Page 73 - Geektime Blockchain Report
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Israeli VC investment activity
Startup
SponDoolies -Tech*
Colu
Simplex
Revelator
Getgems
*
SponDoolies-Tech has since been closed
Total Raised
$12 5M $12 1M
$8M
$4 45M
$0 4M Most Recent Round
$1 5M Venture in May 2015
$9 6M Series A in June 2016 $7M Series A in February 2016 $2 5M Series A in August 2016 $0 4M Seed
in January 2015
Prominent Investors
Genesis Partners BRM Capital Eden Shochat Olivier Janssens
Aleph BoxGroup Digital Currency Group Spark Capital Bitmain Cumberland Mining DRW Venture Capital FundersClub iAngels
Exigent Capital Digital Currency Group Reinvent VC SeedIL Investment Club Magma VC Top VC-backed startups
In 2016 there were several blockchain startups
that closed
possibly as a a a result of the difficulty in in raising capital from VC investors and the lack of financial resources Only in in in 2017 the the route to raising funds in in in the the untraditional way way of ICOs
gave startups
a a a a a a a different way way to sustain themselves financially Israeli startups
still don’t have a a a a lot of recurring investors in this sector Most of the Israeli startups
in in this domain are still early- stage Most raised less than $2M 73
Israeli ecosystem






































































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