MoonPay launches venture arm to invest in web3 infra, gaming and fintech
https://techcrunch.com/2023/08/29/moonpay-launches-venture-arm-to-invest-in-web3-infra-gaming-and-fintech/
Web3 infrastructure firm MoonPay has launched an investment arm that will focus on early-stage startups in web3, gaming, and adjacent fintech categories, TechCrunch has exclusively learned.
The investment arm, dubbed MoonPay Ventures, will mainly invest between $100,000 to $1 million, targeting seed and Series A rounds. It has already invested in over 25 companies, including BCB Group, Ledger, BRUT, BeatClub, absolute labs, Create/OS, BridgeTower Capital and Mythical Games, according to Abhay Mavalankar, VP of corporate development and investments at MoonPay.