Parity Technologies

About The Fund

Parity Technologies, founded by Dr. Gavin Wood after his departure from the Ethereum Foundation, operates at the intersection of blockchain technology, software development, and social change. They specialize in creating cutting-edge blockchain infrastructure and applications, with a strong focus on Web3 and decentralized online services. The firm is notable for its pivotal role in the blockchain ecosystem, having been instrumental in the development of key technologies such as Ethereum, where Gavin Wood co-founded the project, authored the Yellow Paper, and contributed to designing the Ethereum protocol, including the Ethereum Virtual Machine (EVM), gas system, and contract language Solidity. Following Ethereum, they launched Parity Technologies, which has become a central actor in further innovating blockchain systems. Their contributions include the creation of Polkadot, a heterogeneous scalable multi-chain platform that represents a significant advancement in the scalability and interoperability of blockchain networks. Parity Technologies' investment thesis capitalizes on their expertise in blockchain by focusing on supporting ventures that are strategically aligned with the vision of a decentralized web and broadening access to blockchain technology. They target investments across various stages, including Seed, Series A, and Series C, reflecting their commitment to fostering innovation across the development spectrum of promising blockchain endeavors. As a result, they are not only a key developer of blockchain technology but also an active participant in the evolution of the blockchain investment landscape, supporting a number of organizations and advising entities within the space.