- Seed Club Ventures backs founders at the earliest stages
- Past investments include Guild, Stability AI, Lens Protocol, Coordinape and Molecule
- Seed Club says it has more than 60 members
Seed Club Ventures, has launched a $25 million fund that will invest in Internet-native organizations, according to a blog post.
The venture firm was created from Seed Club, a decentralized autonomous organization (DAO) accelerator group. The firm’s network of more than 60 investors includes Dragonfly Capital, Eniac Ventures, Multicoin Capital and SV Angel, per its website.
Seed Club Ventures backs founders at the earliest possible stages. It has made pre-seed and seed investments in a number of projects that include Guild, Stability AI, Lens Protocol, Coordinape and Molecule.
While its focus will be on DAOs, Seed Club Ventures notes that “it’s also time for web3 to evolve out of its ouroboros cocoon. While our roots are in the DAO space, we believe the core ethos and tools should be used beyond our space. There are many verticals where they can be useful, including” artificial intelligence, art/music, social, decentralized science and cities.