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§ Venture Capital · Atlanta
Venture capital fund investing in emerging blockchain infrastructure, applications, and payments across the Algorand tech stack.
Algo Capital operates as a specialized financial institution, focusing on accelerating the adoption and liquidity of the Algo, the native digital currency of the Algorand blockchain. The firm manages the Algo VC Fund, a venture capital vehicle dedicated to investing in category-leading businesses that leverage and build upon the Algorand technology platform. This fund strategically invests across the Algorand tech stack, encompassing protocol, infrastructure, and application layers, while building modern financial products to support the ecosystem.
The firm was founded and is led by a team of blockchain veterans including David Garcia, a seasoned blockchain investor, Arul Murugan, an accomplished entrepreneur and venture capitalist, and Pablo Yabo, an expert in blockchain technology. Their insight centered on the significant potential of the Algorand blockchain and its native currency, leading them to establish a dedicated fund to foster its borderless economy and drive widespread utility.
Algo Capital's product caters to experienced financial and blockchain industry investors seeking exposure to the Algorand ecosystem, as well as early-stage companies developing applications and infrastructure on the platform. The firm's long-term vision is to accelerate the use and acceptance of the Algo as a primary means of payment, thereby contributing to the growth and investment within Algorand's borderless economy and bringing new users into the network.
Algo VC has 1 tracked investment across 1 company. The latest tracked deal is $14.0M Series A in Securitize in August 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2019 | Securitize | $14.0M Series A | — | Blockchain Capital, Blockchain.com Ventures, BMW I Ventures, DCM, Eniac Ventures, FJ Labs, Future Perfect Ventures, Mouro Capital, OAK HC/FT, Pantera Capital, Paradigm, RED Swan Ventures, Sequoia Capital China, Stillmark, TWO Sigma Ventures, Brock Pierce, Sean Bill, 31 Ventures, 4Founders Capital, Fenbushi Capital, KDDI, Kenetic Capital, MUFG Innovation Partners, Nomura, SPiCE VC, Tezos Foundation |