Fulgur Ventures is a venture capital and growth-capital firm focused on building the Bitcoin economy worldwide. The firm backs Bitcoin infrastructure, universal payments, Bitcoin savings applications, and cybersecurity initiatives, investing from pre-seed to pre-IPO. It operates with a thesis that Bitcoin is a fixed-supply, neutral monetary network and supports civilization-wide adoption through globally distributed, Bitcoin-native capabilities. Fulgur offers capital, a robust network, and strategic guidance to founders with global ambitions, including an Asia-focused arm to back early-stage startups across the region. Headquartered in Wilmington, Delaware, the firm maintains a global footprint and engages with portfolios across diverse geographies. Its approach combines capital and ecosystem-building to help startups navigate regulatory and market developments in the cryptocurrency space.

Sats Ventures is a venture capital firm focused on investing in innovative projects within the Bitcoin ecosystem and beyond, backing startups across pre-seed to private rounds and supporting efforts such as AI-powered payment networks, Bitcoin multi-sig protocols, layer-2 scaling solutions, stablecoins, blockchain infrastructure, decentralized finance, on-chain asset management, Bitcoin credit platforms, and DEX aggregators, with a goal of backing ambitious founders pushing forward digital finance and decentralized technology, guided by a team of experienced professionals.

Digital Currency Group is a corporate venture capital and investment firm based in Stamford, Connecticut, that builds and supports bitcoin and blockchain companies by providing insights, networks, and access to capital. The company operates core platform assets including CoinDesk, Genesis Trading, and Grayscale Investments, and pursues investments in fintech, bitcoin, web3 infrastructure, platforms, decentralized finance, data, metaverse, and other blockchain-related sectors.

Pantera Capital is a United States-based investment firm focused on blockchain technology and digital assets, including Bitcoin and other cryptocurrencies. Founded in 2003 by Dan Morehead, the firm began as a macro hedge fund and shifted in 2014 to crypto-focused investing and advisory services. Headquartered in Menlo Park, it manages billions in assets and has been a pioneer in the U.S. crypto space, including launching the first U.S. cryptocurrency fund in 2013 and the first blockchain-focused venture fund. Pantera pursues venture equity, liquid tokens, and early-stage token strategies, backing a global portfolio of blockchain companies and token projects, with a meaningful share of activity outside the United States.

Sora Ventures is a venture capital firm based in Taipei, Taiwan, focused on blockchain and digital assets in Asia, conducting early-stage investments, incubation, advisory services, secondary trading, and organizing blockchain conferences to support ecosystem development.

Polychain Capital is a San Francisco-based venture capital firm founded in 2016 that invests in blockchain protocols and companies, with a focus on information technology, fintech, and blockchain sectors, aiming to advance global adoption of cryptocurrencies.

Waterdrip Capital is a Shanghai-based venture capital firm established in 2017 that operates as a global investment institution focused on Web3, artificial intelligence and cutting-edge hardware. It backs more than 200 projects across AI, high-performance computing, the Bitcoin ecosystem, DePIN, real-world assets, and compliant finance, with a particular emphasis on AI compute and the potential of Bitcoin as digital oil. The firm draws on senior practitioners with experience in blockchain technology, finance and research to evaluate and support portfolio companies. Waterdrip Capital also publishes insights on AI, Web3, Bitcoin technologies and the crypto sector, reflecting its active engagement in the evolving technology landscape.

Founded in 2015, Ego Death Capital is a venture capital firm based in Austin, Texas. It focuses on the blockchain and Bitcoin ecosystem, investing in companies and projects within this space, including Bitcoin layer 3 projects.

Stillmark is a venture capital firm based in Los Angeles, founded in 2019, that funds companies building Bitcoin and blockchain infrastructure and related technologies across fintech, information technology, and SaaS. It backs startups advancing the bitcoin ecosystem, including cryptography and Lightning Network innovations, and has invested in Amboss Technologies, Alpen Labs, and Casa. The firm engages in industry discussions and research to support the development of Bitcoin-related businesses.

