Electric Capital

Electric Capital is a crypto asset management firm founded in 2018 and based in Palo Alto, California. The company specializes in investing in programmable money through both liquid and illiquid tokens that serve as emerging stores of value, rooted in innovative technology. Its founders include technology entrepreneurs, engineers, and seasoned investors who have a strong track record in the tech industry, having previously launched six companies (five of which were acquired) and invested in over 100 startups with significant market capitalizations. The team has extensive experience from notable technology companies such as Facebook, Google, and Twitter and has been personally investing in cryptocurrencies since 2013, demonstrating early support for Bitcoin, Ethereum, and Monero. Electric Capital operates as a Registered Investment Adviser (RIA) and focuses on opportunities within the blockchain and cryptocurrency sectors across the United States.

Ken Deeter

General Partner

Mitchell Hammer

Analyst

Thuan Le

Partner and Head of Founder Platform

Maria Shen

Partner

Past deals in Ethereum

Hibachi

Seed Round in 2025
Hibachi is a technology company that specializes in developing decentralized trading protocols. Its core focus is to enhance the security and transparency of trading operations for professional traders, utilizing advanced zero-knowledge (zk) mathematics. The platform aims to simplify trading by providing features such as proof of solvency, AI-assisted trading, multi-collateral support, and transparent market infrastructure.

Bitwise

Venture Round in 2025
Bitwise is a specialized asset manager focused on cryptocurrency investments for individuals, investment managers, and institutions. The company provides a diverse range of investment solutions, including index funds, yield and alpha strategies, multi-strategy offerings, and separately managed accounts. Bitwise emphasizes the importance of security and liquidity, implementing modern protective measures for assets. Its platform is designed to facilitate rules-based exposure to the cryptocurrency market, helping clients navigate the complexities of digital assets while aligning with their investment objectives.

Ava Protocol

Seed Round in 2024
Ava Protocol is a blockchain payment automation platform that facilitates private autonomous transactions across various applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming. The platform utilizes an event-driven execution model that allows for the automation of transactions based on specific triggers, such as time, price fluctuations, and updates to smart contracts. By offering features like scheduled and recurring payments, stop-loss orders, and streaming rewards, Ava Protocol enhances the functionality of decentralized applications. It supports cross-chain transactions, enabling developers to efficiently schedule and automate processes across different blockchains, including Ethereum, while maintaining user privacy and ensuring reliable execution.

Squads

Series A in 2024
Squads is a developer of a decentralized program that enables the establishment of better and easier decentralized autonomous groups. The company's application combines all of the key components of a decentralized autonomous organization, such as deployment, treasury, vault management, on-chain voting, and chat, into a single portal with an easy-to-use interface, allowing users to streamline daily operations using a decentralized autonomous organization structure.

Delegate

Seed Round in 2024
Delegate is a company that specializes in enhancing the security of on-chain identities and the management of digital assets, including NFTs and ERC20 tokens. It has developed a decentralized registry that safeguards digital assets through innovative features. The platform allows users to securely manage their vaulted NFTs, claim airdrops, and prove ownership directly from their hot wallets. By providing these services, Delegate enables NFT holders to protect their assets and engage in various opportunities within the digital asset ecosystem.

Espresso Systems

Seed Round in 2022
Espresso Systems specializes in providing scaling and privacy solutions for Web 3 applications, focusing on the innovative area of shared sequencing within blockchain technology. This involves the use of sequencers that verify and batch transactions on layer-2 blockchains before sending them to a layer-1 chain, such as Ethereum, for settlement. Additionally, Espresso Systems develops online transaction technology aimed at enhancing the online payment industry, offering infrastructure that facilitates secure and efficient online interactions. Their solutions cater to the needs of clients in the online transaction sector, contributing to the advancement of the third generation of the World Wide Web.

Ava Protocol

Seed Round in 2022
Ava Protocol is a blockchain payment automation platform that facilitates private autonomous transactions across various applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming. The platform utilizes an event-driven execution model that allows for the automation of transactions based on specific triggers, such as time, price fluctuations, and updates to smart contracts. By offering features like scheduled and recurring payments, stop-loss orders, and streaming rewards, Ava Protocol enhances the functionality of decentralized applications. It supports cross-chain transactions, enabling developers to efficiently schedule and automate processes across different blockchains, including Ethereum, while maintaining user privacy and ensuring reliable execution.

ConsenSys

Series C in 2021
ConsenSys, established in 2015 by Ethereum co-founder Joseph Lubin, is a leading Ethereum software company focused on Web3. It offers a suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which serve millions of users and support billions of blockchain-based queries. ConsenSys enables developers and enterprises worldwide to build next-generation applications and access the decentralized web, fostering business adoption and growth of the Ethereum ecosystem. Additionally, ConsenSys Academy, its educational arm, bridges the Ethereum knowledge gap globally for ecosystem development.

