Castle Island Ventures

Castle Island Ventures is a Boston-based venture capital firm founded in 2018, specializing in investments exclusively within the public blockchain sector. The firm focuses on supporting infrastructure and application companies that are poised to facilitate the adoption of blockchain technology for a broader user base. Through its early-stage venture capital fund, Castle Island Ventures II, the firm targets investments in the financial services, information technology, and cryptocurrency sectors, aiming to support around 20 startups. By concentrating on transformative protocols, Castle Island Ventures seeks to empower innovative services that could reach the next billion users.

Ria Bhutoria

General Partner

Nic Carter

Co-Founder & Partner

Sean Judge

General Partner

Matthew Walsh

Co-Founder & Partner

Past deals in New Jersey

blockfi

Series C in 2020
BlockFi, Inc. is a financial services company that specializes in cryptocurrency wealth management. Founded in 2017 and based in Jersey City, New Jersey, BlockFi offers a range of products designed for crypto investors. Its flagship offering is the BlockFi Interest Account, which allows users to earn interest on their Bitcoin, Ether, and Gemini Dollar holdings. The company also provides secured loans to clients who collateralize their loans with cryptocurrency, facilitating liquidity for both individuals and institutions. Additionally, BlockFi operates a trading platform that enables the exchange of various cryptocurrency pairs and offers customizable lending solutions. With a focus on enhancing financial accessibility and transparency in the digital asset space, BlockFi aims to meet the evolving needs of its clients while ensuring secure management of their crypto assets through a registered custodian.

Manetu

Seed Round in 2020
Manetu, Inc. develops a consumer privacy management (CPMSM) platform. It offers The Manetu CPMSM, a platform that acts as an infrastructure for the end-to-end management of the private information to provide the service to the users’ customers. The company’s platform is also used for collaborating with the customers to manage all their sensitive data; enables users’ customers to determine what data they will share and for how long. Manetu, Inc. was incorporated in 2019 and is based in Ridgewood, New Jersey.

blockfi

Series B in 2020
BlockFi, Inc. is a financial services company that specializes in cryptocurrency wealth management. Founded in 2017 and based in Jersey City, New Jersey, BlockFi offers a range of products designed for crypto investors. Its flagship offering is the BlockFi Interest Account, which allows users to earn interest on their Bitcoin, Ether, and Gemini Dollar holdings. The company also provides secured loans to clients who collateralize their loans with cryptocurrency, facilitating liquidity for both individuals and institutions. Additionally, BlockFi operates a trading platform that enables the exchange of various cryptocurrency pairs and offers customizable lending solutions. With a focus on enhancing financial accessibility and transparency in the digital asset space, BlockFi aims to meet the evolving needs of its clients while ensuring secure management of their crypto assets through a registered custodian.

DUST Identity

Series A in 2019
DUST Identity, Inc. develops an authentication system technology that utilizes nano-diamonds to create an unclonable identity layer on any object for any supply chain. It also provides an optical scanner and cloud-based infrastructure that provides an interface to the object identity. DUST Identity, Inc. was formerly known as Diamond Nanotechnalogies, Inc. The company was founded in 2011 and is based in Framingham, Massachusetts with an additional office in Princeton, New Jersey.

DUST Identity

Seed Round in 2018
DUST Identity, Inc. develops an authentication system technology that utilizes nano-diamonds to create an unclonable identity layer on any object for any supply chain. It also provides an optical scanner and cloud-based infrastructure that provides an interface to the object identity. DUST Identity, Inc. was formerly known as Diamond Nanotechnalogies, Inc. The company was founded in 2011 and is based in Framingham, Massachusetts with an additional office in Princeton, New Jersey.