Blockchain Investments: October 2020 Edition
November 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.
In the late-summer this year, I began a new monthly series highlighting the recent investments made throughout the landscape. Later in the coming months, as we close out 2020 I’ll be going further in-depth from the recent activity, use cases, and all investment activity analyzed through Q3 & Q4 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 an upcoming article, first let’s get to the investments made during October 2020.
Mina Protocol, $10.9M
Related: O(1) Labs Raises $10.9M More for Lightweight Mina Protocol
Polymarket, $4M, investors include: Polychain, Naval Ravikant, Other Notable Investors
Related: Polymarket Raises Massive $4 Million Round From Polychain, Naval Ravikant, Other Notable Investors
CasperLabs, $14M, investors include: various/ICO
Related: Ethereum Rival CasperLabs Raises $14 Million in Token Sale
Audius, $1.25M, investors include: Binance Labs —
Related: Binance Labs Leads $1.25 Million Extension Round for Audius
Curv,
Related:$1.4 trillion asset manager backs crypto startup Curv, bringing total funds raised to $30 million
Dapper Labs, $18M, investors include: various/ICO
ShoCard, Acquired by Ping Identity
Unocoin, $5M, Draper Associates (lead), 2020 Ventures, XBTO Ventures
DeFiner, Early, investors include: SNZ Holding
Propy, Early, investors include: Tim Draper
Internxt, Seed, investors include: TheVentureCity
Wirex, $4.7M, investors include: various/ICO
🎙️ Research: State of the Blockchain & DApps 2020:
We are transitioning to a completely digitized economy and the activity in the blockchain industry during 2020 proves this more than ever. Now w/ 1,100+ companies building & funding ($30bn+!) the infrastructure layers that will make up this new economy. The full breakdown is now available including an in-depth overview of the landscape, new categories & business models, areas of opportunities, rising categories, use-cases, and view for the remainder of 2020 into 2021.
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).