DOCSLIB.ORG

CV VC Top 50 Report H1 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

INSIGHTS CV VC Top 50 Report H2/2020 Zug, February 28th, 2021 The blockchain industry in Crypto Valley - Switzerland and Liechtenstein - analyzed and visualized. Technology Partner In collaboration with CV VC Top 50 Report H2/2020 TABLE OF CONTENTS Record Growth in Crypto Blockchain Industry in 01Valley 02Crypto Valley Visualized Summary .5 Crypto Valley Top 50 Companies per Sector .18 About .6 Crypto Valley Companies by Region .19 Editorial from Mathias Ruch .6 Crypto Valley Top 50 Companies Employment Levels .20 Valuation and Funding in Crypto Valley .7 Valuation and Funding .21 • 01 Blockchain Technology .7 Blockchain Technology .22 • 02 Blockchain Financial Industry .8 Financial Industry .23 • 03 Blockchain Other Industries .10 Other Industries .24 Employment in Crypto Valley .11 Regulatory Environment in Crypto Valley .11 A Brief History of Crypto Valley .12 • Spotlight: Santiment .13 Universities Engaged in Blockchain and DLT .15 Crypto Valley Top 50 Players by Key Areas Companies Listed by Sector 03Methodology and Selection Crypto Valley Top 50 04Banks Active in Crypto .26 .46 Blockchain Technology .32 Blockchain Focused Venture Capital Firms .47 • Spotlight: NEAR .32 Blockchain Technology Solution Providers .48 Blockchain Financial Industry .33 Blockchain and Crypto Savvy Law Firms .49 • Spotlight: Crypto Finance Group .38 Blockchain Other Industry .39 • Spotlight: Maps.me .40 Crypto Valleys Top 50 Challenger Companies .41 • Spotlight: Oxygen .44 CV VC Top 50 Report H1/2020 TABLE OF CONTENTS 05CV VC Portfolio 06About Investment Thesis .51 About .54 CV VC Portfolio Companies .52 CV VC Top 50 Report H2/2020 Record Growth in Crypto Valley Technology Partner In collaboration with CV VC Top 50 Report H2/2020 Record Growth in Crypto Valley . 5 Summary Key Data for February 28, 2021: Key Takeaways Mainstream adoption of blockchain technology is • Crypto Valley Top 50 companies are valued at illustrated by the variety of applications and focused $254.9B in total. Crypto Valley has weathered the storm of Covid very efforts amongst protocols, such as Tezos in finance, well. In fact, the crisis was a key trigger for digital in supply chain, and for enter- • Total Funding of the Top 50 companies reached Cardano Concordium transformation and, in turn, crypto markets. Bitcoin prise applications with a large manufacturer. In this $3.7B. gained broad acceptance by institutional investors and report, Solana was added to the Crypto Valley Top 50 • Total number of firms in Crypto Valley is 960. new financial applications, so called DeFi projects, rose as a rapidly growing protocol. • Total employment by blockchain companies in to prominence. Crypto Valley, which includes Switzerland and In financial services, many players are moving into Liechtenstein, increased to 5,184. The Top 50 The total number of companies in Crypto Valley custody and brokerage. The strong institutional companies employ 819 employees in Crypto Valley. increased to 960 (previously 919) and employment demand is driving solutions of banks for banks, and • Cryptomarkets continued a dramatic rise in the grew substantially to 5,184 (previously 4,780). Growth sophisticated trading and settlement infrastructu- beginning of 2021, and valuation of the Crypto accelerated significantly in the second half of 2020, re. With the new regulatory framework taking effect Valley Top 50 increased 680% to $254.9B from with over 110 new companies either being founded or in the first half of 2021, many players have prepared $37.5B (previous report). joining the blockchain and crypto currency space (69 for expanded services, specifically around secondary • Crypto Valley now counts 11 Unicorns (i.e. projects companies moved or became defunct). markets. In this report, 21Shares and SwissBorg have valued at more than $1B,) up from 6 in the previous been added to the Crypto Valley Top 50 in the area report: Ethereum ($157.2B), Cardano ($40.6B), These trends confirm the attractiveness of Switzerland of financial services. Polkadot ($29.3B), Aave ($3.9B), Cosmos ($3.8B), and Liechtenstein for blockchain and cryptocurren- Solana ($3.3B), Tezos ($2.6B), Dfinity ($2B), Near cy-based projects and companies. The further deve- New applications in finance, referred to as “DeFi”, are ($1.1B), Nexo ($1.1B), and Diem ($1B). lopment of the regulatory framework will continue to emerging on blockchains. Aave, a lending platform, drive growth in financial services as well as bring even was added to the Crypto Valley Top 50 in the last • Solana, 21Shares, SwissBorg, Curve Financial, more decentralized projects and technology firms to report. In this report, Curve.fi, Enzyme, and Oxygen Oxygen, Enzyme, and maps.me have been added Crypto Valley. have been added to the Crypto Valley Top 50. Curve.fi to the list of the Crypto Valley Top 50. enables the direct exchange of stablecoins and expe- All 11 Unicorns in Crypto Valley are protocols, which rienced a meteoric rise in the volume of assets locked have