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Bessemer Invests $250 Million in NFT, DAOs, and Metaverses

Bessemer Invests $250 Million in NFT, DAOs, and Metaverses

San Francisco–based Bessemer Venture Partners has created a $250 million fund to invest in decentralized technology projects.

In a roadmap focused on crypto infrastructure, DeFi, and Web 3.0, the following areas are outlined:

  • digital collectibles;
  • creative economy;
  • decentralized applications;
  • DAO;
  • gaming;
  • marketplaces;
  • metaverses;
  • centralized exchanges;
  • wallets;
  • layer-one and layer-two protocols.

The company has also launched BessemerDAO — a tool for engaging with the community, including Web3 developers and entrepreneurs.

Earlier, the fintech platform Cake DeFi launched a $100 million venture fund to invest in startups in Web 3.0, metaverses, NFTs and gaming.

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