Red Beard Ventures Raised $25M Funding Round

Red Beard Ventures Raised $25M Funding Round

Red Beard Ventures successfully closed a $25 million funding round with significant backing from prominent web3 players, according to a first report from CoinDesk

The Deets

  • Backers include a16z's Marc Andreessen and Chris Dixon, Animoca Brands, and SuperRare
  • Funds will accelerate web3 adoption and the launch of a tokenomics accelerator, Denarii Labs
  • The accelerator program is now accepting applications for its inaugural cohort
  • Each selected company will receive $100,000 to build its brand

📊 By the Numbers

Since its inception, Red Beard Ventures has invested in 192 companies, deploying over $40 million in capital. 

ğŸŽ¤ Founder Feedback

I'm a collector, I'm a builder, and the fun thing is that I get to like see this space from so many different anglesDrew Austin, Founder and Managing Partner, Red Beard Ventures to CoinDesk

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