans to Steer its Cross-Border Payments Ambitions , Finance Magnates

Oct 2017Court Dismisses $1 Billion R3 Lawsuit Against Ripple, CryptoCoinsNews

Oct 2017Ripple entices banks with new accelerator programme, BankingTechnology

None

1 12

5

5

1

2013 2014 2015 2016 2017 2018


-

-

5

9

Undisclosed

Series C+

Series B

Series A

Seed18

3

1

1

-

US

Europe

Kenya

Israel

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54b7f855e4b0bb3a38009200%3Ablockchain.capital%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54b7f855e4b0bb3a38009200%3Ablockchain.capital%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/0v0mrNAeQDqSq6D_x-PnwPCz-dvEeZHazLsInYchC_c/blockchain.capital

http://blockchain.capital/

http://linkedin.com/company-beta/3748873

http://twitter.com/blockchaincap



http://www.digitaljournal.com/tech-and-science/technology/ripple-making-waves-in-the-cryptocurrency-market/article/510626

http://finextra.com/pressarticle/72071/xrp-now-available-on-50-exchanges-worldwide

http://finextra.com/pressarticle/72048/zoe-cruz-joins-ripples-board

https://financialit.net/news/infrastructure/ripple-launches-infrastructure-innovation-initiative

http://ccn.com/ripple-overtakes-bitcoin-cash-become-third-largest-cryptocurrency

https://www.coindesk.com/bitlicense-architect-ben-lawsky-joins-ripple-board/

https://www.financemagnates.com/executives/moves/ripple-secures-two-veterans-hires-steer-cross-border-payments-ambitions/

https://www.cryptocoinsnews.com/1-billion-r3-lawsuit-against-ripple-dismissed-by-delaware-judge/

http://www.bankingtech.com/1032532/ripple-entices-banks-with-new-accelerator-programme/


Y Combinator

99


Blockchain > Investors > Y Combinator

People

Investments

[Minicorn] TradeBlock (2013, New York City, $20.7M, Series B)Online cryptocurrency data and research

[Editor's Pick] Onename (2013, New York City, $1.6M, Seed)Managing online identity and personal data


[Unicorn] Airbnb (2008, San Francisco, $3.4B, Series F)

Marketplace for vacation rental accommodations

[Unicorn] Instacart (2012, San Francisco, $675M, Series D)

Marketplace for same-day grocery delivery

[Unicorn] Dropbox (2007, San Francisco, $607M, Series C)

Cloud-based file sharing and synchronization software

[Unicorn] Zenefits (2013, San Francisco, $584M, Series C)

SaaS HR Platform for SMBs

[Unicorn] Stripe (2010, San Francisco, $473M, Series D)

Web & Mobile Payments for Developers

[Unicorn] Ginkgo Bioworks (2008, Boston, $429M, Series D)

Designs microbes to produce cultured ingredients

[Unicorn] MZ (Machine Zone) (2008, Palo Alto, $263M, Series B)

Mobile game developer

[Unicorn] Docker (2008, San Francisco, $243M, Series E)

LXC based OS-level virtualization technology and PaaS

[Unicorn] Coinbase (2012, San Francisco, $217M, Series D)

Digital currency exchange & wallet provider

[Unicorn] Gusto (2011, San Francisco, $176M, Series C)

Cloud-based HRMS and payroll management solution

[Unicorn] Quora (2009, Mountain View, $141M, Series D)

Social Q&A community

Other Notable Portfolio

Top Exits


Michael SeibelCEO


Dec 2017Blockstack raises $52 million to build a parallel internet where you own all your data, VentureBeat

Oct 2017Next Up on CoinList is Blockstack Initial Coin Offering, Crowdfund Insider

Sep 2017$257 Million: Filecoin Breaks All-Time Record for ICO Funding, CoinDesk

Aug 2017Dharma wants to let anyone borrow a small amount of cryptocurrency, Techtidda

Aug 2017The Filecoin ICO Has Raised Over $200 Million. How Much Higher Can it Go?, Crowdfund Insider

Aug 2017Filecoin laments shutting out crypto supporters to meet SEC regulations, International Business Times

Apr 2017Blockstack's Ryan Shea: Segwit is More Than Malleability Fixes & Scaling, CryptoCoinsNews

Oct 2016Introducing The Winklevoss Capital Syndicate On AngelList, Winklevoss Capital

None

6

21

2013 2014 2015 2016 2017 2018

Follow On New Investments-

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1

8

Undisclosed

Series C+

Series B

Series A

Seed8

1

-

-

-

US

Europe

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52c06af4e4b09a1f9f132c8b%3Aycombinator.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52c06af4e4b09a1f9f132c8b%3Aycombinator.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/srAiTt8Aevx0dkPbmrFdUVl21azd7Gx7AOT8J4fO1Zs/ycombinator.com

http://www.ycombinator.com/

http://linkedin.com/company/y-combinator

http://twitter.com/ycombinator

https://venturebeat.com/2017/12/04/blockstack-raises-52-million-to-build-a-parallel-internet-where-you-own-all-your-data/

https://www.crowdfundinsider.com/2017/10/123842-next-coinlist-blockstack-initial-coin-offering/

http://coindesk.com/257-million-filecoin-breaks-time-record-ico-funding

https://www.techtidda.com/dharma-wants-to-let-anyone-borrow-a-small-amount-of-cryptocurrency/

http://crowdfundinsider.com/2017/08/120952-filecoin-ico-raised-200-million-much-higher-can-go

http://ibtimes.co.uk/filecoin-laments-shutting-out-crypto-supporters-meet-sec-regulations-1633620

https://www.cryptocoinsnews.com/blockstack-co-founder-segwit-is-more-than-malleability-fixes-scaling/

http://winklevosscapital.com/introducing-the-winklevoss-capital-syndicate-on-angellist


RRE Ventures

100


Blockchain > Investors > RRE Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6895e4b0f5316e5a9e80%3Arre.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6895e4b0f5316e5a9e80%3Arre.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/SYVDJMIUklqVLQd-T_-DXLLelO7t-o6QXQzKn8amj6o/rre.com

http://www.rre.com/


http://twitter.com/rre


Liberty City Ventures

101


Blockchain > Investors > Liberty City Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff9195e4b0622455c90ffe%3Alibertycityventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff9195e4b0622455c90ffe%3Alibertycityventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/UM3BNj_HKA0Nm3HwoHuUIJhjkXVCl8NdNCvyr9amNKM/libertycityventures.com

https://www.libertycityventures.com/

http://linkedin.com/company/liberty-city-ventures

http://twitter.com/lcventures


Union Square Ventures

102


Blockchain > Investors > Union Square Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d4f2cfe4b07c90e4b08273%3Ausv.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d4f2cfe4b07c90e4b08273%3Ausv.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/Stp8nXwu3yBbLR8nlVMtXt0FLpp0bFA7wtZVjmo0FOw/usv.com

https://www.usv.com/

http://linkedin.com/company/3526954

http://twitter.com/usv


AME Cloud Ventures

103


Blockchain > Investors > AME Cloud Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52e847dde4b0ec3490499fec%3Aamecloudventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52e847dde4b0ec3490499fec%3Aamecloudventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/TFmrD5a15FORjFzFC4tyZerPBtxe0JJ_7GIhaQ_p4r0/amecloudventures.com

http://www.amecloudventures.com/

http://linkedin.com/company/ame-cloud-ventures

http://twitter.com/amecloudvc


Andreessen Horowitz

104


Blockchain > Investors > Andreessen Horowitz

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ca4039e4b093852fc327db%3Aa16z.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ca4039e4b093852fc327db%3Aa16z.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/UPS46sviVk047PSHY3HxzCcQMPre7GKsbwDXPwmc0ro/a16z.com

https://a16z.com/


http://twitter.com/a16z


SV Angel

105


Blockchain > Investors > SV Angel

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d3cdede4b07c90e4b08174%3Asvangel.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d3cdede4b07c90e4b08174%3Asvangel.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/OH8_R4Ci4pB1RifG7gdAe0m7OElXkVtZkCjSQAc3TR0/svangel.com

https://svangel.com/


http://twitter.com/svangel


Draper Associates

106


Blockchain > Investors > Draper Associates

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54a29f21e4b03c5316c6f219%3Adraper.vc%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54a29f21e4b03c5316c6f219%3Adraper.vc%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/Km4bjxnjDkqSjE1GOFH-rXZaP-uqrYdvyqKSbGpSDN0/draper.vc

http://draper.vc/

http://twitter.com/drapervc



107


Blockchain > Investors > IDG Capital Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fe08bce4b033a23dc73a37%3Aidgvc.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fe08bce4b033a23dc73a37%3Aidgvc.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/w_XjEEC0-g_T6Iv-vap4n8d41YgtaCQrKNWYs4q8cgQ/idgvc.com

http://www.idgvc.com/

http://linkedin.com/company/idgvc


Future Perfect Ventures

108


Blockchain > Investors > Future Perfect Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531b8e85e4b0f7e1662a6c68%3Afutureperfectventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531b8e85e4b0f7e1662a6c68%3Afutureperfectventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/dVivtko8S2SYBOwqyAQM3lId04ZZ3sbMIoRCQilHgZE/futureperfectventures.com

http://futureperfectventures.com/home/

http://twitter.com/futurepvc



109


Blockchain > Investors > Fenway Summer Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5319951de4b0f7e165fb7b6d%3Afenwaysummer.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5319951de4b0f7e165fb7b6d%3Afenwaysummer.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/WejcBOF0ZsDaCyupQzcmZpYEBAAkNOqTcJzPnvgfndk/fenwaysummer.com

http://fenwaysummer.com/

http://linkedin.com/company/fenway-summer-llc

http://twitter.com/fenwaysummer


GV

110


Blockchain > Investors > GV

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fc0b87e4b033a23dc73767%3Agv.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fc0b87e4b033a23dc73767%3Agv.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/YkGGYZyeNUNoCMRvkUpXAHykl5mYO_HwIBPJlOoTtNc/gv.com

http://www.gv.com/


http://twitter.com/gvteam


BoxGroup

111


Blockchain > Investors > BoxGroup

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5537a169e4b013e74e070c20%3Aboxgroup.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5537a169e4b013e74e070c20%3Aboxgroup.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/VQ9LVWKDigQAqVeTNmU23czQyf_jN8sX1zhP-xRFKso/boxgroup.com

http://boxgroup.com/

http://linkedin.com/company/boxgroup

http://twitter.com/boxgroup


Blockchain Capital

112


Blockchain > Investors > Blockchain Capital

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54b7f855e4b0bb3a38009200%3Ablockchain.capital%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54b7f855e4b0bb3a38009200%3Ablockchain.capital%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/0v0mrNAeQDqSq6D_x-PnwPCz-dvEeZHazLsInYchC_c/blockchain.capital

http://blockchain.capital/


http://twitter.com/blockchaincap


RRE Ventures

113


Blockchain > Investors > RRE Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6895e4b0f5316e5a9e80%3Arre.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6895e4b0f5316e5a9e80%3Arre.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/SYVDJMIUklqVLQd-T_-DXLLelO7t-o6QXQzKn8amj6o/rre.com

