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2018中国区块链投资机构20强 2018年6⽉12⽇

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2018中国区块链投资机构20强 2018年6⽉12⽇ 2018中国区块链投资机构20强 2018年6⽉12⽇ 链塔智库出品 www.blockdata.club 前⾔ 近年来，中国区块链⾏业的快速发展逐渐获得投资机构关注，中国区块链⾏业投资年增速已连续多年超 过100%。专注于区块链⾏业的投资机构正在⻜速成⻓，在区块链产业积极布局，构建⾃⼰的版图，⽽ 持开放态度的传统投资机构也在跑步⼊局。 链塔智库对活跃于区块链领域的120家投资机构及其所投项⽬进⾏分析，从区块链⾏业投资影响⼒、投 资标的数量、投资⾦额总量等⽅⾯选取了⼆⼗家表现最好的投资机构重点研究，形成结论如下： 从投资项⽬分类来看，这些投资机构普遍看好区块链平台类的公司。 从投资标的地域来看，这些投资机构更多的投资于海外项⽬。 从国内项⽬⻆度来看，北京地区项⽬占⽐最⾼。 从投资轮次来看，⼤部分投资发⽣在天使轮及A轮，反映⾏业仍处于早期阶段。 www.blockdata.club ⽬录 PART.1 2018中国区块链投资机构20强 榜单 PART.2 2018中国区块链投资机构20强 榜单分析 PART.3 影响⼒、投资数⽬、投资⾦额 细分榜单 PART.4 2018中国区块链投资机构版图 www.blockdata.club PART.1 2018中国区块链投资机构20强榜单 链塔智库基于链塔数据库数据，辅以整理超过120余家活跃于区块链领域的投资机构及所投项⽬，从 各家机构在投资影响⼒、投资项⽬数量、投资总额、回报情况、退出情况等维度进⾏评分（单项评价 最⾼10分），评选出2018中国区块链投资机构20强。 区块链投资机构评分维度模型 投资⾦额 重点项⽬影响⼒ 投资影响⼒ 背书能⼒ 媒体影响⼒ 退出情况 总投资数⽬ 投资数⽬ 所投项⽬已发Token数 回报情况 链塔智库研究绘制 www.blockdata.club www.blockdata.club 1 38.1% 21.1%95% 2018中国区块链 79.5% 投资机构 TOP 20 70.2% 名次 47.5% 机构名称 创始⼈ 总评价 影响⼒评分 数量评分 ⾦额评分 1 分布式资本 沈波 9.1 9 10 9 2 硬币资本 李笑来 9.0 10 9 8 3 连接资本 林嘉鹏 8.7 7 10 7 4 15.8% Dfund 赵东 8.1 7 6 9 5 54.1% IDG资本 熊晓鸽 7.7 9 4 9 6 泛城资本 陈伟星 7.5 9 5 6 7 真格基⾦ 徐⼩平 7.4 7 5 7 8 节点资本 杜均 7.1 6 10 7 9 丹华资本 张⾸晟 6.8 8 6 5 10 维京资本 张宇⽂ 6.5 8 5 5 11 了得资本 易理华 6.4 8 6 4 12 FBG Capital 周硕基 6.3 6 6 8 13 千⽅基⾦ 张银海 6.2 8 6 5 14 红杉资本中国 沈南鹏 6.1 10 4 5 15 创世资本 朱怀阳、孙泽宇 6.0 6 6 6 16 Pre Angel 王利杰 5.9 6 8 5 17 蛮⼦基⾦ 薛蛮⼦ 5.8 8 5 3 18 隆领资本 蔡⽂胜 5.5 7 5 3 19 ⼋维资本 傅哲⻜、阮宇博 5.2 6 5 5 20 BlockVC 徐英凯 5.1 6 5 4 数据来源：链塔数据库及公开信息整理 www.blockdata.club www.blockdata.club 2 PART.2 2018中国区块链投资机构20强榜单分析 2.1 区块链平台项目最受欢迎，占比44% 链塔智库根据收录的投资机构20强所投项⽬以及公开信息，对投资项⽬所属⾏业进⾏分类。 20强投资机构投资项⽬⾏业分布 其他 2% 社交 6% ⽣活 8% ⾦融 29% ⽂娱 11% 区块链平台 44% 链塔智库研究绘制 www.blockdata.club 20强投资机构投资项⽬按⾏业分类中，区块链平台和⾦融两⼤类之和超过70%，为最主要的两个类 别。其中区块链平台类项⽬占⽐44%，说明相较⾦融类项⽬，投资机构现阶段更看重区块链平台类中 底层技术⽀持项⽬。 www.blockdata.club 3 2.2 海外项目更受青睐，占比超60% 链塔智库根据收录的投资机构20强所投项⽬及公开信息，对项⽬实际的项⽬所在地区进⾏分类。 