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RW3 Ventures

North America, New York, United States, New York

Description

RW3 Ventures is a New York-based venture capital firm specializing in the burgeoning intersection of blockchain technology and traditional finance. Co-founded by Pete R. Najarian and David S. Nage, the firm leverages its partners' extensive experience across both sectors. Najarian, formerly CFO of Coinbase and a Partner at Andreessen Horowitz, brings deep insights into the crypto ecosystem's operational and investment landscapes. Nage, with a background rooted in digital asset investment at Arca, complements this with a strong understanding of market dynamics and emerging protocols. This combined expertise positions RW3 Ventures as a strategic partner for companies navigating the complex convergence of these two powerful industries.

The firm's investment thesis is sharply focused on building the foundational infrastructure, innovative applications, and critical protocols that will underpin the future of digital assets. This includes areas such as decentralized finance (DeFi), Web3 infrastructure, and other technologies facilitating the seamless integration of digital assets into mainstream financial systems. RW3 Ventures seeks out early-stage companies, typically at the Seed or Series A stage, that are developing solutions to bridge the gap between nascent blockchain capabilities and established financial paradigms. Their strategic approach aims to identify and nurture ventures poised to drive significant transformation in how value is created, exchanged, and managed in a tokenized economy.

In 2022, RW3 Ventures successfully closed its inaugural fund, RW3 Ventures Fund I, LP, raising $60 million to deploy into its targeted sectors. This fund size enables the firm to make meaningful early-stage investments while also reserving capital for follow-on rounds in promising portfolio companies. While specific check sizes can vary based on the stage and needs of the company, RW3 Ventures typically deploys initial capital ranging from approximately $1,000,000 to $7,000,000. This range allows them to participate in both seed-stage rounds requiring foundational capital and more substantial Series A rounds that demand greater financial backing for scaling operations. Their commitment to this niche reflects a belief in the long-term potential of digital assets to reshape global finance.

Investor Profile

RW3 Ventures has backed more than 29 startups, with 4 new investments in the last 12 months alone. The firm has led 9 rounds, about 31% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada, South Korea.
  • Strong thematic focus on Blockchain, Software, Gaming.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $7M.

Stage Focus

  • Seed (48%)
  • Series A (21%)
  • Series Unknown (21%)
  • Pre Seed (7%)
  • Undisclosed (3%)

Country Focus

  • United States (66%)
  • Canada (10%)
  • South Korea (7%)
  • United Arab Emirates (3%)
  • Germany (3%)

Industry Focus

  • Blockchain
  • Software
  • Gaming
  • Cryptocurrency
  • Web3
  • Financial Services
  • Fintech
  • Ethereum
  • Iaas
  • Paas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does RW3 Ventures frequently co-invest with?

Jump Crypto
North America, Illinois, United States, Chicago
Co-Investments: 2
Sfermion
North America, Illinois, United States, Chicago
Co-Investments: 3
Hash3
North America, Florida, United States, Miami
Co-Investments: 4
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 2
Alliance DAO
North America, Illinois, United States, Chicago
Co-Investments: 2
Raptor Group
North America, Massachusetts, United States, Boston
Co-Investments: 6
LightShed Ventures
North America, New York, United States, New York
Co-Investments: 2
Republic capital
North America, New York, United States, New York
Co-Investments: 3
BF
North America, New York, United States, New York
Co-Investments: 3
Castle Island Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 3

Which angels does RW3 Ventures often collaborate with?

Stephen Richardson
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
Casper Johansen
Asia, Singapore
Shared Deals: 1
Matthew Tan
Asia, Kuala Lumpur, Malaysia, Kuala Lumpur
Shared Deals: 1
BJ
North America, California, United States, Los Angeles
Shared Deals: 1
GB
North America, California, United States, San Francisco
Shared Deals: 1
HK
North America, New York, United States, New York
Shared Deals: 1
Alex Svanevik
Asia, Singapore
Shared Deals: 1
JN
North America, California, United States, Los Angeles
Shared Deals: 1
JK
North America, California, United States, San Francisco
Shared Deals: 1
JG
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by RW3 Ventures?

Nirvana Labs

Los Angeles, California, United States

Nirvana Labs offers cloud solutions designed for blockchain infrastructure and services.

BlockchainEthereumIaaSPaaSSoftware
SeedMay 12, 2025
Amount Raised: $6,000,000
Titan Content

Seoul, Seoul-t'ukpyolsi, South Korea

Titan Content is a music company that fuses Web3, metaverse, and AI innovations with conventional Kpop music business models and content.

Media and EntertainmentMusicWeb3
Series AApr 2, 2025
Amount Raised: $12,907,911

Walrus is a decentralized storage network that stores and delivers raw data and media files like videos, images, and PDFs.

Developer ToolsProduct DesignVideo Streaming
UndisclosedMar 20, 2025
Amount Raised: $140,000,000
Blockcast

Berkeley, California, United States

Blockcast is a next-generation content delivery network that utilizes one-to-many distribution to save costs.

Content Delivery NetworkMarketplaceTelecommunications
SeedOct 14, 2024
Amount Raised: $2,850,000
Nirvana Labs

Los Angeles, California, United States

Nirvana Labs offers cloud solutions designed for blockchain infrastructure and services.

BlockchainEthereumIaaSPaaSSoftware
SeedJul 19, 2024
Amount Raised: $4,000,000
Avail

Dubai, Dubai, United Arab Emirates

Avail is a team of innovators dedicated to transforming the blockchain world.

Blockchain
Series AJun 4, 2024
Amount Raised: $43,000,000
Nirvana Labs

Los Angeles, California, United States

Nirvana Labs offers cloud solutions designed for blockchain infrastructure and services.

BlockchainEthereumIaaSPaaSSoftware
SeedMar 7, 2024

Tap Protocol is a protocol that focuses on the development of bitcoin capabilities through the Ordinals system.

BitcoinCryptocurrencyDeveloper Platform
SeedDec 16, 2023
Amount Raised: $4,200,000
Titan Content

Seoul, Seoul-t'ukpyolsi, South Korea

The world’s premier multinational K-pop powerhouse company with innovative tech.

MusicWeb3
SeedNov 30, 2023
Bazooka Tango

San Mateo, California, United States

Bazooka Tango is a mobile gaming company that creates blockchain multiplayer online tactical card games.

BlockchainGamingOnline Games
Series ANov 17, 2023
Amount Raised: $5,000,000