ConsenSys is a blockchain software technology company founded by Joseph Lubin based in Brooklyn, New York. Joseph Lubin founded ConsenSys in the early 2015 as asoftware foundry to develop decentralized software services and application that operate on the Ethereum blockchain.
Even though, recently there is a reduction at Brooklyn based ethereum venture studio ConsenSys, the company’s investment arm boost up outreach to independent start- ups. Kavita Gupta head of ConsensSys Ventures, announced two new investments on Thursday: $1 million in the Paris-based crypto wallet and trading platform. Gupta told CoinDesk these companies distinguished themselves with teams that include bitcoin veterans serving established user-bases.
Gupta’s strategy is to bring as many traditional venture capitalist into ConsenSys orbit as possible, to benefit from their experience with mainstream tech products. As per
Leigh Cuen one of the crypto and blockchain annalist on Coindesk, for Coinhouse, Gupta’s team led a $2.8 million Series A with additional funding from Digital Currency group, XAnge Siparex Innovation, and BTU protocol Ecosystem Fund, along withseveral investors.
Gupta said, that she will invite more founders from both sides of the community to talk about being businessperson raising money, they are inviting 10 to 12 founders who had really good exits from their company, Going forward Gupta says she’s looking to prioritize investments in start-ups that focus on three things: infrastructure, privacy and network effects.