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Supernova Fund operates as a venture firm cultivating innovation within the Web3 ecosystem. It targets decentralized autonomous organizations (DAOs), social tokens, DeFi derivatives, and novel non-fungible token (NFT) applications. The firm employs an independent research and development lab, actively supporting decentralized finance projects since early 2020, identifying and nurturing emerging opportunities in these digital asset sectors.
Supernova Fund emerged in 2021, established from the insight that the nascent crypto space required dedicated expertise and support for significant growth. Its inception was driven by recognizing the potential for a shockwave-like expansion within the digital asset landscape, understanding the necessity of specialized venture capital to catalyze new, impactful DeFi and Web3 ventures.
Supernova Fund primarily serves early-stage projects and developers building the next generation of decentralized applications and protocols. Its overarching vision is to propel the crypto space forward, aiming to generate an expanding impact that stimulates innovative "DeFi stars." The firm's long-term objective is to contribute to a robust future for Web3.
SuperNova Fund has 1 tracked investment across 1 company. The latest tracked deal is $2.5M Seed in NearPad in August 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 6, 2021 | NearPad | $2.5M Seed | — | Arkn, Ellipti, Flow Ventures, Genblock Capital, LD Capital, NEAR Foundation, NGC Ventures, OWC |