Top 7 VCs that are investing more in Blockchain Technology

More and more VCs are now giving more attention to the blockchain ecosystem since they consider it as a new opportunity to take. According to Crunchbase, Crypto Fund Research, around 64% of the top 50 blockchain VCs does not exclusively invest in Blockchain. In other words, the old VCs are trying to be updated and invest in this new technology. Venture Capitals like Alphabet/Google, Sequoia Capital, and even 500 Startups started earlier 2018 in investing in the Crypto technology. We recently posted in a separate article the list of top 7 VCs investing exclusively in blockchain technology.

In this article, we are going to give the top 7 influential VCs that invest in a variety of companies and not exclusively in blockchain and crypto assets, ranked according to four key criteria: value of total blockchain investments, length of blockchain investment experience,  total number of blockchain investments, and level of investment activity in the last 12 months.

 

7. IDG Capital

IDG Capital is a private equity and venture capital fund that was founded in 1992 in Boston. Its start in blockchain was in 2013, with a Series A investment in Ripple. After that, IDG Capital made few other blockchain investments. In the first 5 months of 2018, IDG Captial had made huge investments in different startups including Huoxing 24, imToken, Circle, and Mars Finance.

In addition to their main office in New York, IDG has a satellite office in Bangalore, India.

Total Blockchain Company Investments: 8

Value of Venture Investments in Blockchain: $31 million

Top Blockchain Investments: Ripple, Circle, Mars Finance, imToken

Blockchain Investments, Last 12 Months: 4

Based in: New York, NY

Website: http://en.idgcapital.com

6. RRE Ventures

Based in New York, RRE is a venture capital firm that offers funding in technology, media, and financial services companies. They began investing in blockchain with a 2013 seed investment in Paxos followed by seed and angel rounds in Gem and Ripple the following year.

RRE Ventures has made, in total, angel, seed, and series A and B investments in a dozen blockchain and crypto companies and startups.

Total Blockchain Company Investments: 12

Value of Venture Investments in Blockchain: $32 million

Top Blockchain Investments: Paxos, Ripple, Abra, Gem

Blockchain Investments, Last 12 Months: 2

Based in: New York, NY

Website: http://www.rre.com/

 

5. Ceyuan Ventures

Ceyuan Ventures is an early stage VC based in Beijing, China, with an additional office in Hong Kong. They primarily focus on investing in tech-companies and have made 6 significant investments in blockchain startups like Mars Finance, Basis, and Trip.io. Ceyuan Ventures first blockchain investment came in 2014. Moreover, they made four during the first half of 2018, after not making blockchain investments in 2016 and 2017.

Total Blockchain Company Investments: 6

Value of Venture Investments in Blockchain: $36 million

Top Blockchain Investments: Basis, Mars Finance, Trip.io, OkCoin

Blockchain Investments, Last 12 Months: 4

Based in: Beijing, China

Website: http://www.ceyuan.com/en/index.html

 

4. FinLab

FinLab is a venture capital and incubator firm based in Frankfurt, Germany. They primarily invest in financial services and fintech companies including blockchain and crypto. FinLab has invested in Iconiq Lab, Vaultoro, and EOS.io

Total Blockchain Company Investments: 3

Value of Venture Investments in Blockchain: $50 million

Top Blockchain Investments: Iconiq Lab, Vaultoro, Abra

Blockchain Investments, Last 12 Months: 3

Based in: Frankfurt, Germany

Website: https://finlab.de/

 

3. Catagonia

Catagonia Capital is a  consulting firm and venture based in Berlin, Germany. Until now, Catagonia has participated in blockchain investing via ICOs in companies like AppCoins, HydroMiner, and Envion.

Total Blockchain Company Investments: 3

Value of Venture Investments in Blockchain: $50 million

Top Blockchain Investments: Envion, AppCoins, HydroMiner, Basis

Blockchain Investments, Last 12 Months: 2

Based in: Berlin, Germany

Website: http://www.catagonia.com/

 

2. Andreessen Horowitz

Andreessen Horowitz, also known as a16z, is one of the world’s largest venture capital firms. Digital assets make up only a fraction of a16z’s more than $4 billion in assets. Their first investments in the blockchain ecosystem were with Ripple followed by Coinbase in 2013. Since then, they have made nearly a dozen other blockchain investments in companies like Harbor, Basis, and Chia Networks. In mid-2018 Andreessen Horowitz launched the a16z crypto, a $300M venture fund that will invest in crypto companies and protocols.

Total Blockchain Company Investments: 14

Value of Venture Investments in Blockchain: $55 million

Top Blockchain Investments: Basis, Coinbase, DFINITY, Harbor

Blockchain Investments, Last 12 Months: 9

Based in: Menlo Park, CA

Website: https://www.a16z.com

 

1. Boost VC

Based in San Mateo, California, Boost VC is an AI, blockchain, and crypto accelerator that began its first funding in 2014 with a seed round in Ripio. After this investment, they have made more than 30 additional ones in blockchain and crypto including almost a dozen in 2018. This makes them one of the world’s most active venture capital and accelerators in blockchain technology.

Total Blockchain Company Investments: 32

Value of Venture Investments in Blockchain: $67 million

Top Blockchain Investments: BlockCypher, Tezos, Ledger, Coinbase

Blockchain Investments, Last 12 Months: 11

Based in: San Mateo, CA

Website: https://www.boost.vc/

 

As stated in the Crunchbase, Crypto Fund Research Report, the increase in investment in blockchain by leading venture firms is more pronounced when looking at total deal value. In fact, collectively, they invested almost half a billion in 2017 and that amount could triple to nearly $1.5 billion in December 2018.

Tags

Khalil Liouane

Computer Engineering student, interested in blockchain tech startups creating innovative solutions that can shape a better future.If you are one of those startups email me: contact@decentral.news

Leave a Reply

Your email address will not be published. Required fields are marked *

join our Telegram Channel