A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – BITCOIN
- Elliptic, a bitcoin intelligence & risk management company, raised $5M in Series A funding from Santander Innoventures, Digital Currency Group, Octopus Ventures, Paladin Capital Group, KRW-Schindler. Link
- BitPesa, a bitcoin based remittance service provider, raised an undisclosed amount from Bitfury. Link
- Ribbit, a royalty network based on Bitcoin, raised $1.5M in seed funding from Hayaat Group. Link
- Keza, a bitcoin investment app, raised $357K from Digital Currency Group. Link
- Central Bank of England plans to have a digital currency of its own, in the form of a cryptocurrency, RScoin. Link
SOME INTERESTING STARTUPS FOUND
Infipay (2016, Mumbai) – Upcoming bitcoin wallet service in India.
Bitbayar (2015, Jakarta) – Online payment system for e-commerce in bitcoins.
LEADER BOARD – BITCOIN
Trading and Investments – Exchange
Coinbase (2012, SF, $106M) – Digital wallet and payment gateway solution provider for Bitcoins. Backed by DFJ Growth, Reinventure, NYSE, BBVA Ventures.
itBit (2012, Tower (Minnesota), $28M) – Provider of Blockchain & Bitcoin trading and transaction services. Backed by RRE Ventures, Canaan Partners, Liberty City Ventures.
Bitstamp (2011, London, $10M) – Bitcoin Exchange for European Union. Backed by Pantera Capital.
Trading and Investments – Enablers
TradeBlock (2013, NYC, $2.8M) – Online platform for Cryptocurrency data and research. Backed by FinTech Collective, Andreessen Horowitz.
Mining
21 Inc. (2013, SF, $121M) – Provider of Bitcoin mining hardware. Backed by Pantera Capital, RRE, Khosla Ventures, Qualcomm Ventures, .
Bitfury (2012, SF, $65M) – Provides mining hardware for Bitcoins. Backed by DRW, Georgian Co-Investment fund, QueensBridge Venture Partners.
KnCMiner (2013, Stockholm, $29M) – Provider of ASIC chips software & services for Bitcoin mining. Backed by Accel Partners, Creandum.
Payments – Payment Gateway
Bitpay (2011, Atlanta, $32.5M) – Bitcoin payment processor. Backed by Index Ventures, Founders Fund, RRE Venutres, TTV Capital.
Bitnet (2014, SF, $14.5M) – Digital commerce platform. Backed by Highland Capital Partners, DCG, Commerce Ventures, Buchanan Capital.
Payments – Wallet
Circle (2013, Boston, $76M) – Digital currency wallet with offline storage. Backed by Breyer Capital, Accel Partners, Pantera Capital, General Catalyst Partners.
Xapo (2012, Palo Alto, $40M) – Cold storage vault and Bitcoin wallet. Backed by Ribbit Capital, Index Ventures, Emergent partners, Greylock Partners.
Blockchain (2011, SF, $30M) – Bitcoin wallet and block explorer. Backed by Lightspeed Venture partners, Future perfect Ventures.
Payments – ATM
Bitaccess (2013, Ottawa, $10M) – Bitcoin ATM provider. Backed by Pantera Capital, Y Combinator.
Alternate Financing
BTCjam (2013, SF, $7M) – P2P Bitcoin lending. Backed by Ribbit Capital, Pantera Capital, Funders Club, Foundation Capital.
Bitbond (2013, Berlin, $938K) – A Bitcoin based P2P lending platform. Backed by Point Nine Capital.
Alternate Cryptocurrency
Neucoin (2014, Paris, $2.25M) – Alternate cryptocurrency for micro transactions. Backed by Angel Investors.
Digibyte (2013, Idaho Falls (US), $250K) – Altcoin based decentralized payment network.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates, visit Bitcoin feed.