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Crypto Fundraising weekly
Dates: 15 – 21, Oct 2018

Summary

During this week 8 blockchain startups has raised $72M in funding:

  • Series A round: 4 startups $35M
  • Seed round: 2 startups $17M
  • Series B round: 1 startup $15M
  • Unknown round: 1 startup $5M
0
$11.7M
$23.3M
$35M

Investments by ecosystem

This week's biggest funding round

BitGo raised $15M in a Series B funding round from Goldman Sachs, Galaxy Digital.

BitGo is a digital asset security company trusted by some of the largest institutions in the world, specializing in safeguarding cryptocurrency for institutional clients. Their comprehensive solutions, including custody services and cybersecurity measures, cater to the needs of institutions like banks, hedge funds, and exchanges.

Pre-seed and Seed investment rounds

Valid Network raised $2M in a Seed funding round from Jerusalem Venture Partners (JVP)*.

Adhara raised $15M in a Seed funding round from ConsenSys*.

Other investment rounds

dYdX raised $10M in a Series A  funding round from Andreessen Horowitz (a16z crypto)*, Polychain Capital*, Dragonfly Capital, 1confirmation, Bain Capital Crypto, Elad Gil, Naval Ravikant, VY Capital, Abstract Ventures, Kindred Ventures, Craft Ventures, Kevin Hartz, Fred Ehrsam.

Decentralized protocol for financial derivatives built on the Ethereum blockchain and 0x.

dYdX raised $10M in a Series A  funding round from Chris Dixon*, Olaf Carlson-Wee*, Abstract Ventures, Kindred Ventures, 1confirmation, Elad Gil, Craft Ventures, Bain Capital Ventures (BCV), Dragonfly Capital, VY Capital, Kevin Hartz, Naval Ravikant.

Decentralized protocol for financial derivatives built on the Ethereum blockchain and 0x.

Cobo raised $13M in a Series A  funding round from DHVC (Danhua Capital).

Lynked World raised $5M in a  funding round from Pecunio*.

TokenInsight raised $2M in a Series A  funding round from Fenbushi Capital, Draper Dragon, SIG DTI (a Susquehanna International Group Company), Matrix Partners.

* fund, that lead investment round

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