ParaFi Capital is an asset manager and technology-driven investment firm founded in 2018. It operates multi-strategy offerings focused on the digital asset and blockchain ecosystem, including public markets with tokens and related instruments and private markets targeting early- and growth-stage blockchain-native companies. The firm employs research-driven, engineering-led teams to support research, trading and portfolio management and builds technology infrastructure for investment workflows. ParaFi serves institutional clients globally and emphasizes idiosyncratic opportunities, disciplined risk management, and strong product-market fit. Headquartered in Greenwich, Connecticut, with a collaborative hub in New York City, the firm has over $2.0 billion in assets under management as of December 31, 2025.

Kingsway Capital is a financial services firm authorized and regulated by the Financial Conduct Authority in the United Kingdom, operating through two entities named Kingsway Capital Partners and Kingsway Capital. It offers investment management services to clients and provides regulatory disclosures as part of its operations. The organization is based in London.

MH Ventures is a London-based, globally oriented early-stage venture capital firm focused on Web3 and open infrastructure. Founded in 2021, it invests across B2B, B2C, energy, financial services, information technology, blockchain, fintech, and software-as-a-service sectors, with a founder-focused approach that supports the growth of the Web3 ecosystem. The firm backs projects and protocols redefining value creation, coordination, and trust through decentralized networks and blockchain infrastructure. It emphasizes insights into evolving on-chain trends and adjacent fields such as DePIN, prediction markets, and crypto-energy convergence, reflecting a commitment to cryptography, composability, and community-owned networks. By prioritizing technically rigorous teams and early-stage opportunities, MH Ventures aims to accelerate adoption of open infrastructure and decentralized technologies worldwide.

Portal Ventures is a venture capital firm focused on early-stage investments in the cryptocurrency sector, including blockchain infrastructure, DeFi, and Web3 applications. Founded in 2022, it partners with crypto builders and protocols to support business model design, go-to-market strategy, and fundraising at pre-seed and seed stages, acting as trusted thought partners for founders. The team blends crypto-native insight with traditional finance discipline to lead first checks and assist portfolio companies through key inflection points. In addition to investing, Portal Ventures produces research to articulate its theses and market perspectives, while its portfolio comprises a curated set of pre-seed and seed investments across blockchain infrastructure, DeFi, and Web3 projects.

Concentric is a European venture capital firm, founded in 2013 and based in London with an office in Copenhagen, that backs early-stage, software-driven technology companies across Europe. The firm focuses on sectors including financial services, mobility, real estate, industrials and logistics, and typically invests €0.5–5 million per company, with a growth-capital and Series B orientation. Concentric emphasizes active partnership, offering hands-on support and leveraging its European technology network to help portfolio companies scale.

Boost VC is a San Mateo, California-based early-stage venture capital firm founded in 2012 by Adam Draper and Brayton Williams. It concentrates on deep-tech startups that combine hardware and software, investing in sectors such as aerospace, robotics, biotechnology, health tech, artificial intelligence, cryptocurrency, energy, climate, defense, and immersive technologies like augmented and virtual reality. The firm emphasizes rapid support for disruptive teams at the pre-seed and seed stages and is known for leading initial rounds to help portfolio companies accelerate development and scale. By backing ventures with the potential to reach large markets and improve the lives of many people, Boost VC aims to fund technologies capable of delivering substantial social and technical impact.

Castle Island Ventures is a venture capital firm based in Boston, Massachusetts, founded in 2018. It specializes in the public blockchain ecosystem, investing in infrastructure and application companies that enable blockchain protocols to scale and reach broader adoption. The firm supports entrepreneurs building cryptocurrency and blockchain technologies, providing capital and strategic guidance to help startups develop services for a growing user base.

Mirana is a global investment firm specializing in Web3 technologies. It offers investment, advisory and legal services and operates Mirana Ventures, a venture capital arm that provides long-term capital and strategic partnerships to early-stage and emerging founders and fund managers. The firm typically invests from Pre-Seed to Series C, with check sizes generally ranging from 1 million to 40 million, and supports portfolio companies with operations, growth, product development and ecosystem connections. Its investment thesis centers on a decentralized and tokenized future, prioritizing decentralization, growth, category-defining projects, and risk management. Mirana seeks opportunities in areas such as new financial infrastructure, stablecoins, agentic commerce and identity/privacy to advance fintech and Web3 ecosystems.

