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Raises
Polychain Capital
Total Investments168
DeFi41
Infrastructure23
L118
AI11
L29
CeFi5
Liquid Restaking Protocol3
Centralized Exchange3
Zero Knowledge Industry3
DEX3
Analytics3
Trading2
DePIN2
Game2
Liquid Staking Protocol2
NFT2
Digital Identity2
Smart contract security2
MEV1
Stablecoin1
Mining1
Gaming1
Web31
RWA1
Privacy Infrastructure1
Social Platform1
Insurance1
| Name | Round | Category | Description | Lead Investor | Chains | Other Investors | |||
|---|---|---|---|---|---|---|---|---|---|
| Nava Labs | 14 Apr 2026 | $8.3m | Seed | AI | Nava is a middleware verification layer for AI agent transactions that ensures on-chain actions match intended instructions before execution. It uses arbiter-based validation, escrow, and a coordination layer to improve safety, correctness, and reliability for autonomous DeFi operations | Polychain Capital, Archetype, Hack VC, FalconX, Seed Club Ventures, Blocksec | |||
| VeryAI | 12 Mar 2026 | $10m | Seed | AI | Building the first-ever Proof of Reality. Verify human ownership of AI agents | Polychain Capital | Anagram, Berggruen Holdings | ||
| DAWN | 18 Dec 2025 | $13m | Series B | DePIN | DAWN is a decentralized wireless internet provider built on Solana that delivers broadband access through a user-operated network. Participants contribute bandwidth and earn rewards, enabling cost-effective internet coverage in underserved and remote areas. | Polychain Capital | Archetype | ||
| ETHGAS | 17 Dec 2025 | $12m | Seed | DeFi | ETHGas is a marketplace for trading Ethereum blockspace commitments and base fee exposure. It uses a centralized order book for matching while securing collateral and validator commitments through non-custodial smart contracts, combining efficient execution with on-chain settlement and risk management | Polychain Capital | BlueYard Capital, Stake Capital, SIG DT Investments, KeyRock, Node Capital, TokkaLabs, Amber Group, BTCS Inc. | ||
| Cascade | 09 Dec 2025 | $15m | CeFi | Cascade is a neo-brokerage platform offering 24/7 access to perpetual markets for crypto, U.S. equities, and private assets through a unified margin account. It supports both fiat and stablecoin funding to combine traditional and digital asset markets in a single interface | Polychain Capital, Variant Fund, Coinbase Ventures, Archetype | ||||
| Seismic | 12 Nov 2025 | $10m | Privacy Infrastructure | Seismic is an encrypted blockchain platform that uses secure hardware to provide encrypted global state, memory access, and data flow. This design enables developers to build privacy-focused decentralized applications—including exchanges, lending protocols, auctions, stablecoins, and launchpads—by restructuring the blockchain stack around secure enclaves for stronger confidentiality and data protection | a16z crypto | Polychain Capital, Amber Group, TrueBridge, Dao5, LayerZero | |||
| Grass | 07 Oct 2025 | $10m | AI | Grass is a decentralized data layer for AI, powered by a Sovereign Data Rollup. Over 2 million users contribute unused internet bandwidth through Grass nodes, helping AI developers access structured web data. The rollup—made of nodes, routers, validators, and a ZK processor—transforms raw web data into usable datasets, giving everyday users a stake in AI’s growth and preventing centralized control | Polychain Capital, Tribe Capital | ||||
| Aria Protocol | 03 Sep 2025 | $15m | Seed | RWA | Founded in 2025, Aria is the first protocol to bring iconic real-world IP—starting with music—onchain as liquid, revenue-generating tradable tokens. Built on Story, Aria transforms cultural assets into IP Real-World Assets (IPRWAs). Retail investors access income-producing IP through Aria. Early offerings include partial rights to works performed by Justin Bieber, Miley Cyrus, and BLACKPINK. Aria enables investors to access IP rights and earn real-world revenue from avenues such as streaming. Looking ahead, Aria will include programmable IP and power a permissioned remix economy, where smart contracts govern how IP is licensed, monetized, and remixed—laying the financial rails for the next era of the IP economy. | Polychain Capital, Story Protocol, Neoclassic | |||
