{"id":58456,"date":"2022-03-02T10:08:14","date_gmt":"2022-03-02T08:08:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58456"},"modified":"2025-09-04T16:54:14","modified_gmt":"2025-09-04T13:54:14","slug":"electric-capital-raises-1-billion-in-venture-funding","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/electric-capital-raises-1-billion-in-venture-funding\/","title":{"rendered":"Electric Capital raises $1 billion in venture funding"},"content":{"rendered":"<p>A crypto-focused firm Electric Capital has raised $1 billion for a fund to invest in a range of startups.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">1\/ <a href=\\\"https:\/\/twitter.com\/ElectricCapital?ref_src=twsrc%5Etfw\\\">@ElectricCapital<\/a> has raised $1 billion in new capital, our largest fundraise yet.<\/p>\n<p>The web3 economy built on top of the programmable money stack will be one of the defining disruptions of the 2020s.<\/p>\n<p>Where are we going to invest $1 billion?<a href=\\\"https:\/\/t.co\/9no7saqyQK\\\">https:\/\/t.co\/9no7saqyQK<\/a><\/p>\n<p>\ud83e\uddf5\ud83d\udc47<\/p>\n<p>\u2014 Avichal \u2014 Electric\u26a1\ufe0fCapital (\ud83c\uddfa\ud83c\udde6, \ud83c\uddfa\ud83c\udde6) (@avichal) <a href=\\\"https:\/\/twitter.com\/avichal\/status\/1498700492393746433?ref_src=twsrc%5Etfw\\\">March 1, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The firm invests amounts ranging from $1 million to $20 million in projects related to Web 3.0 infrastructure, DeFi, NFT platforms and <span data-descr=\\\"decentralized autonomous organizations\\\" class=\\\"old_tooltip\\\">DAOs<\/span>.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWe use the infrastructure we built to provide liquidity, run validators, help teams navigate ecosystems with the help of our new data, etc.,\u201d said Electric Capital co-founder Curtis Spencer.<\/p>\n<\/blockquote>\n<p>Founded in 2018, Electric Capital has invested in Bitwise, dYdX, Gitcoin, Immunefi, NEAR, Syndicate and other notable projects.<\/p>\n<p>In August 2020 the firm <a href=\"https:\/\/u1f987.com\/en\/news\/electric-capital-raises-110-million-from-institutional-investors\">raised $110 million<\/a> to launch its second fund.<\/p>\n<p>Earlier Electric Capital <a href=\"https:\/\/u1f987.com\/en\/news\/electric-capital-web3-active-developers-rose-75-in-2021\">said in a report<\/a> that in 2021 the number of active Web 3.0 developers grew by 75%.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A crypto-focused firm Electric Capital has raised $1 billion in venture funding.<\/p>\n","protected":false},"author":1,"featured_media":58457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1859,1133],"class_list":["post-58456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-electric-capital","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58456"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58456\/revisions"}],"predecessor-version":[{"id":58458,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58456\/revisions\/58458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58457"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}