Delphi Ventures

Delphi Ventures is the dedicated venture capital arm of Delphi Digital, a prominent research and investment firm deeply embedded in the Web3 ecosystem. Operating as a thesis-driven, high-conviction firm, it strategically allocates capital across core themes believed to profoundly shape the future of the decentralized world. These themes primarily encompass decentralized finance (DeFi), blockchain gaming, NFTs, metaverse technologies, and foundational infrastructure within the crypto space. The firm leverages Delphi Digital's extensive research capabilities and industry insights to identify and support groundbreaking projects.

Delphi Ventures employs a focused investment strategy, typically engaging with projects at the seed and Series A stages, though it may participate in later rounds for strategic opportunities. Its approach is characterized by deep conviction in its chosen themes and a commitment to providing more than just capital, offering strategic guidance and leveraging its network to foster portfolio company growth. The firm seeks to partner with visionary founders who are building long-term, impactful solutions within the burgeoning Web3 landscape.

The firm has successfully raised substantial capital to deploy into the crypto venture market. In September 2021, Delphi Ventures announced the close of its first dedicated fund, Delphi Ventures Fund I, securing $110 million in commitments. Building on this momentum and the rapid growth of the Web3 sector, the firm launched Delphi Ventures Fund II in April 2022, a significantly larger vehicle with $500 million in capital. This robust capital base enables Delphi Ventures to make meaningful early-stage investments, with typical initial check sizes ranging from $500,000 to $5 million.

Delphi Ventures boasts a strong portfolio of industry-leading projects, reflecting its ability to identify and back impactful innovations. Notable investments include prominent names such as Axie Infinity, Yield Guild Games, Immutable, and StarkWare. Through its strategic investments and hands-on support, Delphi Ventures has solidified its reputation as a key player in the Web3 venture capital landscape, contributing significantly to the development and adoption of decentralized technologies.