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XVC Tech, also known as XDC Ventures, was founded in 2018 and is headquartered in Dubai. The firm focuses on early-stage investments in next-generation technology, particularly in the Web3 sector. With a dedicated fund size of $125 million, XVC Tech aims to support entrepreneurs who are developing innovative technology solutions. The firm has established itself as a key player in the venture capital landscape, particularly for startups that are post-MVP and ready for seed-stage funding.
Since its inception, XVC Tech has been actively backing technology pioneers and fostering innovation within the ecosystem. The firm operates globally, with a portfolio that spans various sectors, including fintech, AI, payments, and blockchain technology. XVC Tech's commitment to empowering entrepreneurs is evident in its approach to investment, which includes providing access to the XDC Network ecosystem and engaging with founders through tailored outreach and investor days.
XVC Tech invests primarily in early-stage Web3 startups, focusing on innovative technology projects that are post-MVP and ready for seed-stage funding. The firm has a dedicated fund of $125 million aimed at next-generation technology solutions, specifically targeting sectors such as digital asset custody, decentralized finance (DeFi), trade finance, decentralized autonomous organizations (DAOs), and decentralized exchanges (DEXs). This focus allows XVC Tech to back startups that are at the forefront of technological advancement.
The firm seeks to partner with entrepreneurs who are building in areas like blockchain infrastructure, digital assets, tokenization, and payments. XVC Tech emphasizes the importance of leveraging the XDC Network ecosystem, which provides portfolio companies with access to a network of resources, co-investors, and industry expertise. This collaborative approach enhances the growth potential of the startups in which XVC Tech invests.
XVC Tech's portfolio includes a diverse range of companies that are making significant strides in their respective fields. Notable companies in their portfolio include:
These companies reflect XVC Tech's commitment to investing in innovative technology solutions that drive growth in the Web3 and fintech sectors.
Ritesh Kakkad - Investment Committee Member. Ritesh has a background in venture capital and has been involved in various successful investments in the technology sector.
Atul Khekade - Investment Committee Member. Atul brings extensive experience in technology investments and has a strong track record in supporting early-stage startups.
Aneri Merchant - Investment Manager. Aneri specializes in identifying promising technology startups and has a keen interest in Web3 innovations.
Thibault Delrue - Investment Manager. Thibault focuses on fintech and blockchain investments, leveraging his expertise to support portfolio companies.
Rebecah Dausen - Investment Research Manager. Rebecah conducts in-depth research on market trends and investment opportunities in the technology sector.
Chen Shanlong - General Manager. Chen oversees the operational aspects of XVC Tech and plays a key role in managing relationships with portfolio companies.
To pitch XVC Tech, founders should apply through their website at xvc.tech/apply-for-funding.html. The pitch deck should include a clear overview of the technology, market opportunity, and business model. Founders should also be ready to discuss their team and any traction achieved to date.
XVC Tech prefers warm introductions but also accepts direct applications through their website. Response times may vary, so founders should be prepared for a potential wait after submission.
In 2026, XVC Tech announced its investment in Olea, which raised $30 million in Series A funding. This investment highlights XVC's commitment to supporting innovative financial solutions.
Additionally, XVC Tech has been active in the Web3 space, participating in events such as the Web3 Festival and Consensus, showcasing their portfolio companies and engaging with the broader technology community.
In 2025, XVC Tech launched an institutional fund infrastructure with Libre, further expanding its investment capabilities and reach within the blockchain ecosystem.
What are XVC Tech's investment criteria?
XVC Tech focuses on early-stage investments in Web3 startups that are post-MVP and ready for seed-stage funding. The firm looks for innovative technology projects across sectors such as fintech, AI, payments, and blockchain.
How can I apply or pitch to XVC Tech?
What makes XVC Tech different from other venture capital firms?
XVC Tech is closely tied to the XDC Network ecosystem, providing portfolio companies with access to a network of resources, co-investors, and industry expertise. This unique positioning enhances the growth potential of their investments.
What is the geographic scope of XVC Tech's investments?
XVC Tech operates globally, investing in startups from various regions that align with their focus on next-generation technology and Web3 innovations.
What is the typical check size for investments?
While specific check sizes are not publicly disclosed, XVC Tech primarily invests at the seed stage, indicating that their checks are likely to be in the range typical for early-stage funding.
What kind of support does XVC Tech provide to portfolio companies?
XVC Tech actively engages with founders through investor days and tailored outreach, providing access to the XDC Network ecosystem and enhancing the growth potential of their portfolio companies.
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