Venture Capital

Analyst: Historical data shows that venture capital prefers AI over cryptocurrency

ChainCatcher news, CoinDesk analyst Sam Reynolds stated that according to Pitchbook data, venture capital financing in the U.S. cryptocurrency sector was approximately $861 million in the first quarter of 2025, while the AI industry attracted nearly $20 billion, with funding still clearly leaning towards artificial intelligence. Major financing in the AI sector includes: Databricks $15.3 billion, Anthropic $2 billion, totaling 795 transactions. The largest financing in the cryptocurrency industry was Abu Dhabi MGX's investment of $2 billion in Binance, with other financings including Mesh $82 million, Bitwise $70 million, and Sygnum Bank $58 million.Historical data shows that AI financing grew from $670 million in 2011 to $36 billion in 2020, with an overall growth rate far exceeding that of the cryptocurrency sector, where in 2021, a classification adjustment briefly caused cryptocurrency financing to surpass AI. Despite the dominance of AI funding, the cryptocurrency industry still obtains funds through unique mechanisms such as airdrops, which generated a total of $700 million from the top 11 airdrops from 2020 to 2024.According to Statista data, historical data shows that venture capital has generally favored artificial intelligence (AI) over cryptocurrencies, with funding for AI and machine learning continuing to grow and expand exponentially, increasing from $670 million in 2011 to $36 billion in 2020.

Web3 venture capital fund Becker Ventures made its debut at Consensus in Hong Kong and will hold a closed-door cocktail party for investors on February 19

ChainCatcher news, Becker Ventures today announced that it will host an "Exclusive Venture Horizon" investor invitation-only cocktail party on February 19 at 18:00 at SOHO House, Central, taking advantage of the annual blockchain event Consensus in Hong Kong.According to official disclosures, this event will selectively invite representatives from leading institutions such as OKX Ventures, Alliance DAO, Paradigm, as well as high-quality Web3 projects that have been selected for the Becker Ventures acceleration program.The event will adopt a dual-track mechanism of invitation and registration review, focusing on cutting-edge tracks such as Infra, DeFi, and AI, with special sessions for project roadshows, thematic roundtables, and free networking."Hong Kong, as a hub for Web3 innovation and consensus, is attracting builders from around the world to converge here," said a founding partner of Becker Ventures. "We look forward to creating a chemical reaction between builders who truly create value and discerning VCs through deep social scenarios."It is reported that the fund's first phase has a scale of $50 million, focusing on innovative projects from seed to Series A rounds. The event has opened a limited registration channel, and Web3 entrepreneurs can submit their BP through luma to obtain entry qualifications. Industry observers point out that this closed-door event may become the most valuable capital matchmaking platform for Hong Kong's Web3 month.

PitchBook: The total amount of cryptocurrency venture capital in 2024 will reach $10 billion, nearly flat compared to 2023

ChainCatcher news, according to Blockworks, PitchBook reveals in a new report that crypto venture capital spending will remain sluggish until the end of 2024. Specific data shows that the transaction value in Q4 2024 surged to $2.4 billion, a 13.6% increase from Q3, but the number of transactions decreased from 411 to 351.PitchBook's Robert Le pointed out: "Although there has been a return of funds, indicating ongoing support from investors for mature teams and differentiated technologies, the continuous decline in the number of transactions reflects an increased selectivity among investors, a trend that has been evident since Q3."Comparing the data from 2023 and 2024, the figures are quite similar. In 2023, the total amount of crypto venture capital reached $10.3 billion, involving 1,936 transactions; while last year, spending in this sector also amounted to $10 billion, covering 1,940 transactions.Additionally, the average transaction amount in the seed stage increased by 20%, jumping from $2.5 million to $3 million; early-stage financing grew by 26%, reaching $4.8 million. However, late-stage financing saw a slight decline, dropping from $6.4 million to $6.3 million. Le stated that this reflects "founders of more mature companies turning to smaller but strategically focused funding rounds, rather than pursuing the large financing rounds that were common in the past."
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