Deal Box Introduces $125M Venture Arm to Fund Web3 Startups

  • January 24, 2023

$125 million venture arm will be used to fund Web3 startups within real estate, emerging growth, funtech, social impact, and fintech areas.

Deal Box, a capital markets advisory firm and token offering platform, has launched a $125 million fund for Web3 and blockchain startups.

According to the press release shared on January 18th, the company’s venture arm, Deal Box Ventures, is set to finance startups in five key fund areas. The key areas are real estate, funtech, fintech, emerging growth, and social impact.

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In the emerging growth area, Deal Box will be looking for “early-stage companies developing unique, leading-edge products with the potential for rapid growth.” On top of that, in the real estate marketplace, Deal Box Ventures will invest in “high-alpha commercial and residential real estate in this $8.9 trillion market.”

Moreover, in the fintech sector, Deal Box is looking to fund companies that focus on mobile applications, software, and other technologies “created to improve and automate traditional forms of finance for businesses and consumers alike.”

In the press release, Deal Box noted that it will search and invest in unique “action sports, innovative leisure, and experiential consumer products.” Lastly, for social impact, Deal Box Venture will invest in “world-changing companies with measurable impact.”

When talking about the Deal Box venture arm, the company’s founder and Chairman, Thomas Carter, stated:

Deal Box Ventures is an important milestone in our journey to invest in the most promising and disruptive blockchain startups, providing them with the tools and funding ecosystem they need to be successful by simplifying and reimagining traditional financing models.

It is worth noting that it’s not the first time Deal Box has invested in Web3 companies. In the announcement, Deal Box revealed that it previously made strategic investments into blockchain product-focused developer Total Network Services, engineering firm Rypplzz and artificial intelligence (AI) developer Forward-Edge AI.

Gile K. - Crypto Analyst

by Gile K. – Crypto Analyst, BitDegree

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