Blockchain Investments: July 2020 Edition
August 6, 2020
The blockchain landscape is constantly reshaping itself as new companies emerge daily, those established strengthen their positions, the industry matures and investors dedicate more capital to see the greater ecosystem.
Last month, I began a new monthly series highlighting the recent investments made throughout the landscape. Later this month in August, I’ll be going further in-depth from the recent activity, use cases, and all investment activity analyzed through Q3 2020. We’re currently at the beginning of a new fundraising cycle this year and looking towards the past this will be a trend for the next three years ahead. Get ready! More on this topic in another article, first let’s get to the investments made during July 2020.
During July we did not see any M&A activity within the landscape, however, we continued to see significant investments in core infrastructure, Layer-2 solutions, DeFi, and FinTech. Here’s the full list:
Polkadot, $43M, investors include: various/ICO
Robinhood, $320M, investors include: IVP, TSG Consumer Partner
Chainalysis, $13M, investors include: Ribbit Capital (lead), Sound Ventures (lead)
Bitcoin Suisse, $48.9M, investors include: Roger Studer
Metaco, $17M, investors include: Giesecke+Devrient (lead), Avaloq, Investiere, SICPA,, Standard Chartered Bank, Swiss Post, Swisscom, Zürcher Kantonalbank
Curv, $23M, investors include: CommerzVentures (lead), Coinbase Ventures, Digital Currency Group, Digital Garage Lab Fund, Team8
Quant Network, $XXX, investors include: Alpha Sigma Capital
Radix DLT, $4.1M, investors include: LocalGlobe (lead), Taavet Hinrikus
Circulor, $XXX, investors include: Plug & Play, SYSTEMIQ, Total Carbon Neutrality Ventures, Volvo Cars Tech Fund
Valid Network, $8M, investors include: Ten Eleven Ventures (lead), Jerusalem Venture Partners
Evertas, $2.8M, investors include: Morgan Creek Capital Management (lead), Kailash Ventures, Plug and Play, RenGen Labs, Vy Capital, Wavemaker Genesis
Aave, $3M, investors include: Framework Venture Partners, Three Arrows Capital
Zap, $3.5M, investors include: Greenoaks Capital Management (lead), Morgan Creek Capital Management
Everledger, $7M, investors include: Tencent, U.K. Government’s Coronavirus Future Fund
🎙️ Bonus: State of the Blockchain & DApps 2020:
Available now, for free is my latest research on Decentralized Applications or DApp “Stack” Landscape Map — the Q2 2020 edition. This map provides a full overview and taxonomy of the emerging DApps industry highlighting over 400 global companies teaching playing a vital role in building next-generation applications. As a bonus, I’ve included some of the ecosystem players and groups you need to be familiar with as you prepare to release your applications. If this is the first version you’ve seen of the landscape, consider it your guiding roadmap to further understanding not only the industry but all the core technology required to build a full or partial Decentralized Application (DApp).
Additionally, you can find my Q1 2020 research on the entire Blockchain Landscape. This is now the fifth edition of the landscape. You’ll find over the map includes 747 companies (900+ total unique + broader key Ecosystem players) that have seen $22 bn+ USD in funding raised from 2010–2020 — over $18 bn invested alone since 2017!
