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M77 Ventures operates as a specialized venture capital firm, strategically deploying capital into early-stage companies at the forefront of Web3 and blockchain technology. Based in Palo Alto, California, the firm actively identifies and supports nascent projects developing foundational infrastructure and innovative applications within the evolving decentralized web. This approach emphasizes backing teams and technologies for next-generation digital platforms.
The firm was established in 2021, emerging from the understanding that the rapid advancement and broad potential of decentralized technologies required a dedicated investment partner. This insight highlighted a clear opportunity to provide crucial early-stage support to companies building in a nascent technological landscape, reflecting a commitment to this transformative shift.
M77 Ventures primarily serves founders and development teams engaged in creating robust solutions for the decentralized internet. The firm’s overarching vision is to catalyze the proliferation of a more open and equitable digital economy by providing strategic resources and investment. It aims to empower innovators to build enduring value and shape the future of interconnected digital experiences.
M77 Ventures has 1 tracked investment across 1 company. The latest tracked deal is $7.0M Pre-Series A in Safeheron in August 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 19, 2022 | Safeheron | $7.0M Pre-Series A | Web3vision, YU Chen | FAN Zhang, Mingming ZHU, 7 O'clock Capital, Antalpha, Krypto's Fund, Primeblock Ventures, Shata Capital, Waterdrip Capital |