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Raises
Morningstar Ventures
Total Investments54
Infrastructure10
Gaming9
DeFi8
NFT5
AI3
DEX2
L11
Social Platform1
Web31
Payments1
L21
Stablecoin1
L31
Scaling Solution1
RWA1
| Name | Round | Category | Description | Lead Investor | Chains | Other Investors | |||
|---|---|---|---|---|---|---|---|---|---|
| Watch.fun | Mar 25, 2026 | $8.6m | Seed | Social Platform | watch.fun, the on-chain platform that turns luxury watch collecting into a live, social entertainment experience | Crypto.com Capital, Solana Ventures | Morningstar Ventures, The Spartan Group, Animoca Brands, Big Brain Holdings, Griffin Gaming Partners, Orange DAO | ||
| OP NET | Mar 11, 2026 | $5m | Funding Round | Infrastructure | Building smart contracts on Bitcoin Layer 1 | Further Ventures | Arcanum Capital, Humla Ventures, UTXO Management, Bitcoin Opportunity Fund, G20 Ventures, Anagram, Morningstar Ventures | ||
| Pieverse | Oct 24, 2025 | $7m | Strategic | Payments | Pieverse is building Web3 payment and compliance infrastructure using on-chain invoices, receipts, and checks to make transactions verifiable and timestamped. It streamlines financial workflows with trustless, auditable records, bringing compliance-grade transparency to decentralized finance | Animoca Brands, UOB Venture Management | 10K Ventures, Signum Capital, Morningstar Ventures, Serafund, Undefined Labs, Sonic SVM | ||
| Synthr | Jan 14, 2025 | $10m | DeFi | Advanced cross-chain infrastructure - Built on Axelar and LayerZero_Core | Kronos Research, NGC Ventures, Morningstar Ventures | ||||
| KIP Protocol | Aug 16, 2024 | $5m | Private Round | AI | KIP Protocol serves as the decentralized foundation for AI models, applications, and data owners to securely transact and monetize in the Web3 environment | Animoca Ventures, Tribe Capital | MH Ventures, Morningstar Ventures, GBV Capital, DWF Ventures, Kyros Ventures, K300 Ventures, New Tribe Capital, ZBS CAPITAL | ||
| Nexio | Aug 8, 2024 | $2.2m | Pre-Seed | L2 | Parallelized Bitcoin Rollup | Lattice | HTX Ventures, Artichoke Capital, Morningstar Ventures, Sharding Capital, SNZ Holding, Sats Ventures, Wise3 Ventures, Danish Chaudhry, Paul Taylor, Santiago R Santos, Ruche Manche, Tim Wang, Paul Kim, R89Capital | ||
| Particle Network | Jun 20, 2024 | $15m | Series A | Infrastructure | modular Layer 1 blockchain focused on chain abstraction technology | The Spartan Group, Gumi Cryptos Capita | SevenX Ventures, Morningstar Ventures, Flow Traders, HashKey Capital, MH Ventures | ||
| defi.money | May 28, 2024 | Strategic | Stablecoin | Stablecoin & Global Liquidity Layer | Ryan Fang, Wego, C2tP, Winthrope, Michael Egorov, MrBlock, curvecap, DCF God, Charlie, Piers Kick, EllioTrades, Kinnif, GBV, Amplice, Ivangbi, LayerZero Angels, Morningstar Ventures, Onemandao, Alex Shin, Tetranode, wavey0x | ||||
| Tevaera | Apr 24, 2024 | $5m | Seed & Private | Gaming | A ZK Stack powered one-stop Gaming Ecosystem | Laser Digital | Hashkey Capital, Fenbushi Capital, Matter Labs, Draper Dragon, Crypto.com Capital, Cogitent Ventures, Faculty Group, DWF Labs, Morningstar Ventures, DCF God, Momentum6, GBV, Selini Capital, MapleBlock Capital, CoinSwitch Ventures, GD10 Capital, Aquanow | ||
| Shiba Inu | Apr 22, 2024 | $12m | Pre-Seed & Seed | L3 | Fully Homomorphic Encryption (FHE) blockchain | Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Comma3 Ventures, Foresight Ventures, Stake Capital Group, STIX, P2 Ventures, Cypher Capital, Illuminati Digital Capital, Kenetic, Primal Capital, Spirit DAO | |||
