Zions Venture Fund
874 S Grove St, Ypsilanti, MI, 48198, United States
Overview
Zion Ventures focused on investing in critical supply chain businesses that support the industrial hemp and cannabis industry, which improves the cultivation, manufacturing, and distribution of industrial hemp and cannabis products within the United States of America and abroad.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Manufacturing
- Supply Chain Management
Investment portfolio
- Pharos
Participated · Seed · Nov 2024
Pharos is building an "asset-native" layer 1 blockchain intended to support tokenized real-world assets such as bonds, energy projects and private credit. The network emphasizes parallel processing and compliance features aimed at handling regulated financial activity at scale. Pharos targets a market it values at $50 trillion and cites growth in on-chain real-world assets, which it noted totalled $24.3 billion. The project reports millions of users and unique addresses on its testnet and has partnerships, including with energy firm GCL for solar-backed assets. Financially, Pharos recently raised $44 million in a Series A and previously raised $8 million in a seed round, and a prior investment from GCL New Energy placed a near-$1 billion valuation on the firm. The company expects to debut its mainnet in the near future.
- CometChat
Led · Debt Financing · Apr 2023
CometChat offers an in-app communication platform and an AI agent platform built on six years of production-grade communication infrastructure. Its CometChat AI product aims to let businesses build and deploy conversational agents without specialized AI expertise, featuring capabilities such as proactive outbound intelligence, multi-agent orchestration, and a customer intelligence layer. The company has been piloting the AI platform with enterprise customers and plans to target high-transaction verticals including wellness & beauty, home services, e-commerce, and hospitality & food service. CometChat is focused on scaling AI deployments, expanding go-to-market efforts, and building vertical leadership over the next 12–18 months. Financially, the company has raised $21.1 million to date and was recently featured on Forbes' 2026 list of the Top 500 American Startup Employers.
Team
No current team members are available.