New Form Capital

New Form Capital is a New York-based early-stage venture capital firm dedicated to investing at the nexus of blockchain technology and financial markets. Established by Managing Partners Alex D. and Ben K., the firm targets innovative startups that are leveraging decentralized technologies to reshape or augment traditional financial services. Their investment thesis spans a range of areas within the digital asset ecosystem, including decentralized finance (DeFi), Web3 infrastructure, and other applications that bridge the gap between blockchain and capital markets.

The firm has progressively grown its capital base, successfully raising two distinct funds to date. Their initial vehicle, New Form Capital Fund I, closed in 2019 with $10 million in committed capital. Building on this foundation, they launched New Form Capital Fund II in 2021, which secured an additional $20 million. This brings their total assets under management across both funds to $30 million, demonstrating a steady expansion of their capacity to support emerging companies in the blockchain space.

New Form Capital primarily focuses on providing crucial early-stage funding to promising ventures. Their typical first check sizes for these nascent blockchain and crypto startups range from $250,000 to $1 million. This strategic investment approach allows them to partner with founders at critical inflection points, providing not just capital but also strategic guidance and network access. With a portfolio that includes over 20 investments, the firm actively seeks to identify and nurture companies poised to drive the next wave of innovation in the decentralized financial landscape.