Faction

Established in 2022 and headquartered in Menlo Park, California, Faction is a venture capital firm specializing in investments within the cryptocurrency and blockchain sectors.

Samuel Harrison

Managing Partner

32 past transactions

MagicBlock

Seed Round in 2025
MagicBlock Labs is a gaming and technology firm that creates infrastructure for fully on-chain games.

Crossmint

Venture Round in 2025
Crossmint is the leading enterprise-grade developer platform to build onchain. Crossmint's suite of products includes wallets, tokenization, payments, and more; and powers 40,000+ companies and developers, including Fortune 500 companies and major brands like Mastercard, Adidas, Red Bull, Coinbase, Phantom, and more.

Plume Network

Series A in 2025
Plume Network develops a blockchain platform specializing in onboarding and managing diverse real-world assets. With over 180 projects on its private development network, it offers an end-to-end tokenization engine and collaborates with financial infrastructure partners to simplify asset onboarding and facilitate seamless integration with decentralized finance (DeFi) applications.

Rena Labs

Pre Seed Round in 2025
Rena Labs specializes in developing a computing platform focused on user-owned artificial intelligence (AI). The company's core offering is a trusted execution environment (TEE) abstraction middleware, designed to streamline the deployment and execution of verifiable AI use cases, particularly those involving blockchain. This platform aims to provide a secure, efficient, and scalable foundation for AI-driven solutions, bridging the gap between advanced AI applications and the need for trusted execution.

FLock.io

Venture Round in 2024
FLock.io develops a decentralized, privacy-preserving machine learning platform that uses blockchain-anchored coordination to enable federated learning. The company aims to make data collection obsolete and ensure governance by code, leveraging distributed ledger technology to power a secure, on-chain federated learning system. Its platform coordinates data holders to collaboratively train models, extract insights, and monetize results at their discretion, without centralizing raw data. By combining blockchain as a coordination layer with federated learning, FLock.io seeks to resolve tensions between data demand and data breaches, delivering a privacy-friendly, auditable ML workflow for Web 3.0.

Lens Protocol

Venture Round in 2024
Lens Protocol is a composable and decentralized social network serving the Web3 community. It enables creators to build their own web3 social media platforms and accounts, giving them control over their connections with their communities and also ownership over their content.

Avara Ventures

Venture Round in 2024
Avara Ventures operates as an investment firm.

Plume Network

Series A in 2024
Plume Network develops a blockchain platform specializing in onboarding and managing diverse real-world assets. With over 180 projects on its private development network, it offers an end-to-end tokenization engine and collaborates with financial infrastructure partners to simplify asset onboarding and facilitate seamless integration with decentralized finance (DeFi) applications.

Hyperbolic

Series A in 2024
Hyperbolic is a software development company specializing in web and networking solutions. It focuses on building decentralized computing platforms.

Fiamma

Seed Round in 2024
Fiamma builds the future of finance and the internet on bitcoin with ZK and BitVM2.

Schuman Financial

Seed Round in 2024
Schuman Financial is a technology company that specializes in developing and implementing blockchain-based solutions to digitalize and modernize European financial services.

Ammalgam

Seed Round in 2024
Ammalgam is a technology company that specializes in decentralized finance (DeFi). It has developed a unique platform, the Decentralized Lending Exchange (DLEX), which combines lending and trading functionalities into a single protocol. This innovative solution enables users to increase their yield, unlock new utility, and enhance capital efficiency by integrating these services without the need for oracles. The platform allows market makers to provide liquidity to and borrow from the same contract, making it a comprehensive and efficient tool for DeFi participants.

Pharos

Seed Round in 2024
Pharos incorporates effective blockchain technology into real-world asset verticals and decentralized finance. Pharos Network is promoting trustless innovations that benefit asset markets and underprivileged communities, bolstering the global economy of the future and facilitating the widespread use of Web3 technologies.

Space and Time

Series A in 2024
Space and Time is a decentralized analytics platform designed to facilitate low-latency queries and tamperproof analytics across the Web. The company provides a multichain data solution tailored for decentralized applications (dapps) and developers in sectors such as gaming and decentralized finance (DeFi). Its platform enables the integration of on-chain and off-chain data, allowing users to perform complex analytics in a single query. By transforming major blockchains into advanced databases, Space and Time empowers organizations to achieve enterprise-scale analytics while enhancing the speed and reliability of their data operations.

Stork Network

Seed Round in 2024
Stork Network provides decentralized data solutions for decentralized protocols.

Hyperbolic

Seed Round in 2024
Hyperbolic is a software development company specializing in web and networking solutions. It focuses on building decentralized computing platforms.

Nexus

Series A in 2024
Nexus is a research & engineering organization that develops products at the intersection of zero-knowledge cryptography, formal methods and high-performance computing, including the Nexus zkVM. Nexus is dedicated to enabling a new verifiable Internet.

WeatherXM

Series A in 2024
WeatherXM is a pioneering company that collects hyper-local weather data through a community of incentivized weather station owners. It leverages this decentralized network to provide accurate, real-time weather data tailored for Web3 businesses and the energy sector.

Turnkey

Series A in 2024
Turnkey specializes in providing secure wallet infrastructure for crypto developers. Its platform enables the management of private keys across various blockchains, facilitating transactions while maintaining robust security.

Figure Markets

Series A in 2024
Figure Markets is a pioneering firm that leverages blockchain technology to revolutionize private capital markets. Its digital asset platform facilitates trading, borrowing, and investment in various assets such as public equity, fixed-income securities, and alternative investments. The platform supports cross-collateralization across all assets, empowering investors to diversify their portfolios beyond traditional resources.

