Alchemy Debuts New Investment Arm, Alchemy Ventures

Fazzaco learned that Alchemy, a blockchain infrastructure company, has announced the launch of Alchemy Ventures to continuously invest in the growth of the Web3 ecosystem.

According to the official press release, Alchemy Ventures is partnered with a number of Alchemy's investors. Projects the fund invests in will also have access to A16z, Pantera Capital, Coatue, Addition Ventures, Dreamers Inc., and The Chainsmokers among others. 

Additionally, the company has been quietly already helping these existing portfolio companies succeed FTX, Genies, Arbitrum, SolaceFi, XMTP, Royal.io, Matter Labs, Try Roll.

It will also provide upstart Web3 builders with access to the fund's strategic partners and Alchemy itself, founders dinners for networking, Alchemy's recruiting network, access to Alchemy's suite of products and personal access to its team. 

"We've been there from day one, helping companies like OpenSea, Dapper Labs, and 0x turn into some of the most used applications in the space," said the blog post. "As a result, we have unique insight into the things that are most helpful for early-stage companies building on blockchain."