http://www.rre.com/


http://twitter.com/rre


Andreessen Horowitz

114


Blockchain > Investors > Andreessen Horowitz

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ca4039e4b093852fc327db%3Aa16z.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ca4039e4b093852fc327db%3Aa16z.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/UPS46sviVk047PSHY3HxzCcQMPre7GKsbwDXPwmc0ro/a16z.com

https://a16z.com/


http://twitter.com/a16z


Santander InnoVentures

115


Blockchain > Investors > Santander InnoVentures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54bcbf15e4b0bb3a3800999c%3Asantanderinnoventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54bcbf15e4b0bb3a3800999c%3Asantanderinnoventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/jHz63ZBqvd72_0sWbDywh6gHcwIiWxKaAcUScdxk04o/santanderinnoventures.com

http://santanderinnoventures.com/

http://twitter.com/saninnoventures


Draper Associates

116



https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54a29f21e4b03c5316c6f219%3Adraper.vc%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54a29f21e4b03c5316c6f219%3Adraper.vc%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/Km4bjxnjDkqSjE1GOFH-rXZaP-uqrYdvyqKSbGpSDN0/draper.vc

http://draper.vc/

http://twitter.com/drapervc


Liberty City Ventures

117


Blockchain > Investors > Liberty City Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff9195e4b0622455c90ffe%3Alibertycityventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff9195e4b0622455c90ffe%3Alibertycityventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/UM3BNj_HKA0Nm3HwoHuUIJhjkXVCl8NdNCvyr9amNKM/libertycityventures.com

https://www.libertycityventures.com/

http://linkedin.com/company/liberty-city-ventures

http://twitter.com/lcventures


Euclid Opportunities

118


Blockchain > Investors > Euclid Opportunities

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53198a29e4b0f7e165fa7801%3Aeuclidopportunities.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53198a29e4b0f7e165fa7801%3Aeuclidopportunities.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/etj_GdYFI6FdTjGmGjFV5LwRHcXkyZK3enPFFxZM0_o/euclidopportunities.com

http://euclidopportunities.com/Recruitment/Error.aspx?code=2017-12-11-01-39-36-401-TOTALJOBS-RZ


http://twitter.com/steve_gibson_


SV Angel

119


Blockchain > Investors > SV Angel

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d3cdede4b07c90e4b08174%3Asvangel.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d3cdede4b07c90e4b08174%3Asvangel.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/OH8_R4Ci4pB1RifG7gdAe0m7OElXkVtZkCjSQAc3TR0/svangel.com

https://svangel.com/


http://twitter.com/svangel


Route 66 Ventures

120


Blockchain > Investors > Route 66 Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531ac882e4b0f7e16617fef0%3Aroute66ventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531ac882e4b0f7e16617fef0%3Aroute66ventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/b-27HiYR8UIcLVghwKTPxb2Sd3Ak4oBwn0Xsv792jbs/route66ventures.com

http://route66ventures.com/

http://linkedin.com/company/route-66ventures-llc

http://twitter.com/route66ventures


JAFCO

121


Blockchain > Investors > JAFCO

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53188591e4b04c283bf7dbac%3Ajafco.co.jp%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53188591e4b04c283bf7dbac%3Ajafco.co.jp%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/1gWOK7STrodGCqkWdwLNGY9qM18ruDt2a3maf8xDp1E/jafco.co.jp

http://www.jafco.co.jp/

http://twitter.com/jafco_pr


Union Square Ventures

122


Blockchain > Investors > Union Square Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d4f2cfe4b07c90e4b08273%3Ausv.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52d4f2cfe4b07c90e4b08273%3Ausv.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/Stp8nXwu3yBbLR8nlVMtXt0FLpp0bFA7wtZVjmo0FOw/usv.com

https://www.usv.com/


http://twitter.com/usv


FinTech Collective

123


Blockchain > Investors > FinTech Collective

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53a079a1e4b0aa67bf7e28d3%3Afintech.io%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53a079a1e4b0aa67bf7e28d3%3Afintech.io%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/WvONW0BOZ8IFK7iLaep7qlvej0O0A8ZzH-X-81zA0D0/fintech.io

http://www.fintech.io/

http://linkedin.com/company/fintech-collective

http://twitter.com/fintech_io


FPrime Capital Partners

124


Blockchain > Investors > FPrime Capital Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D563c79e3e4b0a9d6d5214d7b%3Afprimecapital.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D563c79e3e4b0a9d6d5214d7b%3Afprimecapital.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/aWmzHkzORV3z4hkXwE4HrRhAsDPOfEVa82ha0fYjfJs/fprimecapital.com

http://fprimecapital.com/

http://linkedin.com/company/f-prime-capital-partners

http://twitter.com/fprimecapital


Recruit Strategic Partners

125


Blockchain > Investors > Recruit Strategic Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ffb947e4b023b1c59ca6dd%3Arecruitstrategicpartners.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ffb947e4b023b1c59ca6dd%3Arecruitstrategicpartners.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/htVIGDRi7rjp4A463xDBI3X-fvI1isP48Cr0FDBnZlU/recruitstrategicpartners.com

http://recruitstrategicpartners.com/

http://linkedin.com/company/recruit-strategic-partners


Crosslink Capital

126


Blockchain > Investors > Crosslink Capital

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6153e4b0f5316e5a90b7%3Acrosslinkcapital.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6153e4b0f5316e5a90b7%3Acrosslinkcapital.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/6z1WX2RXl2Iy5XvRhfsfA_lF-A479XbYj1wsnPn_Rg8/crosslinkcapital.com

http://www.crosslinkcapital.com/

http://linkedin.com/company/crosslink-capital

http://twitter.com/crosslinkcap



127


Blockchain > Investors > IDG Capital Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fe08bce4b033a23dc73a37%3Aidgvc.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fe08bce4b033a23dc73a37%3Aidgvc.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/w_XjEEC0-g_T6Iv-vap4n8d41YgtaCQrKNWYs4q8cgQ/idgvc.com

http://www.idgvc.com/

http://linkedin.com/company/idgvc


Intel Capital

128


Blockchain > Investors > Intel Capital

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52f19ac7e4b033a23dc7294e%3Aintelcapital.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52f19ac7e4b033a23dc7294e%3Aintelcapital.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/xUoGHuWmRTrEN2-HROqRy_mB6gAGzHp9YIlm1ICiSlY/intelcapital.com

http://www.intelcapital.com/

http://linkedin.com/company/intel-capital

http://twitter.com/intelcapital



129


Blockchain > Investors > Fenway Summer Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5319951de4b0f7e165fb7b6d%3Afenwaysummer.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5319951de4b0f7e165fb7b6d%3Afenwaysummer.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/WejcBOF0ZsDaCyupQzcmZpYEBAAkNOqTcJzPnvgfndk/fenwaysummer.com

http://fenwaysummer.com/

http://linkedin.com/company/fenway-summer-llc

http://twitter.com/fenwaysummer


Oak Investment Partners

130


Blockchain > Investors > Oak Investment Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531a7edbe4b0f7e166107ce1%3Aoakvc.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531a7edbe4b0f7e166107ce1%3Aoakvc.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/tX9ixR1Yq6HcT4vg4dBtjT6wiTmjq4kUBU_CammtXxI/oakvc.com

http://oakvc.com/

http://linkedin.com/company/oak-investment-partners

http://twitter.com/oakvc


JetBlue Technology Ventures

131


Blockchain > Investors > JetBlue Technology Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D56fa0354e4b04a2bb801afa5%3Ajetblueventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D56fa0354e4b04a2bb801afa5%3Ajetblueventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/OLtqS6lCL9YYBRUqHpD8J4U4jLi05zHA42EFslseNO8/jetblueventures.com

http://www.jetblueventures.com/


http://twitter.com/jetblueventures


Resonant Venture Partners

132


Blockchain > Investors > Resonant Venture Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff88bae4b0622455c901c2%3Aresonantvc.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff88bae4b0622455c901c2%3Aresonantvc.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/4X27BAPYBOsw18FtNt7gVObR42lS5eXhuCOP2uDhz0E/resonantvc.com

http://resonantvc.com/

http://linkedin.com/company/resonant-venture-partners

http://twitter.com/resonantvc


Samsung NEXT

133


Blockchain > Investors > Samsung NEXT

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5863efa7e4b031d0f9f50c68%3Asamsungnext.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5863efa7e4b031d0f9f50c68%3Asamsungnext.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/GgTnk9VZ6HqMO3y13OUIZayTWsR5MbVPrE3Tqvmkyko/samsungnext.com

http://samsungnext.com/


http://twitter.com/samsungnext


Tappan Hill Ventures

134


Blockchain > Investors > Tappan Hill Ventures

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5770bf0fe4b02de974411be5%3Atappanhillventures.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5770bf0fe4b02de974411be5%3Atappanhillventures.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/K4NymuM7ggfDpdsofM1QNvDcFCeJoDZPx7_NDb2ROHk/tappanhillventures.com

http://www.tappanhillventures.com/



Radicle Impact Partners

135


Blockchain > Investors > Radicle Impact Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D57d1634de4b0b73233f19eb3%3Aradicleimpact.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D57d1634de4b0b73233f19eb3%3Aradicleimpact.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/xCiXRn66F7xsR2Ycuk7k7CVQB_bE5aket5qSP1rJxag/radicleimpact.com

http://www.radicleimpact.com/



Blockchain > Investors > Index of Ecosystem Investors

Index of Top Ecosystem Investors in Blockchain; Q0 2013 - Q3 2017

Index of Ecosystem Investors

INCUBATOR

Boost VC (27 Investments)

500 Startups (12 Investments)

Techstars (11 Investments)

Barclays Accelerator (6 Investments)

Kickstart Accelerator (6 Investments)

Alchemist Accelerator (2 Investments)

SparkLabs (2 Investments)

ABBALab

Amplify

Axel Springer Plug and Play Accelerator

Ben Franklin Technology Partners

Bethnal Green Ventures

Block Chain Space

BoomTown Accelerator

Capital Innovators

OTHER NOTABLE INVESTORS

Digital Currency Group (53 Investments)

Pantera Capital (13 Investments)

Startupbootcamp (13 Investments)

Plug and Play Tech Center (11 Investments)

Coinsilium (5 Investments)

FundersClub (5 Investments)

Crypto Currency Partners (4 Investments)

SBI Holdings (4 Investments)

BnkToTheFuture (3 Investments)

CME Group (3 Investments)

Cyber London (CyLon) (3 Investments)


FinTech Innovation Lab (3 Investments)

Goldman Sachs (3 Investments)

UK Government (3 Investments)

DEBT INVESTORS

Silicon Valley Bank


Boost VC

137


Blockchain > Investors > Boost VC

People

Investments

[Minicorn] Veem (2014, San Francisco, $40M, Series B)B2B payment platform.