Side Door Ventures is a global, generalist venture capital firm founded in 2020 and based in San Francisco, with a distributed team including founders, biotech scientists, space engineers and growth experts, backing audacious founders developing technologies across software, life sciences, space, frontier tech, blockchain, gaming, fintech, SaaS, manufacturing and financial services, offering strategic input, technical perspective and operational guidance drawn from experience in biotechnology, engineering and product development, aiming to transform industries and improve lives by supporting early-stage and fast-growing companies with hands-on support and a broad network.

Samara Asset Group is a Malta-based investment firm focused on crypto assets and technology opportunities, including blockchain, artificial intelligence and biotech. Founded in 2018, the firm pursues exposure to high-growth disruptive sectors and is described as managing a broad portfolio of over 700 companies. Some profiles describe Samara as a global holding company leveraging Bitcoin as a treasury reserve asset and aiming to democratize access to innovative technologies while supporting the growth of alternative asset managers.

FJ Labs is a New York-based venture capital firm that focuses on marketplaces and consumer-facing startups. It is stage-agnostic, backing seed and Series A rounds, with an investment range of fifty thousand to five million dollars. Founded in 2015 by Fabrice Grinda, the firm leverages its network and experience in the marketplace sector to support founders aiming for rapid growth. The firm maintains a broad portfolio across e-commerce, on-demand services, fintech, and related technologies, with notable investments in Alibaba, Coupang, Delivery Hero, Beepi, BrightRoll, Betterment, Adore Me, and Earnest. FJ Labs emphasizes partnerships with visionary founders and uses its sector expertise to help portfolio companies scale and achieve expansion.

L2 Iterative Ventures is the Web3 investment arm of L2 Capital Management, focused on early-stage blockchain projects. The company provides not only capital but also technical expertise, network access, and collaborative partnerships to support blockchain architects from concept to global impact. It invests across blockchain infrastructure, Layer 2 scaling solutions, decentralized exchanges, and DeFi protocols, including zero-knowledge proofs, data availability layers, and novel scaling approaches for Ethereum and Bitcoin. L2 Iterative Ventures also publishes research on cryptocurrency trends and blockchain technology to inform its investment theses.

Blockchain Founders Fund is a Singapore-based early-stage venture capital firm focused on blockchain, Web3, metaverse, gaming, DeFi, and NFTs. It invests in top-tier startups globally and runs a go-to-market oriented venture program that provides end-to-end support from ideation to scaling. The firm emphasizes a founder-first approach and offers venture-building services, strategic guidance, and resources to help portfolio companies grow and navigate disruptive trends across technology and digital assets.

Hivemind Ventures is an early-stage venture capital firm based in San Francisco that invests in Layer 2 and Layer 3 bitcoin startups.

Off The Chain Capital is an investment firm established in 2016 that focuses on blockchain and digital-asset investments. It applies a value-oriented, long-only approach inspired by Graham/Dodd and Warren Buffett, aiming to deliver downside protection while participating in upside growth within the blockchain sector. The firm targets family offices, endowments, and foundations seeking diversification in digital assets and emphasizes disciplined risk management and portfolio diversification. It seeks to outperform Bitcoin with reduced downside exposure and maintains a disciplined, unleveraged stance. The company provides disclosures of its holdings and positions itself as a steward of capital seeking sustainable, long-term exposure to blockchain opportunities.

Hard Yaka is a venture capital firm based in Crystal Bay, Nevada, established in the early 2010s. It focuses on technology investments and aims to drive universal access to fundamental services such as payments, digital identity, and communications. The firm backs early-stage technology companies, including those building payments platforms, digital identity solutions, and related financial infrastructure, as part of a broader interest in digital transformation and regulatory tech. Through its portfolio, Hard Yaka has supported numerous startups across payments, digital identity, and banking sectors.

Paradigm is a research-driven technology investment firm based in San Francisco that funds and builds in crypto, AI, robotics, and other frontier technologies. Founded in 2018, it supports unconventional founders at every stage and combines deep technical research with hands-on development alongside teams shaping the frontier. The firm backs category-defining crypto protocols and software projects that reshape how people transact, build, and compute, and it promotes open-source collaboration through programs that engage builders from the ground up.

