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Web3 Graveyard

Investors

Three Arrows Capital

Investment fund

Dead projects
6
Rounds led
2
Total announced
$97M
Latest round
Mar 2022

Rounds

ProjectRoundDateAnnounced
zkLendDeadSeedMar 2022$5M
AscendersDeadPrivate roundLeadMar 2022$6.4M
MultichainDeadDecember 2021 roundDec 2021$60M
Jet ProtocolDeadFollow-on roundNov 2021$6.8M
Gro ProtocolDiscontinuedSeedMar 2021$7.1M
Balancer LabsDeadSeries A (BAL token purchases from the company treasury)LeadFeb 2021$12M

Announced is the size of the whole round, not this investor’s allocation. Backing a project that later failed is an ordinary outcome of venture investing and is recorded here as a fact, not a judgement.