Top 13 investors in Western Europe with the biggest sum of Late funding rounds in Virtual Currency industry over the recent years

Intro

The top 13 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Western Europe that have invested in Late stage over the last 4 years. They are actively investing in Virtual Currency industry.
Virtual currency is an electronic representation of value and can be traded or used as payment. It includes cryptocurrencies like bitcoin and etherium.

Amount of money raised in Virtual Currency funding rounds is $4.4B, which is 2.0% of the total amount of money raised in Late rounds in Western Europe over the last 4 years.

Top 13 investors in Western Europe with the biggest sum of Late funding rounds in Virtual Currency industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common country among top VCs is The United Kingdom which hosts 7 funds. There are also funds from France, Portugal and Germany. The most common city is London which is home to 6 funds. There are also funds from Paris, Lisboa and City of Edinburgh. VCs tend to invest in startups from The United States, but also invest in startups from The United Kingdom, France, and Portugal. For the majority of the funds, the country of the funds’ establishment and the country of their most frequent investments coincide.
• Industry Focus – The funds’ most common field for investments is Finance. They also invest in Business Development, Gamification and E-Commerce Platforms.
• Important Years – The oldest fund in the sample was founded in 1908 and the newest one in 2018. In 2017 the most amount of funds were founded. 2018 holds the most deals for 6 VCs. 2020, 2019 and 2015 were also fruitful. The biggest amount of successful exits happened between 2012 and 2021 years. For some funds, 2020 became the year with the most successful exits.
• Investments – Usually VCs take part in 2 funding rounds per year, sometimes in 7 – 12. The minimum number of funding rounds for VCs in the sample is 7, the maximum is 473. Average number of funding rounds is 79.5 while median is 38.0. Minimum amount of lead investments for funds is 0 and maximum is 108. Average amount of lead investments is 17.8 while median is 6.0. The most common amount of lead investments is 3. Index of difference in percentage points of lead investments from the average is between -51.0 and 29.0 for funds in the sample. The average value for this difference is 3.78 and the median is 14.71. It means that these funds act as lead investors more often than other funds. The most common value is 29.0.
• Typical Rounds – VCs usually participate in rounds with 4 – 5 investors. Less often in rounds with 6 – 7 investors. The most common round size for VCs in the sample is 100-500 million. Less common range is 500 million – 1 billion. A Funds’ average multiplicator for portfolio companies at the last known valuation is close to zero at minimum and 241.38 at maximum. Average value for this multiplicator is 19.72 and median is 1.49. The most common multiplicator value is close to zero.