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.

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1/ Building on the future of crypto and web3, we’re excited to invest in and support founders forging the decentralized future with $𝟮𝟱𝟬𝗠 in dedicated funding. https://t.co/kjKczVabRx

— Bessemer (@BessemerVP) March 10, 2022

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.

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2/ Across our crypto and web3 roadmap, we’re focusing on these core areas: consumer apps, DeFi, web3 infrastructure, and other enabling technologies. pic.twitter.com/0rruOEl9Mt

— Bessemer (@BessemerVP) March 10, 2022

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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