Signum Capital is a Singapore-based investment firm founded in 2017 that focuses on distributed ledger technologies and crypto assets. It backs DeFi and Web3 projects, including liquidity infrastructure and payment innovations such as Bitcoin-stablecoin payments, with the aim of driving blockchain-enabled socioeconomic transformation and a more open, trustless economy. The firm supports founders in deploying their ideas and accelerating product adoption beyond the crypto community, pursuing a long-term vision of open Internet infrastructure and efficient, decentralized markets through active investments in pioneering companies and protocols.

WAGMI Ventures is a web3 and cryptocurrency focused venture network that connects startups to a dense ecosystem of executives, angels, and venture capitalists to facilitate introductions, strategic guidance, and access to capital for early-stage companies. The organization provides investment and advisory services and leverages its network to support fundraising, hiring, and business development, with guidance on areas such as tokenomics and go-to-market strategy. It has deployed over $25 million across more than 130 companies and maintains a large membership, underscoring its role as a collaborative resource for venture growth. Based in Irving, Texas and founded in 2022, the firm concentrates on early-stage rounds typically ranging from about 100,000 to 1.5 million.

Big Brain Holdings is a Weston, Florida-based investment firm founded in 2021 that pursues a multi-strategy approach to early-stage technology ventures. It invests in B2B software, fintech, cryptocurrency, blockchain, gaming, DeFi, and Web3, with a particular emphasis on Solana projects, and backs founders in emerging areas such as crypto, AI, robotics, and other deeptech. The firm operates with a conviction-based mindset, supports radical ideas, and engages in content creation to explore topics like decentralized AI and the impact of Web3. It seeks partnerships with projects seeking capital, talent, or collaboration.

Sygnum is an international digital asset banking group founded in Switzerland and Singapore. It provides regulated services for institutional and retail clients, including digital asset banking, custody, trading, tokenization, and lending, along with asset management and B2B banking capabilities. The company operates secure, compliant infrastructure supported by licenses in its founding jurisdictions and focuses on trust, technology, and regulatory compliance to enable digital asset adoption across banks, corporates, and asset managers. It also offers settlement and custody solutions, off-exchange custody options, and staking services to generate yields within a regulated framework, aiming to connect traditional finance with the digital asset economy.

Winklevoss Capital is a venture capital firm that makes early-stage investments in technology companies and provides a full-service approach to helping portfolio firms grow. Founded in 2012 and based in New York, with an additional office in Wilmington, Delaware, the firm focuses on disruptive startups in software, cloud computing, and financial technology, partnering with a selective group of companies to fund ideas and accelerate scale.

Serena Capital is a Paris-based European venture capital firm founded in 2008 that backs bold entrepreneurs building innovative companies in Europe and North America. It focuses on early-stage investments in deep tech, enterprise software, marketplaces and entertainment, generally pursuing rounds from pre-seed to Series A. Serena emphasizes an investment-operating model, drawing on a large network of operators and specialists to assist portfolio companies with product, structuring and international growth, and maintains an active startup community through the Serena Squad, a group of C-level executives. The firm concentrates on AI, SaaS, climate tech, digital transformation and impact, and has invested in more than 100 startups, including Dataiku, Malt, The Fork, Lifen and AramisAuto. It manages multiple funds such as Serena II and Serena III, reflecting an ongoing commitment to building resilient, world-class companies through long-term support and proven playbooks.

HV Capital, formerly Holtzbrinck Ventures, is a Munich-based venture capital firm founded in 2000 that invests in European technology startups across all stages, from seed to growth. It partners with founders to support long-term company development by providing capital, strategic guidance, and access to its network, and it backs digital sector companies across software, fintech, healthcare, and consumer technology through multiple funding rounds. With offices in Berlin and Munich, HV Capital emphasizes active involvement to help portfolio companies scale.

CMT Digital is a Chicago-based venture capital firm and the corporate venture capital arm of Capital Markets Trading. It focuses on blockchain technology, crypto assets, and related financial technology sectors, pursuing early-stage and strategic investments to accelerate blockchain adoption. Drawing on a background as electronic trading pioneers, the firm operates with a global reach and emphasizes regulatory compliance and governance, including SEC-registered status as a crypto manager and investment adviser. CMT Digital applies deep technology, finance, and consulting expertise to support portfolio companies in fintech, blockchain, financial services, and related software and infrastructure.

