Sora Investments has emerged as one of the most active venture capital firms investing in blockchain and cryptocurrency startups. With offices in Singapore and San Francisco, Sora focuses on backing early-stage teams building infrastructure, applications and services to enable the next generation of the internet. The firm has made over 50 investments across Web3 categories like NFTs, metaverse, DeFi and DAOs. Sora is led by partners with deep experience in technology investing and company building.
Sora Investments Focuses on Early-Stage Web3 Startups
Sora Investments primarily targets seed and Series A stage blockchain projects based in Asia and the US. The firm seeks to be the first institutional check for promising teams and protocols. Sora typically invests $500k to $2 million per deal. By backing ideas early, Sora aims to help founders build category-defining companies and accelerate mainstream adoption of blockchain technology.
Sora’s investments include leading projects across NFTs (OpenSea, Dapper Labs), gaming (Immutable, Forte), metaverse (The Sandbox), infrastructure (Chainlink, Starkware), DeFi (dYdX, Ondo Finance) and DAOs (Friends with Benefits). The portfolio reflects the firm’s thesis – identifying key themes early and partnering closely with teams to enable success.
Experienced Partners Backing Blockchain Innovation
Sora Investment’s partners have years of experience as entrepreneurs, operators and investors.
Managing Partner David Choo was an early executive at Dapper Labs, leading Asia growth during the rise of CryptoKitties and NBA Top Shot. He scaled Asia operations at crypto unicorn Anchorage and was Head of Growth for global NFT platform Animoca Brands.
General Partner Tim O’Brien previously led growth at FTX after stints at Uber and Bain. He focuses on community development and helping position protocols for growth.
Venture Partner Anri Sugiarto was Principal at Blockchain Capital, one of the earliest and most active blockchain VCs. She sourced many early investments including Aave and Synthetix.
The Sora team’s operating backgrounds enable them to quickly understand technical infrastructure and identify potential hits. Their connections and community building expertise help portfolio startups gain traction.
Firm Philosophy: Hands-On Support for Web3 Builders
Sora Investments aims to provide founders with vital support beyond just capital. The partners leverage their knowledge and relationships to help teams overcome challenges at various stages of the startup lifecycle.
During market downturns, Sora works closely with portfolio companies to adjust budgets and runway. The firm helps crypto projects navigate uncertain regulations. Sora also facilitates key intros to exchanges, partners, future investors and other stakeholders critical to success.
By taking a hands-on role with each investment, Sora seeks to increase the odds of success for risky early-stage blockchain startups. The firm’s continued success will depend on its ability to keep identifying category-defining projects across the rapidly evolving Web3 space.
In just a few years, Sora Investments has emerged as one of the most active venture capital firms focused on early-stage crypto and blockchain startups. With experienced partners and a hands-on approach, Sora provides critical support to founders building the next generation of Web3 infrastructure, applications and services.