Wagmi Venture Studio

Wagmi Venture Studio

Web3 venture studio creating transformative experiences that democratize opportunity and ownership of the internet. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD18—27m (Dealroom.co estimates Jun 2022.)
Company register number A10604882
Sentmenat Catalonia (HQ)
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DateInvestorsAmountRound
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€3.0m

Seed
Total FundingCAD4.5m

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Wagmi Venture Studio is a pioneering company based in Europe, specializing in the intersection of web3 and artificial intelligence (AI). As Europe's first web3 AI venture studio, Wagmi focuses on developing and launching innovative tech projects that leverage blockchain technology and AI. The company serves entrepreneurs and startups looking to create cutting-edge products in emerging fields such as AI, Cognitive Augmented Reality (AR), Virtual Reality (VR), Extended Reality (XR), and the Metaverse.

Wagmi Venture Studio operates in the rapidly evolving tech market, particularly within the web3 ecosystem, which is the next generation of the internet based on decentralized technologies like blockchain. The company’s business model revolves around partnering with founders to bring their web3 ideas to life. They offer a comprehensive suite of services including fundraising, growth strategies, talent management, product vision development, and infrastructure support.

Wagmi makes money by taking equity stakes in the startups they help to launch. They provide initial seed funding and resources to get projects off the ground quickly, often reducing the typical 2-3 year development timeline to just a few months. Once a project is ready for public launch, Wagmi assists in raising additional funds from leading industry investors, ensuring the startup has the financial backing needed for future success.

The company also offers specialized AI services through their platform, Sia, which uses proprietary datasets to train AI models similar to ChatGPT. These models can create intelligent applications capable of sophisticated interactions within a business ecosystem, thus enhancing operational efficiency and trust in third-party interactions on a blockchain.

In summary, Wagmi Venture Studio is a trailblazer in the web3 and AI space, providing end-to-end support for tech startups from conception to market launch and beyond.

Keywords: web3, AI, blockchain, venture studio, startups, fundraising, Metaverse, AR, VR, XR.