OpenSea
228 Park Avenue South, #22014, New York, NY, 10003, United States
Overview
OpenSea Ventures is an investment arm that focuses on supporting founders in the open Web3 space. It invests across four main themes: multichain assets, NFT DeFi protocols, gaming projects, and NFT analytics.
- Total investments
- 17
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Web3
Investment portfolio
- Demox Labs
Participated · Seed · Jun 2023
Demox Labs develops zero-knowledge blockchain infrastructure and privacy tools to increase adoption of ZK technology among individuals and enterprises. The company launched its first public product, Leo Wallet, in spring 2023 — a privacy-focused wallet for the Aleo blockchain that allows browser-based interactions with programmable zero-knowledge blockchains. Led by CEO Barron Caster, Demox provides developer-facing solutions to enable innovative products on zero-knowledge chains. The company plans to use new funding to build enterprise ZK infrastructure, deploy privacy-based frameworks for developers, and advance Leo Wallet’s privacy technology and cross-chain interoperability. Financially, Demox completed a $4.5M Pre-Seed round to support these initiatives.
- LayerZero Labs
Participated · Series B · Apr 2023
LayerZero Labs is the creator of LayerZero, an interoperability protocol designed to eliminate liquidity fragmentation by allowing cryptocurrencies, stablecoins, and other digital assets to move natively between blockchains. The company’s Omnichain Fungible Token (OFT) standard underpins blockchain-agnostic assets such as USDt0, a version of Tether’s USDT that has reportedly transferred more than $70 billion across networks in under a year. By guaranteeing fungibility across chains, LayerZero gives developers confidence that capital will not be trapped on a single network, expanding use cases for decentralized finance. The same infrastructure also supports more experimental concepts like AI agents that autonomously manage wallets and payments—what Tether calls “agentic finance.” Recent deployments by Everdawn Labs and the launch of tokenized gold asset XAUt0 further showcase the protocol’s real-world traction. LayerZero’s ZRO governance token reacted to the latest investment news with brief gains, reflecting market interest in the project.
- Daylight
Participated · Seed · Dec 2022
Daylight offers an API that aggregates all Web3 perks a user qualifies for by analyzing their wallet address, enabling actions like minting derivative NFTs, claiming airdrops, and accessing token-gated experiences. Wallet apps and NFT marketplaces use the API to surface user entitlements, boosting acquisition, retention, and engagement, while community tools use it to distribute allow-listed mints, claims, or unlocks. The API aggregates abilities by indexing on-chain data, integrating community tools such as POAP, Snapshot, and Guild, and accepting submissions from Daylight Scouts, a community that hunts for abilities across the Web3 ecosystem. The company demonstrated its API with a consumer web app launched in October, attracting around 14,000 closed beta users and a waitlist of 15,000. Led by CEO Kyle McCollom, Daylight plans to use the new funding to further customize its API for wallet app customers and to grow the Scout community. Daylight was founded in April 2022.
- Courtyard
Participated · Seed · Nov 2022
Courtyard operates a physically-backed NFT platform called Connected Collectibles that pairs NFTs with authenticated, insured physical assets stored in Brink’s-operated vaults. The company’s blockchain infrastructure allows physical collectibles to be owned and traded as non-fungible tokens, with each NFT including a custom 3D rendering to display the asset digitally. When a customer purchases a physical asset through Courtyard, the corresponding item is authenticated, insured and stored; the NFT serves as a digital voucher for proof of ownership and can be redeemed for the physical asset. Courtyard has partnered with Brink’s to provide secure logistics and vault storage to ensure security and accountability for stored assets. Led by CEO Nicolas le Jeune, the company plans to use new funding to fuel product development, hiring, and expansion within its target market. No operating metrics were disclosed in the article.
- Lasso Labs
Participated · Equity · Oct 2022
Lasso Labs provides a data platform that discovers and creates utility for digital assets such as NFTs. Its platform ingests real-time data from on-chain and off-chain sources, including social media APIs and websites, automatically tags instances of utility, and populates a utility registry with structured records. Once verified, these records are visible to people using Lasso. The company is launching an invite-only beta for a discovery product that gives users a real-time view of access, offers, rights and other opportunities tied to specific NFTs. Lasso announced it raised $4.2M in initial funding and intends to use the proceeds to accelerate growth and expand operations. The company is based in San Mateo, California.
Team
No current team members are available.