[Minicorn] Wyre (2013, San Francisco, $7.5M, Series A)International money transfers using blockchain



[Minicorn] Hedgy (2014, San Francisco, $2M, Seed)Marketplace for hedging contracts on the Bitcoin.

[Minicorn] Stampery (2014, Madrid, $600k, Seed)Stamp emails and files for proof of existence and ownership

[Editor's Pick] Polychain (2016, San Francisco, $10M, Series A)Protocol level token oriented investment fund.


[Soonicorn] 8i (2014, Wellington, $41.5M, Series B)

Tools for volumetric video capture

[Minicorn] Transcriptic (2012, Menlo Park, $27.7M, Series A)

Cloud-based remote robotic bio-lab

[Minicorn] Pillow (2014, San Francisco, $16.2M, Series A)

Software solution provider for vacation rentals

[Minicorn] SnapCard (2013, San Francisco, $8.6M, Series A)

Bitcoin wallet & payment processor

[Minicorn] 7shifts (2011, Regina, $4.7M, Series A)

Online employee scheduling software


Top Exits


Adam DraperFounder & MD

Brayton WilliamsFounder & Partner


Nov 2017Veem opens up global payments platform to developers with new API, Tech Innovations News

Nov 2017Bitcoin Wallet App Abra Announces Ethereum Integration, CoinDesk

Oct 2017 Abra hauls in $16 mln Series B, PE Hub

Sep 2017San Francisco fintech Veem teams up with Xero accounting app, The Business Journals

Aug 2017Accounting Firm Acuity Partners with Veem Global Payments, PRWeb

Aug 2017BlockCypher Named a 2017 Gartner Cool Vendor in Blockchain, PRWeb

Aug 2017Bitcoin Startup Abra Adds Gwyneth Paltrow As Advisor, Is Featured In Apple Reality TV Show, Forbes

Jul 2017American Express Integrates with Bitcoin Wallet Abra, Financial IT

Jul 2017Blockchain Payments Startup Veem Integrates With Intuit QuickBooks, Inside Bitcoins

None

211

2

6

2

3

2013 2014 2015 2016 2017 2018


-

-

2

12

Undisclosed

Series C+

Series B

Series A

Seed21

2

1

1

1

US

SEA

South Africa

Europe

Latam

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D530b3455e4b04a0cb16a3c8e%3Aboost.vc%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D530b3455e4b04a0cb16a3c8e%3Aboost.vc%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/Dx_k6qBvkMvnDNb1egj-b-KYDOswg46G7PRv1bDJad4/boost.vc

https://www.boost.vc/

http://linkedin.com/company/boost-vc

http://twitter.com/boostvc

http://techinnovationsnews.com/2017/11/28/veem-opens-up-global-payments-platform-to-developers-with-new-api/

http://coindesk.com/bitcoin-wallet-app-abra-announces-ethereum-integration

https://www.pehub.com/2017/10/abra-hauls-in-16-mln-series-b/

https://www.bizjournals.com/sanfrancisco/news/2017/09/07/san-francisco-fintech-veem-teams-up-with-xero.html

http://www.prweb.com/releases/2017/09/prweb14648512.htm

http://prweb.com/releases/2017/08/prweb14613569.htm

https://www.forbes.com/sites/laurashin/2017/08/02/bitcoin-startup-abra-adds-gwyneth-paltrow-as-advisor-is-featured-in-apple-reality-tv-show/

https://financialit.net/news/payments/american-express-integrates-bitcoin-wallet-abra

http://insidebitcoins.com/news/blockchain-payments-startup-veem-integrates-with-intuit-quickbooks/60284


500 Startups

138


Blockchain > Investors > 500 Startups

People

Investments





[Minicorn] burstIQ (2015, Denver, $250k, Seed)Cloud-based data aggregation platform for providers


[Unicorn] Grab (2012, Singapore, $1.4B, Series G)

Taxi Booking App

[Unicorn] Credit Karma (2007, San Francisco, $370M, Series D)

Aggregator of various consumer financial products.

[Unicorn] Twilio (2007, San Francisco, $240M, Public)

Cloud Communications API provider

[Soonicorn] Udemy (2010, San Francisco, $173M, Series D)

Marketplace for online courses

[Soonicorn] Smule (2008, San Francisco, $144M, Series F)

Developer of social music-making & sharing apps

[Soonicorn] Intercom (2011, San Francisco, $116M, Series D)

Customer communication and Retention Platform

[Soonicorn] Ipsy (2011, San Mateo, $107M, Series B)

Subscription for beauty products

[Soonicorn] Life360 (2008, San Francisco, $94.6M, Series C)

Mobile app that connects family members and close friends


Top Exits


Dave McClureFounder, Partner


Dec 2017New Chain Platform Ivy Brings Smart Contracts to Bitcoin, profitmaker.tips

Oct 2017Blockchain startup Chain revealed а cloud-based ledger service for managing balances, named Sequence., Coinspeaker

Aug 2017BlockCypher Named a 2017 Gartner Cool Vendor in Blockchain, PRWeb

Jun 2017Jeff Garzik's Bloq Acquires Skry For Machine Learning And AI Blockchain Data Analytics, International Business Times

Apr 2017 Chain Appoints Tom Jessop as President , PR Newswire

Mar 2017Blockchain startup Chain teams with Thales to bolster security, Reuters

Jun 2016How the blockchain infrastructure can make a major impact on the remittance industry, E27

May 2016Financial Operating Network Fluent Closes $1.65MM Seed Round, Business Wire

Nov 2015Fluent Featured on LetsTalkPayments.com – Hijro –Medium, Medium

None

2

4

3

1

2013 2014 2015 2016 2017 2018


-

-

1

9

Undisclosed

Series C+

Series B

Series A

Seed10

2

-

-

-

US

SEA

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52e132b4e4b085ca84ebc32e%3A500.co%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52e132b4e4b085ca84ebc32e%3A500.co%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/runQgYmPnMdNqjVIv7_robeQ3fLVjr6Aq-eMtX2s2O0/500.co

https://500.co/

http://linkedin.com/company/500-startups

http://twitter.com/500startups


https://www.coinspeaker.com/2017/10/24/blockchain-startup-chain-launches-sequence-%D0%B0-cloud-based-ledger-service-managing-balances/

http://prweb.com/releases/2017/08/prweb14613569.htm

http://www.ibtimes.com/jeff-garziks-bloq-acquires-skry-machine-learning-ai-blockchain-data-analytics-2560100

http://www.prnewswire.com/news-releases/chain-appoints-tom-jessop-as-president-300440068.html

http://ca.reuters.com/article/technologyNews/idCAKBN1711KA-OCATC

http://e27.co/blockchain-infrastructure-can-make-major-impact-remittance-industry-20160620

http://www.businesswire.com/news/home/20160510006039/en

https://medium.com/@Hijro/fluent-featured-on-letstalkpayments-com-806e93717d28#.ioy7bgj7k


Techstars

139


Blockchain > Investors > Techstars

People

Investments

[Minicorn] Filament (2012, Reno, $35.6M, Series C)Decentralized Internet of Things stack

[Minicorn] Everledger (2015, London, $120k, Seed)Preventing diamond fraud and theft

[Editor's Pick] Vala (2015, Tel Aviv, Funded)Money transfer using marketplace of remitters.


[Unicorn] Uber (2009, San Francisco, $12B, Series H)

Mobile app that connects passengers with vehicle drivers for hire

[Unicorn] Twilio (2007, San Francisco, $240M, Public)

Cloud Communications API provider

[Soonicorn] Remitly (2011, Seattle, $215M, Series D)

Cross-border money transfer using banking networks.

[Soonicorn] ClassPass (2011, New York City, $154M, Series C)

Membership programs for fitness classes across multiple gyms

[Soonicorn] DataRobot (2012, Boston, $125M, Series C)

Automated machine learning platform for data science applications

[Soonicorn] DigitalOcean (2011, New York City, $124M, Series

B)SSD cloud hosting

[Soonicorn] Placester (2008, Cambridge, $101M, Series D)

Real Estate Marketing platform

[Soonicorn] Sphero (2010, Boulder, $95.5M, Series D)

Smartphone controlled robotic gaming toy for kids

[Soonicorn] PillPack (2013, Boston, $93.9M, Series D)

Periodic delivery of Medications - Subscription based

[Soonicorn] SendGrid (2009, Boulder, $80.5M, Public)

Email delivery and analytics


Top Exits


Brad FeldCo-Founder

David BrownCo-Founder and co-CEO

David CohenFounder and co-CEO


Dec 2017Chef’n owner Filament Brands sold in $313 million deal , The Business Journals

Dec 2017The Sun Exchange funds solar installations with micro-investments and bitcoin, TechCrunch

Nov 2017Veridium Brings Biometric Security to Unbanked Populations Through Zero-Fee Financial Services from Wala, Business Wire

Oct 2017SA’s The Sun Exchange expands internationally with Dubai initiative, Disrupt Africa

Oct 2017How SA's Wala is bridging the gap between consumers and banks, Disrupt Africa

Oct 2017 Blockchain-based solar start-up gets R23m boost, ITWeb

Oct 2017Blockchain Startup Sun Exchange Raises $1.6 Million in New Seed Funding - CoinDesk, CoinDesk

Oct 2017M-vendr to accept Wala digital currency at mPOS, Finextra

Sep 2017SA’s The Sun Exchange crowdfunds solar at Knysna Elephant Park, Disrupt Africa

None

1

3 1

1

2013 2014 2015 2016 2017 2018


-

-

1

4

Undisclosed

Series C+

Series B

Series A

Seed3

3

2

2

1

US

Europe

South Africa

Israel

Ghana

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff603be4b0f5316e5a8ece%3Atechstars.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff603be4b0f5316e5a8ece%3Atechstars.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/X9SJastlBrj2FtVkv0mL7OLHL3J27mHWe0kY0ds4iPo/techstars.com

https://www.techstars.com/

http://linkedin.com/company/techstars

http://twitter.com/techstars

https://www.bizjournals.com/seattle/news/2017/12/22/lifetime-brand-buys-chefn-filament-brands.html

https://techcrunch.com/2017/12/04/the-sun-exchange-funds-solar-installations-with-micro-investments-and-bitcoin/

http://www.businesswire.com/news/home/20171115006516/en/Veridium-Brings-Biometric-Security-Unbanked-Populations-Zero-Fee

http://disrupt-africa.com/2017/10/sas-the-sun-exchange-expands-internationally-with-dubai-initiative/

http://disrupt-africa.com/2017/10/how-sas-wala-is-bridging-the-gap-between-consumers-and-banks

http://itweb.co.za/index.php?option=com_content&view=article&id=165963:Blockchain-based-solar-start-up-gets-R23m-boost&catid=69

https://www.coindesk.com/blockchain-startup-sun-exchange-raises-1-6-million-new-seed-funding/

https://www.finextra.com/pressarticle/71234/m-vendr-to-accept-wala-digital-currency-at-mpos

http://disrupt-africa.com/2017/09/sas-the-sun-exchange-crowdfunds-solar-at-knysna-elephant-park/


