We’ve approached blockchain and crypto investing with a slightly different strategy than our core Homebrew work. Whereas we we traditionally play a “lead” (or co-lead) investor role in seed rounds, in crypto we’ve preferred to make meaningful supporting commitments alongside a diverse syndicate including generalist VCs, sector-focused funds and industry angels/technologists. So far it’s worked well for us as we continue to pick and choose our spots where smart, agile teams create fundamental infrastructure that enables the widespread adoption and growth of blockchain and crypto technologies.
Bison Trails was one of these seed investments and it’s exciting to share news of their $25.5 million Series A, led by Blockchain Capital and including Kleiner Perkins, Coinbase Ventures and many more. The Bison Trails team is focused on becoming the easiest way to run secure infrastructure on multiple blockchains and were early founding members to the Libra Association. The early progress has been amazing to watch but they're definitely just getting started. And they’re definitely HIRING!