Paribu Ventures was founded to invest in internet startups. Paribu Ventures is built on the strong foundations of its parent company Paribu, a leading global crypto asset exchange platform with over 5 million registered users and growing. It also supports portfolio founders with resources and network, positioning them for success. According to the news, the company made a total investment of over $ 6.5 million in 19 investment rounds in its first year.
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Paribu Ventures
Paribu Ventures, which is positioned as a global venture capital fund, has an average transaction size of around 350 thousand dollars. Paribu Ventures, which invests in early-stage ventures, has 7 companies in its portfolio, consisting entirely of initiatives of founding partners outside Turkey. For Paribu Ventures, which is involved in investment rounds where token, share and these two structures are built together, it should be noted that it has invested mainly in rounds where shares have been distributed in the traditional way so far. Paribu Ventures Director Utku Dördüncü’s statement about the investments they have made since their establishment:
In our first year, we have built a very strong portfolio. Although there are many technological innovations in the Web3 world, it is still difficult to find scaled solutions that solve the real problem of the end user. From the very beginning, we have built a structure that is developer-oriented, takes a long-term view of our investments and aims to transfer Paribu’s technological strength to portfolio companies. On the other hand, we make our investments with the awareness that we are still at the beginning of the road in the adaptation of blockchain technology.
Paribu Ventures believes that decentralised technologies will play an important role in the future. Therefore, it is committed to developing blockchain technology and fostering innovation by investing in high-quality startups and scale-up companies with high growth potential in target sectors. We know that in the fast-paced crypto world, many great ideas require much more than financial capital. Paribu Ventures’ main goal with this mindset will be to be a long-term partner with its portfolio companies and leverage the vast resources of the company universe to the benefit of their investments.