Barclays Accelerator

140


Blockchain > Investors > Barclays Accelerator

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531c0a1ae4b0f7e1663a0a65%3Abarclaysaccelerator.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531c0a1ae4b0f7e1663a0a65%3Abarclaysaccelerator.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/Tif5FU-N3Dbqy9QhJskrTJxCaFf3fpACZcejhu9Vq6A/barclaysaccelerator.com

http://barclaysaccelerator.com/


Kickstart Accelerator

141


Blockchain > Investors > Kickstart Accelerator

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5681799be4b07a58e3018b46%3Akickstart-accelerator.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5681799be4b07a58e3018b46%3Akickstart-accelerator.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/RrxhlZjwKwfRjwmTkpwMB7ughFiy1cjN-xkvsKKdgEk/kickstart-accelerator.com

https://kickstart-accelerator.com/

http://linkedin.com/company/kickstart-accelerator

http://twitter.com/ks_accelerator


Alchemist Accelerator

142


Blockchain > Investors > Alchemist Accelerator

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D530093cfe4b05a7723f3cb9d%3Aalchemistaccelerator.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D530093cfe4b05a7723f3cb9d%3Aalchemistaccelerator.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/BSnymLM7yUsc5Sw1dGwjpC_QTe5SVqMJiWFUtMEE58o/alchemistaccelerator.com

http://alchemistaccelerator.com/

http://linkedin.com/company/alchemist-accelerator

http://twitter.com/alchemistacc


SparkLabs

143


Blockchain > Investors > SparkLabs

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531a4595e4b0f7e1660bce38%3Asparklabs.co.kr%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531a4595e4b0f7e1660bce38%3Asparklabs.co.kr%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/B3V1xMVh0CALSv1ARt2XY3upyotl-DEv35qIqknXnUA/sparklabs.co.kr

http://www.sparklabs.co.kr/lb/index.php

http://linkedin.com/company/sparklabs---global-accelerator

http://twitter.com/sparklabskorea


Amplify

144


Blockchain > Investors > Amplify

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53187ac3e4b01c90cfdbaa5f%3Aamplify.la%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53187ac3e4b01c90cfdbaa5f%3Aamplify.la%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/_SH_v3pSHWT7x1oD6P-1GWZ8Uk6qIwZaaLaIFkvR-Zo/amplify.la

http://amplify.la/

http://linkedin.com/company/amplify-la

http://twitter.com/amplifyla


Axel Springer Plug and Play Accelerator

145


Blockchain > Investors > Axel Springer Plug and Play Accelerator

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5318d7ede4b0f7e165e9d3d7%3Aaxelspringerplugandplay.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5318d7ede4b0f7e165e9d3d7%3Aaxelspringerplugandplay.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/iGZluggObZRnLlqyau1gi7oDH08Gvh5t-e0ZjcXqPHQ/axelspringerplugandplay.com

http://www.axelspringerplugandplay.com/

http://linkedin.com/company/axel-springer-plug-and-play-accelerator

http://twitter.com/as_pnp


Ben Franklin Technology Partners

146


Blockchain > Investors > Ben Franklin Technology Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fcd13fe4b033a23dc7391b%3Abenfranklin.org%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fcd13fe4b033a23dc7391b%3Abenfranklin.org%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/jD81xtmr_gm1AJaYjV7Y4PFbisTqFbskW5QdbWzjwsc/benfranklin.org

https://benfranklin.org/

http://linkedin.com/company/ben-franklin-technology-partners

http://twitter.com/benfranklinnep


Block Chain Space

147


Blockchain > Investors > Block Chain Space

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D562fdbcde4b02d746a566ae2%3Ablockchain.space%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D562fdbcde4b02d746a566ae2%3Ablockchain.space%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/GEyeD-UGH5_WwYenKQbN7Qt3U1g_GUz1K0er1seGsGA/blockchain.space

http://blockchain.space/


http://twitter.com/blockchainspace


Capital Innovators

148


Blockchain > Investors > Capital Innovators

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5300905ae4b05a7723f3bfe6%3Acapitalinnovators.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5300905ae4b05a7723f3bfe6%3Acapitalinnovators.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/WGjPNVmWOtRtgRqHNlzQUoupoX00hbz36SRGhHi7g78/capitalinnovators.com

https://www.capitalinnovators.com/

http://linkedin.com/company/capital-innovators

http://twitter.com/capinnovators


Digital Currency Group

149


Blockchain > Investors > Digital Currency Group

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54dca9aae4b039ba8f60fe50%3Adcg.co%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D54dca9aae4b039ba8f60fe50%3Adcg.co%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/hpCBt8gV5J5UH1BuYdFIJkj3gIL23u3R_bDoTI5KaZE/dcg.co

http://dcg.co/

http://linkedin.com/company/digital-currency-group

http://twitter.com/dcgco


Pantera Capital

150


Blockchain > Investors > Pantera Capital

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5333e175e4b08b74836c437d%3Apanteracapital.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5333e175e4b08b74836c437d%3Apanteracapital.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/TXPeyaQBNrN9sP1Hyh1g-JsafXwDQJ3K2EdaJjU3lbc/panteracapital.com

https://www.panteracapital.com/

http://linkedin.com/company/pantera-capital

http://twitter.com/panteracapital


Startupbootcamp

151


Blockchain > Investors > Startupbootcamp

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff9fe0e4b0622455c92390%3Astartupbootcamp.org%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff9fe0e4b0622455c92390%3Astartupbootcamp.org%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/UQfqp15ZIjbi2pgJ0xZJyUiyw1MRCy1GLSXV89P9dJw/startupbootcamp.org

https://www.startupbootcamp.org/

http://linkedin.com/company/startupbootcamp

http://twitter.com/sbootcamp



152


Blockchain > Investors > Plug and Play Tech Center

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6135e4b0f5316e5a909a%3Aplugandplaytechcenter.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff6135e4b0f5316e5a909a%3Aplugandplaytechcenter.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/FLn81cuWYMAwkC0LcCHFDKzC75kv8589JSTf7-m3G9I/plugandplaytechcenter.com

http://plugandplaytechcenter.com/

http://linkedin.com/company/plug-and-play-tech-center


Coinsilium

153


Blockchain > Investors > Coinsilium

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D55531749e4b080e77b3801c4%3Acoinsilium.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D55531749e4b080e77b3801c4%3Acoinsilium.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/_0wAqyuT0u9aU9duW1Q7Fiu2F7d2a8DRn-i-nRnoP1M/coinsilium.com

https://www.coinsilium.com/

http://linkedin.com/company/coinsilium

http://twitter.com/coinsiliumgroup


FundersClub

154


Blockchain > Investors > FundersClub

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff75ece4b0622455c8e201%3Afundersclub.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff75ece4b0622455c8e201%3Afundersclub.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/K2xZy8SHIWf4KkBoJrsq6NaWMkbNU6bMoQ05VkHXQrQ/fundersclub.com

https://fundersclub.com/

http://linkedin.com/company/fundersclub

http://twitter.com/fundersclub


Crypto Currency Partners

155


Blockchain > Investors > Crypto Currency Partners

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5381199ce4b077877353f395%3Acryptocurrencypartners.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5381199ce4b077877353f395%3Acryptocurrencypartners.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/aiLgxMqHLUWuVFpvFirOWjK1pj9n0NEDorvTKAwujcs/cryptocurrencypartners.com

http://cryptocurrencypartners.com/

http://linkedin.com/company/crypto-currency-partners-lp


SBI Holdings

156


Blockchain > Investors > SBI Holdings

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5319be23e4b0f7e165ff87e3%3Asbigroup.co.jp%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D5319be23e4b0f7e165ff87e3%3Asbigroup.co.jp%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/9t-hfDhxcFfBVEqfDue_dv826JoQi1ANORNCdhxpcts/sbigroup.co.jp

https://www.sbigroup.co.jp/

http://twitter.com/sbigroup


BnkToTheFuture

157


Blockchain > Investors > BnkToTheFuture

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D550bde3ae4b0db693f30569a%3Abnktothefuture.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D550bde3ae4b0db693f30569a%3Abnktothefuture.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/fW9Ie2_QrMO795RMAyCycOXrHLqJpE7_Oog6PF4HCj0/bnktothefuture.com

https://bnktothefuture.com/


http://twitter.com/banktothefuture


CME Group

158


Blockchain > Investors > CME Group

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fded82e4b033a23dc73a0a%3Acmegroup.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52fded82e4b033a23dc73a0a%3Acmegroup.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/PSxKiDbc43P2seTFb8qMIT3n2zd2skghvGqGQ-1kojo/cmegroup.com

http://www.cmegroup.com/

http://linkedin.com/company/cme-group

http://twitter.com/cmegroup


Draper Associates

159



https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff7168e4b0622455c8da76%3Adrapervc.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52ff7168e4b0622455c8da76%3Adrapervc.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/y1Tgino8Jq-AjVSTqVOGLx9tbxVuQT2kGajqjPW-Uck/drapervc.com

http://drapervc.com/

http://twitter.com/draperassociate


FinTech Innovation Lab

160


Blockchain > Investors > FinTech Innovation Lab

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53b33e17e4b099dec62dafde%3Afintechinnovationlabnyc.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D53b33e17e4b099dec62dafde%3Afintechinnovationlabnyc.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/CP_KsqxH9B8QMyfI0luoSzC9iJVDZU2nKiUleGDHxEA/fintechinnovationlabnyc.com

http://www.fintechinnovationlab.com/new-york/

http://linkedin.com/company/fintech-innovation-lab

http://twitter.com/fintechlab


Goldman Sachs

161


Blockchain > Investors > Goldman Sachs

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52e7748be4b0ec3490499f2e%3Agoldmansachs.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52e7748be4b0ec3490499f2e%3Agoldmansachs.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/KhvQAjaUrixt57pN1UnzMRV5IjRTypc7LwmgtQhaHmg/goldmansachs.com

http://www.goldmansachs.com/

http://linkedin.com/company/goldman-sachs

http://twitter.com/goldmansachs


UK Government

162


Blockchain > Investors > UK Government

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531b67f0e4b0f7e16627eb5c%3Agov.uk%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D531b67f0e4b0f7e16627eb5c%3Agov.uk%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/wbO0smwzsF4yUfrzHecGyCwPKdodUgXUziThXfQajPs/gov.uk

https://www.gov.uk/


http://twitter.com/govuk


Silicon Valley Bank

163


Blockchain > Investors > Silicon Valley Bank

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52f86ed8e4b033a23dc7334c%3Asvb.com%7Csort%3DdatePublished

https://tracxn.com/query/feedview#%7Cinvestor%5EinstitutionalInvestor%3D52f86ed8e4b033a23dc7334c%3Asvb.com%7CcompanyStage%3DAcquired%2CPublic%7Csort%3DdatePublished

https://tracxn.com/funds/E3GL77cZFsOGcHX1blQnqZTVr3iEgGgWm6pzLWd2Ww0/svb.com

https://www.svb.com/

http://linkedin.com/company/silicon-valley-bank?trk=prof-following-company-logo

http://twitter.com/svb_financial


Contents

Feed Summary

Investment Trend

Key Markets

Exit Outlook

Investors

News

Appendix

164

Recent News






https://tracxn.com/reports/rh2_gC3Inr5132Oyzz_vjA/MarketingTech Sector Landscape Report?utm_source=Blockchain-Report-News&utm_medium=Mktg-Page-MarketingTech-Report&utm_campaign=MarketingTech-Report-Button&utm_content=Download

https://tracxn.com/reports/3TMmsOEw30ts_oFVqByixg/Sales Force Automation Sector Landscape Report?utm_source=Blockchain-Report-News&utm_medium=Mktg-Page-Sales-Force-Automation-Report&utm_campaign=Sales-Force-Automation-Report-Button&utm_content=Download

https://tracxn.com/reports/SyZeKDXlfudqFLACFHzEcg/Consumer HealthTech Sector Landscape Report?utm_source=Blockchain-Report-News&utm_medium=Mktg-Page-Consumer-HealthTech-Report&utm_campaign=Consumer-HealthTech-Report-Button&utm_content=Download

