Audacity Fund
About Audacity Fund
Audacity Fund is a venture capital firm investing in Web3 and metaverse projects targeting emerging markets. The firm focuses on culturally dynamic crypto technology that unlocks overlooked regions and industries, builds solutions for unbanked and underserved markets, scales crypto and Web 3.0 to the global population, and drives wealth and ownership for the global majority. They also emphasize the importance of community and decentralization in their investments. Audacity Fund's investment thesis centers on empowering underrepresented entrepreneurs by providing them with the capital and resources necessary to grow their businesses. The fund focuses on early-stage startups that demonstrate innovation, scalability, and a strong potential for community impact. By supporting diverse founders and fostering inclusive entrepreneurship, Audacity Fund aims to drive both economic growth and social equity through its investments. The firm operates on a community-driven model using Syndicate Protocol, enabling syndicate-based investing where communities collectively invest. This suggests distributed decision-making with input from the CBEE community, emphasis on relationship and community alignment, and long-term commitment to supporting founders beyond capital provision. Support extends beyond capital to include access to global developer talent, community within CBEE network, and focus on founders serving overlooked, underbanked markets.
Investment Mandate
Asset Classes2
Industry Focus4
Geographical Focus
Requirements
Black and African-led crypto startups, Early-stage startups with innovation and scalability, Founders with access to multiple cultures and communities
Stated Portfolio2
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