Fund Established by Stanford Alumni for Investment in Innovative Blockchain and Cryptocurrency Ventures Announces $28 Million Closure
Blockchain Builders, a Venture Fund Led by Stanford Graduates, Successfully Closes Oversubscribed $28 Million Fund I
Blockchain Builders, a venture fund that specializes in pre-seed and seed-stage crypto projects, has successfully closed its oversubscribed $28 million Fund I. This fund will be utilized to invest in pioneering crypto projects originating from Stanford University, as well as exceptional founders from other top institutions.
The fund will also support the incubation of frontier Web3 startups. Led by experienced builders and operators, Blockchain Builders aims to offer capital investments, hands-on support, and mentoring to ensure these projects reach a global audience.
Kun Peng, a co-founder of Blockchain Builders, stated on the fund's launch: "Blockchain Builders was born from our firsthand experience scaling the Stanford blockchain ecosystem."
To date, over $16 million from the raised capital has been deployed to more than 40 blockchain ventures across various sectors, including AI, Infrastructure, DeFi, DePIN, Payments, and Real-World Asset (RWA) tokenization. The remaining capital will be distributed to numerous projects preparing for Token Generation Events by the end of 2025.
Notable portfolio companies set to benefit from capital raises include 0G, Nexus Labs, Hyperbolic, and Pod.
Gil Rosen, another co-founder, emphasized the importance of the fund's connections to Stanford students and the focus on funding top crypto projects: "Our deep Stanford ties give us early access to high-potential founders who value our hands-on approach."
Apart from Blockchain Builders Fund, the Stanford graduate team has also been instrumental in various initiatives, such as Stanford's Blockchain Accelerator, BASS conference series, MS&E 447, and strategic partnerships with leading academic institutions.
In the future, Blockchain Builders plans to launch Fund II, expanding its reach beyond Stanford to other leading academic institutions like Carnegie Mellon, Princeton, and Yale. The fund's strategy revolves around a hands-on approach, offering strategic support and early access to high-potential founders. Many of its portfolio companies are preparing for Token Generation Events, a crucial fundraising mechanism for blockchain ventures.
- Blockchain Builders' Fund I, specializing in crypto projects, has successfully closed at $28 million, earmarked for investing in Stanford-originating projects and exceptional founders from top universities.
- The fund will provide support for the incubation of frontier Web3 startups, offering capital investments, hands-on support, and mentoring to ensure global presence.
- Kun Peng, co-founder of Blockchain Builders, revealed the fund's origins stem from scaling the Stanford blockchain ecosystem during its launch.
- Over $16 million from the raised capital has already been deployed to more than 40 blockchain ventures across sectors like AI, Infrastructure, DeFi, and Real-World Asset (RWA) tokenization.
- Notable portfolio companies benefiting from capital raises include 0G, Nexus Labs, Hyperbolic, and Pod, setting them up for Token Generation Events.
- With a focus on strong connections to Stanford students and funding top crypto projects, Blockchain Builders aims to expand its reach beyond Stanford to other leading academic institutions like Carnegie Mellon, Princeton, and Yale in the future.
