A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – BLOCKCHAIN APPLICATIONS
- SETL, a blockchain-based institutional settlement infrastructure provider, raised an undisclosed amount of seed funding. Link
- Stratis platform, a London-based blockchain development platform, raised $100k in bitcoin crowdfunding. Link
- The UK government appointed Credits, a blockchain startup, as its first official contractor in its G cloud framework. Link
- Mamoru, a Berlin-based ownership authentication platform, raised seed funding from Swiss business platform, nexussquared. Link
- Elliptic, a blockchain intelligence & risk management solution provider, teamed up with LexisNexis Risk Solutions to bring bank grade AML to Bitcoin. Link
- Bitfinex, a Hong Kong-based exchange, has stopped trading, withdrawals and deposits after discovering a security breach worth $65M. Link
SOME INTERESTING STARTUPS FOUND
Stratis Platform (2016, London, $100K) – A cloud-based blockchain platform that can provide blockchain nodes for Bitcoin, Ethereum and Bitshares.
Proof of Purpose (2016, London) – Blockchain solutions provider for humanitarian aid transfers, micro-lending, identity and donations.
LEADER BOARD – BLOCKCHAIN APPLICATIONS
Financial Services
Digital Asset Holdings (2014, NYC, $67M) – Blockchain based trade settlement solution provider. Backed by ABN AMRO Bank, Accenture, ASX, BNP Paribas, Broadridge, Citigroup, CMEGroup, Deutsche, ICAP, J.P. Morgan, Santander InnoVentures, DTCC, PNC Bank.
Ripple (2012, SF, $36M) – Open source payment protocol. Backed by IDG Capital Partners, AME Cloud Ventures, China Rock Capital, Core VC, RRE Ventures, CME Group, Seagate, China Growth Capital, Digital Currency Group, Vast Ventures, Venture 51, Andreessen Horowitz, Founders Fund, Lightspeed Venture Partners, Mariano Belinky, Venture51, IDG Ventures, Camp One Ventures, Pantera Capital, Google Ventures.
Enterprise Solutions
Filament Networks (2012, Reno, $11M) – A decentralized Internet of Things stack. Backed by VegasTechFund, Resonant Venture Partners, James Conlon, Verizon Ventures, Crosslink Capital, Samsung Venture Investment Corporation, Working Lab Capital, Techstars, Pantera Capital.
Keybase (2013, NYC, $11M) – Identity mapping service via a public key encryption tool. Backed by Andreessen Horowitz.
Technology Enablers
Blockstream (2014, SF, $76M) – Provides sidechain solutions to improve blockchain. Backed by Khosla Ventures, Real Ventures, Future Perfect Ventures, Innovation Endeavors, Mosaic Ventures, Ribbit Capital, AME Cloud Ventures, Cryptocurrency Partners, Horizons Ventures, AXA Strat Ventures, Garage.
Chain (2014, SF, $44M) – Provider of blockchain networks and applications to businesses. Backed by Khosla Ventures, Thrive Capital, RRE Ventures, Pantera Capital, Capital One, Fiserv, NASDAQ, Orange, VISA, SV Angel, Crypto Currency Partners, Bitcoin Opportunity Corp.
Consumer
Maidsafe (2013, Troon, $6M) – Crowd-sourced internet platform and identity storage.
Augur Project (2014, SF, $5M) – Decentralized prediction market based on blockchain.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest update, visit Blockchain Applications feed.