Picus Capital Launches A New Web3 Investment Arm

Picus Capital, a German venture capital firm which is known for backing startups such as Nested and Omni, launched a dedicated web3 and crypto investment arm called picus.xyz.

According to Picus Capital, the launch of picus.xyz will act as a catalyst for the acceleration of web3 adoption. The investment arm will adhere to the company’s philosophy of investing in web3 infrastructure and consumer products in the early pre-seed through Series A stages. It will make investments in tokens and equities.

Since its establishment in 2015, Picus Capital has invested in over 140 companies, including Nested, Omni, and Gatherly. The company has already provided financial support to a number of cryptocurrency businesses, such as the staking service Stride, the artificial intelligence infrastructure platform Spice AI, and the crypto asset management service Arch.

Picus Capital is well-known for providing founders with specialized teams of HR and operational support. The new investment arm will provide similar assistance to the idiosyncrasies of web3, such as token design, audit support, and community management.

At picus.xyz we seek to partner with founders whose north star is the advancement of web3 and who are solving the hard problems in the way of the next billion users.

the company said in the blog of announcement

David Mirzazadeh, Daniel Niklas, Pierre Bourdan, and Julius Nagel are members of the investment team. Before joining Picus, they had careers in investment banking and consultancy.

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