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Octu Ventures operates as a member-driven venture DAO, specifically investing in teams building on Urbit. It focuses on infrastructure solutions leveraging Urbit's decentralized, peer-to-peer network, offering personal server-computer virtual machines and cryptographically verifiable digital identities. The organization supports projects that contribute to an anti-fragile, user-owned computing environment.
Co-founded by Nick Simmons and Kenny Rowe, Octu Ventures emerged from their conviction in Urbit's technical maturity. Simmons, previously Head of Community and Special Ops at Tlon Corp, and Rowe, an early Urbit builder and MakerDAO founding team member, combined their expertise in decentralized technology to form this specialized investment vehicle.
Octu Ventures targets startups developing applications and services for individuals seeking sovereign digital experiences on Urbit. Its long-term vision is to foster a thriving Urbit ecosystem, positioning it as a foundational protocol for a truly decentralized internet. By backing innovative ventures, Octu aims to empower users with greater control over their digital lives.
Octu Ventures has 1 tracked investment across 1 company. The latest tracked deal is $5.0M Seed in Zorp in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 24, 2024 | Zorp | $5.0M Seed | Delphi Ventures | Breed VC, Champion Hill Ventures, CMCC Global, Labyrinth DAO, North Island Ventures, Portal Ventures |