| Moonray Game | Oct 3, 2024 | $4.75m | | Game | Multiplayer action-RPG | Animoca Brands, Cardano, Polygon Ventures | | | |
| Fabric Cryptography | Aug 19, 2024 | $33m | Series A | Hardware | developing Verifiable Processing Unit - the chip for programmable cryptography | Blockchain Capital, 1kx | | | Offchain Labs, Polygon Ventures, Matter Labs |
| Pentagon Games | Aug 8, 2024 | $6m | Seed | Gaming | web3 game developer | | | | Animoca Brands, Binance Labs, HyperEdge, NFX, Polygon Ventures, Republic, The Spartan Group, Tess Ventures, YGG Fund |
| 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 |
| Sortium | Apr 11, 2024 | $4m | Seed | AI | web3 generative AI platform | Signum Capital | | | ARK Investment Management, IDG Blockchain, IVC, Polygon Ventures, 1881 S Group AG |
| Illuvium | Mar 27, 2024 | $12m | Series A | Gaming | IBG (Interoperable Blockchain Game), an open-world exploration, NFT creature collector and autobattler game | | | | Arrington Capital, King River Capital, Animoca Brands, The Spartan Group, GoldenChain, Arca, Selini Capital, Laser Digital, Polygon Ventures, 32-bit Ventures, Yield Guild Games, N8.capital, First.vip |
| Inco | Feb 21, 2024 | $4.5m | Seed | L1 | a modular confidential computing Layer-1 blockchain powered by fully homomorphic encryption (FHE) and secured by Ethereum | 1kx | | | Circle Ventures, GSR, Polygon Ventures, Robot Ventures, AllianceDAO, Matter Labs, Portal Ventures, Daedalus, Big Brain Holdings, Symbolic Capital Partners, Fenbushi Capital, Tarun Chitra, Yi Sun, Jon Kol, bonustrack87, Kartik Talwar, Don Ho, Kenzi, Will Price, Henri Stern, Dovey Wan, Scott Moore, Calvin Liu |
| 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 |
| Clusters | Feb 1, 2024 | $9m | Seed | | Omnichain naming service protocol | | | | Electric Capital, Arca, Variant Fund, Collab+Currency, Arrington XRP Capital, Bloccelerate, Palm Tree Crew, Mask Network, Coinbase Ventures, Polygon Ventures, MetaStreet |
| Farcana | Dec 14, 2023 | $10m | Seed | Gaming | third-person multiplayer shooter game | | | | Animoca Brands, Polygon Ventures, Fenbushi Capital, Merit Circle, Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, Dravus Investment |
| NodeKit | Dec 13, 2023 | $1.2m | Pre-Seed | Infrastructure | performance-focused shared sequencer called SEQ | Borderless Capital | | | Blizzard Fund, Polygon Ventures, Wormhole Crosschain Ecosystem Fund, Anarug Arjun, Xavier Meegan, Brian Johnson, Graham Friedman |
| Mocaverse | Dec 8, 2023 | $11.88m | Series A+ | Web3 | empowerment layer for Web3 culture and entertainment, facilitating seamless onboarding and sustained growth for Web3 projects | Animoca Brands | | | Block1, OKX Ventures, Foresight Ventures, Polygon Ventures, Dapper Labs |
| Babylon | Dec 7, 2023 | $18m | | Liquid Staking Protocol | Bitcoin Staking Protocol | Polychain Capital, Hack VC | | | Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital Partners, Breyer Capital, Symbolic Capital Partners, IOSG Ventures, Cluster Capital, Primitive Ventures, L2IV, Geek Cartel, Chainfund Capital, web3.com, ABCDE, Evan Cheng, Deian Stefan, Yaoqi Jia |
