Back
Archetype Secures $100 Million for Third Early-Stage Blockchain Fund

Archetype Secures $100 Million for Third Early-Stage Blockchain Fund

Archetype’s third fund closes at $100 million, focusing on seed-stage blockchain investments, following prior raises of $55M and $155M in earlier funds.

Fact Check
The statement is corroborated by multiple credible sources (Fortune, Business Wire, etc.), all of which confirm that the venture firm Archetype has successfully closed its third early-stage crypto/blockchain fund, raising $100 million.
    Reference: 123
Summary

Archetype, a crypto venture capital firm, has closed its third fund at $100 million, focusing on early-stage blockchain seed investments. The firm previously raised $55 million in 2021 and $155 million in 2022. This smaller fund includes only one new limited partner, with a selective investment approach. Upcoming investments will target consumer-oriented blockchain companies, including Remix, a crypto-AI integrated mobile game creation app.

Terms & Concepts
  • Seed-Stage Investment: Funding provided to early-stage companies to support initial development and growth, typically before they generate significant revenue.
  • Limited Partner (LP): An investor in a venture capital or private equity fund who contributes capital but has limited liability and is not involved in day-to-day management.
  • Blockchain: A decentralized, distributed ledger technology that records transactions securely and transparently across a network of computers.