Investor directory

Multicoin Capital

Multicoin Capital, established in 2017 and based in Austin, Texas, is a thesis-driven venture capital firm focused on long-term investments in tokens that aim to transform various sectors of the global economy. The firm is dedicated to facilitating the shift from centralized institutions of the industrial age to decentralized systems characteristic of the internet age. Multicoin Capital invests in emerging areas such as web3 infrastructure, decentralized finance, and decentralized autonomous organizations, with funding ranging from $5 million to $25 million for early-stage projects and up to $100 million for later-stage companies. The firm operates multiple funds, including Multicoin Capital Fund III and Multicoin Venture Fund II, underscoring its commitment to supporting innovative business models in the cryptocurrency and blockchain sectors.

Focus

Seed RoundBlockchainSeries AEarly VentureCryptoShow more
http://www.multicoin.capital.com
https://multicoin.capital
https://crunchbase.com/organization/multicoin-capital
https://facebook.com/multicoincapital
https://linkedin.com/company/24776833
https://pitchbook.com/profiles/fund/18170-11F
https://signal.nfx.com/firms/multicoin-capital
https://twitter.com/multicoincap
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=555539595

Tushar Jain

Managing Partner

Mable Jiang

Partner

John Robert Reed

Partner

Kyle Samani

Managing Partner

Matt Shapiro

Partner

Past deals in Blockchain

Fluence Labs

Series A in 2022
Fluence is an open-source, public, blockchain-based decentralized database platform. It connects computing devices into the network running managed database services and generalized backends, all the while using a cryptographic token as a digital payment system.

Dune Analytics

Series B in 2022
Dune Analytics AS is a data analytics platform focused on blockchain research, particularly for the Ethereum network. Founded in 2018 and based in Oslo, Norway, the company offers tools that enable users to query, extract, and visualize extensive data from the Ethereum blockchain. Its community-driven approach allows users to collaborate and share insights, making it a valuable resource for researchers, developers, and analysts in the blockchain space.

Beta Finance

Venture Round in 2021
Beta Finance is a permissionless money market protocol for lending, borrowing, and short-selling crypto assets. It aims to offset crypto volatility and bring market stability. Its one-click solution enables traders without technical know-how to manage and update their short positions on any token with all relevant token information directly available on the interface to guide their decision.

LayerZero Labs

Series A in 2021
LayerZero Labs is an omnichain interoperability protocol that unites decentralized applications (dapps) across disparate blockchains.

Archer DAO

Seed Round in 2021
Archer DAO helps its users increase their Ethereum mining revenue. Integrate in just 5 minutes, with one line of code. Start earning more today.

Dune Analytics

Series A in 2021
Dune Analytics AS is a data analytics platform focused on blockchain research, particularly for the Ethereum network. Founded in 2018 and based in Oslo, Norway, the company offers tools that enable users to query, extract, and visualize extensive data from the Ethereum blockchain. Its community-driven approach allows users to collaborate and share insights, making it a valuable resource for researchers, developers, and analysts in the blockchain space.

Superfluid Finance

Seed Round in 2021
Superfluid Finance is on a mission to transform the way assets move in decentralized finance.

Solana

Initial Coin Offering in 2021
Solana is a high-performance blockchain network designed for speed, security, and scalability, capable of processing up to 50,000 transactions per second. The platform supports a variety of applications, including distributed apps, marketplaces, and enterprise solutions, making it suitable for a wide range of industries. In addition to its blockchain infrastructure, Solana Ventures, founded in 2021 and based in San Francisco, focuses on venture capital investments within the gaming, digital assets, cryptocurrency, and blockchain sectors. This dual approach positions Solana as a significant player in the evolving landscape of decentralized technology and applications.