IOSG Ventures is a Hong Kong-based venture capital firm founded in 2017 that pursues a thesis-driven, crypto-native approach to backing early-stage Web3 projects. It supports founders building infrastructure, middleware, security, and consumer-facing social apps, with a portfolio spanning base layer and layer-2 protocols such as Polkadot, NEAR, Arbitrum, and StarkWare; DeFi and DeFi-related ecosystems like 1inch, 0x, UMA; gaming and social applications including BigTime, Illuvium, Roll, Galaxy, CyberConnect; and other Web3 leaders such as Arweave, Cosmos, Celestia, and Mina. The firm emphasizes community-friendly protocols and long-term support, and operates an accelerator program called IOSG Kickstarter offering early-stage funding up to $100,000 plus mentorship and network access. IOSG also engages in industry events and collaborates with advisors from notable projects to advance the growth of Web3 ecosystems.

Web3.com Ventures is a Singapore-based venture capital firm founded in 2013 that invests in web3 and related technologies. The firm pursues equity and crypto opportunities across AI, developer tools, foundational infrastructure, decentralised finance, cryptocurrency, scalability, asset managers, and privacy technologies, with emphasis on supporting early-stage startups building foundational layers and applications for the decentralized web. It aims to back founders reshaping technology and daily life by providing capital and strategic guidance throughout a company's lifecycle.

Sapphire Ventures is a software-focused venture capital firm that partners with management teams and venture funds to back companies with the potential to become category leaders. It invests globally across growth and expansion stages, with a focus on enterprise software and AI-enabled platforms, and supports portfolio companies beyond capital through its Portfolio Growth team, which provides strategic resources, tools, and services to help leaders scale. The firm emphasizes hands-on involvement in go-to-market, operations, and leadership, and facilitates talent introductions and customer connections for portfolio companies. Since its founding in 1996 and its evolution into an independent firm in 2011 (rebranding in 2014), Sapphire has built a global footprint with offices in Austin, London, Palo Alto, and San Francisco, and has a track record of numerous IPOs and acquisitions across its portfolio. The approach combines investing with operational value and ecosystem leverage to help portfolio companies scale toward leadership in the software industry.

Newman Capital is a proprietary venture capital firm headquartered in Hong Kong with a footprint across APAC and North America. Founded in 2021, it focuses on early-stage startups in consumer applications, development enablers, and blockchain infrastructure, with emphasis on Web3 and digital assets. The firm seeks aspirational founders and leverages its networks to provide access to resources that help portfolio companies scale, supporting technologies that enhance global connectivity and foster decentralized economies.

Founders Fund is a San Francisco-based venture capital firm that invests in science and technology companies across all stages, with a focus on transformational technologies and long-term impact. It backs startups addressing difficult problems in sectors such as aerospace, artificial intelligence, energy, information technology, software, advanced manufacturing and defense-related tech, and it emphasizes a founder-friendly approach that provides support with minimal interference. The firm has backed prominent companies including SpaceX, Palantir, Facebook and Airbnb, reflecting a history of early backing for high-growth ventures. Founders Fund seeks global opportunities and partners with entrepreneurs to navigate rapid technological change, from seed to growth investments.

TPC Ventures is a Panamanian venture capital firm founded in 2021 that focuses on Web 3.0 and cryptocurrency startups, with a strong emphasis on Latin American market access. The firm has backed more than 50 startups across over 25 countries, including unicorns, and follows an investment approach that prioritizes ambitious teams, groundbreaking innovation, operational execution, and community building. It operates with a multi-disciplinary team across leadership, finance, technology, legal, and community management to provide both financial and human capital to accelerate growth in the ownership economy. TPC Ventures engages with industry events to connect with potential partners and investors and aims to advance the development of open internet infrastructure and the broader Web 3.0 ecosystem.

Taisu Ventures is a global venture capital firm that backs early-stage Web3 and blockchain startups. It maintains a chain-agnostic stance, investing in both token and equity across sectors such as DeFi, gaming, AI, and infrastructure. Beyond capital, it provides hands-on support in business development, engineering, and financial management to help portfolio companies scale.

