
Blockchain Capital
Description
Blockchain Capital is a pioneering venture capital firm exclusively focused on the blockchain and cryptocurrency sectors. Founded in 2013, it was one of the earliest dedicated investors in this nascent industry, establishing its presence long before the mainstream adoption of digital assets. Based in San Francisco, the firm has consistently demonstrated a deep understanding of the underlying technology and its potential to disrupt various industries, positioning itself as a key player in the Web3 ecosystem. Its early entry allowed it to build a robust network and gain unparalleled insights into the evolving landscape of blockchain innovation.
Over the years, Blockchain Capital has systematically expanded its capital base, reflecting the rapid growth and increasing maturity of the blockchain space. The firm has successfully raised seven distinct funds, starting with a modest $10 million for its inaugural fund in 2013. This trajectory culminated in its most recent and largest vehicle, Fund VII, which closed at an impressive $580 million in early 2024. Cumulatively, the firm has raised over $1.3 billion in capital across all its funds, underscoring its significant financial capacity and long-term commitment to the digital asset ecosystem.
The firm's investment strategy is comprehensive, spanning from seed-stage startups to more mature growth-stage companies. Blockchain Capital actively seeks out foundational infrastructure, decentralized finance (DeFi), NFTs, gaming, and other innovative applications built on blockchain technology. Its portfolio boasts several industry giants and unicorns, including early investments in companies like Coinbase, Kraken, and Ripple, as well as later-stage investments in OpenSea and Dapper Labs. This flexible approach allows Blockchain Capital to support companies throughout their lifecycle, from inception to market leadership, solidifying its position as a leading investor in the blockchain space.
Investor Profile
Blockchain Capital has backed more than 172 startups, with 11 new investments in the last 12 months alone. The firm has led 54 rounds, about 31% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Germany, Singapore.
- Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
- Led 10 rounds in the past year.
- Typical check size: $500K – $25M.
Stage Focus
- Seed (42%)
- Series A (27%)
- Series Unknown (11%)
- Initial Coin Offering (6%)
- Series B (5%)
- Series C (4%)
- Series D (1%)
- Product Crowdfunding (1%)
- Angel (1%)
- Convertible Note (1%)
Country Focus
- United States (66%)
- Germany (5%)
- Singapore (4%)
- Canada (3%)
- Cayman Islands (3%)
- Spain (2%)
- United Kingdom (2%)
- Portugal (1%)
- Gibraltar (1%)
- China (1%)
Industry Focus
- Blockchain
- Cryptocurrency
- Fintech
- Financial Services
- Software
- Bitcoin
- Information Technology
- Finance
- Internet
- Payments
Frequently Asked Questions
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