dramatically increased in value. The focus of and exchanged. Enzyme is the follow-on protocol of NOTE: protocols and technology projects has been on scala- Melon, providing on chain asset management infras- Markets have seen an increase in valuations bility and security, the most prominent example being tructure. Oxygen is developing infrastructure for towards the end of 2020, which dramatically Ethereum’s launch of its transition to staking with Eth2. prime brokerage services in DeFi. accelerated in January. To portray more accurate valuations and market capitalization, Just like with the initial birth of Ethereum, Bitcoin Suis- Use cases outside of financial services continue to played a key role by providing access to its infras- emerge, namely in supply chain, track and trace, use the data in this report refers to February 28th, se tructure, ultimately supplying 17% of all ETH required of medical data, intellectual property, royalty adminis- 2021, and not 2020 Year-End. to start the process. tration, art, and non-fungible tokens (NFTs). Maps.me has been added to the Top 50 in this category. Technology Partner In collaboration with CV VC Top 50 Report H2/2020 Record Growth in Crypto Valley . 6 Editorial from Mathias Ruch Crypto Valley, which includes both Switzerland and CustoDigit, Shift Cryptosecurity, Algotrader, Modum, Founder and CEO at CV VC - the leading early-stage Liechtenstein, is home to 960 blockchain/cryptocu- Lykke, and Smart Valor. The company Smart Contai- venture capital investor with a focus on start-ups that rrency companies. CV VC research now shows ten ner is no longer active in the space. build on blockchain technology. crypto hotspots in Crypto Valley: Zug, Zurich, Liech- tenstein, Geneva, Ticino, Neuchatel, Vaud, Lucerne, “This is the 6th edition of our CV VC Top 50 Report, Bern, and Schwyz. Zug continues to be the heart of About which highlights the impact of Crypto Valley on the Crypto Valley, as about half of all companies make Swiss economy and job market. Zug their home (433). The Canton of Zurich counts The CV VC Top 50 Report 178 companies, Geneva counts 57, Ticino counts 49, Neuchâtel counts 26, Vaud counts 32, Lucerne counts The CV VC Top 50 Report is created by CV VC AG in During the last six months, we witnessed a massive 20, Bern counts 15, and Schwyz counts 13. The Princi- collaboration with its technology partners inacta and increase in the valuation of our Top 50 companies, pality of Liechtenstein counts 83 companies. PwC Switzerland. The CV VC Top 50 is a periodical which indicates increased adoption of blockchain tech- Report on market valuation developments from Crypto nology. Society is becoming more and more familiar The number of companies with significant market Valley, which includes Switzerland and Liechtenstein. with blockchain and cryptocurrencies. Institutional valuations and a large presence in Crypto Valley conti- The report highlights the diverse blockchain and cryp- investors are confirming the potential of Bitcoin and nues to grow. As new and established players with tocurrency ecosystem which consists of startups, its underlying technology. Alternative investments large market capitalizations enter the list, important corporations, and government entities. The CV VC Top such as crypto are becoming a part of many investor infrastructure providers located in Switzerland conti- 50 Report and CVMaps.ch are the authoritative cura- portfolios. nue to be part of the report in the Additional Swiss tors of information on of blockchain companies active Players List, but are not added to the total market in Crypto Valley. Forward-looking investors see and act on the new and capitalization of the Top 50. promising technology infrastructure, as well as new business model opportunities. Markets have seen an increase in valuations towards the end of 2020, which dramatically accelerated further in the first two months of 2021. Valuations The current report shows stabilized at impressive levels after the peak in the that, despite the impact of middle of February 2021. To portray a more accura- COVID-19 on the economy, te depiction of the current reality, the valuations and the number of compa- market capitalization for this report refer to February nies and employees in the 28th, 2021, and not 2020 Year End. Crypto Valley is growing significantly. Blockchain In this report, the following companies have been and crypto are now an important sector in the added to the Crypto Valley Top 50: Solana, 21Shares, Swiss economy.” SwissBorg, Curve.fi, Oxygen, Enzyme (formerly Melonport), and Maps.me. Subsequently, the following companies moved from Mathias Ruch, Founder the Top 50 to the Additional Swiss Players List: & CEO of CV VC Technology Partner In collaboration with CV VC Top 50 Report H2/2020 Record Growth in Crypto Valley . 7 Valuation and Funding in Crypto Valley The valuation of the Top 50 companies in Crypto Key Valuations Casper, Solana, Dfinity, and Alephium, are testing the Valley reached $254.9B at the end of February 2021.
Recommended publications
  • Future Focused

