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Leading Blockchain VC Firm Contango Digital Assets has successfully closed its $1.2M seed round for its parent company to build Web3 infrastructure and raise awareness for Contango Digital Assets as an investment firm.

To date, Contango has deployed over $7 million to support 50+ Web3 teams and is on track to at least double that figure in 2023. The seed round has sparked excitement from an assortment of investors, seeing participation from Family Office, Venture Capital and HNW Angel investors alike.

In addition to closing their seed financing round, Contango has also added Eric Baum to its board. Eric Baum brings over twenty years of experience in advising executive leadership teams for both well-established Fortune 50 companies and emerging ventures. Eric currently serves as the Co-Founder / Managing Director of Solidea Capital, a private equity and venture advisory firm founded in 2006. He brings strong subject matter expertise in post-merger integration, corporate strategy, market positioning and start-up advisory services to the Contango team.


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