| NexGami | Oct 6, 2023 | $2m | Seed | Gaming | GameFi platform | | | | Polygon Ventures, Fundamental Labs, Ledger Capital |
| Phaver | Oct 5, 2023 | $7m | Seed | Web3 | web3 onboarding platform | | | | Polygon Ventures, Nomad Capital, Symbolic Capital Partners, dao5, Foresight Ventures, Alphanonce, F.actor, Superhero Capital, SwissBorg, Kyros Ventures, Ripio Ventures, Ankr |
| Gam3s.gg | Sep 7, 2023 | $2m | Seed | Gaming | web3 games | | | | Mechanism Capital, Polygon Ventures, Double Peak, ArkStream Capital, LD Capital, ROK Capital, Hyperithm, SNACKCLUB, Emurgo Ventures, Eden Ventures, MixMarvel DAO Venture, 4SV, CommonWealth Capital, Venly Ventures, TKX Capital, SkyVision Capital, Compute Ventures, MarketAcross |
| D8X | Aug 4, 2023 | $1.5m | Pre-Seed | DEX | institutional-grade decentralized exchange (DEX) for derivatives | | | | Polygon Ventures, Axelar, SwissBorg |
| Cosmic Wire | Jul 19, 2023 | $30m | Seed | Infrastructure | web3 infrastructure provider | Polygon Ventures, Solana Foundation | | | |
| Opolis | Jul 13, 2023 | $6.6m | Strategic | Web3 | Opolis operates as a digital employment cooperative for independent workers. | Greenfield Capital | | | Draper Associates, NEAR Foundation, Polygon Ventures |
| Tegro | Jun 26, 2023 | | Seed | NFT | NFT20 Exchange | Polygon Ventures | $100m | | |
| Intuition | Jun 15, 2023 | $4m | Seed | Digital Identity | Decentralized Identity Protocol | Superscrypt | | | Shima Capital, Matrixport, ConsenSys, WWVentures, Tangent, Primal Capital, Open Web Collective, ArkStream Capital, GSR, Polygon Ventures, Avon Ventures, Orange DAO, The Lao, Fight Club, DAO Jones, Punk DAO |
| Connext | Jun 14, 2023 | $7.5m | Strategic | L2 | Modular interoperability protocol for fast, trust-minimized communication between chains & L2s | | $250m | | Polychain Capital, Coinbase Ventures, NGC Ventures, Ethereal Ventures, Polygon Ventures, IOSG Ventures, Fenbushi Capital, KXVC, A Capital, No Limit Holdings, 1kx, Hashed, Factor Capital, Dokia Capital, Scalar Capital |
| Mnemonic | Jun 14, 2023 | $6m | Seed | NFT | NFT Data & intelligence platform | Salesforce Ventures | | | Polygon Ventures, Orange DAO, Fin Capital, FJ Labs |
| Aether Games | May 9, 2023 | $4.5m | Seed | Gaming | web3 gaming studio | | | | Mysten Labs, Polygon Ventures, Magic Eden, Polkastarter, Cogitent, Ultra, GSR, Emurgo, Master Ventures, Eclipse |
| OpenTrade | May 4, 2023 | $1.5m | Seed | | on-chain structured financial products for web3 treasuries and institutions | Sino Global | | | Circle Ventures, Kronos Ventures, Kyber Ventures, Polygon Ventures, Outlier Ventures |
| Polytrade | Mar 30, 2023 | $3.8m | Seed | DeFi | Web3 protocol focused on global trade | Alpha Wave, Matrix Partners, Polygon Ventures, CoinSwitch Ventures | | | Singularity Ventures, GTM Ventures |
| Phi | Feb 17, 2023 | $2m | Seed | Gaming | Web3 social gaming onboarding platform | Chapter One, Delphi Digital | | | Polygon Ventures, Stani Kulechov, Anthony Sassano, Ryan Sean Adams, David Hoffmann, Kartik Talwar, Scott More, Tim Beiko, Makoto Inoue, 0xmons, Zefram |
| Nefta | Feb 16, 2023 | $5m | Seed | Infrastructure | Web3 infrastructure | Play Ventures | $32.5m | | Polygon Ventures, SevenX Ventures, Sfermion, Picus Capital |
