VC funds as the hotspot of the venture capital market, the amount of financing and the amount of financing of the blockchain project can be regarded as an important reference factor reflecting the activity level of the whole industry. On the one hand, we can understand the key track of the current competition from the distribution of financing projects, and on the other hand, we can also look at the direction of future industry development.
PANews sorted out the information on the amount, amount and financing distribution of the blockchain in September 2019 (1st to 30th), in order to understand the current status of the current project financing. Reference sources include PA Weekly, PAData, Coin Schedule, and corporate website.
September financing Inghts:
- Why can Singapore's financial industry break through technology silos?
- Public chain Algorand “opens” with few market communities
- German Finance Minister strongly opposes Facebook's Libra
- Zhejiang Provincial Party Committee Secretary: Strive to become the leader of the development of blockchain
- Detailed AirSwap Smart Contract Vulnerability: User assets can be maliciously eaten by attackers?
- The funds can be stolen and can be withdrawn, the private key can be recovered, and the GateChain test network is officially released.
1. In September, the global blockchain industry experienced more than 58 financing events, involving a total of over $158.9 million.
2. Million-level US financial funds are the largest, and investment and financing rounds are dominated by strategic investment and seed rounds.
3. The global blockchain industry investment and financing events mainly occurred in Asia and the United States.
4. The trading platform is the mainstream in financing projects, and the financing types tend to be diversified and vertically developed.
5. Early start-ups accounted for half of the financing market, and traditional giants showed interest in the blockchain industry.
Overview of investment and financing in the blockchain industry in September
In September, the financing market in the blockchain sector began to pick up. According to PANews incomplete statistics, from September 1 to September 30, 2019, there were more than 58 financing events in the global blockchain industry, involving a total of over $158.9 million. Among the 58 financings, there are more than 109 investors involved, including many well-known companies such as MasterCard, Mizuho Bank, Tencent, Fidelity and Lotte. From the perspective of financing rounds (excluding undisclosed types), strategic investment and seed round financing are more, with the most strategic investment, reaching 19. In terms of financing amount, the million-dollar US dollar financing is the largest, with 22 projects; there are 4 million-level financing projects, led by Elliptic's 23 million US dollars B round of financing.
In terms of investment track, 58 investment and financing events, including exchanges, wallets, payments, supply chain, media platform, game platform, data monitoring, public chain and other circuits. Among them, the trading platform is still the mainstream , a total of 11 completed financing, financing amount is concentrated in the million dollar level, including Bitmom, IDEX, BitOneGroup and other trading platforms.
In terms of geographical activity from investment and financing, investment and financing transactions mainly occur in the United States, but Asia has become a place of investment that cannot be ignored . Among them, there were 4 domestic financing incidents involving an amount exceeding US$5.104 million (excluding undisclosed items); the number of foreign financing was 54 and the amount involved exceeded 153.8 million US dollars. In the 58 financing transactions, a total of 12 financing occurred in the United States, accounting for about 20.6%, 4 cases in China, 2 cases in Singapore, 2 cases in Japan, 1 case in Vietnam, 1 case in Israel, and 10 cases in the Asian market. It accounted for 17.24% of the events in August.
Overall, investment and financing in the block industry continued to pick up in September. In the event of investment and financing in the blockchain industry this month, early start-up companies accounted for half of the country . In terms of financing rounds, in addition to strategic investment, seed round financing is the main force of financing events, and the proportion of financing in round A and above is relatively small. But in fact, when the emerging technology industry is maturing, A-round and above financing will become the mainstream in financing events. In this respect, the blockchain industry is not yet mature. On the other hand, the uncertainty of the market and the double overweight of national regulators have made investors more cautious.
Despite this, many large companies are showing interest in the blockchain industry . Among them are Facebook, the host behind the popular Libra project, and traditional giants such as Tencent, Fidelity, MasterCard and Mizuho Bank.
Million dollar financing
In September, the million-level US financial funds were the largest, and the investment and financing rounds were dominated by strategic investment and seed rounds.
