Archetype, a venture capital firm specializing in early-stage crypto startups, has announced the closing of its third fund, Archetype III, with over $100 million in total capital commitments. This new fund received strong backing from a mix of existing and new institutional investors. These supporters include a range of organizations such as funds of funds, pension plans, academic endowments, sovereign wealth funds, and family offices. Their participation reflects growing confidence in Archetype’s approach and the broader potential of decentralized technologies.
Founded in 2021 and based in New York City, Archetype has built a reputation for identifying and supporting companies that are developing foundational infrastructure and applications for the onchain economy. The firm works closely with startup founders, offering hands-on guidance and strategic support to help them grow their platforms and communities. Archetype focuses on projects that aim to solve real-world problems using blockchain and decentralized technologies.
With Archetype III, the firm plans to continue investing in areas that have shown strong promise and relevance to the future of digital systems. These include decentralized social networks, stablecoins, payment solutions, crypto-based artificial intelligence, modular blockchain protocols, decentralized physical infrastructure networks, and mobile applications that operate on blockchain rails. The fund has already made several investments, though some remain undisclosed. These new additions will join a portfolio that includes well-known companies such as Privy, Monad, Hut 8, Farcaster, Ritual, and Relay.
Archetype’s work goes beyond investing. The firm is deeply committed to building a strong and vibrant crypto community in New York City. Recognizing the city’s long-standing role as a global center for finance and culture, Archetype sees New York as a natural home for the next wave of digital innovation. The firm regularly hosts in-person events, conducts research, and runs programs designed to support startup founders and attract top talent to the crypto space. These efforts are helping to position New York as a leading destination for developers and entrepreneurs working in blockchain and digital assets.
The launch of Archetype III marks an essential step in the firm’s journey to support the growth of decentralized technologies and applications. By continuing to invest in early-stage companies and fostering a collaborative community, Archetype aims to help shape the future of the digital economy and solidify New York’s role as a central hub for crypto innovation.
KEY QUOTES:
“Blockchains are becoming the commerce rails of the world, and crypto’s ChatGPT moment is set to emerge atop uniquely performant onchain infrastructure and a powerful new class of creator tooling. Archetype’s mission is to empower the founders that can propel crypto’s use cases to billions of users and invest in the crypto networks that will define the decades ahead. The close of Archetype III reflects our investors’ persistent conviction in our team as stewards of capital, and their trust in our concentrated, partnership-oriented investment approach, our ability to identify emergent and enduring trends, and the strength of our investing track record. We are ecstatic to announce our third fund and continue Archetype’s journey in accelerating the programmable future.”
Ash Egan, Founder and General Partner at Archetype
“Archetype is on an exciting growth trajectory, led by an investment team with a differentiated approach to venture investing in crypto – one that is concentrated, conviction-led, and rooted in genuine partnership with founders. The firm has demonstrated a proven ability to identify high-potential founders, and we’re excited to support them as they build on the momentum of Archetype I and II.”
Aram Verdiyan, Partner at Accolade Partners
“I’ve seen Ash bring exceptional insight and conviction to his practice since we both worked at Consensys in 2018, and I’m thrilled to continue supporting him as a third time LP in Archetype III. Archetype has become a world-class team distinguished by their truly hands-on approach and unwavering commitment to empowering visionary founders.”
Andrew Keys, Co-founder and Chairman of The Ether Machine
