Blockchain Investments: July 2020 Edition

Photo by Morning Brew on Unsplash

August 9, 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:IVPTSG Consumer Partner

Chainalysis, $13M, investors include: Ribbit Capital (lead)Sound Ventures (lead)A General Strategy on How to Select a Crypto Fund, Part 1Digital assets, as a new asset class, exhibit interesting characteristics that could benefit a diversified portfolio of…

Bitcoin Suisse, $48.9M, investors include: Roger Studer

Metaco, $17M, investors include: Giesecke+Devrient (lead)AvaloqInvestiereSICPA,Standard Chartered BankSwiss PostSwisscomZürcher Kantonalbank

Curv$23M, investors include: CommerzVentures (lead)Coinbase VenturesDigital Currency GroupDigital Garage Lab FundTeam8

Quant Network, investors include: Alpha Sigma Capital

Radix DLT, $4.1M, investors include: LocalGlobe (lead)Taavet Hinrikus

Circulor, investors include: Plug & PlaySYSTEMIQTotal Carbon Neutrality VenturesVolvo Cars Tech FundGrowth at Any Cost: It’s Time for the Current VC Model to ChangeShocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of…

Valid Network, $8M, investors include: Ten Eleven Ventures (lead)Jerusalem Venture Partners

Evertas$2.8M, investors include: Morgan Creek Capital Management (lead)Kailash VenturesPlug and PlayRenGen LabsVy CapitalWavemaker Genesis

Aave$3M, investors include: Framework Venture PartnersThree Arrows Capital

Zap, $3.5M, investors include: Greenoaks Capital Management (lead)Morgan Creek Capital Management

Everledger, $7M, investors include: TencentU.K‌. ‌Government’s‌ Coronavirus Future Fund

📣 Want to stay up-to-date with all the headlines, investments, in-depth research, and latest landscapes on the Blockchain, DApps, DeFi, and FinTech industries? Subscribe and follow me on Twitter for weekly updates and more!Blockchain/DApp Investment Round-Up: May & June 2020 EditionWe’re currently at the beginning of a new cycle in 2020. More on this topic in another article, first let’s get to the…