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Pantera Capital

North America, California, United States, Menlo Park

Description

Pantera Capital, established in 2003, made a pivotal shift in 2013 to become one of the earliest and most prominent investment firms exclusively dedicated to blockchain technology, digital assets, and cryptocurrencies. Based in Menlo Park, California, the firm has since solidified its position as a leading venture capital and hedge fund manager within the digital asset ecosystem. Pantera's investment strategy is comprehensive, spanning venture equity, liquid tokens, and early-stage token projects, allowing them to participate across the full lifecycle of blockchain innovation.

Investor Profile

Pantera Capital has backed more than 255 startups, with 22 new investments in the last 12 months alone. The firm has led 114 rounds, about 45% of its total and boasts 22 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, Singapore, United Kingdom.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Led 13 rounds in the past year.
  • Typical check size: $5M – $50M.

Stage Focus

  • Seed (37%)
  • Series A (25%)
  • Series Unknown (13%)
  • Series B (10%)
  • Initial Coin Offering (8%)
  • Series C (2%)
  • Corporate Round (1%)
  • Undisclosed (1%)
  • Series D (1%)
  • Pre Seed (1%)

Country Focus

  • United States (58%)
  • Singapore (9%)
  • United Kingdom (4%)
  • United Arab Emirates (2%)
  • South Korea (2%)
  • Israel (2%)
  • Canada (2%)
  • Kenya (2%)
  • Hong Kong (2%)
  • India (1%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Fintech
  • Bitcoin
  • Software
  • Information Technology
  • Finance
  • Web3
  • Internet
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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 Pantera Capital frequently co-invest with?

Hashed
North America, California, United States, San Francisco
Co-Investments: 14
Blockchain Capital
North America, California, United States, San Francisco
Co-Investments: 17
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 42
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 43
Dragonfly
North America, California, United States, San Francisco
Co-Investments: 15
Polychain
North America, California, United States, San Francisco
Co-Investments: 19
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 15
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 17
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 17
Alameda Research
Asia, Hong Kong Island, Hong Kong, Central and Western
Co-Investments: 19

Which angels does Pantera Capital often collaborate with?

BP
North America, Nevada, United States, Las Vegas
Shared Deals: 3
RH
North America, California, United States, San Francisco
Shared Deals: 3
JC
North America, California, United States, Los Angeles
Shared Deals: 3
GB
North America, California, United States, San Francisco
Shared Deals: 3
SR
Europe, Monaco
Shared Deals: 3
NR
North America, California, United States, San Francisco
Shared Deals: 7
FE
North America, California, United States, San Francisco
Shared Deals: 5
MC
North America, Texas, United States, Dallas
Shared Deals: 4
RM
North America, California, United States, San Francisco
Shared Deals: 4
Loi Luu
Asia, Singapore
Shared Deals: 3

What are some of recent deals done by Pantera Capital?

M0

Zug, Zug, Switzerland

M0 provides a universal platform for companies to build, issue, and manage their own stablecoins.

CryptocurrencyDecentralized Finance (DeFi)Financial ServicesInfrastructureInternet
Series BAug 28, 2025
Amount Raised: $40,000,000

aPriori is a liquid staking protocol that generates amplified rewards with maximum extractable value.

CryptocurrencyDecentralized Finance (DeFi)Trading Platform
Series AAug 28, 2025
Amount Raised: $20,000,000

Vigil Labs is an applied research lab building proprietary systems for trading.

Artificial Intelligence (AI)Financial ServicesTrading Platform
SeedAug 20, 2025
Amount Raised: $5,700,000

Multipli is a RWA yield protocol that allows users to make reliable yield on stables and even traditionally non-yield bearing assets

BlockchainCryptocurrencyWeb3
Series UnknownAug 8, 2025
Amount Raised: $5,000,000
OpenMind

San Francisco, California, United States

OpenMind is a software company that develops an operating system for robots and intelligent machines.

Artificial Intelligence (AI)RoboticsSoftware
Series AAug 4, 2025
Amount Raised: $20,000,000
VERB Technology Company

Newport Beach, California, United States

VERB Technology Company specializes in business-focused interactive video webinars, CRM, sales, and marketing applications.

ContentCRMInformation ServicesInformation TechnologyInternetMarketingSaaSSoftwareVideo
Post Ipo EquityAug 4, 2025
Amount Raised: $780,000,000

Subzero Labs is developing Rialo, a developer-first Layer 1 blockchain built for internet-scale decentralized applications.

SeedAug 1, 2025
Amount Raised: $20,000,000
ZOOZ Power

Lod, HaMerkaz, Israel

Kinetic Power Boosters enabling sustainable and cost-effective deployment of EV charging stations.

BatteryCharging InfrastructureElectric VehicleEnergyEnergy StorageRenewable Energy
Post Ipo EquityJul 29, 2025
Amount Raised: $180,000,000
CEA Industries

Louisville, Colorado, United States

CEA Industries is an agriculture company that offers indoor cultivation services.

AgricultureCommercialFarming
Post Ipo EquityJul 28, 2025
Amount Raised: $500,000,000
Mill City Venture III

Wayzata, Minnesota, United States

Mill City Venture III is a company that offers business investment services.

LendingReal Estate InvestmentVenture Capital
Post Ipo EquityJul 28, 2025
Amount Raised: $450,000,000