[ad_1]
Dispersion Capital Raises $40 Million for Decentralized Infrastructure Investment Fund
Dispersion Capital, a venture capital firm, has launched a $40 million first fund to invest in decentralized infrastructure, the firm exclusively told FROSTRIFT. The venture vehicle is backed by various entities including WeNade, Circle Ventures, Ripple, Alchemy Ventures, NGC, and individual general partners and will focus on deploying capital into pre-seed and seed rounds.
The Slow Evolution of Blockchain Infrastructure Technology
According to Patrick Chang, founder and managing partner of Dispersion Capital, the evolution of blockchain infrastructure technology has been slow, even as startups were founded to build NFT projects, decentralized finance protocols, and more. Chang argues that the issue with existing blockchain infrastructure technology was that it was built bit by bit, and newer development work is essential to harmonize the sector and bring Web2.0 “know-how” to web3.
Focus on Deploying Capital
Dispersion Capital plans to deploy its fund into startups to help onboard new crypto users, with a focus on technology like refreshed data infrastructure, cybersecurity, and smart contracts. While primarily concentrating on companies in the US, Dispersion actively invests in other areas as well. Approximately a quarter of its active investments are based in Israel, but the firm is also exploring Asia-based builders in light of the proliferation of developments for zero-knowledge technology, or ZK.
Building Web3 to Reach a Billion Users
Dispersion’s mission is to bring web3 to the masses and make it an invisible technology that everyone doesn’t realize they’re using but are. In the long term, the company is focused on bringing web3 to a billion users.
FAQs
What is Dispersion Capital?
Dispersion Capital is a venture capital firm that invests in decentralized infrastructure for web3.
What is the focus of the $40 million fund raised by Dispersion Capital?
Dispersion Capital plans to deploy its fund into startups that focus on improving web3 infrastructure to onboard new crypto users with technology like refreshed data infrastructure, cybersecurity, and smart contracts.
What technology is Dispersion Capital bringing to web3?
Dispersion Capital brings its Web2.0 “know-how” to web3, essential to harmonize the sector and build more efficient blockchain infrastructure technology.
Where does Dispersion Capital primarily invest?
Dispersion Capital focuses primarily on companies in the US, but it actively invests in other regions as well, such as Israel and Asia-based builders.
What is Dispersion Capital’s long-term goal?
Dispersion Capital is focused on bringing web3 to a billion users and making it an invisible technology that everyone doesn’t’ realize they’re using, but are.
[ad_2]
For more information, please refer this link