PV

Polygon Ventures

Europe, Castilla-La Mancha, Spain, Tórtola

Description

Polygon Ventures is the dedicated venture capital arm of Polygon, a prominent blockchain scaling platform. Launched in 2022, this investment entity plays a crucial role in fostering innovation and growth within the broader Web3 ecosystem. Its primary mission is to identify, fund, and support promising early-stage startups that are building decentralized applications, infrastructure, and services, often with a strategic alignment towards the Polygon network. The firm leverages Polygon's extensive resources, technical expertise, and community reach to provide more than just capital to its portfolio companies.

The investment focus of Polygon Ventures is broad yet strategic, encompassing various sub-sectors within Web3. This includes decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain gaming, metaverse projects, and core infrastructure solutions. A key differentiator is their preference for projects that either build directly on the Polygon blockchain or demonstrate a clear path to integrating with its scaling solutions, thereby strengthening the overall Polygon ecosystem. This strategic alignment ensures that their investments contribute to the network's long-term growth and adoption.

Polygon Ventures typically engages with companies across various early stages, from seed rounds through Series A. While specific check sizes can vary significantly based on the project's maturity and capital requirements, their typical first checks often range from approximately $250,000 for very early-stage ventures to as much as $5 million for more developed startups seeking significant growth capital. Beyond financial investment, the firm provides substantial value-add, including technical support, go-to-market strategies, access to Polygon's developer community, and strategic partnerships, helping portfolio companies navigate the complex Web3 landscape.

With an initial fund size reportedly around $100 million, Polygon Ventures has established itself as a significant player in the Web3 investment landscape. Their commitment to nurturing the next generation of decentralized applications and infrastructure underscores their strategic importance to the Polygon network and the wider blockchain industry. By combining substantial financial backing with deep industry expertise and ecosystem support, Polygon Ventures aims to accelerate the development and adoption of groundbreaking Web3 technologies.

Investor Profile

Polygon Ventures has backed more than 62 startups, with 7 new investments in the last 12 months alone. The firm has led 9 rounds, about 15% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Canada.
  • Strong thematic focus on Blockchain, Web3, Cryptocurrency.
  • Led 2 rounds in the past year.
  • Typical check size: $250K – $5M.

Stage Focus

  • Seed (63%)
  • Pre Seed (16%)
  • Series Unknown (10%)
  • Series A (8%)
  • Initial Coin Offering (2%)
  • Convertible Note (2%)

Country Focus

  • United States (40%)
  • Singapore (11%)
  • Canada (5%)
  • India (5%)
  • Australia (3%)
  • United Kingdom (3%)
  • Portugal (2%)
  • Nigeria (2%)
  • Finland (2%)
  • Puerto Rico (2%)

Industry Focus

  • Blockchain
  • Web3
  • Cryptocurrency
  • Gaming
  • Software
  • Internet
  • Financial Services
  • Information Technology
  • Online Games
  • Decentralized Finance (Defi)
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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 Polygon Ventures frequently co-invest with?

CV
Europe, England, United Kingdom, London
Co-Investments: 4
OKX Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 4
MH Ventures
Europe, England, United Kingdom, London
Co-Investments: 5
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 8
Hack VC
North America, California, United States, San Francisco
Co-Investments: 4
Morningstar Ventures
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 4
BITKRAFT Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Symbolic Capital
North America, New York, United States, New York
Co-Investments: 6
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Cypher Capital
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 5

Which angels does Polygon Ventures often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 2
AF
North America, New York, United States, New City
Shared Deals: 2
HA
North America, California, United States, Los Angeles
Shared Deals: 2
Scott Moore
North America, Ontario, Canada, Toronto
Shared Deals: 2
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 8
VP
Europe, Bayern, Germany, Munich
Shared Deals: 2
Ash Crypto
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 3
DH
North America, California, United States, San Francisco
Shared Deals: 1
CL
North America, California, United States, San Francisco
Shared Deals: 1
DW
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Polygon Ventures?

Delabs Games

Seoul, Seoul-t'ukpyolsi, South Korea

Delabs Games operates as a blockchain game developer.

BlockchainGaming
Series AJul 21, 2025
Amount Raised: $5,200,000
Capx

Singapore, Central Region, Singapore

Capx's mission is to accelerate the flow of capital through the private markets, thereby enhancing global capital allocation.

FinanceFinancial Services
SeedMar 26, 2025
Amount Raised: $3,140,000
Beamable

Boston, Massachusetts, United States

Beamable develops a decentralized infrastructure for gaming to add social, commerce, and content management features to their games.

Developer APIsDeveloper PlatformGamingPrivate Cloud
Series AFeb 4, 2025
Amount Raised: $13,500,000
TAC

Roma, Lazio, Italy

TAC is a performant EVM layer connected to TON through a decentralized and a trustless bridging layer.

BlockchainFinancial ServicesWeb3
SeedNov 11, 2024
Amount Raised: $6,500,000

B² Network is a financial services company that offers bitcoin network and crypto assets with solutions in the settlement layer.

BitcoinBlockchainCryptocurrency
SeedOct 21, 2024
RISE Labs

Sydney, New South Wales, Australia

RISE Labs is a software company that revolutionizes the Blockchain landscape with performance.

BlockchainCryptocurrencyInternet
SeedSep 16, 2024
Amount Raised: $3,200,000
Universal Health Token

Tórtola, Castilla-La Mancha, Spain

Universal Health Token is a gamified healthcare platform that features health goals and rewards via health tokens.

AppsHealth CareMedical
Pre SeedSep 15, 2024
Amount Raised: $1,200,000
Edge Matrix Computing

Singapore, Central Region, Singapore

Edge Matrix Computing is an AI-decentralized computing network that provides reliable and efficient computing resource services.

Artificial Intelligence (AI)BlockchainCloud ComputingWeb3
Series UnknownAug 29, 2024
Amount Raised: $20,000,000
Rome Protocol

Los Angeles, California, United States

Rome Protocol is an SS that uses solana to create a new design environment and a unique product.

Blockchain
SeedJul 9, 2024
Amount Raised: $9,000,000

Computer Labs provides democratizing access to the computer sector through the use of blockchain technology.

BlockchainDecentralized Finance (DeFi)Information Services
Pre SeedJul 3, 2024
Amount Raised: $3,000,000