Top Crypto VC Firms to Lookout in 2023

Top Crypto VC Firms to Lookout in 2023
Hitesh Agarwal Dec 29, 2022
6 minutes read
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As per the KPGM study circulated in 2022, venture capital firms have poured $14.2 billion into crypto ventures during the first half of this year. This data implies that institutional investors are actively exploring new projects that have growth potential.

Undoubtedly, crypto venture organizations play an essential role in funding innovation for digital assets

In this section, we explore the top crypto venture capital firms in the market—who are they? What do they offer?

Who are Crypto Venture Capital Firms?

Crypto venture capital firms are those that invest in blockchain-based projects, cryptocurrencies, and other blockchain-related ventures. They are typically composed of experienced venture capitalists who understand the risks and rewards of investing in the blockchain space.

These firms often have a deep knowledge of the sector, a solid track record of successful investments, and access to a global network of blockchain experts. They are also well-positioned to help blockchain start-ups with the necessary capital and resources to launch and scale their projects. Examples of such firms include Pantera Capital, Block media labs, and Coinbase ventures to name a few which are discussed below.

11 Crypto Venture Capitalist Firms to Lookout

Block Media Labs

Location: Bulgaria

Website: www.blockmedialabs.io

Block media labs are one of the top crypto venture capital firms that help new crypto entrepreneurs navigate their business plans.

Block Media Labs is a top crypto venture capital firm, that supplies capital and guidance to crypto ventures. As well as financial help, the company assists fledgling crypto entrepreneurs in formulating their business strategies and locating the ideal board members.

This VC firm is known to work on the web3 project – be it NFTs, Metaverse, or digital tokens. Moreover, media labs have also funded the fastest cryptocurrencies like Tamadoge which is a metaverse gaming platform going to launch in 2023.

Coinbase Ventures

Location: San Francisco, California

Website: www.coinbase.com/ventures

Coinbase ventures specialized in early-state cryptocurrency exchange deals. This venture capitalist firm finances projects in several categories of the web3 space and have a partnership with numerous cryptocurrency business. Today, the firm offers a trusted and easy-to-use platform for accessing the broader crypto economy.

In addition, the Coinbase venture holds an extensive portfolio and has invested in several crypto projects. Some of the important holdings of Coinbase ventures are Uniswap, Alchemy Graph protocol, and Etherscan to name a few.

Pantera Capital

Location: USA

Website: panteracapital.com

Founded in 2003, Pantera capital is one of the largest blockchain investors, that provides capital funds to retail investors. When it comes to crypto in VC, Pantera is the first in the market that provides multiple options for retail investors. Pantera offers direct investment to retail investors.

Binance Labs

Location: Hong Kong

Website: labs.binance.com

Binance Labs is one of the major blockchain platforms offering multiple products including digital asset exchange. Binance Labs aims to invest and empower viable blockchain entrepreneurs and provide financing support to industry projects that help grow the ecosystem of blockchain.

To help grow the blockchain ecosystem, Binance labs offers all the required resources needed to blockchain entrepreneurs.

Polychain Capital

Location: San Francis co California

Website: polychain.capital

Polychain capital is an American investment firm committed to delivering fantastic returns for investors through a managed portfolio of assets. The firm has invested in various intriguing cryptocurrency companies such as Polygon and Compound.

SV Angel

Location: San Francisco

Website: svangel.com

SV Angel is a venture capital firm located in San Francisco, CA. They provide start-ups with assistance in commercializing, financing, and other strategic counsel. SV Angel predominantly invests in software-related businesses across both consumer and commercial sectors. They have a hefty portion of their portfolio committed to crypto businesses, including their most noted investment Coinbase. With the main emphasis on early-stage investing and seed funding, they have crafted an outstanding record.

Fenbushi Capital

Location: Shangai

Website: www.fenbushicapital.vc

Fenbushi Capital is the pioneer and most vibrant blockchain-focused venture capital firm in Asia. Established by stalwarts in both blockchain and traditional financial fields, it has thus far endorsed over 60 leading projects across 4 continents utilizing blockchain technology to revitalize industries such as finance, healthcare, supply chain, and consumer goods. Fenbushi’s mission is to impel healthy and sustainable expansion in the global blockchain ecosystem and diligently serves as a long-term strategic companion to its portfolio projects.

ConsenSys Ventures

Location: San Francisco

Website: consensys.net

ConsenSys Ventures is a San Francisco-based enterprise that fabricates blockchain developer applications to be incorporated across the Ethereum environment. They have nurtured and hastened many Ethereum startups that are rolling out services across realms such as finance, law, and supply chain. They are dedicated to aiding businesses that convert the world's digital infrastructure into a more comprehensive and safer Internet of worth.

Fabric Ventures

Location: London

Website: www.fabric.vc

Fabric Ventures is a London-based venture capital firm sponsored by OpenOcean and Firestartr that reworks the traditional venture capital system for more expansive and decentralized networks. Drawing on OpenOcean's open-source protocol and Firestartr's blockchain and seed investing experience, they support the most innovative and revolutionary ideas.

Sequoia

Location: US

Website: www.sequoiacap.com

Sequoia is one of the most venerable venture capital firms in the US. It allocates capital not only in the cryptocurrency area but also in tech-related companies that function in other sectors. The enterprise has branches in the US, Europe, Israel, South-East Asia, and India.

Sequoia concentrates on investments at the inception, pre-eminent, and development levels. It was established in 1972, but it wasn't until 2022 that the venture capital company energetically began to widen into the cryptocurrency field.

Benchmark Capital

Location: San Francisco

Website: www.benchmark.com

Benchmark is a venture capital firm situated in San Francisco that puts a spotlight on early-stage venture capital. They have invested in over 250 start-ups and have distributed around $22 Billion to their investors. Noted for their pioneering strategy, they developed the first even possession and remuneration system for their associates, where all six full-time partners share rewards uniformly, thus making no distinction between junior and senior partners.

In Final Words

Venture capital plays a vital role in the investment and development of crypto-based projects. Today, VC firms have become the driving force of technological innovation worldwide. It can be considered an alternative investment option. As a VC investor, you can build your network valuable and help grow your business. Above shared are some of the top VC firms with astounding track records in funding projects.

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