Alchemy Ventures

Alchemy Ventures is the venture capital arm of Alchemy, designed to support early-stage startups building innovative products in the Web3 space. With a focus on decentralized applications, blockchain infrastructure, and tools that facilitate user adoption, the firm has made notable investments in projects like OpenSea, Dapper Labs, and 0x, among others. Their portfolio spans across sectors such as DeFi, gaming, and developer tools. The firm primarily targets Web3 ecosystems and blockchain technology with a particular interest in teams building for Ethereum, Solana, and other blockchain infrastructures. They emphasize a mission-driven approach, seeking "Web3 missionaries" who are committed to growing decentralized ecosystems. Geographically, Alchemy Ventures is globally focused, though its ecosystem is anchored heavily in the US, particularly in tech hubs like San Francisco. Their investment strategy is unique, with average check sizes ranging from $150,000 to $250,000, predominantly at pre-seed and seed stages. Alchemy Ventures often leads rounds and provides extensive operational support, from infrastructure resources to recruiting help. They prioritize teams aligned with their goal of growing Web3 and blockchain technologies and prefer a hands-on, partnership-driven approach.