Aurora

Series A in 2021
Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users. Aurora was founded in 2021 and is based in Kyiv, Ukraine.

Visor Finance

Seed Round in 2021
Visor Finance operates a decentralized platform that focuses on active liquidity management within the decentralized finance sector. Its platform enables users to leverage smart vaults for liquidity mining and asset management across various decentralized finance protocols and exchanges. By facilitating the implementation of strategies for reinvesting fees and distributing protocol revenue, Visor Finance aims to help users maximize their returns while minimizing the risks associated with impermanent loss. This innovative approach positions Visor Finance as a key player in enhancing user engagement and profitability in the rapidly evolving DeFi landscape.

Hashflow

Seed Round in 2021
Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across various leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Utilizing an intent-based smart order routing system, Hashflow provides traders with optimal prices and access to over $8 billion in liquidity, facilitating trades of any token in a matter of seconds. Since its launch in April 2021, the platform has achieved more than $18 billion in total trade volume. The Hashflow team comprises seasoned professionals from diverse backgrounds, including technology, finance, and entertainment sectors. The company is supported by notable investors and venture capital firms, enhancing its position within the blockchain ecosystem. Hashflow aims to blend centralized order matching with decentralized custody and settlement solutions, offering users a hybrid trading experience that emphasizes non-custodial options.

Gitcoin

Venture Round in 2021
Gitcoin, established in 2017 and headquartered in Boulder, Colorado, operates a platform that connects open-source developers with funding opportunities. The platform, built on the Ethereum network using Solidity, enables developers to monetize their work in various programming languages, including Python, Rust, Ruby, JavaScript, and Solidity. Gitcoin fosters a symbiotic relationship between developers, maintainers, and financiers, promoting the growth of open-source projects and the community. The company's grants management platform offers decentralized allocation infrastructure and smart contract-based funding mechanisms, facilitating efficient capital distribution and community-driven innovation within blockchain ecosystems.

Kraken

Secondary Market in 2021
Kraken is a prominent cryptocurrency exchange founded in 2011 that facilitates spot and futures trading for Bitcoin, Ethereum, and over 40 other digital assets. With a client base exceeding 7 million, Kraken plays a significant role in the mainstream adoption of cryptocurrencies by providing a marketplace where buyers, sellers, traders, and speculators can exchange digital currencies against traditional national currencies such as USD, EUR, CAD, and JPY. The platform caters to various user needs, offering services like an Over-the-Counter (OTC) desk for larger trades, advanced charting tools for technical analysis, and APIs for automated trading. Additionally, Kraken ensures comprehensive customer support with 24/7 live chat assistance, enhancing the user experience for both novice and experienced traders.

DerivaDEX

Seed Round in 2020
DerivaDEX is a community-governed derivatives exchange designed to enhance performance and autonomy while ensuring the security of a decentralized platform. Built on the Ethereum blockchain, it employs a liquidity-mining token model that empowers users to engage actively in the governance and operations of the exchange. Utilizing an open order book and on-chain settlement for trades, DerivaDEX aims to create a next-generation trading environment. Its native token facilitates user participation and supports the exchange's decentralized structure, combining advanced technology with community oversight.

Elrond

Seed Round in 2019
Elrond Ltd is a blockchain technology company founded in 2017 and headquartered in Malta. It develops a public blockchain network that employs adaptive state sharding to achieve high throughput and low latency without compromising security and decentralization. Elrond's platform is designed to handle over 15,000 transactions per second with a latency of just six seconds and a minimal transaction cost of $0.001. The company aims to create a global, transparent, and non-inflationary financial system, providing easy access to anyone, anywhere. By establishing over 60 collaborations and partnerships, Elrond is actively expanding its ecosystem, enhancing its utility, and enabling various applications to utilize its advanced technology.

ThunderCore

Series A in 2019
ThunderCore operates a high-performance public blockchain compatible with the Ethereum Virtual Machine (EVM). It employs a proprietary consensus protocol called PaLa, which addresses scalability challenges and enables rapid transaction processing at over 4,000 TPS with confirmation times under one second. The network's native currency, TT, facilitates secure and low-cost transactions, with gas fees costing less than a fraction of a cent. ThunderCore serves an international user base across over 190 countries, supporting decentralized applications (dApps) with enhanced security and scalability.

ThunderCore

Seed Round in 2018
ThunderCore operates a high-performance public blockchain compatible with the Ethereum Virtual Machine (EVM). It employs a proprietary consensus protocol called PaLa, which addresses scalability challenges and enables rapid transaction processing at over 4,000 TPS with confirmation times under one second. The network's native currency, TT, facilitates secure and low-cost transactions, with gas fees costing less than a fraction of a cent. ThunderCore serves an international user base across over 190 countries, supporting decentralized applications (dApps) with enhanced security and scalability.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.