New England Blockchain & Crypto Deals: Part I
With Coinbase valued at $90 billion to $100 billion ahead of its direct listing, BlockFi at a $3 billion valuation off of its series D raise, and Kraken rumored to be above a $10 billion valuation, it’s hard to ignore the cryptocurrency and blockchain space. While none of the above listed unicorns are headquartered in New England, there still has been an explosion of crypto VC deals in the region.
Storied’s latest market map takes a look at these deals, specifically those after Jan. 1, 2017. As a reminder, not all deals will be picked up by Crunchbase and some information may be imperfect, but this will offer a good glance of the local crypto venture scene. Any companies which have raised multiple times in this period will only have the most recent round displayed. Now on to the deals:
Airfox
HQ: Boston, MA
Stage: Series B
Round Size: $10,000,000
Round Date: September 2018
Arwen
HQ: Boston, MA
Stage: Venture Round
Round Size: $3,300,000
Round Date: February 2020
Company: Attestiv
HQ: Natick, MA
Stage: Seed
Round Size: $2,000,000
Round Date: March 2020
Bitlum
HQ: Burlington, MA
Stage: Pre-Seed
Round Size: Undisclosed
Round Date: February 2019
Blockskye
HQ: Boston, MA
Stage: Series A
Round Size: Undisclosed
Round Date: April 2019
Cambridge Blockchain
HQ: Cambridge, MA
Stage: Series A
Round Size: $7,000,000
Round Date: May 2018
Centre
HQ: Boston, MA
Stage: Venture Round
Round Size: $25 million
Round Date: July 2020
Circle
HQ: Boston, MA
Stage: Venture Round
Round Size: $25,000,000
Round Date: July 2020
Clove Labs
HQ: Boston, MA
Stage: Seed
Round Size: $100,000
Round Date: July 2019
Coin Metrics
HQ: Boston, MA
Stage: Series A
Round Size: $6,000,000
Round Date: March 2020
Bastion Zero (fka Commonwealth Crypto)
HQ: Boston, MA
Stage: Seed
Round Size: $1,500,000
Round Date: December 2017
Crypto Specialist
HQ: Milton, MA
Stage: Seed
Round Size: Undisclosed
Round Date: February 2019
Flipside Crypto
HQ: Boston, MA
Stage: Seed
Round Size: $7,100,000
Round Date: September 2019
Foundation Devices
HQ: Boston, MA
Stage: Pre-Seed
Round Size: Undisclosed
Round Date: September 2020
Inkrypt
HQ: Boston, MA
Stage: Seed
Round Size: $1,100,000
Round Date: April 2018
Subscribe To Storied To Get More Startups In Your Inbox