Consensys Ventures: Exploring India's Blockchain Potential

ConsenSys, a private blockchain software technology company, has a venture capital arm called ConsenSys Ventures, now known as ConsenSys Mesh. The company was founded in 2015 by Ethereum co-founder Joseph Lubin and is headquartered in Brooklyn, New York, with its main office in San Francisco. ConsenSys Mesh focuses on championing the global adoption of Web 3.0 and has four core components: investment, incubation, research and development, and acceleration. While there is no explicit mention of India in its investment portfolio, it is worth noting that ConsenSys Ventures typically invests in startups that are 2-3 years old and based in the United States, with a preference for deals in the range of $1-5 million.

ConsenSys Mesh (formerly ConsenSys Ventures)

ConsenSys Mesh champions the global adoption of Web 3.0 and identifies bold founders and innovative technologies that can help bring the future of Web 3.0 into high definition. The company channels ambitions, accelerates the path to breakthroughs, and creates value. ConsenSys Mesh has four core components: investment, incubation, research & development, and acceleration.

ConsenSys Mesh has been involved in several funding rounds for various companies. The average size of a deal this fund participated in is $4 million, with the usual range being between $1 million and $5 million. The fund's top activity year was 2019, and it generally includes itself in 7-12 deals per year. ConsenSys Mesh has made 43 investments, with 32 portfolio companies and 2 exits. The company has also raised a significant amount of funding for itself, including $200 million in 2021 and $450 million in 2022.

ConsenSys Mesh's investment focus areas

ConsenSys Mesh, formerly ConsenSys Ventures, is a venture capital firm that was founded in 2015 by Ethereum co-founder Joseph Lubin. Headquartered in New York, ConsenSys Mesh has four core components: investment, incubation, research and development, and acceleration. The company identifies innovative technologies and ambitious founders to help bring the future of Web 3.0 into focus.

ConsenSys Mesh's portfolio companies and investments reflect this focus on blockchain and Web 3.0:

• MetaMask: An Ethereum wallet application that allows users to store, transfer cryptocurrencies, and interact with decentralised applications.
• Infura: A blockchain node infrastructure service that provides data from and broadcasts transactions to the Ethereum blockchain.
• Meridio: A platform for creating, managing, and trading fractional-share ownership in real estate, utilising blockchain technology.
• Gnosis Safe: A secure platform for managing digital assets on Ethereum.
• Civil Media: A company that uses cryptocurrency to support journalism, raising $1.8 million in an ICO in 2018.

ConsenSys Mesh's investment strategy typically involves investing in companies that are 2-3 years old and participating in rounds with 2-3 partakers. The average startup value of their investments is between $1-5 million, with a peak activity year in 2019.

ConsenSys Mesh's top investment activity year

ConsenSys Mesh (formerly ConsenSys Ventures) is a venture capital firm founded in 2016 and headquartered in San Francisco, California, United States. The firm identifies as its core components: investment, incubation, research & development, and acceleration. ConsenSys Mesh focuses on early-stage ventures, seed funding, and venture capital. The firm generally invests in 7-12 deals per year, with the average startup value ranging from $1-5 million.

In addition to its investment activity, ConsenSys Mesh has also been active in the blockchain space through its involvement with ConsenSys, a private blockchain software technology company founded by Joseph Lubin. ConsenSys Mesh has raised significant funding for ConsenSys, including $200 million in 2021 and $450 million in 2022, with notable investors such as Animoca Brands, Coinbase Ventures, HSBC, ParaFi Capital, Microsoft, SoftBank, and Temasek. ConsenSys Mesh has also been instrumental in ConsenSys' acquisition of various companies, including Planetary Resources, an asteroid mining company, and Quorum, a banking blockchain platform from JPMorgan Chase & Co.

ConsenSys Mesh's investment strategy focuses on identifying bold founders and innovative technologies that align with the future of Web 3.0. The firm has a global outlook and is not limited to investments solely in the United States, although the majority of its investments are based there. While the firm does not have a specific preference for the number of founders in portfolio startups, it is less likely to invest in startups with 4 or more founders. ConsenSys Mesh typically invests in startups that are 2-3 years old and prefers to participate in rounds with 2-3 partakers.

ConsenSys Mesh's most frequent investments location

ConsenSys Mesh, formerly ConsenSys Ventures, is a private blockchain software technology company that was founded in 2015 by Ethereum co-founder Joseph Lubin. It is headquartered in Brooklyn, New York, United States.

ConsenSys Mesh has four core components: investment, incubation, research and development, and acceleration. The company identifies innovative technologies and ambitious founders to help bring the future of Web 3.0 into high definition.

While the company's headquarters are in the United States, it has a global outlook. ConsenSys Mesh has invested in startups from a range of countries, including the United States, the United Kingdom, Switzerland, France, and India.

The most frequent investments of ConsenSys Mesh are in the United States, with a particular focus on the San Francisco Bay Area and the Greater New York Area. This is likely due to the company's headquarters being located in New York and its main department being in San Francisco.

However, ConsenSys Mesh has also made investments in other countries, including India. While India may not be the most frequent location for ConsenSys Mesh investments, the company has shown interest in the country's startups. For example, one of ConsenSys Mesh's portfolio companies, BlockApps, has received funding from ConsenSys Mesh and is based in Pune, Maharashtra, India.

ConsenSys Mesh's average startup investment

ConsenSys Mesh (formerly ConsenSys Ventures) is a blockchain startup accelerator and venture capital firm that invests in open protocols, infrastructure, and applications that provide contributors with greater agency and shared value. Founded in 2015 by Ethereum co-founder Joseph Lubin, ConsenSys Mesh has four core components: investment, incubation, research and development, and acceleration. The company identifies bold founders and innovative technologies that can help bring the future of Web 3.0 into high definition.

ConsenSys Mesh has made 111 investments as of May 22, 2024, with its latest investment in WeatherXM as part of their Series A. The company has also made 9 portfolio exits, with its latest exit from Decrypt on December 11, 2023. While the exact amount of ConsenSys Mesh's average startup investment is not publicly available, the company has been involved in several funding rounds for various startups. For example, Rulematch raised an undisclosed amount in its seed round from ConsenSys Mesh and two other investors.

ConsenSys Mesh is committed to championing the global adoption of Web 3.0 and has been actively investing in and supporting startups working with blockchain technology. The company's investments range from early-stage ventures to seed and venture rounds, and it has a particular interest in Ethereum-based projects.

In addition to its investment activities, ConsenSys Mesh also provides blockchain technology solutions and has built Ethereum blockchain infrastructure and applications, including developer tools and enterprise solutions. The company is headquartered in Brooklyn, New York, and operates as a subsidiary of ConsenSys, a web3 company enabling developers, enterprises, and individuals to build next-generation applications and access the decentralized web.

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