Trending...
- City Council invites community engagement: Volunteer for Colorado Springs Boards, Commissions, and Committees
- Colorado: Governor Polis: With New Tariffs, Trump Raises Costs for Americans, Hurts Allies
- Colorado Springs: Summer Sunrise Openings on Pikes Peak – America's Mountain
They were amongst several other top-tier Web3 venture capital funds
SAN FRANCISCO - ColoradoDesk -- Crypto news outlet The Block's Digital Asset Funding Landscape report was released last week and named Shima Capital one of the most active Web3 venture capital funds in the world in 2022. Shima Capital was founded by Yida Gao (Forbes 30 Under 30) in 2021 and is swiftly approaching 200-lifetime deals.
The report highlighted ten of the Most Active Investors (MAIs) which stood out the most, listing Shima Capital alongside other luminary venture capital funds such as Animoca Brands, Jump Capital, and Big Brain Holdings. Those ten Most Active Investors accounted for 644 unique deals in 2022. Not surprisingly, all funds were more active during the first half of the year as compared to the second half. Even with market conditions what they are, Shima Capital still found themselves investing in more than 100 of the aforementioned 644 deals.
Shima Capital, active since 2021, officially introduced itself to the world in August of 2022 via its fund launch announcement in Blockworks, and was also picked up by Cointelegraph and Coindesk.
More on Colorado Desk
At the time, Yida Gao, the fund's founder and Managing General Partner, said, "We see a pocket of opportunity that's missing in the capital stack for Web3 in being the first institutional capital in the pre-seed." He continued, "We're trying to be the missing layer in Web3."
Yida Gao and his team at Shima Capital have identified several diverse verticals to invest in, ranging from decentralized finance (DeFi), regenerative finance (ReFi), blockchain gaming, cross-chain infrastructure, and applications, to name a few. Gaming holds the largest percentage amongst verticals in Shima's portfolio.
When he founded Shima Capital almost two years ago, Yida Gao's investment strategy was to back great founders. This was his philosophy throughout 2022 and there's no doubt that this will continue to be his approach in 2023 and beyond.
Although the pace of investments has slowed for Shima Capital and all other Web3 venture capital firms, the quality of investment will continue to be as high as ever for Yida Gao's growing fund.
More on Colorado Desk
Click here for more on The Block's Digital Asset Funding Landscape report.
About Shima Capital
Shima Capital is a leading early-stage VC firm investing in disruptive blockchain companies. The fund is deeply focused on taking a hands-on approach and working closely with its portfolio companies to provide the most sweat equity per dollar invested.
As teams in Web3 push the frontier of innovation, Shima helps hire talent, build community, amplify narratives, and foster the acceleration of technical research and development. Shima is composed of seasoned investors, accomplished operators, and former founders who align on a mission to support all-star teams with building and scaling generational companies. For more https://shima.capital/
The report highlighted ten of the Most Active Investors (MAIs) which stood out the most, listing Shima Capital alongside other luminary venture capital funds such as Animoca Brands, Jump Capital, and Big Brain Holdings. Those ten Most Active Investors accounted for 644 unique deals in 2022. Not surprisingly, all funds were more active during the first half of the year as compared to the second half. Even with market conditions what they are, Shima Capital still found themselves investing in more than 100 of the aforementioned 644 deals.
Shima Capital, active since 2021, officially introduced itself to the world in August of 2022 via its fund launch announcement in Blockworks, and was also picked up by Cointelegraph and Coindesk.
More on Colorado Desk
- Jones Law Firm, P.C. Empowers Denver Parents Through Expert Legal Paternity Representation
- We Did It: The Kids Wheel Is Officially Coming to Life
- Athlete Website Builder by TopFans Empowers Sports Professionals Worldwide
- Manage Fan Subscriptions Platform Empowers Creators With Direct Fan Monetization
- Music Fan Engagement Platform TopFans Launches to Empower Musicians and Artists
At the time, Yida Gao, the fund's founder and Managing General Partner, said, "We see a pocket of opportunity that's missing in the capital stack for Web3 in being the first institutional capital in the pre-seed." He continued, "We're trying to be the missing layer in Web3."
Yida Gao and his team at Shima Capital have identified several diverse verticals to invest in, ranging from decentralized finance (DeFi), regenerative finance (ReFi), blockchain gaming, cross-chain infrastructure, and applications, to name a few. Gaming holds the largest percentage amongst verticals in Shima's portfolio.
When he founded Shima Capital almost two years ago, Yida Gao's investment strategy was to back great founders. This was his philosophy throughout 2022 and there's no doubt that this will continue to be his approach in 2023 and beyond.
Although the pace of investments has slowed for Shima Capital and all other Web3 venture capital firms, the quality of investment will continue to be as high as ever for Yida Gao's growing fund.
More on Colorado Desk
- Colorado: Governor Polis Appoints Tyler K. Gibson to the Baca County Court in the 15th Judicial District
- The Citizens Commission on Human Rights Annual Purple Heart Day Event will be Hosted at the Historic Fort Harrison
- Blake Harris the Leading Authority in International Asset Protection Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- Injured at Work? Local Workers' Comp Attorneys in Grand Junction Offer Free Consultations
Click here for more on The Block's Digital Asset Funding Landscape report.
About Shima Capital
Shima Capital is a leading early-stage VC firm investing in disruptive blockchain companies. The fund is deeply focused on taking a hands-on approach and working closely with its portfolio companies to provide the most sweat equity per dollar invested.
As teams in Web3 push the frontier of innovation, Shima helps hire talent, build community, amplify narratives, and foster the acceleration of technical research and development. Shima is composed of seasoned investors, accomplished operators, and former founders who align on a mission to support all-star teams with building and scaling generational companies. For more https://shima.capital/
Source: Shima Capital
0 Comments
Latest on Colorado Desk
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Faex Health Unveils AI Powered Fiber and Supplement Detection for Smarter Gut Health Insights
- Colorado Springs parks enhance economic growth, over 20 million visitors last year
- VSURY Launches in Denver, Redefining Website Design and Development for the Modern Brand
- Colorado: Governor Polis Statement on Passing of Former Commissioner of Agriculture John Stulp
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
- Garage Door Repair Boulder Colorado: Primos Garage Doors Sets the Benchmark for Quality and Trust
- Colbert Packaging Announces WBENC Recognition
- The Loudr Agency Officially Certified as a WBE and WOSB, Marking a Milestone in Its Mission to Empower Humanity
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- Zachary Nieves: A Life of Resilience, Love, and Community Spirit
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Golden Intelligent Coin Trading Center Inc Expands Multi-Asset Trading Access
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands