North Island Ventures

North Island Ventures (NIV), founded in 2020 by Travis Scher, James Hutchins, and Glenn Hutchins, is a New York-based venture capital firm focused on investing in the crypto and Web3 space. NIV has approximately $300 million in assets under management and targets early-stage investments in companies developing innovative blockchain technologies and applications. Their portfolio includes notable investments in companies such as Axelar, BCB Group, Dapper Labs, Flow, ImmuneFi, and Polymer Labs. NIV's investment strategy centers on supporting emerging technologies that can create new applications and experiences, leveraging the unique capabilities of blockchain and crypto. NIV recently closed its second fund, NIV Fund II, with $125 million in commitments, aiming to make 30 to 40 investments with initial investments ranging from $250,000 to $3 million. The fund focuses on sectors like DeFi, NFTs, digital identity, blockchain cybersecurity, cross-chain interoperability, and decentralized science.