In September 2019, among the 58 investment and financing transactions, in the disclosed projects, the financing amount was mostly in the millions of US dollars, with 22 in total, accounting for 37.93% of the total number of financing; there were 8 in the millions of dollars. It accounted for 13.79%; the number below the million dollars was 3, accounting for 5.17%. Another 25 financing events have not disclosed the specific financing amount. Among them, the $10 million project includes Elliptic's $23 million Series B financing; CasperLabs' $14.5 million Series A financing; Dapper Labs' $11.2 million financing; Immutable's $15 million financing, Everledger's $20 million Series A financing The financing types focus on blockchain technology and analysis, public chain, financial services, supply chain and other fields.
In terms of the distribution of financing rounds, the most strategic financing, a total of 19, accounting for 32.7%. Secondly, there are 6 and 4 rounds of seed round and A round, respectively, accounting for 10.34% and 6.89% respectively. There are 2 pens for A+ round financing and acquisition, and 1 for B round. Another 41.37% of the projects have not disclosed the financing round. From the perspective of the distribution of financing amount, the investment and financing incident in September showed a smile curve distribution within 4 weeks. In the first week and the fourth week (including September 30), the amount of financing was higher. In the first week, the financing started well, and the total amount of financing was about 38.94 million US dollars. The second week showed a slight decline, and the total amount of financing in a week was about It was $29 million; the third week continued to fall to the bottom, and the weekly financing amount was about 5,465,800 US dollars; in the fourth week, the financing situation rebounded and reached the peak in September, which was about 82.534 million US dollars.
Exchange and data analysis into key tracks
In order to observe the overall financing situation of the blockchain project under the same standard, this paper will refer to the classification of PAData (divided into four major categories: underlying technology, cryptocurrency, industry application and other ecological categories, with a total subdivision of 40 subcategories. The underlying technology is divided into 10 categories including public chain, smart contracts, technical services, shards, agreements, etc.; cryptocurrency is divided into 6 sub-categories, including issuers, exchanges, wallets, digital assets, etc.; industry applications are divided into 14 sub-categories, including Dapp –DeFi, Dapp-Games, Dapp-Social, payment, supply chain, content platform, game platform, database, etc.; other ecosystems include 10 sub-categories such as security, media, research, rating, data, investment, consulting, etc. ). According to PANews incomplete statistics, 58 financing events in the global blockchain industry in September 2019 involved multiple areas. These include digital currency, blockchain technology, blockchain media, gaming, finance and real estate.
In September, the exchange and blockchain data were the two most popular types of investment and financing. The types of financing are diversified and are gradually tilting towards the vertical.
Among the 58 financing events, there were 11 financing events in the trading platform projects, which is the most frequent of all types. Followed by the blockchain data project, there are 9 financing events. There were also 5 cases of blockchain technology financing incidents this month; there were 3 cases of financial service data privacy this month. In addition, this month also involves financing types such as digital wallets, blockchain games, and digital assets. Another 18 financing events have not yet clarified the type of financing.
Among them, in the seed round financing project, blockchain technology and blockchain data projects are the most , and the invested projects such as DappRadar's 2.33 million US dollars will be used for blockchain analysis, and Matter Labs and Skew will each invest 2 million US dollars. For blockchain technology, StrongSalt's $3 million financing will be used for data privacy.
The most widely distributed projects in Asia and the United States
In September, the global blockchain industry investment and financing events mainly occurred in Asia and the United States. There were 4 domestic financing incidents involving more than US$5.104 million (excluding disclosure items); the number of foreign financing was 54 and the amount involved exceeded 153.8 million US dollars. In the 58 financing transactions, a total of 12 financing occurred in the United States, accounting for 20.6%, 4 cases in China, 2 cases in Singapore, 2 cases in Japan, 1 case in Vietnam, 1 case in Israel, and 10 cases in the Asian market. Accounted for 17.24% of the August investment event.
Among them, among the four financings in China, the Yunxiang blockchain has been invested by tens of millions of A+ rounds of Yongzheng investment. The financing will be used for the construction of blockchain infrastructure, and the focus will be on the application of financial technology in the vertical field. on. Second, led by HTC, Alibaba, WI Harper, and Digital Currency Group's Bitmark project will use $3 million for digital property rights. In addition, Huali Chuangtong participated in the East Lake Financial Research Institute with a capital of 15 million yuan for research on technology such as digital currency payment settlement system. The Mars Financial Blockchain Media Platform was supported by investors such as Gansu, Zeyuan Capital and Matrixport, and the investment amount has not been disclosed.
Text | Zhou Wenyi Editor | Bi Yi Tong Source | PANews