October 2nd, 2024, Grand Cayman: Nibiru Ventures, the strategic venture arm of the Nibiru Foundation, is dedicated to supporting blockchain projects building natively in the Nibiru ecosystem. Through funding and guidance, Nibiru Ventures will cultivate the next generation of builders and help bring their application visions to market.
Capital introductions and commitments have emerged as the most commonly requested resources from founders building applications. Nibiru Ventures aims to provide upfront funding and broad support to accelerate the journey of ecosystem dApp founders. The team also offers guidance on entity formation, pitching, fundraising, go-to-market strategy, and technical assistance to ensure alignment with Nibiru.
Nibiru Ventures Investment Strategy
Nibiru Ventures focuses on supporting consumer-facing applications that drive meaningful interest and engagement. The venture arm prioritizes investments in pre-seed and seed-stage rounds with a shorter time-to-market. Key areas of focus include decentralized exchanges (DEXs), lending, derivatives, and vaults for structured products.
One of Nibiru Ventures' significant investments was made in LayerBank, a decentralized multi-chain lending platform with $675+ million USD in total value locked (TVL). LayerBank will introduce cross-chain lending functionality in Q4 2024, consolidating liquidity across various Layer 2s into a unified pool.
Projects interested in funding from Nibiru Ventures can apply through the application form, gaining the opportunity to join a carefully curated portfolio. Nibiru Ventures seeks to partner with forward-thinking founders and teams to drive growth in Web3.
About Nibiru
Nibiru Chain is a smart contract ecosystem with a high-performance, EVM-equivalent execution layer. The blockchain is engineered to meet the demand for versatile, scalable, and easy-to-use Web3 applications. Backed by investors such as NGC Ventures, HashKey Capital, Kraken Ventures, and Tribe Capital, Nibiru has secured $20.5 million in strategic and seed funding rounds.
Contact Nibiru Chain at media@nibiru.org
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