Tibles

Seed Round in 2021
Tibles operates a digital collecting ecosystem on the Flow blockchain, focusing on the value of ownership and the experience of collecting. The company has developed a trading platform that serves as a marketplace for digital non-fungible tokens (NFTs), enabling users to buy and sell unique digital collectibles. By collaborating with various brands, Tibles creates a diverse range of collectibles, including cards, comic books, sticker books, and multimedia objects. This platform not only facilitates transactions but also fosters a community among collectors, enhancing the overall experience of digital collecting.

Sommelier

Seed Round in 2021
Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators. Liquidity Providers (LPs) will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, as well as a host of other features that token holders have come to expect from centralized finance (CeFi), but that are not currently available in DeFi.

MathWallet

Series A in 2020
MathWallet is a multi-platform crypto wallet that supports more than 50 public blockchains and enables storage of Bitcoin and major altcoins like Ethereum, EOS, Tron and more. Additionally, it features cross-chain token exchanges, a multi-chain DApp store and operates nodes for PoS chain.

Braintrust

Venture Round in 2020
Braintrust is a decentralized freelancer marketplace that utilizes blockchain technology to link technical and design professionals with organizations seeking their expertise. Founded in 2018 in San Jose, California, by Adam Jackson, Gabriel Luna-Ostaseski, and Brian Flynn, Braintrust offers a user-controlled talent network that enables direct connections between businesses and top tech talent. By eliminating intermediaries, the platform provides significant cost savings for enterprises, charging a flat 10 percent project fee while allowing talent to retain 100 percent of their earnings. The company's mission is to revolutionize traditional hiring practices by redistributing value and aligning incentives between talent and organizations, ultimately creating a more efficient and equitable workforce ecosystem.

Dune Analytics

Seed Round in 2020
Dune Analytics AS is a data analytics platform focused on blockchain research, particularly for the Ethereum network. Founded in 2018 and based in Oslo, Norway, the company offers tools that enable users to query, extract, and visualize extensive data from the Ethereum blockchain. Its community-driven approach allows users to collaborate and share insights, making it a valuable resource for researchers, developers, and analysts in the blockchain space.

Perpetual Protocol

Seed Round in 2020
Perpetual Protocol is a decentralized trading platform specializing in perpetual contracts for a variety of assets. The protocol features an innovative Virtual Automated Market Maker (AMM) design, which facilitates leveraged trading for users. By creating a decentralized environment for trading, Perpetual Protocol aims to enhance market accessibility and efficiency while providing a safety net for virtual markets. This approach allows participants to engage in trading without relying on traditional intermediaries, thus promoting a more open and inclusive financial ecosystem.

Stardust

Seed Round in 2020
The Stardust Platform is a Blockchain SaaS that enables game publishers to easily create and implement blockchain assets into their games without having to worry about scalable blockchain infrastructure or writing code

The Graph

Funding Round in 2020
The Graph is the indexing and query layer of the decentralized web. Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. There is a hosted service in production that makes it easy for developers to get started building on The Graph, and the decentralized network will launch later this year. The Graph currently supports indexing data from Ethereum, POA, and IPFS, with more networks coming soon. To date, ~1,700 subgraphs have been deployed for dApps like Aragon, Uniswap, Synthetix, Balancer, Gnosis, Balancer, Livepeer, and Decentraland.

SKALE Labs

Venture Round in 2019
SKALE Labs, founded in 2015 and based in Atherton, California, develops a blockchain scalability platform that addresses the challenges of scalability in decentralized applications (dApps) and blockchain networks. The SKALE Network operates as a decentralized, open-source peer-to-peer network designed to facilitate high-speed consensus, enabling dApps to execute smart contracts at millions of transactions per second. This middleware layer enhances the interaction between dApps and various blockchain platforms, including Ethereum and EOS, by utilizing a utility token for staking and is supported by SKALE Mining nodes. By providing a robust protocol, SKALE Labs empowers developers to optimize the performance and scalability of their applications.

