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Draper Associates

Draper Associates

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Draper Associates, founded in 1985, is a seed-stage venture capital firm that encourages entrepreneurs to drive their businesses to greatness, transforming industries with new technologies, and building platforms for extraordinary growth, job creation, and wealth creation.

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AIsa completes extended seed round financing, with strategic investments from Tether and HIVEN, bringing cumulative funding to over $9 million.

As reported by Cointelegraph, enterprise-grade AI agent infrastructure company AIsa has completed a seed round extension financing, with Tether and HIVEN joining as strategic investors, bringing its cumulative funding to over $9 million. Previous investors also include Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates, and Saison Capital.

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AIsa Completes Seed Extension Round with Strategic Investments from Tether and HIVEN, Total Funding Surpasses $9 Million

Enterprise AI agent infrastructure company AIsa has announced the completion of a seed extension round, with stablecoin issuer Tether and HIVEN joining as strategic investors. This round brings its cumulative funding to over $9 million.Tether and HIVEN join the existing investor lineup that includes Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates, and Saison Capital. AIsa founder and CEO Jordan Liu stated that the company will build infrastructure to support global discovery, access, and payment for resources by AI agents.AIsa's network integrates resource discovery, access, and transactions, connecting enterprise AI agents with external data, AI search, models, APIs, software tools, and industry services, while providing permission management, usage metering, billing, and settlement. (Cointelegraph)

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Tim Draper Reveals Why He Missed Investing in Coinbase Early On, Believing Crypto Market Was Too Early for Mainstream Adoption

Tim Draper, founder of Draper Associates, stated that his early decision not to invest in Coinbase was due to his judgment that widespread retail crypto adoption would still take a considerable amount of time, rather than a lack of belief in Coinbase co-founder and CEO Brian Armstrong.Tim Draper revealed that at the time, he had already invested in the early Bitcoin company Coinlab, which is why he initially did not invest in Coinbase. His son, Adam Draper, disagreed with this assessment and wrote the first check to Brian Armstrong. Tim Draper subsequently participated in Coinbase's next funding round. Coinbase was later founded by Brian Armstrong and Fred Ehrsam and grew into a crypto platform, listing on Nasdaq under the ticker symbol COIN.Tim Draper stated that Coinbase has become one of the representative investments of Draper Associates Fund V, with the returns from Coinbase alone nearly doubling the overall size of the fund.

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