| Aark | Apr 17, 2024 | $6m | Seed | DEX | Leverage-Everything Perpetual DEX that taps into DeFi's most liquid sector: LRT | Hashkey Capital, OKX Ventures, Delphi Digital, Big Brain Holdings, Arrington Capital, Morningstar Ventures, Black Dragon, Apollo Crypto, Skyland Ventures, Cypher Capital, Quotient Ventures, CSP DAO, Metavest Capital, Lecca Capital, SkyVision Capital, Seed Thrift, RFD Capital, Crypto Discover, ArkGrow | |||
| Gull Network | Apr 13, 2024 | $1.6m | Private | Infrastructure | Gull streamlines crypto tokenization, offering a comprehensive, all-in-one platform that empowers users to launch successful digital assets effortlessly, no coding required. | OZARU Ventures, Morningstar Ventures | GBV Capital, MH Ventures, Banter Capital, Asteroid Capital, Andromeda Capital, Momentum6, Maven Capital, SkyVision Capital, Boxmining | ||
| XION | Apr 1, 2024 | $25m | Series A | L1 | L1 purpose built for mainstream adoption through Generalized Abstraction | Animoca Brands, Laser Digital, Multicoin Capital, Draper Dragon, Arrington Capital, Sfermion, GoldenTree, Mechanism Capital, The Spartan Group, Morningstar Ventures, KuCoin Ventures, Stateless Ventures, Selini Capital, Innovating Capital, Anti Capital, Hextrust, MH Ventures | |||
| Merkle Trade | Apr 1, 2024 | $2.1m | Seed | DEX | gamified perp DEX | Hashed, Arrington Capital | Morningstar Ventures, Aptos Labs, Amber Group, Re7 Captial, Dorahacks, Hashed | ||
| Gunzilla Games | Mar 26, 2024 | $30m | Strategic | Gaming | Battle royale game & gaming blockchain | CoinFund, Avalanche Foundation | Morningstar Ventures, Republic Capital | ||
| 0G Labs | Mar 26, 2024 | $35m | Pre-Seed | AI | Modular AI chain | Hack VC, Morningstar Ventures, AllianceDAO, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital Partners, OKX Ventures | |||
| Mystiko | Mar 20, 2024 | $18m | Seed | Infrastructure | ZK Layer of Web3 | Peak XV Partners | Samsung Next, HashKey, Mirana Ventures, Signum Capital, CoinList, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, Accomplice | ||
| ZeroLend | Feb 21, 2024 | $3m | Seed | DeFi | Lending Protocol | Momentum6, Blockchain Founders Fund, Morningstar Ventures, Banter Capital, Newman Capital, dVdT, Transform Capital, Cypher Capital, Bison Fund, Ozaru Ventures, iAngels, Krypital Group, Genblock Capital, ViaBTC Capital, GBV, Asteroid Capital, MrBlock, Pranav Sharma, Michael Gu, Avi Felman, Nick Rose | |||
| Ultiverse | Feb 14, 2024 | $4m | Strategic | Gaming | AI-powered platform for Web3 game creation | IDG Capital | $150m | Animoca Brands, Polygon Ventures, Morningstar Ventures, Jacob Ko, Taiko, Zetachain, DWF Ventures, Manta Network, Brevan Howard Digital, GGV Capital | |
| Kasu | Jan 11, 2024 | $3m | Seed | RWA | decentralised platform that bridges DeFi Liquidity Providers and Real World Yield Providers | Woodstock, Morningstar Ventures, Faculty Group | |||
| Ringfence | Jan 9, 2024 | $1.5m | Seed | Infrastructure | infrastructure to create, store, protect, and monetize creator's media | Rarestone Ventures, Morningstar Ventures | |||
| Moove Protocol | Dec 20, 2023 | Seed | NFT | SHARE Protocol, powering the next generation of products and experiences in a multiplayer digital economy | Morningstar Ventures | ZBS CAPITAL, Alpha Protocol Ventures, Let’s Go Ventures, NxGen, Antiga Capital, Vijay Pravin Maharajan | |||
| AIT Protocol | Dec 12, 2023 | Private | AI | AI data infrastructure | Morningstar Ventures, Megala Ventures, Contango Digital Assets, Momentum6, basementDAO, Alpha Protocol Ventures |