Purple Beard Ventures launched as a syndicate of startup accelerator AngelList in 2019 by founder and managing associate Drew Austin. It has invested in 192 firms, together with NBA High Shot mother or father Dapper Labs, metaverse platform The Sandbox and knowledge aggregator CryptoSlam, deploying greater than $40 million in capital. The corporate has discovered success in Web3, although it additionally invests in tasks associated to house exploration, local weather science, robotics, AI, fintech and biotech.