    Future Focused

    DELIVERING VALUE FUTURE FOCUSED 2020 ANNUAL REPORT EMERGING STRONG POSITIONED FOR GROWTH In 2020, the global COVID-19 pandemic tested the agility and resiliency of companies around the world. Grace made early strategic decisions to protect our employees and growth investments and to implement aggressive cash and cost reduction actions. By focusing on our technology leadership and continuing our commercial and operating excellence initiatives, we are emerging strong and well- positioned for recovery and growth in 2021. Our customer-driven innovation is built upon a robust foundation of strong talent, leading technology, and decades of trust with customers. Through the talent of our team, the value we deliver to our customers is unmatched. Our commitment to sustainability is deeply imbedded in our growth strategy and operations. Our technically differentiated, specialized products help customers achieve their sustainability goals and meet rising consumer demands. We’re also committed to making Grace a more sustainable company with clear, ambitious environmental goals set for 2030. While 2020 was a challenging year, we maintained a steadfast focus on building a stronger Grace. As we begin 2021, we remain confident that our high-value businesses, industry- leading technologies, profitable growth strategy, and capital allocation discipline will create significant value for our shareholders into the future. FINANCIAL PERFORMANCE In millions1 Sales Sales Sales Adjusted EBIT SALES Adjusted EBIT ADJUSTEDAdjustedAdjusted EBIT EBIT EPS AdjustedADJUSTED
  • Annual Report and Accounts for the Year Ended 31 December 2018 IDEAS INTO WORLD CHANGING BUSINESSES

    Annual Report and Accounts for the Year Ended 31 December 2018 IDEAS INTO WORLD CHANGING BUSINESSES

    EVOLVING GREAT IP Group plc IP Group IDEAS INTO Annual Report and Accounts for the year ended 31 December 2018 ended 31 December the year for and Accounts Annual Report WORLD CHANGING BUSINESSES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2018 Registration Number: 04204490 Stock Code: IPO 03 2018-IP Group-AR.indd 3 12/04/2019 17:08:53 26347 12 April 2019 5:08 pm Proof Six INVESTMENT CASE Evolving great Established partner relationships with leading research institutions, giving access to potentially ideas into disruptive IP around the world. Business-building expertise, world-changing including executive search, capital, networks, recruitment and business support. businesses Permanent capital structure, enabling the provision of funding from ‘cradle to maturity’ unconstrained by traditional fixed- life VC fund approach. Strong track record built over IP Group’s core purpose is to evolve great ideas into world- changing businesses that will have a positive impact on the world. 15+ years. Sustainability has always been at the heart of IP Group. Through Balanced and maturing portfolio of the businesses that we back and build, we aim to address some of the world’s most pressing challenges in areas such as disease exciting companies. prevention and mitigation, the transition to a less carbon intense energy world and in productivity improvement. Our approach International exposure with therefore considers environmental, social and governance (“ESG”) operations in the UK, US and factors and their impact. Australasia. Our team is passionate about this endeavour and has spent many years finessing its approach to identifying attractive intellectual Critical mass allowing access to property (“IP”), nurturing and building businesses around that greater pool of capital.
  • Strategic Report

