Introducing Rio Development Inc. Investors

Partnering for Growth and Category Leadership

What

A seed round for Rio Development Inc., the initial team supporting the development of the Rio Network, co-led by Polychain Capital, Blockchain Capital, and Breyer Capital, including participation from over 50 investors.

Funds	Angels
Archetype	Alex Crowe
Blockchain Capital	Amman Bhasin
Blockchain Coinvestors	Brian Tubergen
Breyer Capital	Clayton Menzel
Coinbase Ventures	David Gan
Chorus One Ventures	Eric Wall
Coinsummer	Jai Bhavnani
Fenbushi Capital	James Prestwich
Finality Capital Partners	Jason Yanowitz
HackVC	John Adler
Hash3	John Zettler
Hashkey Capital	Ken O'Friel
Maelstrom	Matt Jobbe Duval
Mirana	Matt Luongo
NGC Ventures	Michael Ippolito
Polychain Capital	Mike Neuder
Proof Group	Mirko Schmiedl
Reciprocal Ventures	Mustafa Yilham
Robot Ventures	Pranay Mohan
Rubik Ventures	Rob Witoff
SNZ Holdings	Smokey
Stake Capital	Will Wolf
Tangent	Xinshu Dong

Why

Growth.

We met with 100+ investors around the world and selected the optimal syndicate for the 0 to 1 stage. We consider each of these investors to be core team members "hired" to do specific jobs including research, business development, and risk management.

In the emerging category of LRTs, we believe the endorsement from this syndicate sends a clear signal of category leadership to Restakers, Operators, and Actively Validated Services (AVS).

Where

Follow along on Discord, Twitter, Telegram, or email with any questions. Find our full press release here.