Analysis

August 5, 2022

Web3 investors: the most active seed-stage VCs in Europe

Building up your portfolio of blockchain startups is top of most VC's lists at the moment — here are the investors putting the most cash into Web3


Sophie Zhang

5 min read

The BACKED VC team

Beyond the headlines about crashing cryptocurrencies and NFTs, there are a group of Web3 investors that still think the sector has the potential to transform life as we know it. VCs invested $30bn into crypto companies last year, and investment into crypto and decentralised finance (DeFi) startups grew six times in 2021, according to Sifted Intelligence’s crypto briefing.

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An image of the team at Cherry Ventures
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An image of the team at BACKED VC
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An image of the Connect Ventures team, one of the most-active Web3 investors at seed stage in Europe
Connect Ventures team photo
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