August 08, 2024
Earlier this year, the firm successfully raised $2M in a seed funding round, achieving a $15M post-money valuation with contributions from multiple angel investors and leading web3 communities. BasedVC is now closing its strategic round at a $25M post-money valuation, with participation from major brands, influencers, and web3 angel investors like Mario Nawfal (IBC Group), Crypto Banter, Ashcrypto, and Kmanu.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Category |
|---|---|---|---|---|---|
BasedVC | $2M | August 8, 2024 | Seed Round | $2M | Investment |
BasedVC's unique value proposition is its decentralized venture capital investment platform, enabling users to invest alongside top venture funds such as a16z, Coinbase Ventures, and Animoca Brands. The company has invested in web3 projects like Heros of Mavia, Shrapnel, Gunzilla Games, Portal, Tatsumeeko, and Chrono Forge, with average investments ranging from $500,000 to $1.5M.
BasedVC's approach allows it to become an official investment partner for high-caliber NFT communities like Neo Tokyo, Bored Ape Yacht Club, and Cyberkongz. The firm is now focused on scaling its SaaS investment platform and preparing for its native cryptocurrency token launch later this year.
About BasedVC
BasedVC is a decentralized venture capital investment platform that democratizes access to early-stage investments in promising blockchain projects. The firm allows users to invest alongside top venture funds like a16z, Coinbase Ventures, and Animoca Brands. BasedVC has invested in various web3 projects, including Heroes of Mavia, Shrapnel, and Gunzilla Games, with average investments ranging from $500,000 to $1.5 million. The platform emphasizes transparency and user-friendly management of investments through its cutting-edge on-chain technology. BasedVC is currently scaling its SaaS investment platform and preparing for the launch of its native cryptocurrency token later this year.
Website: https://basedvc.fund/
About Investor
This round includes investment from major brands, influencers, and web3 angel investors, including Mario Nawfal (IBC Group), Crypto Banter, Ashcrypto, and Kmanu.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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