Hyperithm

Hyperithm, a prominent digital asset manager headquartered in Tokyo, Japan, with a significant presence in Seoul, South Korea, has firmly established itself as a key investor in the burgeoning Web3 ecosystem. Beyond its core services in quantitative trading and compliance, the firm operates a dedicated venture capital arm, Hyperithm Ventures. This division is specifically focused on identifying and nurturing promising early-stage startups within the decentralized web, encompassing areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), metaverse projects, and underlying blockchain infrastructure.

In October 2022, Hyperithm Ventures achieved a significant milestone by successfully closing its inaugural Web3 fund, raising an impressive $100 million. This substantial capital pool is strategically deployed to support innovative companies that are building the foundational technologies and applications for the next generation of the internet. The firm's investment thesis centers on backing projects with strong technical teams, clear use cases, and the potential for significant impact within the Web3 space. Their portfolio reflects a global reach, featuring notable investments in prominent projects like Polygon, The Sandbox, Mysten Labs, Aptos, and Sui, demonstrating their commitment to supporting diverse and impactful ventures.

Hyperithm Ventures typically provides first checks ranging from $100,000 to $10 million, indicating a flexible approach that can accommodate both very early-stage seed rounds and more developed Series A investments. This broad range allows them to engage with a wide spectrum of opportunities within the early-stage Web3 landscape. Leveraging their deep expertise in digital asset management and market insights, Hyperithm aims to be more than just a capital provider, offering strategic guidance and operational support to help their portfolio companies navigate the complexities of the rapidly evolving blockchain industry. Their strategic position at the intersection of traditional finance and cutting-edge decentralized technologies makes them a valuable partner for Web3 founders.