The Sei Foundation has launched a new $65 million venture fund to support decentralized science startups on the Sei Network. This initiative aims to leverage blockchain technology to enhance transparency, funding, and data sharing in scientific research.
Investment Strategy and Fund Allocation
The fund will invest in both tokens and equity of DeSci projects, with investments ranging from $100,000 to $2 million. The entire $65 million will be deployed over the next three to four years. Although Sei Foundation is fully committed to the fund, it may consider external investors in the future. This initiative will focus strictly on venture investments rather than grants.
The Growth of DeSci and Its Challenges
Decentralized science is transforming traditional scientific research by creating platforms that allow researchers to share data openly and access funding without centralized institutions. Despite this progress, many scientists remain cautious about blockchain-based models due to trust and regulatory concerns.
Target Areas
Sapien Capital will focus on key areas within DeSci, including wearable technology for health monitoring, user-owned data collectives, and gamified drug discovery to accelerate pharmaceutical research. These areas can bridge niche scientific communities with mainstream adoption.
The Sei Foundation aims to tackle systemic barriers in life sciences and biotech by supporting decentralized science and innovative projects.
