Announcing our investment in Filebase, the API-layer to access decentralized storage
We’re excited to announce our investment in Filebase, the first S3-compatible object storage platform powered by decentralized storage networks. They just announced their $2M seed round led by our friends at Multicoin Capital with participation by Version One. We are very bullish about decentralized storage, and this investment closely follows our recent investment in Arweave, […]
Coinbase
Today our portfolio company Coinbase went public via a direct listing. With an initial market cap of over $100b, it is one of the most valuable public listings of all times in the US. It is also the first IPO in the Version One family and hence, a special milestone for us as a fund. […]
Announcing our investment in SuperRare, the leading marketplace for crypto art
We’re excited to announce our investment in SuperRare, the leading marketplace for blockchain-based digital art known as Non-Fungible Tokens (NFTs). You’ve probably heard of NFTs given the amount of media coverage over the past few months. But for those of you not familiar with NFTs, here is a quick primer. NFTs are unique digital art […]
Announcing our investment in Arweave
We’re excited to announce our investment in Arweave, a decentralized platform that enables anyone to store documents and applications forever. While there are other decentralized storage platforms out there, Arweave is offering something completely unique…permanent storage. The protocol does this by using a novel consensus mechanism called proof of access where “miners compete to provide […]
Announcing our investment in Cap Hill Brands, a next-gen CPG company
We’re excited to announce our investment in Cap Hill Brands, a Seattle startup with the mission to build a next-generation CPG company by acquiring and operating digitally-native consumer brands. Combining the investment capital of a private equity firm and the deep operational experience of a startup accelerator, Cap Hill can lead brands to new levels […]