Uniswap Launches Ventures Arm to Back Web3 Companies
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Uniswap Labs, the firm behind Uniswap, has launched its separate investment arm called Uniswap Labs Ventures. According to a blog post, the venture fill use its capital to fund Web3-related companies, from infrastructure to developer tools and consumer-facing applications.

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Ventures team will also participate in "on and off-chain governance" to keep up evolution of supported projects. At launch, the funding department plans to participate in the governance of the MakerDAO, Aave, Compound and Ethereum Name Service protocols. As of press time, Uniswap Labs Ventures has already invested in 11 projects, including MakerDAO, Aave and Compound.

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The move comes after other crypto-related companies also created their own investment arms. For instance, Alchemy, a blockchain infrastructure provider, launched its arm designed to invest decentralized finance and Web3 products in December 2021. In January this year, cryptocurrency exchange FTX also launched a $2 billion venture fund to invest in equity and/or tokens, at any check size and stage. FTX Ventures said that as part of its investment strategy, it is ready to back even anonymous developers.

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