TLDR:
- Auros has launched Auros Ventures, a venture capital arm focusing on digital assets and Web3 projects.
- The firm has deployed over $15 million since Q3 2023 and plans to invest over $50 million in the next two years.
Auros, a global market-making and algorithmic trading firm, has announced the launch of Auros Ventures, its new investment arm. Auros Ventures will be led by Julien Auchecorne, a seasoned digital assets expert with experience in traditional finance. The focus of Auros Ventures will be on driving innovation within the dynamic digital assets and Web3 sector while also bolstering ecosystem growth.
Since Q3 2023, Auros Ventures has already deployed over $15 million and plans to invest more than $50 million over the next two years. The firm has made a total of 14 investments in its portfolio as of April 2024, participating in projects such as oracle network Pyth and Layer-1 Berachain.
Julien Auchecorne, the Head of Auros Ventures, will work closely with Auros’s Founder and Chief Investment Officer, Ben Roth, to guide the venture capital arm in deploying capital and supporting innovative startups in the digital assets and Web3 sector. Auros Ventures aims to actively contribute to the operational and strategic development of its portfolio companies.
Ben Roth, CIO and Founder of Auros, expressed excitement about the launch of Auros Ventures as a reaffirmation of the firm’s growth strategy and commitment to fostering sustainable ecosystem growth. Julien Auchecorne also shared his enthusiasm about working with Auros to support groundbreaking projects in the industry.
With Auros Ventures’ strategic approach and focus on digital assets and Web3 projects, the firm aims to continue its expansion and drive substantial value creation for all market participants in the digital assets sector.
