Blockchange Ventures

Blockchange Ventures is a prominent venture capital firm based in New York, specializing in early-stage blockchain companies, protocols, and applications. Established in 2017, the firm has rapidly grown its footprint within the burgeoning Web3 ecosystem, demonstrating a clear commitment to foundational technologies and innovative decentralized applications. Their investment thesis centers on identifying and supporting projects that contribute to the long-term value creation and infrastructure development of the blockchain space, spanning areas such as DeFi, NFTs, gaming, and developer tools.

The firm's growth trajectory is indicative of its increasing influence and successful investment strategy. Blockchange Ventures initially launched with a modest Fund I, raising $10 million in 2018. This foundational capital allowed them to begin building a diversified portfolio of promising blockchain startups. Recognizing the accelerating pace of innovation and the expanding market opportunity, the firm successfully raised Fund II, securing $50 million in 2021. This significant increase in capital enabled them to participate in larger seed and Series A rounds, further solidifying their position as a key player in the blockchain venture landscape.

Their most recent and substantial fundraising effort culminated in the close of Fund III, which amassed an impressive $150 million in 2022. This substantial capital pool empowers Blockchange Ventures to deploy larger initial checks and provide robust follow-on funding to their portfolio companies, supporting their growth through subsequent funding rounds. Typically, Blockchange Ventures provides initial investments ranging from $1 million to $7 million, reflecting their capacity to lead or co-lead significant early-stage rounds. Their strategic approach combines deep industry expertise with a long-term vision, aiming to back the next generation of transformative blockchain enterprises.