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8 Decimal Capital

North America, California, United States, San Francisco

Description

8 Decimal Capital is a San Francisco-based multi-strategy investment firm established in 2017, with a dedicated focus on the rapidly evolving blockchain and cryptocurrency sectors. The firm distinguishes itself through its dual investment approach, deploying capital into both token-based projects and traditional equity stakes in promising blockchain companies. This comprehensive strategy allows 8 Decimal Capital to engage with the crypto ecosystem across various entry points, from foundational infrastructure to decentralized applications, reflecting a deep understanding of the industry's unique dynamics.

The firm primarily targets early-stage opportunities, actively participating in seed, pre-seed, and Series A funding rounds. Their investment thesis centers on identifying innovative projects with strong technological foundations, robust teams, and significant potential for long-term growth and adoption within the decentralized web. While based in the United States, 8 Decimal Capital maintains a global perspective, seeking out and supporting pioneering blockchain ventures worldwide. Their strategic involvement often extends beyond mere capital provision, offering portfolio companies valuable guidance on market strategy, tokenomics, and ecosystem development.

8 Decimal Capital boasts an impressive portfolio that includes some of the most prominent names in the blockchain space. Their early backing of projects like Polkadot, Solana, dYdX, and The Graph underscores their foresight and ability to identify future industry leaders. With over 100 investments listed on platforms like Crunchbase, the firm has demonstrated a consistent commitment to fostering innovation in the Web3 landscape. Their track record highlights a strategic vision aimed at supporting the foundational technologies and applications that are shaping the next generation of the internet. The firm's long-term commitment to the blockchain space positions them as a key player in the venture capital ecosystem for digital assets.

Investor Profile

8 Decimal Capital has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Initial Coin Offering rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Switzerland.
  • Strong thematic focus on Blockchain, FinTech, Cryptocurrency.
  • Typical check size: $250K – $3M.

Stage Focus

  • Seed (33%)
  • Series Unknown (24%)
  • Initial Coin Offering (19%)
  • Series A (10%)
  • Corporate Round (5%)
  • Pre Seed (5%)
  • Series B (5%)

Country Focus

  • United States (43%)
  • Singapore (29%)
  • Switzerland (10%)
  • China (10%)
  • South Korea (5%)
  • Japan (5%)

Industry Focus

  • Blockchain
  • Fintech
  • Cryptocurrency
  • Information Technology
  • Financial Services
  • Decentralized Finance (Defi)
  • Internet
  • Software
  • Bitcoin
  • Finance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does 8 Decimal Capital frequently co-invest with?

Hashed
North America, California, United States, San Francisco
Co-Investments: 3
BlockVC
Asia, Beijing, China, Beijing
Co-Investments: 2
Kosmos Ventures
Oceania, Western Australia, Australia, Perth
Co-Investments: 4
GBIC
North America, New York, United States, New York
Co-Investments: 2
Kenetic
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 4
Fundamental Labs
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
FBG Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
DHVC
North America, California, United States, Palo Alto
Co-Investments: 6
DFund
Asia, Beijing, China, Beijing
Co-Investments: 2
AlphaCoin Fund
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 4

Which angels does 8 Decimal Capital often collaborate with?

ND
North America, United States
Shared Deals: 1
Henok Tekle
North America, NA - Puerto Rico, Puerto Rico, San Juan
Shared Deals: 1
AS
Europe, Varna, Bulgaria, Varna
Shared Deals: 1
Ganesh Kompella
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1
Arvin Bhangu
North America, California, United States, Beverly Hills
Shared Deals: 1
JS
North America, Wyoming, United States, Cheyenne
Shared Deals: 1
KW
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by 8 Decimal Capital?

Parallel Finance

San Francisco, California, United States

Parallel Finance is DeFi focused L2 on Ethereum

BlockchainDecentralized Finance (DeFi)Financial ServicesFinTechLending
SeedJun 14, 2021
Amount Raised: $1,500,000
Polkadot

Zug, Zug, Switzerland

Polkadot is a heterogeneous multi‑chain technology that allows independent blockchains to exchange information.

AppsBlockchainCrowdfundingInformation ServicesInformation TechnologyWeb3
Series UnknownAug 22, 2019
Amount Raised: $5,000,000
SendFriend

New York, New York, United States

Global Payments-as-a-Service for Banks and FIs

BlockchainFinancial ServicesFinTechMobile PaymentsPaymentsSoftware
Pre SeedDec 22, 2018
Amount Raised: $1,700,000
BGOGO

Foster City, California, United States

Bgogo aspires to be the cryptocurrency exchange of the community, by the community, for the community.

AppsCommunitiesCryptocurrencyFinanceFinancial ExchangesFinancial ServicesInternetMobile Apps
Series UnknownSep 18, 2018
Amount Raised: $4,900,000
Wanchain

Singapore, Central Region, Singapore

Wanchain is a unique public blockchain with inter-chain transactions and privacy protection.

BlockchainInfrastructureInternet
SeedSep 3, 2018
Bhex.com

Singapore, Central Region, Singapore

BHEX is the next generation digital asset trading platform.

BlockchainFinancial Services
Corporate RoundAug 17, 2018
Ultrain

Hangzhou, Zhejiang, China

Ultrain, a next generation public-blockchain technology venture that focuses on builds a high performance decentralized blockchain platform.

BlockchainInformation TechnologySoftware
Series AJul 30, 2018
Amount Raised: $20,000,000
Onchain

Shanghai, Shanghai, China

Onchain is blockchain technology companies.

FinTechInformation Technology
Series BJul 24, 2018
Fantom Foundation

Seoul, Seoul-t'ukpyolsi, South Korea

Fantom Foundation is a smart contract platform for digital assets and dApps.

BlockchainInformation TechnologySmart Contracts
Series UnknownJun 22, 2018
Amount Raised: $40,000,000
Token Daily

San Francisco, California, United States

Token Daily operates an online news publishing platform intended to provide news on the cryptocurrency and blockchain market.

BlockchainCryptocurrencyNews
Series AMay 1, 2018
Amount Raised: $9,200,000