20强投资机构投资项⽬所在地区分布 其他 杭州 3% 深圳 5% 2% 上海 ⼴州 5% 2% 北京 19% 海外 64% 链塔智库研究绘制 www.blockdata.club 分析20强投资机构投资项⽬，按项⽬所在地区进⾏分类发现，20家机构更多选择海外投资标的，占⽐达 到64%。这⼀⽅⾯由于国外区块链⾏业发展相对成熟，项⽬数、项⽬质量都更有优势；另⼀⽅⾯则体现 各家投资机构实⼒雄厚，能够拿到⾜够多的国外项⽬投资机会。 www.blockdata.club 4 2.3 行业处于早期阶段，中后期项目占比仅为3.5% 链塔智库根据收录的投资机构20强所投项⽬以及已公开信息，对项⽬实际被投轮次进⾏分类。 20强投资机构投资项⽬被投轮次分布 种⼦轮 战略投资 7% 14% B轮及以后 3% A轮（包含Pre-A轮及A+轮） 天使轮 30% 46% 链塔智库研究绘制 www.blockdata.club 除战略投资占⽐外，初创期投资轮次（B轮以前）占⽐⾼达96.5%，反映⾏业明显处于早期阶段。由于 受区块链⾏业发展所处阶段所限，被投项⽬中轮次占⽐最多的为天使轮和A轮（包括Pre-A轮和A+ 轮），两者之和达到总量的76%，轮次占⽐最低的类别为B轮及以后，仅占3%。除此之外，战略投资 所占⽐例达到14%，且多有⾏业先⾏者共同参投，在⾏业初期跑⻢圈地。 www.blockdata.club 5 2.4 区块链项目综合退出率近70% 链塔智库根据收录的投资机构20强所投项⽬以及已公开信息，对所投项⽬是否发⾏Token进⾏分析。 已投项⽬发⾏Token⽐例 蛮⼦基⾦ BlockVC Pre Angel 隆领资本 FBG Capital 维京资本 千⽅资本 Dfund 红杉资本中国 硬币资本 连接资本 了得资本 创世资本 真格基⾦ 泛城资本 节点资本 ⼋维资本 丹华资本 分布式资本 IDG资本 0.00% 25.00% 50.00% 75.00% 100.00% 链塔智库研究绘制 www.blockdata.club ⼊榜的投资机构中，所投项⽬发⾏Token⽐例最⾼的前三名为蛮⼦基⾦、BlockVC、Pre Angel，⽐例最 低的三家为IDG资本、分布式资本、丹华资本。发⾏Token意味着投资机构可以确认回报并退出，20家 综合退出率近70% www.blockdata.club 6 2.5 区块链项目为投资人带来超百倍回报 ⾼收益项⽬及投资机构展示 Token 涨幅 投资机构 NEO 39,486% BlockVC、Pre Angel、了得资本、蛮⼦基⾦ XRP 11,931% IDG资本 VEN 5,918% 分布式资本、了得资本、蛮⼦基⾦、千⽅基⾦、BlockVC Qtum 5,249% 了得资本、蛮⼦基⾦、硬币资本、BlockVC TRX 4,296% 蛮⼦基⾦ GXS 2,831% 硬币资本、真格基⾦、了得资本 BTM 1,653% 泛城资本、了得资本、蛮⼦基⾦、千⽅基⾦ 数据源⾃⾮⼩号，链塔智库整理，截⽌⾄2018年6⽉4⽇18：00 www.blockdata.club 链塔智库选取20强投资机构所投项⽬中发⾏Token且涨幅较⾼的项⽬，其中BlockVC、了得资本、蛮⼦ 基⾦、千⽅基⾦、硬币资本投资过较多项⽬。链塔智库仅能统计发⾏后的增⻓率。⼤部分投资⼈会在私 募甚⾄更早期投⼊项⽬，可认为实际回报⼤于可统计的回报率。 www.blockdata.club 7 2.6 新兴投资机构表现好于传统投资机构 随着区块链⾏业快速发展，出现了多家专注于区块链⾏业的投资机构，其特点为创始⼈团队对区块链⾏ 业有极⼤热情，坚定区块链⾏业的⾼速发展能够带来丰富的投资回报。 与之相对，成⽴多年的传统投资机构对于区块链这个⾏业的未来发展则分化出两种观点，少数机构积极 开放拥抱区块链，积极布局这个⾏业，多数则因为并不看好或对⻛险抱有顾虑，持保守观望态度。 由此，区块链⾏业内的投资机构主要分为对区块链⾏业持开放态度的传统投资机构和专注于区块链投资 的新兴投资机构。 在链塔智库发布的2018中国区块链投资机构20强榜单中，传统投资机构与新兴投资机构⽐较如图所示。 传统投资机构VS新兴投资机构 21.4 传统投资机构 新兴投资机构 21 12 8 ⼊榜个数 平均投资项⽬数 链塔智库研究绘制 www.blockdata.club 20强榜单中，由于传统投资机构对区块链⾏业发展前景抱有不确定性，参与区块链投资的传统投资机 构较少，⼊榜个数明显少于新兴投资机构，但已参与区块链投资的传统投资机构平均投资区块链项⽬ 次数与新兴投资机构基本持平。 