Polychain Capital

Polychain Capital is a San Francisco-based venture capital firm that invests in blockchain technologies and the blockchain assets sector. It supports protocols and companies in the blockchain space and aims to advance the global adoption of cryptocurrencies. The firm manages actively managed portfolios of blockchain assets to generate returns for investors.

Bobby Beniers

Research Partner

Olaf Carlson-Wee

Founder and CEO

Jeffrey Maganis

Investor

Niraj Pant

General Partner

Ben Perszyk

Partner

Past deals in Alaska

Spacemesh

Venture Round in 2018
Spacemesh is a layer‑one blockchain protocol that emphasizes permissionless decentralization and environmental sustainability. It employs a Proofs of Space‑Time consensus mechanism that leverages unused disk space for computation, allowing participants to contribute without significant resource consumption. The network uses a directed acyclic graph topology instead of a traditional chain, and its collaborative mining approach eliminates leader election and lottery‑based incentives. The platform is open source and supports general‑purpose smart contracts at web‑scale, providing a fair, secure, and self‑healing global computer for decentralized applications.
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