Within Europe, Netherlands-based Bitfury, a mining hardware developer, captured the greatest share, raising $20 million. That funding round alone made the Netherlands the second-largest recipient of VC funds in the world.
We recently showed that European countries hold the top-5 positions for downloads per capita of Bitcoin's core protocol. We got further evidence of the surge in Europe today, as Barry Silbert's Bitcoin Opportunity Corp. venture capital fund announced a $250,000 investment in Stockholm-based Bitcoin service provider Safello.
In its quarterly State of Bitcoin report, released Thursday, CoinDesk shows Bitcoin VC funding in Europe nearly doubled in Q2, to $30.9 million from $15.6 million in Q1. Investment in North America climbed 21% to $186.3 million. Asian funding fell 18% to $20.8 million.