Dutch investment firm Maven 11 Capital is made up of a diverse group of blockchain-focused entrepreneurs, investors, and developers that are seeking for the next big thing in crypto.
Maven 11 Capital, a digital asset investment business, has launched a $120 million capital round for Venture Fund II, its private investment arm, in a move that would expand the firm’s financial presence across developing areas such as decentralized finance (DeFi) and Web 3.0. The investment round follows a successful $40 million first round in June of this year.
Maven 11 Capital, which was founded in May 2017, has invested in 27 startups that are only focused on DeFi and Web 3.0. In July and November 2021, the company was the lead investor in private seed rounds for data oracle service RedStone and metaverse stack business Odyssey, respectively.
Maven 11’s investing approach is mostly focused on spotting new technologies. As a result, the business has invested in a variety of initiatives, including Bitcoin and Ether, as well as Aave , Uniswap, and Yearn Finance , as well as more speculative stakes in OlympusDAO, Nym Tech, and Arweave, among others.
So we did a thing…. It’s probably nothing. But in all seriousness, this whole team of #DeFi degens and #Web3 minded people is super stoked to continue supporting our current and new ventures in the craziest and most exciting space there is. WAGMI https://t.co/WON2sw1Ibr— Maven 11 Capital (@Maven11Capital) December 2, 2021
Maven 11’s venture fund demonstrates a rising investor interest in spotting and investing in new blockchain and cryptocurrency opportunities. The firm would invest in potential blockchain bets as well as trade crypto assets.