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Sponsored by Gem Silicon Valley State of Bitcoin Q1 2015

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Sponsored by Gem
Silicon Valley Pulling Away: Share of All-Time Bitcoin
VC Investment Jumped from 45% in Q4 to 59% in Q1
34State of Bitcoin Q1 2015
Location Value ($m)
No. of
companies
Silicon Valley $400.0 30
Rest of World $276.1 73
Total $676.1 103
• 87% of the total Q1 bitcoin VC funding went to Silicon Valley-based startups
• Total number of VC-backed bitcoin companies increased from 89 in Q4 2014
to 103 in Q1, a 16% increase
$ Invested No. of Companies
Note: Prior State of Bitcoin data may differ due to new funding information obtained.
Date sources: CoinDesk (www.coindesk.com/bitcoin-venture-capital/), CrunchBase
Silicon
Valley
59%
Rest of
World
41%
Silicon Valley
29%
Rest of
World 71%

Published in: Economy & Finance, Internet

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