Craft Ventures is a San Francisco-based venture capital firm specializing in early-stage and growth technology investments. It backs founder-led teams across sectors such as enterprise software, consumer technology, and financial services, focusing on scalable and durable business models. The firm blends entrepreneurial experience with investment insight through a team of former founders, operators, and investors who favor practical, high-value collaboration. Craft Ventures aims to help portfolio companies scale by providing strategic guidance and access to senior talent, with a focus on emerging technologies. Notable investments include ElevenLabs and Comfy, reflecting an interest in AI-enabled and platform-driven startups.

Moonrock Capital is a venture capital firm founded in 2019 that focuses on early-stage investments in blockchain and cryptocurrency projects. Based in Europe, with activity in London, Hamburg, and Munich, it emphasizes first-check conviction and provides hands-on operational support to startups, leveraging a decade of industry experience and key relationships to help emerging ventures accelerate growth.

Maelstrom is a Hong Kong-based investment firm operating as a family office and venture capital vehicle. It builds long-term portfolios across venture, liquid, private equity, and public markets, focusing on infrastructure companies and assets that will form the foundation of the next wave of trustless decentralization. The firm backs high-conviction opportunities ranging from early-stage equity and token investments to private and public market positions, leveraging the experience and network of having previously built one of the industry's first profitable unicorns.

Karatage is an investment firm and venture capital firm based in London, United Kingdom. It was founded in 2017.

Ribbit Capital is a Palo Alto-based venture capital firm founded in 2012 that invests in financial services and fintech companies worldwide. It backs startups building infrastructure, platforms, or tools to transform how financial services are delivered, accessed, or experienced, with activity in lending, payments, insurance, banking, and digital assets. The firm also invests in information technology, mobile, and insurance technology sectors as part of its broad fintech focus, supporting early- to growth-stage companies that aim to disrupt financial services.

ABCDE is a venture capital firm based in Singapore that invests in blockchain, Web3, and crypto infrastructure. The company backs innovative founders developing modular infrastructure, scaling solutions, and Web3 gaming ecosystems, with portfolio examples including aPriori, Arch Network, Bitlayer, and UTXO Stack. ABCDE engages with the crypto community through podcasts on topics such as Bitcoin, Solana, Layer 2 solutions, and macro trends, and organizes events like BTC Demo Day and ZK Hackathon to connect startups with potential investors. The firm focuses on supporting transformative blockchain ventures and aims to drive the evolution of the sector.

Draper Dragon is a venture capital firm founded in 2006 and based in San Mateo, California. It specializes in early‑stage technology investments with a cross‑border focus linking Silicon Valley and Asia, including offices in the United States, Shanghai, and South Korea. The firm concentrates on web3, blockchain, and other emerging technologies, seeking to back technically capable founders building scalable companies. Its portfolio includes investments across digital asset exchanges, payment providers, DeFi protocols, and blockchain‑based platforms, reflecting a track record of more than 100 portfolio companies. It has supported activity in real‑world asset tokenization and crypto infrastructure through partnerships such as a Cardano ecosystem collaboration via the Orion Fund. Draper Dragon leverages its global network to add strategic value beyond capital.

Plassa Capital is a venture capital firm based in Los Angeles that focuses on early-stage blockchain and cryptocurrency companies, investing at pre-seed and seed stages. Its thesis covers DeFi, decentralized and traditional finance infrastructure, and AI-driven consumer applications. It supports portfolio companies through an operator network, mentorship, and accelerator programs to help transform the crypto ecosystem and build transformative protocols and companies for the evolving financial landscape.

Tykhe Ventures is an investment firm based in Gurgaon, India, focused on supporting AI-first innovators and entrepreneurs building world-class technology companies. It backs early-stage teams with strategic capital and hands-on support across product development, go-to-market strategy, and scaling, guiding ventures from their initial code to global growth. The firm seeks founders who design AI-native workflows and business models, investing across sectors such as healthcare, fintech, developer tools, and enterprise automation, provided AI is central to the product. With operators and builders at the helm, Tykhe Ventures emphasizes technical clarity, bold leadership, and long-term partnerships rooted in trust and transparency.