Deal Box announces $125M venture fund to invest in Web3

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  • Deal Box’s venture arm will invest in blockchain and web3 startups.
  • Dubbed Deal Box Ventures, the investment entity will target projects in fintech, emerging growth, real estate, funtech and social impact.
  • Thomas Carter, founder and president of Deal Box, says the fund will also provide the equipment and ecosystem startups need funding to succeed.

Deal Box, a US-based capital markets advisory platform, has launched a new venture fund that will invest $125 million in blockchain and web3 technology startup.

a Press release The token offering firm said Deal Box Ventures will look at projects across five key fund sectors – fintech, emerging growth, funtech, real estate and social impact.

,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 to succeed by simplifying and reimagining traditional financing models.said Thomas Carter, founder and president of Deal Box.

Deal Box has already invested in three major blockchain projects

According to the press release, Deal Box Ventures will make targeted strategic investments aimed at unlocking the full potential of blockchain technology. The venture fund will thus focus on supporting projects to take advantage of new technology and improve everyday life.

These goals coincide with part of Deal Box’s Web3 investments in three key projects whose technology looks to solve device identification issues.

Total Network Services is a platform offering UCID (Universal Communication Identifier), the world’s first blockchain-enabled supply chain security service. Deal Box has also invested in Rypplzz, a project that harnesses the benefits of blockchain technology to link digital and physical goods. Meanwhile, forward-edge AI aims to use artificial intelligence (AI) to improve human life.

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