Alchemy

Alchemy, primarily known as a leading developer platform for Web3, extends its influence into the investment landscape through Alchemy Ventures. This dedicated investment arm focuses on nurturing the next generation of decentralized applications and blockchain infrastructure. Leveraging its deep technical expertise and extensive network within the Web3 ecosystem, Alchemy Ventures provides more than just capital; it offers strategic guidance, integration opportunities with the Alchemy platform, and access to a vast developer community.

The investment thesis of Alchemy Ventures centers on supporting early-stage startups that are building foundational technologies and innovative applications across various sectors of Web3, including DeFi, NFTs, gaming, and decentralized autonomous organizations (DAOs). They seek out teams that are pushing the boundaries of what's possible in the decentralized space, aiming to accelerate their growth and adoption. Their strategic investments are designed to bolster the entire Web3 ecosystem, ensuring a robust and scalable future for decentralized technologies.

Alchemy Ventures officially launched its dedicated fund in March 2022, committing $25 million to support promising Web3 projects. This initiative underscores their commitment to fostering innovation from the ground up. Typically, Alchemy Ventures participates in seed and pre-seed rounds, with initial cheque sizes ranging from $250,000 to $1 million. This targeted approach allows them to provide crucial early-stage funding and hands-on support to nascent projects, helping them navigate the complex and rapidly evolving Web3 landscape. Their involvement often signifies a strong vote of confidence in a project's potential, attracting further investment and talent.