www.blockdata.club 8 PART.3 影响⼒、投资数⽬、投资⾦额细分榜单 3.1 2018中国区块链投资机构影响力10强榜单 作为⼀家机构，同样的⾏业，同样的赛道有多家可投标的，投资哪个标的需要根据⾃身的投资策略做出 选择。作为⼀家企业，在融资过程中，不同的机构带来的资源价值也是不同的。链塔从机构的背书能⼒、 媒体影响和重点项⽬影响等维度出发，评选出2018中国区块链投资机构影响⼒10强。 38.1% 2018中国区块链21.1%95% 79.5% 投资机构影响⼒ TOP 10 70.2% 名次 47.5% 机构 1 硬币资本 2 红杉资本中国 3 真格基⾦ 4 IDG资本 5 分布式资本 6 蛮⼦基⾦ 7 千⽅基⾦ 8 了得资本 9 丹华资本 10 泛城资本 数据来源：链塔数据库及公开信息整理 www.blockdata.club 硬币资本依靠⾃身早期积累和布局，较早扩⼤了圈内影响⼒，获得了数个优质项⽬的投资机会。红杉资 本中国、真格资本虽然为传统投资机构，但对区块链⾏业持开放态度，取得了⼀些优质项⽬投资机会。 分布式资本、千⽅基⾦等为专注区块链⾏业的投资机构，集中精⼒深耕区块链⾏业。 www.blockdata.club 9 3.2 2018中国区块链投资机构投资项目数10强榜单 剔除意向中项⽬及未披露项⽬，链塔智库根据⾃有数据库及公开信息分析，从实际确认项⽬数量、投 Token 2018 10 资项⽬已发 38.1% 数量等维度，评选出 中国区块链投资机构投资项⽬数 强。 2018中国区块链21.1%95% 79.5% 投资项⽬数 TOP 10 70.2% 名次 47.5% 机构 1 节点资本 2 连接资本 3 分布式资本 4 硬币资本 5 Pre Angel 6 了得资本 7 FBG Captial 8 创世资本 9 千⽅基⾦ 10 Dfund 数据来源：链塔数据库及公开信息整理 www.blockdata.club 10强榜单中，节点资本、连接资本和分布式资本均有较多已披露的投资项⽬，排名靠前。 www.blockdata.club 10 3.3 2018中国区块链投资机构投资金额10强榜单 链塔智库根据⾃有数据库及公开信息分析，剔除未披露项⽬及未披露⾦额的项⽬，按照领投⽅占总⾦ 额60%，跟投⽅按数量平分剩余40%投资额对投资⾦额进⾏估算，评选出2018中国区块链投资机构 投资⾦额10强。38.1% 2018中国区块链21.1%95% 79.5% 投资⾦额 TOP10 70.2% 名次 47.5% 机构 1 分布式资本 2 IDG资本 3 硬币资本 4 Dfund 5 节点资本 6 FBG Capital 7 真格基⾦ 8 了得资本 9 连接资本 10 创世资本 数据来源：链塔数据库及公开信息整理 www.blockdata.club 10强榜单中，Dfund在Cybermiles 、QASH 等项⽬进⾏了⾼额度投资，排名第⼀。IDG资本虽然投资 项⽬数相对较少，但在circle项⽬参与了多轮次投资，累计⾦额较⾼。 www.blockdata.club 11 附：2018中国区块链投资机构势⼒分布图 中 ⻋ 交 21.1% 95% 国79.5% 区 库 易 帮 所 块 新 链 投 兴 资 机 势 构 ⼒ 分 公 传 布 三 链 统 图 点 机 钟 构 www.blockdata.club 12 38.1% 附：2018中国区块链投资机构所投项⽬全景 95% 2018中国区块链21.1% 79.5% 投资机构所投项⽬全景 50 家 ⽅圆Charter ⽅圆Charter Veem Tierion Tierion Symbiont Zcash Stream Merculet Hijro Gem Filament Po.et Ventureum HashedHealth ShareX 分布式资本 ONT FACTOM Everledger Digix Circle BlockVerify Chronicled CarBlock BitSE鼎利科技 布⽐区块链 BAIC All Sports All Sports ABRA 众签 唯链 唯链 ⽹录科技 Primas MobileCoin 天算 ⻝物优 区块链铅笔 秒钛坊 矩阵元 枫⽟科技 Zen Protocol TNB ShareX QASH ONT IOST Hydro zipper 维京资本 未来版权 BeeChat BankEx AIChain aelf cortex Egretia AppCoins UnlimitedIP ArcBlock Scry.info Medicalchain 泛城资本 Binance 巴⽐特 波场TRON AdRealm ⽐原链 ⽕币 