VentureBeat January 22, 2024
Paper Ventures has launched a $25 million venture capital fund for blockchain startups.
It’s surprising to see a new player enter the blockchain venture capital arena after a few years of turmoil among blockchain and cryptocurrency startups. But there might be some logic in coming in late to fund projects now that the hype is gone from the sector.
Danish Chaudhry, Oliver Blakey and Ivailo Jordanov founded Paper Ventures and they bring extensive experience in Web3 investments and a vision to make a lasting impact on early-stage projects. There’s more info here.
The founders, with roots in Web3 investments dating back to 2010, have capped their fund at $25 million. The decision reflects their strategic focus on early-stage projects where...
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