    Strategic Report

    Strategic Report The Strategic Report from page 2 to page 97 was approved Strategic by the board on 30th May 2019 and is signed on its behalf by: Robert MacLeod Report Chief Executive Here we explain how we use our inspiring science to enhance life. Johnson Matthey 2 Annual Report and Accounts 2019 Strategic Report Strategic Contents 4 JM in profile 60 People 6 Chairman’s statement 61 A culture for success 10 Chief Executive’s statement 69 Health and safety 13 Group Management Committee (GMC) 74 Recognising our people 14 Our strategy 76 Financial performance review 22 Our business model 77 Group performance review 24 Our sustainability framework 78 Sector performance review 28 Our stakeholders 80 Clean Air 30 Our KPIs 82 Efficient Natural Resources 34 Science 83 Health 40 Customers 84 New Markets 48 Operations 86 Financial review 56 Environmental management 90 Treasury policies and going concern 91 Risks and uncertainties Johnson Matthey Annual Report and Accounts 2019 3 Strategic Report JM in profile Johnson Matthey is a global leader in science that makes the world cleaner and healthier. What we do Our key highlights We use our cutting edge science to create solutions to our customers’ complex Sales1 Operating profit Operating profit problems. Our science has a global impact excluding precious metals reported underlying in areas that include low emission transport, pharmaceuticals and chemical processing. We apply it in a way that makes the most bn m m efficient use of the planet’s natural resources. £4.2 £531 £566 Our major markets We serve customers in the global automotive, Sales by sector Operating profit (excluding corporate) chemicals, pharmaceuticals and other excluding precious metals underlying industrial markets.
  • NFT INV Intention to Float FINAL

    NFT INV Intention to Float FINAL

    1st April 2021 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. This announcement is not a prospectus and does not constitute an offer of securities for sale in any jurisdiction, including in or into the United States, Australia, Canada, Japan or South Africa. Neither this announcement, nor anything contained in it, shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any ordinary shares (the "Ordinary Shares") referred to in this announcement or in any final admission document except solely on the basis of the information contained in any such admission document including the risk factors set out in it, that may be published by NFT Investments PLC) in due course in connection with a possible placing of Ordinary Shares in the Company and the possible admission of the Company's entire issued ordinary share capital to the Access segment of the AQSE Growth Market operated by Aquis Stock Exchange Limited. A copy of any admission document published by the Company will, if so published, be available for inspection from the Company's registered office and on the Company's website at www.nftinvest.pro NFT Investments PLC (“NFT Investments” or the “Company”) Intention to Float on AQSE Growth Market NFT Investments, an investment company specializing in non-fungible tokens and established by the co-founders of $1bn market cap Argo Blockchain plc, is pleased to announce its intention to apply for admission of its Ordinary Shares to trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London, UK.
  • 2019Annual Report and Accounts

    2019Annual Report and Accounts

    Johnson Matthey Annual Report and Accounts Annual Report and Accounts 2019 Annual Report and Accounts 2019 Johnson Matthey Our vision is for a world that’s cleaner and healthier, today and for future generations. As a global leader in sustainable technologies, we use our cutting edge science to create solutions with our customers that make a real difference to the world around us. Acting today We face complex challenges on a global scale; the need for cleaner air, the drive for improved health and a responsibility to be smarter and more efficient in the way we use our planet’s finite natural resources. Inspiring science, For the future enhancing life. In doing this we are: Through using our expertise in science at the atomic • Taking action for sustainable development. scale, JM is developing solutions that create value for • Shaping a new era for our customers and have an impact at the global scale, clean energy. making our world cleaner, healthier and fit for future generations. • Achieving more from less. • Providing clean air for all. • Helping people live longer and healthier lives. Taking action for sustainable development The world is faced with an unprecedented set of challenges. As the global population rises, communities must overcome issues such as air pollution, climate change, scarcity of natural resources and ever increasing demands for clean energy, water, food and access to healthcare. The challenge The UN Sustainable Development Goals (SDGs) provide a blueprint for meeting the world’s challenges and an opportunity for governments, industry and individuals to work together to create a better future for people and the planet.
  • February/March 2012

    February/March 2012

    WORLDWWW.WORLD-GEN.COM GENERATION FEBRUARY/MARCH 2012 VOLUME 24 - NUMBER 1 CLASS OF 2012 Our 24th Year PUBLISHER’S LETTER pg. 3 TOBY SEAY, BECHTEL pg. 4 PAUL BROWNING, GE pg. 5 ANDY REDINGER, KEYBANC pg. 6 TIM FRACE, SIEMENS pg. 7 STEVE LEVY, ADVANCED ENERGY pg. 8 ROBERT NICOLO, HITACHI pg. 9 RICK NEEDHAM, GOOGLE pg. 10 SUSAN REILLY, RES pg. 11 DIRK ROUNTREE, PIC pg. 12 PAOLO CASINI, POWER-ONE pg. 13 JEANNE JANKOWSKI, ZURICH pg. 14 JOHN LEFEBVRE, SUNTECH pg. 15 JULIA HAMM, SEPA pg. 16 MARVIN FERTEL, NEI pg. 17 RON KENEDI, LDK SOLAR pg. 17 DAVE DUNNING, FLUOR POWER pg. 18 GERRY CAULEY, NERC pg. 19 MARY FALLIN, OKLAHOMA pg. 20 CHARLES DAUBER, AETI pg. 21 BRIAN HUEY, SPRINT pg. 22 Flex Effi cient Ad Trim: 10.875” x 14.9375” Live: 10.375 x 14.4375 Bleed: 11.125” x 15.1875 FlexEfficient* It’s not just an adjective. It’s the new standard in power generation. FlexEffi cient Gas Generation from GE Energy provides the fl exibility and effi ciency you need to respond to the cyclic challenges of today’s grid. FlexEffi cient Gas Generation gives you faster starts, higher start reliability, quicker ramping, and lower turndown. All designed to make your plant more profi table. Flexible solutions for a fl uctuating industry. That’s FlexEffi cient. To fi nd out how you can become FlexEffi cient, go to ge-energy.com/fl exeffi cient. * FLEXEFFICIENT is a trademark of General Electric Company. 68095_GE_FlexEfficient_0312.indd 1 3/5/12 5:17 PM PUBLISHER’S LETTER 2012 is an election year and a leap year! Campaigning to be elected is not much different from a publication campaigning to be selected.
  • Investor Day

