SOSV announces spinout of the dlab startup program as a standalone fund

Starting in 2024, dlab will be operating as a newly independent fund with fresh capital and dedicated resources to fund the next generation of web3 and crypto startups. We are, quite simply, more bullish than we've ever been. This new dedicated fund has been in the works for awhile now and we're extremely excited about the journey ahead.

We are honored and humbled to have @sosv's support these past 4 (!) years - and moving forward. We are 100% stoked for what comes next! Thank you everyone for your continued support https://t.co/5x5SNEybJj

As many of you already know, dlab got its start in late 2018 as the crypto-focused startup development program inside of SOSV's larger deep tech fund. Over the past 4 years, we've worked together to build an incredible portfolio of two dozen companies, put up some great numbers, and learned a ton, while also continually refining our thesis, our skills, and our methodology. We're extremely grateful to SOSV for their support throughout this adventure, and excited to share that they'll be continuing on with us as the anchor LP in our new fund.