Description
Bloccelerate VC is a Seattle-based venture fund that backs entrepreneurs building category-defining companies using blockchain technology to reshape multi-billion dollar markets, create new value, and give rise to a self-sovereign Web 3.0 economy. Their investment thesis, 'Trust Over The Wire,' compares blockchain's paradigm-shifting potential to past infrastructure innovations like electricity, telegraph, telephone, and the internet, each of which spawned trillion-dollar corporations. The firm employs a research-driven approach to identify market trends and gaps, partners with top-tier universities to source developer talent for portfolio companies, and takes a hands-on approach working alongside its portfolio companies. Bloccelerate has raised multiple funds, including a $12M first fund and a subsequent $100M second fund, investing in enterprise blockchain adoption and other blockchain startups.