量⼦链 BBEX ⽕星财经 www.blockdata.club 13 0x project 币世界 币为 aelf All Sports Basecoin Bibox Bluzelle ⼋维资本 Zilliqa Orchid Protocol Kyber Raiden IoTeX ICON ico drops F coin GiftChain FXCH DAEX 百度投资 Circle 晨兴资本 上上签 创新⼯场 yee chain 布⽐区块链 Ecom Chain ⽕星财经 BBEX BeeChat aelf All Sports ⼩爱链AIF AAA Chain 链天下 创世资本 标准共识 BAIC 御宅游戏 溯源链 ZJL终极账本 Trip.io THEMIS Hydro HOTchain Ecom Chain DATA ShineChain PNT RRCoin ⽅圆Charter ArcBlock Libra Credit aelf CarBlock Theta Labs IOST 好扑科技 丹华资本 Hydro DATA Cortex Bodhi菩提 Messari ONT Open Platform Orchid Protocol Zilliqa 哈希世界 F coin ShoCard Symbiont Kyber DFINITY chia string www.blockdata.club 14 腾讯投资 ObeN 信中利资本 FansTime 天使湾创投 imToken钱包 ⾼榕资本 Goopal group 峰瑞资本 cobo ⾼通投资 ⾼通投资 ⼽壁创投 DeepBrain 歌者资本 F coin 华创资本 好扑科技 ONO DATA 红杉资本中国 Orchid Protocol All Sports ⽕币 UGC ONT IOST ⽐特⼤陆 ⾦沙江创投 DeepBrain IOST ⽼鹰基⾦ 分⼦时代 经纬中国 上上签 九合创投 咔咔买房 ⼀致资本 Theta Labs THEMIS Ruff BAIC ArcBlock aelf 星云链Nebulas ⽐原链 星耀资本 Hydro BitCV 御宅游戏 TAC溯源链 旅⾏链 www.blockdata.club 15 ⽅圆Charter 深链财经 ACAT APPC ArcBlock BFT BLZ CFun CRE ETP evermarkets EXPREAD icube IoTeX LET MTN PreAngel NEO ObEN OCN OCT ONT PNT Primas QLC ROBIN Scry.info SMT SPC TSL WAX ZPT INS Consumer HYPER Genaro Hyperpay CoinMeet HCash 科银资本 Ecosystem PLAY AAA Chain Network 梅花天使创投 深链财经 巴⽐特 cobo 联创永宣 达达链 TNG Wallet IDG资本 Coinbase Circle ⽕星财经 ⽐特⼤陆 XRP 币看 J LAB投资 THEMIS QunQun ShareX aelf AAA Chain Ecom Chain 险峰⻓⻘ My Token IOST All Sports 星链资本 TenX 旅⾏链 顺为资本 上上签 星河互联 权⼤师 招商局资本 布⽐区块链 www.blockdata.club 16 ⽅圆Charterr yee chain CoinTiger QunQun 天算 CoinMeet ArcBlock aelf 区块雷达 链上科技 博晨技术 库神 ADTrue AAA Chain 御宅游戏 咔咔买房 节点资本 九章⽐特 ⾦⾊财经 域链 ⼈⼈坊 蜂窝矿机 标准共识 ⽕币 知帆科技 Theta Labs Trip.io THEMIS All Sports ShareX Jex IOST Hydro BAIC F coin ⼤炮评级 TAC溯源链 Genaro GRE ⽐原链 IoT Chain Zcash TenX NEO DAEX ⼤炮评级 全球⻛险交易所 路印协议 AChain 唯链 量⼦链 派链PCHAIN PNT 公信宝 icst loopring 了得资本 Mixin BUMO Ulord VNT Chain SpherePay RSK Proton质⼦链 ObeN MYDFS ⽅圆Charter Zipper yee chain Theta Labs OKEX ONT Dxchain Cortex 隆领资本 Ecom Chain ArcBlock www.blockdata.club 