Xenoverge Angel Fund, a Web3 angel investment fund, has successfully raised $1 million to fuel the next generation of groundbreaking startups. Focused on the emerging sectors of Decentralized Physical Infrastructure Networks (Depin), Internet of Things (IoT), and the future of freelance, the fund is committed to supporting visionary founders who are shaping the decentralized future of technology, infrastructure, and work.
The fund will specifically target early-stage companies in the pre-seed stage, providing investments ranging from $50,000 to $250,000 per startup over the next 18 months. With Web3 technologies continuing to disrupt traditional industries, Xenoverge aims to back the next wave of innovators who are pioneering decentralized solutions in areas ranging from autonomous IoT devices to new models for freelance work powered by blockchain.
“As the world moves toward decentralization, we’re seeing incredible opportunities for innovation in sectors like Depin, IoT, and freelance,” said Sylvia, Managing Partner of Xenoverge Angel Fund. “Our mission is simple: to back the bold founders who are building the decentralized future of technology, infrastructure, and work. With our $1 million raise, we are ready to help turn their visionary ideas into reality.”
A Focus on Depin, IoT, and the Future of Freelance
Xenoverge Angel Fund is particularly interested in three key sectors that are poised to redefine the future of business and technology:
1. Decentralized Physical Infrastructure Networks (Depin): Depin refers to decentralized networks that empower individuals or organizations to build, own, and operate physical infrastructure like data centers, edge computing networks, and IoT-enabled devices. This model reduces reliance on centralized service providers, promoting transparency, security, and resilience in critical infrastructure.
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2. Internet of Things (IoT): IoT technologies are enabling a more interconnected world, with billions of devices sharing data and making autonomous decisions. Xenoverge is particularly interested in IoT startups that are leveraging blockchain to improve device security, data integrity, and transparency, as well as those that are creating decentralized IoT ecosystems that can be trusted without relying on central authorities.
3. The Future of Work: The freelance economy is rapidly growing, and blockchain technology is primed to radically change how freelancers interact with clients, get paid, and protect their work. Xenoverge is interested in startups that are building decentralized platforms and tools for freelancers, focusing on improving transparency, payment security, and fairness in the gig economy.
Why Xenoverge Angel Fund?
The Xenoverge Angel Fund stands out in the Web3 investment space by offering more than just capital. The fund is dedicated to providing hands-on support and strategic guidance to its portfolio companies, helping them navigate the complexities of Web3, blockchain technology, and scaling their startups.
Xenoverge’s team brings a wealth of experience in both the startup and Web3 ecosystems, and the fund is committed to building lasting partnerships with its founders.
Xenoverge is actively seeking Web3 founders who are at the forefront of innovation in these sectors. Whether you’re developing a decentralized infrastructure project, an IoT-powered solution, or a blockchain-based freelance platform, the fund wants to hear from you.
The team is particularly interested in founders who are tackling big problems and using decentralized technologies to build trust, transparency, and efficiency across industries.
About Xenoverge Angel Fund
Xenoverge Angel Fund is a Web3-focused investment firm dedicated to backing early-stage startups building decentralized solutions in the fields of Depin, IoT, and the future of freelance. With a mission to drive innovation and empower founders, Xenoverge provides capital, mentorship, and strategic support to help startups thrive in the rapidly evolving Web3 ecosystem.
For more information, visit xenovergefund.com.
Media Contact:
Sylvia – Xenoverge Angel Fund
Email: pitch@xenovergefund.com
X: https://x.com/Xenovergefund
Website: xenovergefund.com
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