We invest in Web3 top-tier funds that provide full spectrum exposure to the space, ranging from illiquid, early-stage projects to more liquid digital assets.
Variant I
Variant is an early-stage fund investing in web3. The fund is located in Brooklyn, New York. The fund targets the cryptocurrency and blockchain sectors.
Allocation: 25%
Vintage: 2020
Focus: Ownership economy, Web3, security, cryptocurrency and blockchain
Top performing assets: Aleo Systems, Bitcoin, Ethereum, Phantom Tech, Tools For Humanity (Worldcoin), Uniswap, Zora Labs.
Website: https://variant.fund/
Variant Fund – 3Q23 Unaudited Financials
Variant II
Variant Fund II is a venture capital fund managed by Variant Fund. The fund is located in Brooklyn, New York and targets the cryptocurrency and blockchain sectors.
Allocation: 25%
Vintage: 2021
Focus: Ownership economy, Web3, cryptocurrency and blockchain
Top performing assets: Aptos Labs, Ethereum, Polygon, Uneven Labs.
Website: https://variant.fund/
Variant Fund II – 3Q23 Unaudited Financials
Ideo Colab Crypto Fund II
IDEO CoLab Crypto Fund II is a buyout fund managed by IDEO CoLab Ventures. The fund is located in San Francisco, California. IDEO CoLab Ventures invests in early-stage distributed web startups and co-creates with them to deploy new products and protocols.
Allocation: 25%
Vintage: 2021
Focus: Web3, Blockchain and DeFi startups
Top performing assets: NineRealms, SeedClub DAO, Zora Labs.
Website: https://ideocolab.com/
Ideo CoLab Crypto Fund II 3Q23 Financials
Electric Capital Fund II
Electric Capital is a venture firm that invests in cryptocurrencies, blockchain-based businesses, fintech companies, and marketplaces.
Allocation: 25%
Vintage: 2020
Focus: Layer 1, Decentralized markets, DeFi, programable money
Top performing assets: ConsenSys Software, Magic Eden, Spruce Systems.
Website: https://www.electriccapital.com/