Solid World Partners With Greycroft
Solid World is pleased to announce a new partnership with Greycroft, a global firm with investments headquartered in 19 countries around the world. In the United States, it has companies headquartered in 30 states.
Greycroft invests across a broad range of Internet sectors with portfolios currently grouped into four verticals: Consumer Internet, Fintech, Digital Health, and Enterprise Software.
In a statement announcing the partnership, Solid World Chairman Stenver Jerkku said, “Greycroft is all about redefining the Internet economy. They have created a community in over 19 different countries that consist of 250 diverse teams. This community can help to accelerate Solid World’s DAO mission and we are very glad to have them with us on this journey!”
Greycroft also issued a statement on the partnership.
“We see a very strong value alignment between Greycroft and Solid World. Our firm invests in founders of all backgrounds who lead companies at any stage,” said Will Szczerbiak, Greycroft partner and co-lead of Fintech team. “Solid World has a similar mindset when it comes to leveraging blockchain technology to support climate innovators around the planet who are developing promising decarbonization projects. Our FinTech team and everyone here at Greycroft is excited about this partnership.”
Solid World DAO is creating a transparent carbon market that will enable the pre-funding of high-quality sequestration-based carbon projects to help them get off the ground. The platform will also enable the commodification of carbon credits, and provide much-need liquidity to the carbon economy. Solid World aims to allow users to trade many different types of pre-purchased carbon credits from agricultural, reforestation, and blue carbon sources.