Solana

Series A in 2019
Solana is a high-performance blockchain network designed for speed, security, and scalability, capable of processing up to 50,000 transactions per second. The platform supports a variety of applications, including distributed apps, marketplaces, and enterprise solutions, making it suitable for a wide range of industries. In addition to its blockchain infrastructure, Solana Ventures, founded in 2021 and based in San Francisco, focuses on venture capital investments within the gaming, digital assets, cryptocurrency, and blockchain sectors. This dual approach positions Solana as a significant player in the evolving landscape of decentralized technology and applications.

Textile

Seed Round in 2019
Textile is building new digital experiences by focusing on user privacy, transparency, and decentralization.

The Graph

Seed Round in 2019
The Graph is the indexing and query layer of the decentralized web. Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. There is a hosted service in production that makes it easy for developers to get started building on The Graph, and the decentralized network will launch later this year. The Graph currently supports indexing data from Ethereum, POA, and IPFS, with more networks coming soon. To date, ~1,700 subgraphs have been deployed for dApps like Aragon, Uniswap, Synthetix, Balancer, Gnosis, Balancer, Livepeer, and Decentraland.

SKALE Labs

Venture Round in 2018
SKALE Labs, founded in 2015 and based in Atherton, California, develops a blockchain scalability platform that addresses the challenges of scalability in decentralized applications (dApps) and blockchain networks. The SKALE Network operates as a decentralized, open-source peer-to-peer network designed to facilitate high-speed consensus, enabling dApps to execute smart contracts at millions of transactions per second. This middleware layer enhances the interaction between dApps and various blockchain platforms, including Ethereum and EOS, by utilizing a utility token for staking and is supported by SKALE Mining nodes. By providing a robust protocol, SKALE Labs empowers developers to optimize the performance and scalability of their applications.

DFINITY

Venture Round in 2018
Dfinity Beacon Fund invests early in strong teams who can launch and grow the open internet services and decentralized financial systems of the future. The fund is managed by Polychain Capital with additional backing from Andreessen Horowitz and the DFINITY Foundation.

Nervos Network

Series A in 2018
Nervos Network provides a hybrid solution that combines public blockchain and an application chain that allows enterprise to build and deploy decentralized application without committing tech stack to the blockchain. The company was founded in 2018 and is based in Hangzhou, China.

Kadena

Funding Round in 2018
Kadena provides a hybrid blockchain platform, featuring the only sharded and scalable layer-1 PoW public network. Kadena solves the scaling challenges of Bitcoin and the security issues of Ethereum. Kadena's founders created JP Morgan's first blockchain and worked at the U.S. Securities and Exchange Commission. Kadena is live with partners including Cosmos and USCF (a $3 billion fund). For more information, visit www.kadena.io or follow @kadena_io on Twitter.

Tari Labs

Seed Round in 2018
Tari Labs, LLC is a company based in Oakland, California, that develops and operates a blockchain protocol focused on digital assets. Founded in 2018, the platform allows users to manage, utilize, and transfer a variety of digital assets, including tickets, loyalty points, and virtual goods. In addition to its core offerings, Tari Labs provides Aurora, a mobile payment wallet designed for the transfer of digital currency. The company's mission is to create a decentralized platform that enables individuals to produce and manage digitally scarce items that resonate with users.

o1Labs

Seed Round in 2018
O(1) Labs is a software development company working on Mina Protocol, a tiny, portable blockchain. The company uses cryptography and cryptocurrency to build computing systems that put people back in control of their digital lives. It addresses one of the fundamental challenges in cryptocurrency by creating the first succinct blockchain that enables decentralization at scale. O(1) Labs was founded in 2017 and is headquartered in San Francisco, California by Evan Shapiro and Izaak Meckler.

Kadena

Funding Round in 2018
Kadena provides a hybrid blockchain platform, featuring the only sharded and scalable layer-1 PoW public network. Kadena solves the scaling challenges of Bitcoin and the security issues of Ethereum. Kadena's founders created JP Morgan's first blockchain and worked at the U.S. Securities and Exchange Commission. Kadena is live with partners including Cosmos and USCF (a $3 billion fund). For more information, visit www.kadena.io or follow @kadena_io on Twitter.