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Recent News (1/2)

166

Blockchain > News > Recent News

Jan 2018 MedChain Pre-ICO Funding to Launch, chain-finance.com

Jan 2018Qtum Foundation, Trusted IoT Alliance, and Chronicled, Inc. to Develop Secure IoT Use Cases, PR Newswire

Jan 2018Plug and Play Indonesia first batch startups raise US$1M follow-on funding, E27

Jan 2018 Smart contract technology set to transform commerce, Digital Journal

Dec 2017AIM Listed TechFinancials Plans Blockchain Based Diamond Exchange with Cedex Purchase, Crowdfund Insider

Dec 2017NuCypher raises $4.3m in presale to bring private data to public blockchains, CoinReport

Dec 2017WINGS Foundation Announces Strategic Engagement with Aurora Labs to Bring Qualified ICOs to its Decentralized Exchange, GlobeNewswire

Dec 2017WINGS Announces Beta Testnet Launch to Evaluate ICOs with Crowdsourced Due Diligence, GlobeNewswire

Dec 2017Global Yellow Pages acquires 50.11% stake in property investment online platform FundPlaces for $2 mil, theedgesingapore.com

Dec 2017Bitcoin Investment Trust Announces Record Date for Distribution of Bitcoin Segwit2X, PR Newswire

Dec 2017Cryptocurrency Platform Dash Appoints Former American Express Senior Manager Bradley Zastrow As New Director of Global Business Development, Crowdfund Insider

Dec 2017Waves Announces New Blockchain Investment Fund, Finance Magnates


Dec 2017trade.io Partners with Bancor Protocol to Provide Continuous Liquidity to Token Holders, PR Newswire

Dec 2017World’s Leading Crypto Exchange Binance Partners With Uplive -Asia’s Premier Live Video Platform, Business Wire

Dec 2017Ties.Network Announces Strategic Partnership With Tidex Exchange, Lists TIE Token, Jersey City Breaking News

Dec 2017Siemens, LO3 Seek to Expand Collaboration on Energy Tech Projects; Ralf Christian Comments, ExecutiveBiz

Dec 2017EasyJet chooses Covesting to educate their flyers on crypto, Financial News


Dec 2017TechFinancials Agrees Share Purchase Deal For Diamond Blockchain Firm, Morningstar

Dec 2017Internxt Wants to Build a New Internet, INXT Price Raised to New-High of $23, Coinspeaker

Dec 2017 ATB Coin the Latest to Face Class-Action Suit After ICO, CoinDesk


Dec 2017Rivetz Joins Trusted IoT Alliance to Collaborate on Blockchain-

Based IoT Solutions, PR Newswire

Dec 2017Blockchain Finance App Change Integrates Kyber Network, BlockTribune

http://www.chain-finance.com/2018/01/03/medchain-pre-ico-funding-to-launch/

https://www.prnewswire.com/news-releases/qtum-foundation-trusted-iot-alliance-and-chronicled-inc-to-develop-secure-iot-use-cases-300576290.html

http://e27.co/plug-play-indonesia-first-batch-startups-raise-follow-funding-20180102

http://www.digitaljournal.com/business/smart-contract-technology-set-to-transform-commerce/article/511177

https://www.crowdfundinsider.com/2017/12/126528-aim-listed-techfinancials-plans-blockchain-based-diamond-exchange-cedex-purchase/

https://coinreport.net/nucypher-raises-4-3m/

http://globenewswire.com/news-release/2017/12/30/1276771/0/en/WINGS-Foundation-Announces-Strategic-Engagement-with-Aurora-Labs-to-Bring-Qualified-ICOs-to-its-Decentralized-Exchange.html

http://globenewswire.com/news-release/2017/12/30/1276777/0/en/WINGS-Announces-Beta-Testnet-Launch-to-Evaluate-ICOs-with-Crowdsourced-Due-Diligence.html

https://www.theedgesingapore.com/global-yellow-pages-acquires-5011-stake-property-investment-online-platform-fundplaces-2-mil

https://www.prnewswire.com/news-releases/bitcoin-investment-trust-announces-record-date-for-distribution-of-bitcoin-segwit2x-300576119.html

https://www.crowdfundinsider.com/2017/12/126506-cryptocurrency-platform-dash-appoints-former-american-express-senior-manager-bradley-zastrow-new-director-global-business-development/

http://financemagnates.com/cryptocurrency/news/waves-announces-new-blockchain-investment-fund

http://www.prnewswire.co.uk/news-releases/tradeio-partners-with-bancor-protocol-to-provide-continuous-liquidity-to-token-holders-666943603.html

http://businesswire.com/news/home/20171228005141/en/World%E2%80%99s-Leading-Crypto-Exchange-Binance-Partners-Uplive

http://jerseycitybreakingnews.com/pressrelease/tiesnetwork-announces-strategic-partnership-with-tidex-exchange-lists-tie-token-1080678/

http://blog.executivebiz.com/2017/12/siemens-lo3-seek-to-expand-collaboration-on-energy-tech-projects-ralf-christian-comments

http://www.financial-news.co.uk/45414/2017/12/easyjet-chooses-covesting-to-educate-their-flyers-on-cr/


http://morningstar.co.uk/uk/news/AN_1514450473609481700/techfinancials-agrees-share-purchase-deal-for-diamond-blockchain-firm.aspx

https://www.coinspeaker.com/2017/12/27/internxt-wants-build-new-internet-inxt-price-raised-new-high-23/

http://coindesk.com/atb-coin-the-latest-to-face-class-action-suit-after-ico


https://www.prnewswire.com/news-releases/rivetz-joins-trusted-iot-alliance-to-collaborate-on-blockchain-based-iot-solutions-300575473.html

http://blocktribune.com/blockchain-finance-app-change-integrates-kyber-networks-protocol/



Recent News (2/2)

167

Blockchain > News > Recent News

Dec 2017Chronicled Achieves 21 CFR Part 11 Certification for its Second-Generation Micro Temp-Logging Solution, Pharmacy Choice

Dec 2017oBike to launch own cryptocurrency that lets users pay for rides, earn as they ride , Channel NewsAsia

Dec 2017Synereo Integrates Changelly’s API, Allows Users to Purchase AMPs Using Any Currency, Coinspeaker

Dec 2017 Waves establishes presence in Amsterdam, Finextra

Dec 2017Tron Includes Senior Developer from Alibaba in the Team, Finance Magnates

Dec 2017NEM Blockchain to Power Snap Interactive's Backchannel Messenger App, BlockTribune

Dec 2017GEM Bags Bulk Raw Material Supply Deal With Chinese Lithium Battery Maker, Yicai Global

Dec 2017DNotes Global, Inc. Announces Partnership With Geneca for Blockchain Technology Development, Newswire

Dec 2017Monaco Expands Strategic Cooperation Agreement With Binance, PR Newswire

Dec 2017Can blockchain replace supermarkets? INS says yes, raises $43 million to prove it, VentureBeat

Dec 2017Blockchain-based content platform Narrative adds board advisor, Bankless Media Inc

Dec 2017Chef’n owner Filament Brands sold in $313 million deal , The Business Journals


Dec 2017Overstock.com Subsidiary tZERO to Take 24% Interest in StockCross Financial, Business Wire

Dec 2017 Ripple making waves in the cryptocurrency market, Digital Journal

Dec 2017Mountain View Capital Announces Investment in Blockchain Company SONM , ePRNews

Dec 2017Blockchain Startup Moeco Wants to ‘Uberize’ IoT Connectivity, BlockTribune

Dec 2017Primechain Adds Another Blockchain X-Border Payments Tool To India, FinTechnewsToday

Dec 2017Gibraltar Blockchain Exchange and QUOINE Announce Strategic Partnership, PR Newswire

Dec 2017GM Financial Joins Hyperledger to Test Blockchain, Auto Finance News

Dec 2017MaidSafe Launches Community Engagement Programme to Accelerate SAFE Network Development and Awareness, RealWire

Dec 2017HIVE Blockchain Announces Major Expansion in Sweden, Including New Bitcoin Mining Facility, and Up to $115 Million Financing, bctechnology.com

Dec 2017Blockchain Incubator for Pre-ICO Projects Launched by Waves Platform, BlockTribune

Dec 2017 XRP now available on 50 exchanges worldwide, Finextra

Dec 2017Etherparty & RSK Partnership Fuels Future Adoption of Smart Contract Technology, PR Newswire

http://pharmacychoice.com/news/article.cfm?Article_ID=1910292

http://www.channelnewsasia.com/news/singapore/obike-to-launch-own-cryptocurrency-that-lets-users-pay-for-rides-9810476

https://www.coinspeaker.com/2017/12/26/synereo-integrates-changellys-api-allows-users-purchase-amps-using-currency/

http://finextra.com/pressarticle/72022/waves-establishes-presence-in-amsterdam

https://www.financemagnates.com/cryptocurrency/news/tron-includes-senior-developer-alibaba-team/

http://blocktribune.com/nem-blockchain-power-snap-interactives-backchannel-messenger-app/

https://yicaiglobal.com/news/gem-bags-bulk-raw-material-supply-deal-chinese-lithium-battery-maker

https://www.newswire.com/news/dnotes-global-inc-announces-partnership-with-geneca-for-blockchain-20122009

http://www.prnewswire.co.uk/news-releases/monaco-expands-strategic-cooperation-agreement-with-binance-666361303.html

http://venturebeat.com/2017/12/25/can-blockchain-replace-supermarkets-ins-says-yes-raises-43-million-to-prove-it

https://www.banklesstimes.com/2017/12/23/blockchain-based-content-platform-narrative-adds-board-advisor/

https://www.bizjournals.com/seattle/news/2017/12/22/lifetime-brand-buys-chefn-filament-brands.html

https://www.businesswire.com/news/home/20171222005281/en

http://www.digitaljournal.com/tech-and-science/technology/ripple-making-waves-in-the-cryptocurrency-market/article/510626

https://eprnews.com/mountain-view-capital-announces-investment-in-blockchain-company-sonm-ticker-snm-279870/

http://blocktribune.com/blockchain-startup-moeco-wants-uberize-iot-connectivity/

http://fintechnewstoday.com/primechain-adds-another-blockchain-x-border-payments-tool-to-india/

http://www.prnewswire.co.uk/news-releases/gibraltar-blockchain-exchange-and-quoine-announce-strategic-partnership-665862403.html

https://www.autofinancenews.net/gm-financial-joins-hyperledger-to-test-blockchain/

http://realwire.com/releases/MaidSafe-Launches-Community-Engagement-Programme-to-Accelerate-SAFE-Network

http://bctechnology.com/news/2017/12/21/HIVE-Blockchain-Announces-Major-Expansion-in-Sweden-Including-New-Bitcoin-Mining-Facility-and-Up-to-115-Million-Financing.cfm

http://blocktribune.com/blockchain-incubator-for-pre-ico-projects-launched-by-waves-platform/

http://finextra.com/pressarticle/72071/xrp-now-available-on-50-exchanges-worldwide

https://www.prnewswire.com/news-releases/etherparty--rsk-partnership-fuels-future-adoption-of-smart-contract-technology-665645483.html


