EV3 (Escape Velocity) is a thesis-driven, early-stage investment firm that backs founders building *crypto-enabled, on‑chain and AI-native infrastructure networks* across real‑world industries such as telecommunications, cloud/compute, energy, logistics and advertising, typically leading pre‑seed and seed rounds with hands‑on support and research assets.[4][3]
High-Level Overview
- Mission: EV3’s mission is to back “exceptional founders” building decentralized, crypto‑powered networks that can displace large incumbent industries by funding pre‑seed and seed startups and providing research, analytics, events and media to accelerate network effects.[4][5]- Investment philosophy: The firm is thesis‑driven, focusing on *crypto‑enabled and AI‑native infrastructure* with concentrated small‑portfolio bets (leading rounds with ~$500K–$3M checks) and close partnership with a few companies per year.[4][3]- Key sectors: EV3 emphasizes decentralized physical infrastructure (DePIN) and on‑chain networks across wireless/telecom, decentralized compute/cloud, energy, logistics, healthcare and advertising.[1][4]- Impact on the startup ecosystem: EV3 acts as both a capital provider and ecosystem builder—running research and analytics, conferences and media that increase visibility for nascent DePIN and crypto‑infrastructure projects and that connect founders to premier crypto and institutional backers.[4][1]
Origin Story
- Founding year and background: Public profiles list EV3 (Escape Velocity) as formed in the early 2020s (sources cite 2022–2023 as founding years) and positioning itself as a crypto‑native fund focused on decentralized infrastructure networks.[1][2]- Key partners / backers: The firm’s site shows backing or alignment with prominent crypto and venture names (examples cited include Ribbit Capital, Chris Dixon, Marc Andreessen, Multicoin Capital, Framework Ventures, Castle Island and CMT) indicating deep relationships into crypto and institutional venture networks.[4]- Evolution of focus: EV3 presents itself as an evolution of thesis funds that combine venture capital with research/analytics and events to accelerate network formation in DePIN and on‑chain infrastructure; it explicitly offers labs, DePIN resources and portfolio research as part of its operating playbook.[1][4]
Core Differentiators
- Thesis concentration: A tight focus on *crypto‑powered infrastructure and DePIN* (wireless, compute, energy, logistics, etc.) that aims to capture incumbents being eaten by on‑chain networks.[4][3]- Early, concentrated capital: Leads pre‑seed/seed rounds with $500K–$3M checks and partners closely with a small number of startups each year, enabling concentrated support rather than broad, passive allocations.[4][5]- Ecosystem & research assets: Operates EV3 Labs, publishes analytics and runs conferences/media to surface portfolio projects and build network effects for founders.[1][4]- Network of influential backers: Public materials list endorsements or relationships with top crypto and venture players, which can help portfolio companies with follow‑on capital and partnerships.[4][5]
Role in the Broader Tech Landscape
- Trend alignment: EV3 is positioned on two converging trends—tokenized, decentralized physical infrastructure networks (DePIN) and the integration of crypto economics with AI and cloud/compute decentralization—both of which aim to redistribute value from centralized incumbents to network participants.[4][3]- Why timing matters: Growing developer tools, cheaper edge compute, increased on‑chain tooling and renewed institutional interest in crypto infrastructure make early investment in DePIN and compute networks more viable now than in prior crypto cycles.[4][3]- Market forces in their favor: Demand for decentralized alternatives (lower costs, censorship resistance, new token‑native incentives) and the availability of institutional crypto capital favor firms that specialize in structuring and scaling such networks.[4][1]- Influence: By combining capital with research, events and media, EV3 helps accelerate discovery, talent flow and capital allocation into DePIN and crypto infrastructure sectors, shaping which technical approaches and teams gain traction.[1][4]
Quick Take & Future Outlook
- What’s next: Expect EV3 to continue leading pre‑seed and seed rounds in DePIN, decentralized compute and AI‑native infrastructure while expanding its research/events footprint to drive deal flow and thought leadership in those categories.[4][3]- Trends that will shape its journey: The durability of token economics, regulatory clarity for crypto networks, adoption of decentralized compute and the real‑world utility of DePIN use cases (e.g., wireless access, edge compute, energy grids, logistics) will determine portfolio outcomes.[4][1]- How influence might evolve: If EV3’s concentrated bets produce breakout networks, the firm could become a go‑to allocator for projects seeking both early capital and protocol‑scale ecosystem building; conversely, macro crypto headwinds or weak token models would test its thesis‑driven approach.[4][5]
Quick take: EV3 is a boutique, thesis‑focused crypto infrastructure fund that combines early capital with research and community building to accelerate DePIN and on‑chain network formation—well positioned for upside if decentralized infrastructure adoption accelerates, but dependent on token economics, execution and broader crypto market/regulatory conditions.[4][1]
If you want, I can:
- Summarize EV3’s known portfolio companies and specific investments (where public), citing each deal.- Draft questions to ask EV3’s partners when evaluating them as an investor.
