Agache’s tech investment team, Aglaé Ventures, has announced a new dedicated €100 million fund focusing on Web 3 projects.
Agache has its own impressive streak when it comes to investing. Specifically, the firm has been a prolific investor in Web2. For example, Aglaé Ventures has been a firm early backer of disruptors like Airbnb, Slack, Spotify and even Netflix.
This dedicated fund also coincides with several appointments from the world of crypto. These appointments include CoinFund’s Vannessa Grellet and Jordan Lazaro Gustave from Aave. Both Grellet and Gustave will be heading up Aglaé’s crypto investments.
Specifically, the duo will focus on decentralised/centralised finance, web 3 infrastructure projects, scalability and those that build up the creator economy.
According to the company’s website, investment into any of these projects could range anywhere from $100k to millions in capital.