Ethereal Ventures

Ethereal Ventures is a dedicated Web3 venture capital firm established by Joseph Lubin, a co-founder of Ethereum and the founder of ConsenSys. Launched with a clear vision to support the decentralized future, the firm focuses on investing in foundational technologies and applications that are building blocks for the next iteration of the internet. Its inception is rooted in a deep understanding of the blockchain ecosystem, leveraging Lubin's extensive experience and network within the space to identify and nurture promising early-stage projects.

The firm primarily targets investments in decentralized protocols, infrastructure, and applications across various sectors of the Web3 landscape. This includes areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain gaming, and decentralized autonomous organizations (DAOs). Ethereal Ventures closed its inaugural fund at $60 million, signaling its commitment to deploying significant capital into the nascent but rapidly expanding decentralized economy. This capital is strategically allocated to support innovators who are pushing the boundaries of what's possible with blockchain technology.

Ethereal Ventures typically writes first checks ranging from $500,000 to $2 million, targeting seed and Series A rounds. This investment strategy allows them to engage with companies at critical early stages, providing not just capital but also strategic guidance and access to a vast network of technical and business expertise. Their close ties to ConsenSys further enhance their value proposition, offering portfolio companies unparalleled insights and potential synergies within the broader Ethereum ecosystem. The firm's long-term perspective emphasizes fostering sustainable growth and adoption of decentralized technologies, aiming to be a foundational partner for the next generation of Web3 pioneers.