    Investor Day

    Investor Day March 2, 2018 New York Stock Exchange AGENDA 8:30 a.m. Welcome and Opening Remarks 10:25 a.m. Materials Technologies Tom Blaser Sandra Wisniewski Senior Vice President, Chief Financial Officer President, Materials Technologies Company Overview Refining Technologies Fred Festa Tom Petti Chairman and Chief Executive Officer President, Refining Technologies Strategy and Grace Value Model Financial Overview Hudson La Force Tom Blaser President and Chief Operating Officer Senior Vice President, Chief Financial Officer Specialty Catalysts Closing Remarks Al Beninati Fred Festa President, Specialty Catalysts Chairman and Chief Executive Officer 9:55 a.m. Q&A 11:45 a.m. Q&A 10:15 a.m. Break 12:30 p.m. Leadership Luncheon Investor Day 2018 | 2 SAFE HARBOR Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues,” or similar expressions. Forward-looking statements include, without limitation, expected financial positions; results of operations; cash flows; financing plans; business strategy; operating plans; capital and other expenditures; competitive positions; growth opportunities; benefits from new technology and cost reduction initiatives; and markets for securities. For these statements, Grace claims the protections of the safe harbor for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect.
  • CV VC Top 50 Report H1 2020

    CV VC Top 50 Report H1 2020

    INSIGHTS CV VC Top 50 Report H1/2020 Zug, 7th of August 2020 The blockchain industry in Crypto Valley, Switzerland and Lichtenstein, analyzed and visualized. Technology Partner In collaboration with CV VC Top 50 Report H1/2020 TABLE OF CONTENTS Broad growth fueled by Blockchain industry in Protocols and Financial Crypto Valley visualized 01Applications 02 Summary .5 Crypto Valley Top 50 Companies per sector .14 About .5 Crypto Valley Companies per canton .15 Crypto Valley Top 50 Companies Sector Review .6 Crypto Valley Top 50 Companies Employment Levels .16 • 01 Blockchain Technology .6 Crypto Valley Companies valuation and funding .17 • 02 Blockchain Financial Industry .6 Blockchain Technology Companies Valuation .18 • 03 Blockchain Other Industries .7 Financial Industry Companies Valuation .19 Crypto Valley Top 50 Challenger Companies .8 Other Industries Companies Valuation .20 Companies and employees in Crypto Valley .8 Valuation and funding of companies in Crypto Valley .9 Regulatory environment in Crypto Valley .9 Impact of the Pandemic in Crypto Valley .10 A brief history of Crypto Valley .10 Universities engaged in Blockchain and DLT .11 Crypto Valley Top 50 Players by key areas Companies listed by 03sector 04 Methodology and Selection Crypto Valley Top 50 .22 Banks active in Crypto .37 Blockchain Technology .23 Blockchain focused Venture Capital Firms .38 Blockchain Financial Industry .27 Blockchain Technology Solution Providers .39 Blockchain Other Industry .31 Blockchain and Crypto Savvy Law Firms .40 Crypto Valleys Top 50 Challenger Companies .32 CV VC Top 50 Report H1/2020 TABLE OF CONTENTS 05CV VC Portfolio 06About Investment Thesis .42 About .45 CV VC Portfolio Companies .43 CV VC Top 50 Report H1/2020 Broad growth fueled by Protocols and Financial Applications Technology Partner In collaboration with CV VC Top 50 Report H1/2020 Broad growth fueled by Protocols and Financial Applications .