Contents

Feed Summary

Investment Trend

Key Markets

Exit Outlook

Investors

News

Appendix

168

Explore more on Tracxn Platform

Index of Top companies by Market

Funded Deadpooled Companies



3D PrintingDec 2017



https://tracxn.com/reports/7Eg0m9fXa_RtdxeAo_oSyQ/3D Printing Sector Landscape Report?utm_source=Blockchain-Report-Appendix&utm_medium=Mktg-Page-3D-Printing-Report&utm_campaign=3D-Printing-Report-Button&utm_content=Download

https://tracxn.com/reports/2LroL_AwfkzNNSHeLMetng/Consumer Robotics Sector Landscape Report?utm_source=Blockchain-Report-Appendix&utm_medium=Mktg-Page-Consumer-Robotics-Report&utm_campaign=Consumer-Robotics-Report-Button&utm_content=Download

https://tracxn.com/reports/AwrxHU3LP9fBUafEoVDERg/Industrial Internet of Things Sector Landscape Report?utm_source=Blockchain-Report-Appendix&utm_medium=Mktg-Page-Industrial-Internet-of-Things-Report&utm_campaign=Industrial-Internet-of-Things-Report-Button&utm_content=Download

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Explore more on Tracxn Platform

170

Companies

Companies Covered

Unicorns

Public Companies

Acquired Companies

Funded Companies

Investment Trends

Recent Investments

Mega Investments

Investment Trend

Markets

BlueBox

Taxonomy

News

Key News

Recent News

Company Stage

Angel Funded

Seed Funded

Early Stage (Series A/B)

Late Stage (Series C+)

Acqui-hires

DeadPooled

Investors Acquirers

Unicorn Investors


Most Active VC &PE Investors

Portfolio of Top Investor

Most Active Acquirer

Blockchain > Appendix > Explore Sector on Tracxn Platform

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Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain

Index of Top companies by Market (1/17)

171

Blockchain > Appendix > Index of Top companies by Market

Financial Services

Payments

Circle (2013, Boston, $136M)Digital currency wallet for global money transfersSoonicorn. Stage: Series D

Baidu, IDG Capital Partners, Breyer Capital and 13 Other Investors

Ripple (2012, San Francisco, $90.5M)Open source payment protocol for cross border money transfer.Soonicorn. Stage: Series B

Standard Chartered, SBI Holdings, Digital Ventures and 25 Other Investors

Veem (2014, San Francisco, $40M)B2B payment platform.Minicorn. Stage: Series B

KPCB, Silicon Valley Bank, SBI Holdings and 15 Other Investors

Payments

Abra (2014, Mountain View, $30M)Fiat money remittance based on bitcoinMinicorn. Stage: Series B

HCM International, Arbor Ventures, American Express and 19 Other Investors

Uphold (2014, San Francisco, $15.5M)Multiple currency reserve and exchange platform.Soonicorn. Stage: Series B

BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.Soonicorn. Stage: Series A

Greycroft Partners, Plug and Play Tech Center, Draper Associates and 10 Other Investors

Coins.ph (2013, Manila, $10M)Bitcoin wallet for transactions in PhilippinesMinicorn. Stage: Series A

Naspers, Accion, Innovation Endeavors and 10 Other Investors

Payments

Wyre (2013, San Francisco, $7.5M)International money transfers using blockchainMinicorn. Stage: Series A

Amway Southern Capital, Digital Currency Group, Draper Associates and 6 Other Investors

Billon Cash (2015, Warsaw, $5M)Digital fiat currency solution providerMinicorn. Stage: Series A

SILK Venture

Stellar (2014, San Francisco, $3M)Decentralized protocol for sending and receiving money in any pair of currenciesEditor's Pick. Stage: Seed

Orb (2014, Tokyo, $2.3M)Community cryptocurrency platform for businessesEditor's Pick. Stage: Seed

SBI Holdings, Adways, Monex Ventures and 2 Other Investors

https://tracxn.com/companies/Pwwl237h6IuAX1wWWxE55qiaXo6KnLKhtTqKbo9AqO0/circle.com

https://tracxn.com/companies/UbNX-ktmTV3BDecfR9Uo-uGJp9LCSX6mDuXkVEvgWXc/ripple.com

https://tracxn.com/companies/0paPSVrcflD2pbiBPZ0C9o63_MIzEa0yeYPw4jAlmME/veem.com

https://tracxn.com/companies/tfVhV4BLht6sHg820MmQEr8RTMFJk6LaQn9hF7rasHo/abra.com

https://tracxn.com/companies/g0BX_SA1ClX0C7wHsCqs4Fqtwk6nGnTnLk9BTDuOPRM/bitpesa.co

https://tracxn.com/companies/6pWk7850JDJkVsaaG-6Uj5oK5JFlxRl6uwUucYD_nFw/coins.ph

https://tracxn.com/companies/sPeLZf3ggykeo66C9Jh-O1SrysNVTO02BwfAvclOhmE/sendwyre.com

https://tracxn.com/companies/foaloAIeBR9IG6hxJrm36ANPUwHHJO4xJiED3IctU5M/imagine-orb.com




172


Financial Services

Payments

Streami (2015, Seoul, $2M)Middleware and infrastructure for Blockchain remittanceMinicorn. Stage: Seed

Shinhan Bank, ICB, Blue Point Capital Partners and 2 Other Investors

Loyyal (2014, San Diego, $1.5M)Royalty network based on Bitcoin.Minicorn. Stage: Series A

INET, UAE Exchange, Hayaat Group and 1 Other Investors

Tokken (2016, Denver, $1.5M)Mobile wallet for cannabis industry leveraging blockchain to record transactions.Editor's Pick. Stage: Seed

Payments

Bitwala (2013, Utrecht, $890k)Bill payment via bitcoinsMinicorn. Stage: Seed

Digital Currency Group, KfW Bankengruppe, High-Tech Grunderfonds

Bitwage (2013, San Francisco, $761k)Mass payout provider using block-chain technology.Minicorn. Stage: Seed

Orange Silicon Valley, Draper Associates, Bitcoin Capital and 2 Other Investors

Moin (2016, Seoul, $581k)Blockchain-based remittance service.Editor's Pick. Stage: Seed

Capstone Partners, Strong Ventures

Payments

Cashila (2013, More, $263k)Bill payment and money transfer in bitcoins to euro.Minicorn. Stage: Seed

LAUNCHub

BitNexo (2014, Santiago, $60k)Bitcoin based B2B cross border money transfer service provider.Minicorn. Stage: Seed

Chinaccelerator, SOSV

Sentbe (2015, Seoul, $25k)Money transfer service from Korea to Philippines.Editor's Pick. Stage: Seed

SparkLabs, Stonebridge Capital

Dragonfly Fintech (2014, Singapore)Blockchain based remittance servicesMinicorn. Stage: Unfunded

https://tracxn.com/companies/vsSqCptZQTfDbboNOARy9XnR4Zttm7VXJ2a39FIWm_A/streami.co

https://tracxn.com/companies/r08Gh7hX7OEehYmFG1pfjzfF5o4XR0Kw4lvlu9h8eoM/loyyal.com

https://tracxn.com/companies/uu0RjEnU7HQ2e7cK8d5bgb1Kkv5ZNKElDWJqOIhHY0g/bitwage.com




173


Financial Services

Payments

CoinX (2013, New York City)Online money transfer and ACH services provider.Editor's Pick. Stage: Unfunded

Currency Alliance (2015, Barcelona)Loyalty program solution using blockchain.Editor's Pick. Stage: Funded

Howzat Partners

Echo (2016, Munich)P2P messaging and payments platform leveraging blockchain.Editor's Pick. Stage: Unfunded

eCM (2014, Dublin)Fiat digital currency issuing for central banksEditor's Pick. Stage: Series C

Radicle Impact Partners, Omidyar Network

FinMates (2016, Singapore)Remittance service provider performed by independent agents.Editor's Pick. Stage: Unfunded

Payments

Flash FX (2015, Sydney)Online platform for money transfer leveraging Ripple protocol.Editor's Pick. Stage: Unfunded

Hyphen (2016, Seoul)Blockchain settlement solution provider for businesses.Editor's Pick. Stage: Unfunded

Tether (2014, Santa Monica)Digital tokens for fiat curreny using blockchain network.Editor's Pick. Stage: Unfunded

Vala (2015, Tel Aviv)Money transfer using marketplace of remitters.Editor's Pick. Stage: Funded

Techstars

WageCan (2014, Taipei)Wages and payments in blockchain assetsEditor's Pick. Stage: Unfunded

Payments

Tramonex (2013, London)Ethereum tool based cross border payments to SMEsMinicorn. Stage: Funded

UK Government

Airpocket (2015, Boston)Bitcoin based remittance service provider.Editor's Pick. Stage: Unfunded

Bitwala (2015, Berlin)Cross-border remittance platform accepting Bitcoin and AltcoinsEditor's Pick. Stage: Unfunded

Bluepan (2015, Seoul)Blockchain-based remittance solution provider.Editor's Pick. Stage: Unfunded

Cashaa (2016, London)Remittance solution using agents for currency exchange leveraging Blockchain.Editor's Pick. Stage: Unfunded




174


Financial Services

Payments

GeoPay (2014, Sandton)Mobile wallet payment and money transfer service provider.Editor's Pick. Stage: Unfunded

HashCash (2015, Kolkata)Blockchain-based payment solutionsEditor's Pick. Stage: Unfunded

MarketPay (2016, Barcelona)Blockchain-enabled escrow payment enabler.Editor's Pick. Stage: Unfunded

Simper (2016, Guadalajara)Blockchain based remittancesEditor's Pick. Stage: Unfunded

Trustlines Network (2017, Mainz)Ethereum based P2P poeple powered money blockchain network.Editor's Pick. Stage: Unfunded