17 旅⾏链 Zilliqa TNB Theta Labs TenX AICoin WFee show.One Ripio Credit IOST Raiden Quoine QASH ProChain Measurable Maggie Network 般若 ⻨奇 连接资本 LIGHT CHAIN DATA IoT Chain InsurChain Hydro Genaro EverMarkets CyberMiles Cai.today BLOCKv BBEX BAIC ArcBlock All Sports aelf AAA Chain 数字币交易所 链向财经 ⼈⼈坊 标准共识 ⼤炮评级 联想之星 数矩科技 普华资本 巴⽐特 Zilliqa WINGS WINGS Libra Credit IoT Chain IOST Fragments 星云链Nebulas FBG Capital Hydro DATA Eximchain Cortex Coinlist CoinDash 0x project Bodhi菩提 AdEx Bancor ArcBlock aelf ⼤炮评级 Network Genaro ⼈⼈坊 星⾠资本 Network 启赋资本 布⽐ 巴⽐特 www.blockdata.club 18 币世界 公信宝 ⽕币 BAIC Cortex DATA Earn.com Ecom Chain EDU finbook hydro intagible labs IOST lino Maicoin MDT 真格基⾦ MobileCoin yee chain 云象区块链 中科招商集团 众托帮 英特尔投资 Filament 软银中国资本 ⽐特易 奇⻁360 钛媒体 Zeniex 时戳资本 AAA Chain CarBlock QunQun 路印协议 ⽐原链 深链财经 数字币交易所 天算 唯链 新经币 aelf loopring Genaro Ardor ATMatrix Cybex IOST IOTA IPFS Maggie 千⽅基⾦ Network ⻨奇 Metaverse元界 NEO Primas Tezos XRP Trip.io TenX Scry.info QASH NEO IoTeX 唯链 medicalchain BlockVC Ever MAD Network CoinMeet AppCoins Markets 量⼦链 www.blockdata.club 19 未来版权 铂链 公信宝 咔咔买房 量⼦链 流量矿⽯ 欧链 ⼈⼈坊 UnlimitedIP AChain AdRealm AWARE BigOne Bodhi菩提 Candy.ONE DATA Decentraland 硬币资本 Edu Ever Exim Global Ecom Hydro InkChain InsurChain Chain Chain Markets chain Social Chain IOST IoT Chain iVeryOne Kcash Maggie⻨奇 MobileCoin OMG ONO QUBE QunQun Sia Stream TokenClub Trip.io WanChain 168 ⽐原链 波场TRON 量⼦链 ⻢勒⼽币 蛮⼦基⾦ 天算 唯链 蛮⼦基⾦ 域链 智造链 BEX Game.com InkChain NEO Ownership Primas SpaceChain XRP ZJL终极账本 CompassX 31区 ⻁尔财经 流量矿⽯ 深链财经 天医AIDOC AAA Chain aelf All Sports Dfund BeeChat Cortex CyberMiles DATA EverMarkets Golem Hydro IOST LINO MobileCoin QASH TNB 以上信息基于链塔数据库及公开信息整理所得，不保证不遗漏未公开信息 www.blockdata.club 20 附：投资数量排名前100家传统投资机构名录（按名称⾸字⺟顺序排列） 投资机构 投资机构 500 Startups 君联资本 Accel Partners 宽带资本 DCM资本 蓝驰创投 GGV纪源资本 ⽼鹰基⾦ IDG资本 ⼒合清源 PreAngel 隆领资本 SIG海纳亚洲 蛮⼦基⾦ SV Angel 梅花天使创投 YC 宁波天使引导基⾦ 阿⾥巴巴 平安创新投资 阿⽶巴资本 普华资本 百度投资 奇⻁360 北极光创投
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