| Neopets | Jan 19, 2023 | $4m | | Gaming | GameFi platform | | | | Polygon Ventures, Blizzard Fund, Hashkey Capital, IDG Capital, NetDragon |
| SYKY | Jan 17, 2023 | $9.5m | Series A | NFT | Web3 Fashion Platform | Seven Seven Six | | | Brevan Howard Digital, Leadout Capital, First Light Capital Group, Polygon Ventures |
| Arrakis Finance | Dec 19, 2022 | $4m | Seed | DeFi | a decentralized market-making protocol | | | | Uniswap Labs Ventures, Accel, Polygon Ventures, Robot Ventures |
| Revel | Dec 19, 2022 | $7.8m | Seed | NFT | Social Collectibles Platform | Dragonfly Capital | | | USV, Sfermion, 6th Man Ventures, Gaingels, WAGMI Ventures, Alumni Ventures, Global Impact Ventures, Hansa Labs, Polygon Ventures |
| Forum3 | Dec 9, 2022 | $10m | Seed | NFT | branded digital collectible | Decasonic | | | Bloccelerate, Liberty City Ventures, Arca, Polygon Ventures, Valor Siren Ventures |
| Heroic Story | Nov 17, 2022 | $6m | Seed | | web3 gaming and entertainment studio | Upfront Ventures | | | Multicoin Capital, Polygon Ventures, Jonathan Lai, Wolfgang Hammer |
| Virtualness | Nov 16, 2022 | $8m | Seed | | Mobile-first platform making blockchain and web3 accessible for creators | Blockchange Ventures | | | Polygon Ventures, F7 Ventures, Micron Technology, Oceans Ventures, Neythri Futures Fund, Carolyn Everson, Nuseir Yassin |
| VenturePunk | Nov 2, 2022 | $1.5m | Pre-Seed | | Web3 venture studio and builder community | | | | PunkDAO, The Lao, Bufficorn Ventures, Erick Calderon, Devin Finzer, Bain Capital Crypto, ConsenSys, Polygon Ventures |
| NiftyApes | Nov 1, 2022 | $4.2m | Seed | | Liquidity protocol for NFTs | Variant, FinTech Collective | | | Robot Ventures, Polygon Ventures, Coinbase Ventures, The Lao, Flamingo DAO, Ryan Sean Adams, David Hoffmann, Eric Conner, Anthony Sassano, Cyrus Younessi, DC Investor, James Young, James Duncan, Nadav Hollander, Brendan Forster, SuperRare, Rarible |
| Airstack | Oct 20, 2022 | $3m | Pre-Seed | Infrastructure | Web3 developer platform | | | | Fenbushi Capital, Polygon Ventures, Crescent City Capital, Resolute Ventures, WestWave Capital, Animal Ventures, Genblock Capital, Ww Ventures, David Choi, NGC Ventures |
| Spindl | Oct 19, 2022 | $7m | Seed | | Web3 attribution | Dragonfly Capital, Chapter One | | | Polygon Ventures, Solana Ventures, Balaji Srinivasan, Anthony Pompliano, Dan Romero, Ryan Selkis, Multicoin Capital, Arjun Sethi, Furqan Ridhan, South Park Commons, Eric Seufert, Auren Hoffman, Mike Eisenberg, Messari Crypto, Magna Tokens, Bruno Faviero |
| Eclipse | Sep 27, 2022 | $6m | Pre-Seed | | Rollup | Polychain Capital | | | Tribe Capital, Tabiya, Galileo, Polygon Ventures, The House Fund, Accel |
| Immunefi | Sep 22, 2022 | $24m | Series A | Smart contract audits | Bug Bounty | Framework Ventures | | | Electric Capital, Polygon Ventures, Samsung Next, North Island Ventures, Third Prime Ventures, Lattice Capital |
| Magna | Sep 15, 2022 | $15m | Seed | | Token management | Tiger Global Management, Tusk Venture Partners | $70m | | Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche Labs, Alchemy Ventures, Galaxy Digital, Balaji Srinivasan, Ryan Selkis, Steve Aoki |
