Semantic Ventures is a venture capital fund that invests in early-stage startups building new rails and infrastructure for data and the digital economy, including open markets and networks. Its portfolio includes companies such as Centrifuge, NuCypher, StarkWare Industries, Superfluid Finance, Rated, and Sorare. The fund was co-founded in 2017 by Alexander Shelkovnikov, formerly Head of Corporate Venturing at Deloitte, and Stefano Bernardi. Semantic Ventures is headquartered in St. Albans, United Kingdom.