The Biggest Investors in Web 3 Projects Right Now

Web 3.0 is often referred to as the next big step in the evolution of the internet. While Web 1.0 was the first and original iteration of the internet, prent in the 1990s and early 2000s. The current version of the internet (Web 2.0) is the text and picture-heavy version of the web that we are familiar with. Web 3.0 is currently a work in progress and is envisaged as a decentralized and open internet experience, offering far greater utility for users. Some of the most defining features of Web 3.0 are trustlessness and permissionless, decentralization, AI, and machine learning.

Web 3.0 is more than a buzzword and has seen considerable interest from investors, with some pumping billions of dollars into the Web 3.0 eco. According to data from Emergen research, the Web 3.0 market reached a staggering $3.2 billion in 2021 and is expected to register a compound annual growth rate of nearly 45% and reach $81.5 billion by 2030. Clearly, this is a high level of growth, so who are the most prominent investors in the Web 3.0 eco? Read on to find out.

Biggest Investors In Web 3.0 Projects

a16z Andreessen Horowitz

a16z was established in 2009 by Mark Andreessen and Ben Horowitz and is one of the most prominent venture capital funds that invest in the crypto space and Web 3.0 startups. The firm recently announced a new $4.5 billion funding round, bringing the total funds raised in 2022 to $7.6 billion. It also participated in a recent $40 million seed round for CreatorDAO, along with a host of other investors. a16z has made several prominent investments in several projects, such as Protocol Labs, Ava Labs, Maker, Alchemy, Sky Mavis, dYdX, and a host of others.

Paradigm

Paradigm is one of the leading venture capital firms in the Web 3.0 eco. The firm has made investments ranging from $1 million to $100 million in the crypto and Web 3.0 space. Paradigm takes a flexible, long-term, multi-stage approach to the firms it invests in, often getting involved at the earliest stages of the organization, supporting it with additional capital over time. Its most recent investments include Chainalysis and Fireblocks.

Pantera Capital

Pantera Capital is a US-based institutional asset manager focusing exclusively on blockchain technology and Web 3.0. The firm started prioritizing investments in the crypto space back in 2013, going on to establish itself as one of the leading VCs in the space, focusing exclusively on blockchain infrastructure, cryptocurrencies, and Web 3.0 projects. Pantera Capital’s co-CIO is also the co-founder of Augur. The asset manager recently announced that it was investing in the NEAR-based Web 3.0 wallet, Sender.

Blockchain Capital

Blockchain Capital was founded in 2013 and has, since its inception, made over 125 major investments in companies and protocols spread across the crypto and Web 3.0 eco. The team at Blockchain Capital comprises the earliest investors in the blockchain space, bringing significant industry knowledge. With its long and storied history, Blockchain Capital has invested through multiple bear markets and tried out a host of business models, helping it develop one of the longest proven track records to date.

Multicoin Capital

Multicoin Capital relies on a thesis-driven approach to invest in the crypto space, an approach that has helped it carve a niche for itself in the burgeoning industry. The firm manages a hedge fund and a venture fund and invests across public and private markets. It is also known for pioneering token economic models and valuation methodologies. Multicoin Capital actively participates in networks through different avenues such as staking, keeper operations, liquidations, and more. Currently, the firm manages capital on behalf of well-known venture capital funds, family offices, institutions, and high-net-worth individuals.

In Closing

The investors listed above are only a few of the many investors investing in Web 3.0. However, it is no secret that VCs are investing significant capital into Web 3.0 as the eco grows. With the eco set to grow over the next couple of years, we will see even more funds exploring Web 3.0 and looking to invest in associated projects.