Payments

Wone Payments (2015, Helsinki)Blockchain based mobile paymentsEditor's Pick. Stage: Unfunded

DigitalX (1988, Boston)Blockchain technology for money transfer & trading servicesIPO Date Jun 1989 Mcap $131MIPO Mcap -ASX DCC P/E -

Trading













175


Financial Services

Trading

Quoine (2014, Singapore, $22M)Multi service bitcoin exchange platformSoonicorn. Stage: Series A

JAFCO

Axoni (2016, New York City, $20M)Blockchain solutions for capital marketsMinicorn. Stage: Series A

Wells Fargo, Euclid Opportunities, Goldman Sachs and 7 Other Investors

LedgerX (2014, New York City, $16.4M)Institutional derivatives exchange.Editor's Pick. Stage: Series B

MIAX Options, Huiyin Blockchain Ventures, GV and 6 Other Investors

Trading

Cryex (2013, Stockholm, $10M)Multi-Currency matching platform.Minicorn. Stage: Acquired

Northzone, White Star Capital, SparkLabs Global Ventures and 1 Other Investors

uTrade (2011, Chandigarh, $800k)Open-source multi-asset trading platform and blockchain based settlement/clearingMinicorn. Stage: Seed

Axis Bank, Axis Capital Partners

Equibit (2015, Toronto, $150k)Blockchain based security trading enablerEditor's Pick. Stage: Seed

Epiphyte (2013, London, $70.4k)Enterprise software for integrating financial institutions with cryptofinancial networks.Minicorn. Stage: Seed

Startupbootcamp, Force Over Mass Capital, Plug and Play Tech Center

Trading

Clearmatics (2015, London)Clearing and settlement technology for financial OTC marketsMinicorn. Stage: Seed

Route 66 Ventures, Tellurian Capital, Nyca

Domus Tower (2014, San Francisco)Realtime equity trade settlement solutionMinicorn. Stage: Seed


Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technologyMinicorn. Stage: Seed

Deloitte

Prism (2017, Zug)Decentralized cryptocurrency exchange based on ethereumEditor's Pick. Stage: Unfunded

https://tracxn.com/companies/GCckvhdxlDwuhHhSfmice_GAvsrUrW1wEe9dGpIGj4o/axoni.com

https://tracxn.com/companies/e0Q1LIfW52Yr9rcaBfqXz-tN6A3lpuVYhTstAVk_-SA/ledgerx.com

https://tracxn.com/companies/xiW6k1yhdWmaeMlqiZ5rr80Sl5RC3ggISu8ZV-ZJZxM/cryex.com




176


Financial Services

Trading

SmartContracts (2014, New York City)Blockchain based contractual agreementsEditor's Pick. Stage: Seed

Data Collective, Underscore VC, BlockVentures Capital

Proof (2016, Gangnam)Blockchain platform to manage and trade equity, debt, program points, and other financial assets.Editor's Pick. Stage: Unfunded

Qvolta (2017, Singapore)Peer to peer cryptocurrency exchange.Editor's Pick. Stage: Unfunded

T0 (2015, New York City)Securities trading on a blockchain.Editor's Pick. Stage: Funded

Quilvest Private Equity, Medici Ventures

Investments

Neufund (2016, Berlin, $13.7M)Blockchain-based platform to offer inital coin offering to startups.Editor's Pick. Stage: Series A

Atlantic Labs

Polychain (2016, San Francisco, $10M)Protocol level token oriented investment fund.Editor's Pick. Stage: Series A

Andreessen Horowitz, Union Square Ventures, Boost VC and 2 Other Investors

COMSA (2016, Osaka, $9M)End-to-end ICO solutions providerEditor's Pick. Stage: Series A

Nippon Technology Venture Partners, ABBALab

Investments

Enigma (2016, San Francisco, $1.4M)Decentralised exchange protocol for creation of micro-hedge funds.Editor's Pick. Stage: Seed

Floodgate Fund, Converge, Digital Currency Group and 1 Other Investors

Sharpe capital (2015, London)ML & AI based investment fund built on EthereumEditor's Pick. Stage: Unfunded

ICONOMI (2016, Ljubljana)Decentralized fund management for digital asetsEditor's Pick. Stage: Funded

The Bayrock Management Group

Moneyrebel (2017, Ljubljana)Blockchain-based mobile finance platformEditor's Pick. Stage: Funded

ABC Accelerator

https://tracxn.com/companies/oed9my3SOK18bG__3-pD-XDlI4G3cJYphhEPRebWCew/polychain.capital

https://tracxn.com/companies/xyFPMARj-XjrOg9siO-lLjja3MOsiYilxbx-6mWmy_M/enigma.co




177


Financial Services

Investments

NapoleonX (2017, Paris)Decentralized Autnomous FundsEditor's Pick. Stage: Unfunded

TaaS (2016, Singapore)Smart Contract based Closed-end fundEditor's Pick. Stage: Unfunded

Tokenhub (2014, Beverly Hills)Turkney ICO platformEditor's Pick. Stage: Unfunded

Banking

Thought Machine (2014, London)Blockchain-based core banking engine offered through SaaSEditor's Pick. Stage: Funded

IQ Capital Partners

Paycase (2014, Toronto)Universal banking platform that leverages blockchain technologyMinicorn. Stage: Seed

Crypto Capital, Hedgewood

Babb App (2016, London)Etheruem smart contracts based banking platform.Editor's Pick. Stage: Unfunded

Insurance

SafeShare Global (2015, London)Insurance solution for sharing economyMinicorn. Stage: Unfunded

Etherisc (2016, Munich)Decentralized insurance application for InsurersEditor's Pick. Stage: Unfunded




178


Financial Services

Risk Management

BitGo (2013, San Francisco, $54.5M)Multi-signature security for cryptocurrency paymentsMinicorn. Stage: Series B

Valor Equity Partners, DRW Trading Group, David Sacks and 11 Other Investors

Elliptic (2014, London, $7M)Bitcoin's blockchain intelligence & risk management companyMinicorn. Stage: Series A

Paladin Capital, Santander InnoVentures, KRW Schindler and 4 Other Investors

Coinfirm (2016, London, $747k)Blockchain AML/KYC risk and compliance platformEditor's Pick. Stage: Seed

Luma Investment

Risk Management

Everledger (2015, London, $120k)Preventing diamond fraud and theftMinicorn. Stage: Seed

MasterCard Start Path, BBVA Innovation Center, Barclays Accelerator and 4 Other Investors

Polycoin (2014, Tel Aviv)Blockchain identity and asset transfer solutions for banksMinicorn. Stage: Unfunded

Kyck (2016, Singapore)Blockchain enable KYC solution providerEditor's Pick. Stage: Unfunded

Trade Finance

Hijro (2014, Lexington, $2.5M)Software platform for cross-border B2B tradeMinicorn. Stage: Seed

Draper Associates, Digital Currency Group, FF Venture Capital and 12 Other Investors

Skuchain (2014, San Francisco)Blockchain based solution for B2B commerceMinicorn. Stage: Seed

Digital Currency Group, Amino Capital, Fenbushi Capital

Gatechain (2016, Zurich)Blockchain-based issuance of trade finance contracts digitallyEditor's Pick. Stage: Funded

Kickstart Accelerator

Kratos Innovation Labs (2016, Singapore)Smart contracts as a serviceEditor's Pick. Stage: Unfunded

https://tracxn.com/companies/QOrp8g3vVJ4_aChgdby0d6PSB8lEW2xVS2S12Fn_cnU/bitgo.com

https://tracxn.com/companies/yCCh6LJLBw3hf9nmChF0AqsFkL5jLE0SXud2YkGrfYg/elliptic.co

https://tracxn.com/companies/1cXoH7lQUqJVTWv7kkxvdf2bpUc3D5_usQ9QVketfI0/everledger.io

https://tracxn.com/companies/KUp93f0p_uQyVQyJr8X6N6aLeIa9R5gwniH7GRzgiqQ/hijro.com




179


Financial Services

Trade Finance

Smart Valor (2017, Zurich)Protocol layer aimed at trade finance industryEditor's Pick. Stage: Unfunded

Lending

Salt lending (2016, Denver)Blockchain asset backed loans.Editor's Pick. Stage: Funded

ValueNet Capital

Enterprise

Distributed Storage

Maidsafe (2013, Troon, $6M)Decentralized platform for application developers.Minicorn. Stage: Funded




180


Enterprise

Internet Of Things

Filament (2012, Reno, $35.6M)Decentralized Internet of Things stackMinicorn. Stage: Series C

Verizon Ventures, Bullpen Capital, Intel Capital and 18 Other Investors

Slock.it (2015, Mittweida, $2M)Block chain based IoT smart contract solutionMinicorn. Stage: Seed

Record Keeping

burstIQ (2015, Denver, $250k)Cloud-based data aggregation platform for providersMinicorn. Stage: Seed

PV Ventures, 500 Startups

Psi Phi Global (2016, Bangalore)Blockchain based products for document storageEditor's Pick. Stage: Unfunded

Concordata (2016, London)Distributed platform to share smart contractsEditor's Pick. Stage: Unfunded

RecordsKeeper (2016, Gurgaon)Record keeping SaaS solution based on blockchainEditor's Pick. Stage: Unfunded

Signzy (2015, Bangalore)Digital contract drafting and signing platform running on cloudEditor's Pick. Stage: Funded

Contrarian Drishti, Eight Innovate

Ownership Authentication

Stem Disintermedia (2015, Los Angeles, $12.5M)Digital rights management platformEditor's Pick. Stage: Series A

Evolution Media, Aspect Ventures, Red Light Management and 11 Other Investors

Chronicled (2014, San Francisco, $5.3M)Product authentication on blockchainMinicorn. Stage: Seed

Mandra Capital, Colbeck, Pantera Capital and 3 Other Investors

Mediachain (2015, New York City, $1.5M)Digital media association on blockchain.Minicorn. Stage: Acquired

RRE Ventures, Digital Currency Group, LDV Capital and 2 Other Investors

https://tracxn.com/companies/C42GWnOZYo_ywHNMkp9urOi6Kk1oARfwUkjtbF0bdSQ/filament.com

https://tracxn.com/companies/DLJyUCQ0g1SXntLcw4EfIcHgOSDm4q6lhCTkqGWL2Ms/stem.is

https://tracxn.com/companies/g9bwRXqz6272JJUVMcAQn4GWT34a_Hkxxymr3osXBrg/chronicled.com

https://tracxn.com/companies/VMuYiStixGrx0XNW4wGTKzkg3YiiMlIqSDvNtmP65WE/mediachain.io




181


Enterprise

Ownership Authentication

Stampery (2014, Madrid, $600k)Stamp emails and files for proof of existence and ownershipMinicorn. Stage: Seed

Draper Associates, Blockchain Capital, Boost VC

Loci (2015, Sterling, $305k)IP ManagementEditor's Pick. Stage: Seed

Trustatom (2014, Vancouver, $100k)Enforceable digital contractsEditor's Pick. Stage: Seed


