Mapping out Avon Ventures' portfolio

Avon Ventures is a digital asset venture capital firm based in Boston, Massachusetts, and affiliated with FMR LLC, the parent company of Fidelity Investments. Although the two firms share the same parent company, Avon’s operations are completely separate from Fidelity's financial services. 

Led by Sachin Patodia, the fund's main area of focus to date has been geared toward companies that are enabling infrastructure firms for digital assets. While infrastructure has been the firm's core focus, it does expect to evolve as the sector evolves and new areas emerge, such as the recent rise of decentralized finance (DeFi).