Algorand Foundation
Investment Details
Investor Type
Charitable Foundation
Asset Class Focus
Crypto
Stage Focus
Seed, Early Stage, Growth, Late Stage, Pre-IPO, Buyout, Turnaround, Distressed
Geographical Focus
United States, United Kingdom, Canada, Germany, Japan, Australia, Singapore, France, Denmark, Switzerland, Luxembourg, South Korea, Ireland, Austria, Netherlands, New Zealand, Sweden, Belgium, Norway, Finland
Industries Focus
- Financial Services
- Technology
- Healthcare
- Real Estate
- Media
- Retail
- Software
- Education
- FinTech
- Cryptocurrency
- Blockchain
- Gaming
- Entertainment
- DeFi
- Supply Chain
Investment Size:
1,000,000 to 50,000,000 USD
Investor Details Founded: 2019
The Algorand Foundation is a non-profit organization dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol. Established in 2019 and headquartered in Singapore, the Foundation focuses on supporting the development and growth of the Algorand blockchain ecosystem. Its mission includes providing a best-in-class developer environment, supporting key infrastructure, setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the framework for decentralized governance.
The Foundation has made 56 investments, with its most recent investment on November 11, 2024, when Astrix raised a new funding round. The Foundation has also made 10 diversity investments, with its most recent diversity investment on July 6, 2024, when CoBuy raised. The Foundation's investment strategy focuses on projects in their seed stage and beyond, with an ongoing business proposition and clear product-market fit. Success is measured in terms of 'ecosystem ROI,' primarily defined by observable on-chain adoption, usage, and engagement metrics.
The Foundation has a diverse portfolio, including companies in various industries such as blockchain, cryptocurrency, financial services, technology, software, fintech, DeFi, supply chain, healthcare, education, gaming, media, entertainment, retail, and real estate. The Foundation's investments range from $1 million to $50 million, supporting the growth and innovation of the Algorand ecosystem across multiple sectors and stages of development.
Requirements
- Projects must be in their seed stage or beyond
- Ongoing business proposition
- Clear product-market fit
- Observable on-chain adoption
- Usage and engagement metrics
Contact
[Official Website Hidden]
[LinkedIn Profile Hidden]
[Email Hidden]
Portfolio Companies
- Astrix
- CoBuy
- LW3
- FilmFinance
- Automaxis
- FDP Connect
- ARVO
- Valar
Mentioned In
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$19.95
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$95.00
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$99.00
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$39.95
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$24.95
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$19.95
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$24.95
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