Taiko Labs

Series A in 2024
Taiko Labs is a cryptocurrency firm focused on developing a zero-knowledge Ethereum Virtual Machine (zkEVM) scaling solutions platform for the Ethereum Blockchain. The company's platform aims to enhance Ethereum's scalability by closely emulating its functionality, both technically and non-technically. It supports all Ethereum Virtual Machine (EVM) opcodes within a decentralized, permissionless, and secure layer-2 architecture, providing Ethereum developers with the necessary tools to execute blockchain projects effectively.

Puffer Finance

Seed Round in 2024
Puffer Finance operates a liquid staking platform designed to combat the over-centralization of Bitcoin staking. Its platform provides a safe, scalable, and performant stake pool that encourages decentralization, allowing liquidity seekers to participate with permissionless node operators while preventing slashable violations.

Pontem Network

Venture Round in 2024
Pontem Network is a product studio focused on developing foundational decentralized applications (dApps) for the Aptos blockchain. Its flagship product, the Pontem Wallet, is a secure wallet available on multiple platforms, including Chrome, Firefox, iOS, and Android, allowing users to store and send tokens on the Aptos network. The wallet is integrated with various services, including the Liquidswap decentralized exchange, NFT marketplaces like Topaz and Souffl3, and liquid staking platforms such as Ditto and Tortuga. Additionally, Pontem Network offers tools for developers, including the Move Playground browser code editor, the Move IntelliJ IDE plugin, and ByteBabel, a Solidity-to-Move code translator that enables Ethereum Virtual Machine compatibility on Aptos. Through these products, Pontem Network aims to facilitate innovation and support the growth of the Aptos ecosystem.

Tres

Series A in 2023
Tres is a developer of a financial platform specifically designed for managing and monitoring Web3 finance. The platform facilitates essential financial workflows, including reconciliation, balance calculation, audit, and reporting for Web3 assets throughout their lifecycle, from on-ramp to off-ramp. By automating these processes, Tres aims to alleviate the burden of manual spreadsheet work for finance teams, thereby enhancing operational efficiency in the rapidly evolving landscape of digital assets.

Puffer Finance

Seed Round in 2023
Puffer Finance operates a liquid staking platform designed to combat the over-centralization of Bitcoin staking. Its platform provides a safe, scalable, and performant stake pool that encourages decentralization, allowing liquidity seekers to participate with permissionless node operators while preventing slashable violations.

Helio

Seed Round in 2023
Helio is a developer of a Web3 payment platform that facilitates secure and convenient merchant payments for the decentralized finance (DeFi) economy. The company offers a solution that allows merchants, decentralized applications (dApps), and creators to accept cryptocurrency payments across multiple blockchain networks. Helio's platform is designed to simplify the payment process by providing APIs, libraries, and plug-ins that enable clients to receive payments quickly and at lower costs, eliminating the need for traditional card transactions. This approach not only ensures instant settlement for merchants but also enhances user privacy and enables frictionless checkouts.

Helio Fintech

Seed Round in 2023
At Helio Fintech Ltd, we are revolutionizing the way merchants and creators accept payments in the Web3 economy. Founded in January 2022, our mission is to empower e-commerce businesses by providing a secure and convenient platform for accepting DeFi payments across multiple blockchain networks, including Solana, Ethereum, and Bitcoin. With over 5,000 sellers and 400,000+ unique active wallets, we enable one-click crypto payments in USDC and hundreds of digital assets, ensuring friction-free checkouts and increased privacy for users. Our solution offers instant payouts and low fees, helping merchants maximize their revenue while reaching a new audience of crypto enthusiasts. We integrate seamlessly with leading digital platforms like YouTube, Discord, TradingView, and Magic Eden, making it easier for our partners to tap into the growing demand for crypto transactions. Join us as we power the future of payments for a decentralized world!

Econia Labs

Seed Round in 2023
Econia Labs develops a DeFi protocol on the Aptos blockchain. Its hyper-parallelized on-chain order book facilitates trading in decentralized finance, offering high-performance transaction execution and promoting financial inclusion.

Narya AI

Seed Round in 2023
Narya AI is building better AI productivity tools that deliver happiness and freedom, starting with Mumble Note: https://www.mumblenote.com/ Mumble Note is an AI voice note taker that let you talk freely about your ideas, todos and memories. Then use AI to turn your voice into structured, actionable notes instantly. Capture fleeting thoughts and never miss inspiration.

Skip

Seed Round in 2022
Skip is a blockchain company that provides infrastructure to help blockchains leverage Miner Extractable Value (MEV) for financial sustainability and improved user experiences. The company has developed a platform featuring a sealed-bid closed auction system, allowing traders to submit tipped transactions to validators. This system prioritizes these transactions at the top of blocks, facilitating long-term financial viability for blockchains. Additionally, it enables traders to implement more sophisticated and profitable trading strategies. Through its innovative approach, Skip aims to enhance the efficiency and effectiveness of blockchain transactions.

Blaze

Venture Round in 2022
Blaze is a San Francisco-based community CRM and analytics platform founded in 2022 that combines marketing automation with social customer relationship management. It enables organizations to recruit, activate, and engage users while automatically tagging and categorizing customer support issues to help teams identify bugs and prioritize features. The platform provides a centralized dashboard that brings together support, sales, and user data, along with templates that enable non-technical teams to explore data. By surfacing trends and flagging anomalies, Blaze supports product teams in making better decisions and aligning engagement with product development.

OpenFX

modern money movement
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