Investing in Permanent Ventures

FUND FOCUSED ON INVESTING IN DECENTRALIZED APPLICATIONS

Permanent Ventures is a forward-thinking investment fund focused on decentralized storage and Web3 wallets. Established in 2021, the fund is deeply involved in the Arweave ecosystem, supporting projects that use blockchain technology to create secure, permanent, and scalable data storage solutions. In addition to investing, the fund helps its portfolio companies further by providing validator services, ensuring their networks run smoothly and efficiently.

WHY WE SUPPORT PERMANENT VENTURES

Permanent Ventures is at the forefront of tackling the growing demand for decentralized storage. By investing in innovative companies, the fund is driving real-world adoption of blockchain-powered storage solutions.

Key projects supported by Permanent Ventures include:

AO: A hyper-parallel computing platform on Arweave, enabling scalable, secure, and modular decentralized computing.
Irys (formerly Bundlr Network): Simplifies storing and managing data on Arweave.
WeaveDB: A decentralized database built for scalable and permanent storage.
RedStone: Provides real-time data for decentralized finance (DeFi) applications.
KYVE Network: Focuses on archiving and validating blockchain data.
Meson Network: Offers a decentralized marketplace for bandwidth and data transfer.

These investments demonstrate Permanent Ventures’ commitment to building a strong foundation for decentralized data systems.

KEY TEAM MEMBERS

Garrett MacDonald – Fund Manager: Garrett leads Permanent Ventures with years of experience in blockchain and Web3. He has been an early Bitcoin miner, co-founded the Energy Web Foundation, and advised a German investment firm on blockchain strategies.

Permanent Ventures has been instrumental in advancing decentralized infrastructure, facilitating innovations that address the limitations of traditional data storage solutions. With notable investments across high-potential projects and active contributions to the Arweave ecosystem, the firm is well-positioned to drive the adoption of permanent decentralized storage solutions globally.

For more information about Permanent Ventures, visit Permanent Ventures on X.

‍