Company attributes
Venture Capital Firm attributes
Other attributes
Established in 2017, Scytale Ventures is an investment firm that prefers to invest in companies operating in the data, finance, energy, asset management, legal technology, life science, healthcare, infrastructure, hardware, and internet of things sectors. Scytale Ventures is a team of investment management experts, blockchain technology experts, and entrepreneurs focusing on blockchain technology and accompanied Web3 technologies.
Horizon fund I invested in Polkadot, a company offering solutions to issues affecting blockchain technology; Energy Web Foundation, a consortium of SMEs and corporations in the energy industry; and Ocean Protocol, a company creating a platform for the purchase and sale of data.
This fund will target ventures focused on user adoption. The company's target sectors experiencing user adoption include energy, protocol/supporting infrastructure, biotech/pharma, data, healthcare, hardware/IoT, digital identity, legal tech, finance, and asset management. Scytale has a limited number of seed stage to Series A investments of $500k to $2 million (USD) per company from a $50 - $75 million total fund. There is a case-by-base combination of equity/token. Blockchain ventures gets access to Polkadot/Web3 and other ecosystem relationships.
