For this quarter's funding analysis, let's examine how average funding in the blockchain technology sector is evolving. The graphic below shows the blockchain technology average funding across all deals over time by quarter.
As the graphic demonstrates, blockchain technology average funding deal size in Q1 2019 was at $19M, which increased by 8% from the $17M in the same quarter last year. The average funding deal size has experienced robust growth, with the average funding last quarter around 7 times larger than it was 5 years ago. The top three funding events in Q1 2019 include a $90M round into Ground X, a $65M round into Figure, and a $50M round into Dorae.