LuxTag (2016, Cyberjaya)Blockchain based digital certificate for product authentication and proof of ownershipEditor's Pick. Stage: Unfunded

Distributed Identity

Evernym (2013, Salt Lake City, $6.5M)Distributed identity platformEditor's Pick. Stage: Series A

Outlier Ventures, Venture Capital

Onename (2013, New York City, $1.6M)Managing online identity and personal dataEditor's Pick. Stage: Seed

Union Square Ventures, SV Angel, High Line Venture Partners and 4 Other Investors

Userfeeds.io (2016, Warsaw, $450k)The Content Ranking System for Blockchain Communities.Editor's Pick. Stage: Seed

BanQu (2015, Austin, $100k)Economic identity platform on blockchainEditor's Pick. Stage: Funded

Raptor Group

Distributed Identity

Tradle (2014, New York City, $17k)SaaS on Bitcoin blockchainEditor's Pick. Stage: Seed

Startupbootcamp

Cetas (2016, Mumbai)Blockchain-based digital identity, KYC, AML & Financial ScoringEditor's Pick. Stage: Unfunded

https://tracxn.com/companies/9ehtQEpEXxM566MIW4nOCLdFr8EK3TgF5cKx-xbBDpY/onename.com




182


Enterprise

Security

Guardtime (2007, Irvine, $8.7M)Big data & blockchain based threat detection & mitigationMinicorn. Stage: Series B

Irvine Company, Microsoft Ventures, Horizons Ventures and 5 Other Investors

Gladius (2017, College Park)Blockchain-driven decentralized anti-DDoS attack platformEditor's Pick. Stage: Unfunded

Supply Chain

Arc Net NI (2015, Antrim, $2.5M)Product supply chain and brand security, authenticity and securityEditor's Pick. Stage: Seed

Richard Steeves

InstaSupply (2014, London, $1.5M)Procurement platform for buyers-suppliers.Editor's Pick. Stage: Seed

Bext360 (2016, Denver, $1.2M)End-to-end coffee supply chain management using artificial intelligence and blockchainMinicorn. Stage: Seed

Amani (2016, Windsor)End-to-end purchase order placing to payment solution on Ethereum-based blockchain.Editor's Pick. Stage: Unfunded

Supply Chain

Sofocle Technologies (2016, Noida)Blockchain based smart contract and supply chain solutions providerEditor's Pick. Stage: Unfunded

Yojee (2015, Singapore)Blockchain based logistics solutions targeting e-commerce logisticsIPO Date - Mcap -IPO Mcap -- - P/E -

https://tracxn.com/companies/cajxLjOGuTQ4T73G7hYCH-boea__TCx4yR1i9c-IQoM/guardtime.com




183


Enterprise

Governance Solutions

Humanitarian Blockchain (2016, London)Blockchain consultancy for global e-governance and humanitarian affairs.Editor's Pick. Stage: Unfunded

Consumer

Art & Music distribution

Blunner (Hoogeveen)AI-powered webdesign and blockchain marketplaceEditor's Pick. Stage: Unfunded

Digital Content

Basic Attention Token (2017, San Francisco)Digital token for rewarding stakeholders using Brave BrowserEditor's Pick. Stage: Unfunded

Decentraland (2014, Buenos Aires)VR world with a blockchain based in-built economy.Editor's Pick. Stage: Unfunded

SpectivVR (2017, Houston)VR Content Creation and Curation PlatformEditor's Pick. Stage: Unfunded




184


Consumer

Gaming Platform

Edgeless (2011, Vilnius, $1M)Zero edge casino built on EthereumEditor's Pick. Stage: Funded

P2P Commerce

OB1 (2015, Fairfax, $4.2M)Blockchain based P2P marketplaceMinicorn. Stage: Seed

Digital Currency Group, Union Square Ventures, Andreessen Horowitz and 3 Other Investors

Syscoin (2014, Brasilia)Blockchain services for merchants via marketplaceEditor's Pick. Stage: Unfunded

Technology

Technology

Blockchain Industries (2012, Brandenburg)Platform solutions for public and private blockchainsIPO Date - Mcap -IPO Mcap -- - P/E -

https://tracxn.com/companies/f1HnFJmnkAbS32Ci6aEB2ZCWJlH_HBJ_TwZAL7iMS8U/ob1.io




185


Technology

Smart Contracts

Tezos (2014, Zug, $10M)Smart Contract platform with an in-built governance mechanismEditor's Pick. Stage: Series A

Polychain

Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platformSoonicorn. Stage: Series A

Medici Ventures, Hundsun, Atlantic Merchant Capital Investors and 8 Other Investors

Hedgy (2014, San Francisco, $2M)Marketplace for hedging contracts on the Bitcoin.Minicorn. Stage: Seed

Sand Hill Angels, Tim Draper, Marc Benioff and 2 Other Investors

Smart Contracts

Attores (2016, Singapore, $21.9k)Smart contracts platformEditor's Pick. Stage: Seed

The FinLab

Agrello (2017, Tallinn)AI powered legally binding smart contracts.Editor's Pick. Stage: Funded

BlockVentures Capital

Sidechain

Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovationSoonicorn. Stage: Series B

G Lab, Horizons Ventures, AXA Strategic Ventures and 18 Other Investors

Credits (2014, London)Blockchain enabled platformMinicorn. Stage: Unfunded

Polkadot (2016, London)Multi-chain frameworkEditor's Pick. Stage: Unfunded

Counterparty (2014, New York City)Robust and secure marketplace directly on the Bitcoin Blockchain.Minicorn. Stage: Unfunded

https://tracxn.com/companies/WEYYl8LvIJTcj0NSyI8jT_IRM8RvgZTLCXm5GGFQIbg/symbiont.io

https://tracxn.com/companies/b8gUYWvy6yWrWB4JAw_fYUDkwkYd2IhvJHGamcLHP5E/hedgy.co

https://tracxn.com/companies/aLgyqMNQROjWWAB3ZZc1FLAYKPjhXnEmQyv60e5L8VI/blockstream.com




186


Technology






Colu (2014, Tel Aviv, $26.6M)Bitcoin based asset issuance and management platformEditor's Pick. Stage: Series B

IDB, Spark Capital, BoxGroup and 2 Other Investors


Tech bureau Lab (2015, Osaka, $25.8M)Japanese cryptocurrency technology company and Bitcoin Exchange operatorMinicorn. Stage: Series B

JAFCO, Infoteria, Arara and 5 Other Investors

AION (2017, Toronto, $22M)Inter-blockchain operability networkEditor's Pick. Stage: Series B

Nuco

Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise dataMinicorn. Stage: Series A

Peeli Ventures, Harvest Partners, Bill & Melinda Gates Foundation and 10 Other Investors


Gem (2014, Venice, $10.4M)Platform to develop blockchain applicationsMinicorn. Stage: Series A

Pelion Venture Partners, KEC Ventures, Blockchain Capital and 14 Other Investors

BlockCypher (2013, Redwood City, $3.5M)Cloud-optimized full blockchain nodesMinicorn. Stage: Seed

Fenox Venture Capital, Upside Partnership, AME Cloud Ventures and 11 Other Investors

SolidX Partners (2014, New York City, $3M)Digital currency investment software and blockchain platformMinicorn. Stage: Seed

Liberty City Ventures, Red Sea Ventures, Red Swan Ventures and 1 Other Investors



https://tracxn.com/companies/FDx7ywygB7u87o6V6I-vekRrIBjkm1sDEFKPm7nhMMs/colu.com

https://tracxn.com/companies/1lPK_8U2-aAYeR97NoGS57Ninl1hPAYHtwC6O4O7k3E/techbureau.jp

https://tracxn.com/companies/NSAqSdN2x56q5D_uuT83KBx54l1Z6bbT9ZXo6zk8ZN4/factom.com

https://tracxn.com/companies/JwNYvsSPCY23WJZD5W1xro2u5VOFK9857AKDG_LY_xo/gem.co

https://tracxn.com/companies/Pfvx8wwYRdT2ZgLRdHWCmO8MviZwIQJ9W1rjCjkzEWU/blockcypher.com

https://tracxn.com/companies/wtPsFEX_g8tbZxI1aYGSEhZdJKrZDitsTJ5mxL5I5Xs/sldx.com




187


Technology


BTL (2011, Vancouver)Blockchain based development platforms for businessesIPO Date Dec 2011 Mcap $201MIPO Mcap $196kCVE BTL P/E -

AI-BlockChain (2014, New York City)AI enhanced blokchain solution provider.Editor's Pick. Stage: Unfunded

ChainReactor (2016, Indianapolis)Blockchain development platform supporting multiple chainsEditor's Pick. Stage: Unfunded

Ethereum (2013, Toronto)Cryptocurrency 2.0 NetworkEditor's Pick. Stage: Funded

Winklevoss Capital, Yushan Ventures, 6Degrees Ventures


IOTA (2015, Drammen)Machine to machine payments token on a directed acylic graph based mechanism.Editor's Pick. Stage: Seed

Robert Bosch Venture Capital, Outlier Ventures

Kadena (2016, New York City)Private distributed ledger technology solutions for enterprisesEditor's Pick. Stage: Funded

Asimov Ventures

KrypC Technologies (2016, Bangalore)Full stack Blockchain solutionEditor's Pick. Stage: Unfunded

Settlemint (2016, Brussels)Blockchain middleware development solutionsEditor's Pick. Stage: Seed

Overstock

Service Providers

R3 (2013, New York City, $107M)Consortium of financial enterprises aiming to create digital ledger technologyEditor's Pick. Stage: Series A

Intel Capital, SBI Group, HSBC Group and 7 Other Investors

TradeBlock (2013, New York City, $20.7M)Online cryptocurrency data and research Minicorn. Stage: Series B

Andreessen Horowitz, FinTech Collective, Barry Silbert and 5 Other Investors

Hashcove (2014, Chandigarh)Blockchain products company working on KYC and smart contracts.Editor's Pick. Stage: Unfunded

Primechain Technologies (2016, Pune)APIs for enterprise to add Blockchain solutions to their legacy systemsEditor's Pick. Stage: Unfunded

https://tracxn.com/companies/V7rdhAXiQ__G8TXrIfV5u8puDwo8mv6PZdcC9KTnzZ8/r3.com

https://tracxn.com/companies/_Ww1U60J23r-qicZ-uPruX0fgi_ACFoLeG4WTOVu6hc/tradeblock.com


Funded Deadpooled Companies

188

Excludes all details for Chinese companies

Blockchain > Appendix > Funded Deadpooled Companies

View all 42 Deadpooled companies on Tracxn Platform

Funding Company Location

$120k Freeport Mobile Brooklyn

$31k Coyno Berlin

Hellobit San Francisco

Project AIr Chicago

ChainLab Tel Aviv

Index of Deadpooled companies in Blockchain

https://tracxn.com/theme/feedview/55310836e4b0082283957b6f#%7CcompanyStage%3DDeadpooled%7Csort%3DdatePublished


For research queries write to us at [email protected]

Team

Deepjyoti DebResearch Manager

Rohit Kothari Lead Analyst

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