Average crypto venture funding size grew about 33% in 2020
Crypto venture funding increased by a third in 2020 compared with 2019, according to The Block Research.
In total, the average venture capital funding size in 2020 grew 32.5% to $5.7 million and the funding median was $1.8 million.
Nearly all size categories of venture funding in the cryptocurrency space grew in terms of the number of deals as well, with funding rounds ranging from $1 million to 5 million leading the way, according to The Block Research’s 2021 Outlook Report. Finally, compared with 2019, there were two additional deals in 2020 worth at least $100 million.
For more information on cryptocurrency and blockchain venture funding, read The Block Research 2021 Digital Asset Outlook Report.
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: MK Manoylov