| M0 | 28 Aug 2025 | $40m | Series B | DeFi | M^0 is decentralized money middleware that allows institutions to issue cryptodollars | Polychain Capital, Ribbit Capital, Endeavor | |||
| Neon Machine (SHRAPNEL) | 13 Aug 2025 | $19.5m | Game | SHRAPNEL, integrates tactical gameplay with digital ownership, featuring a community marketplace and tools for crafting and inventory management | Gala Games | Polychain Capital, Griffin Gaming Partners | |||
| Billions Network | 31 Jul 2025 | $30m | Digital Identity | Billions is a privacy-preserving, blockchain-based identity verification platform that utilizes zero-knowledge proofs and mobile-first NFC-enabled document checks to establish trusted identities for both humans and AI agents, scalable across global jurisdictions without storing personal data | Polychain Capital, Polygon, Coinbase Ventures, Liberty City Ventures, BITKRAFT Ventures | ||||
| Concrete Protocol | 23 Jun 2025 | $9.5m | DeFi | Concrete is an appchain designed to enhance on-chain debt and credit, offering higher yields, liquidation protection, and advanced predictions within the DeFi space | Polychain Capital | YZi Labs, VanEck, Decima, Portal Ventures, Halo Capital , Leadblock Fund, Auros Global, Selini Capital, Gate Ventures, Presto Labs, Curved Ventures, Pivot Global, Nonce Classic, Renzo, Crypto Discover, Baboon VC, FounderHeads VC, BitGo, MrBlock, DCF God, Sam Kazemian | |||
| Glow Finance | 23 Jun 2025 | $9.5m | Strategic | DeFi | Glow Finance is a Solana-based DeFi platform focused on providing capital-efficient, institutional-grade financial solutions through innovative primitives like margin accounts and yield vaults | Polychain Capital | YZi Labs, VanEck, Decima, Halo Capital | ||
| DogeOS | 06 May 2025 | $6.9m | L1 | DogeOS is an open-source cloud and app infrastructure layer for Dogecoin, combining SmartOS tech with virtualization and orchestration for scalable dApp deployment | Polychain Capital | ||||
| Warlock Labs | 27 Mar 2025 | $8m | Seed | MEV | Warlock is an omni-chain liquidation engine designed to enhance the safety and profitability of decentralized protocols by recapturing maximal extractable value (MEV) | Polychain Capital | Greenfield Capital, TRGC, Reciprocal Ventures, Symbolic Capital, Ambush | ||
| Level | 18 Mar 2025 | $2.6m | Strategic | DeFi | Level is a stablecoin protocol powered by restaked dollar tokens like USDT and USDC | Dragonfly Capital | Polychain Capital, Flowdesk, Blockchain Founders Capital | ||
| Seismic | 06 Mar 2025 | $7m | Seed | Infrastructure | a16z crypto | Polychain Capital, 1kx, Dao5, NGC Ventures | |||
| Ethena Labs | 24 Feb 2025 | $100m | Private | DeFi | Ethena is a synthetic dollar protocol built on Ethereum | Franklin Templeton Investments, Pantera Capital, Polychain Capital, Dragonfly Capital, STIX, F-Prime Capital | |||
| Fluent Labs | 19 Feb 2025 | $8m | Seed | L2 | Fluent is an Ethereum Layer 2 network | Polychain Capital | Primitive Ventures, Dao5, MH Ventures, Symbolic Capital, Builder Capital, Nomad Capital, Public Works, The Rollup, Balaji Srinivasan, Gate Ventures | ||
| Superform Labs | 12 Dec 2024 | $3m | Strategic | DeFi | Universal Yield Marketplace | VanEck | Polychain Capital, CMT Digital, Maven 11, Amber Group, Node Capital, BlockTower Capital, Heartcore Capital, UpTop | ||
| Hyperbolic | 10 Dec 2024 | $12m | Series A | AI | Hyperbolic is an AI cloud platform that unites global compute resources to provide accessible, affordable, and scalable GPU resources and AI services | Variant, Polychain Capital | Lightspeed Faction, GSR, Bankless Ventures, IOSG Ventures, Chapter One, Vertex Ventures, Blockchain Builders Fund, Wintermute Ventures, Alumni Ventures, Ambush | ||
| Talus Network | 26 Nov 2024 | $6m | Strategic | L1 | a high-throughput blockchain protocol designed for decentralized AI agents | Polychain Capital | $150m | Foresight Ventures, Animoca Brands, Geek Cartel, MH Ventures, Aspen Digital, Sudo Research, Echo | |
| Monkey Tilt | 20 Nov 2024 | $30m | Series A | Gaming | Monkey Tilt is an online gambling platform that merges cryptocurrencies with gaming | Pantera Capital | Mirana Ventures, Hack VC, Polychain Capital, Accomplice, Dream Ventures, PokerGO |