- Deal Box’s venture arm invests in blockchain and Web3 startups.
- The investment unit, called Deal Box Ventures, targets fintech, emerging growth, real estate, funtech and social impact projects.
- Deal Box founder and chairman Thomas Carter says the fund will also provide startups with the tools and funding ecosystem they need to succeed.
US-based capital markets advisory platform Dealbox has launched a new venture fund investing $125 million in blockchain and Web3 technology startups.
Ah Press release Token offering firm Deal Box Ventures said it would consider projects across five major fund areas: fintech, emerging growth, funtech, real estate and social impact.
“Deal Box Ventures is a significant milestone in our journey to invest in the most promising and disruptive blockchain startups, by simplifying and reimagining traditional funding models, we have what it takes to succeed. We provide you with powerful tools and a fundraising ecosystem.said Thomas Carter, Founder and Chairman of Deal Box.
Deal Box has already invested in three major blockchain projects
According to a press release, Deal Box Ventures targets strategic investments aimed at unlocking the full potential of blockchain technology. Venture funds will therefore focus on supporting projects that leverage new technologies to reshape and improve everyday life.
These goals tie in with some of Web3’s investments in Deal Box’s three major projects, whose technology seeks to solve the problem of device identity.
Total Network Services is a platform that provides UCID (Universal Communication Identifier), the world’s first blockchain-enabled supply chain security service. Deal Box has also invested in Rypplzz, a project that uses the benefits of blockchain technology to connect digital and physical objects. Forward-Edge AI, on the other hand, aims to improve human life using artificial intelligence (AI).