Global Funding Report: Q1 2018 brings positive news

The year 2018 starts out with good news regarding startup funding and some more information about ICOs.

Another year has started and it’s time to look at how the global startup funding scene is looking like after the first three months of 2018.

Global funding comparison shows a good start of the year

Global startup funding grew by $7bn in Q1 2018.

The start of the year is looking very positive. The global startup funding made a jump of 27%, where funding increased from €26bn in Q1 2017 to almost €33bn in Q1 2018.

This is definitely a good sign showing the startup funding scene is more active now as it was a year ago.

Note that 5% of the global funding is raised by Telegram Messenger’s ICO of $1,7bn.

Europe’s massive increase in startup funding due to an ICO

All three regions of the world saw an increase in startup funding. While it was rather modest in North America, Europe saw a huge growth in startup funding. It more than doubled the funding and reached a total of $6,84bn in Q1 2018. This was mostly thanks to Telegram Messenger’s ICO of $1,7bn.

All the regions saw an increase in funding compared to the Q1 in the previous year.

ICOs still booming after a slight dip in funding

ICO funding took off at the beginning of 2017, where it took a slight dip at the end of 2017 but increased massively again in Q1 2018.

After a decrease in ICO funding at the end of 2017, ICO’s have jumped higher than ever.

Telegram Messenger is again one of the reasons why. They raised two rounds of ICOs in February and March 2018 adding up to $1,7bn.

ICO round-sizes have also been increasing, ending on an average round-size of $62m.

The full report is completely free and available for download: markets.funderbeam.com/reports