NEW YORK--(BUSINESS WIRE)--MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced today the launch of its first fund ("Fund I" or "the Fund"), with total capital commitments of $30 million USD. LPs in the Fund include NEAR Foundation, Sequoia China, Dragonfly Capital, GSR Markets, Octopus Network, SevenX, Mentha Partners, as well as notable entrepreneurs such as NEAR’s co-founder Illia Polosukhin, Matrix China’s co-founder Bo Shao, Alchemy Pay’s founder Shawn Shi, Dodo’s co-founder Mark Wang, and more.
“We founded MetaWeb to back the future Web3 leaders who will disrupt the world through blockchain. As former entrepreneurs, we will work side by side with the founders throughout their journey”
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MetaWeb is focused on supporting developers and researchers building the future of Web3. The Fund has been operating in stealth mode over the past few months and has already invested in 33 start-ups. Most notably,...
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