Cryptocurrencies have exploded in popularity since the boom in 2017, but there were crypto startup VCs around even before then. The number has surely increased since the boom, with Top VCs providing critical funding for top startups in the crypto space across a variety of different funding stages.
1. Boost VC
Year Founded: 2012
HQ: San Mateo, California, USA
Size: 1-10
Founders: Adam Draper, Brayton Williams
Boost VC is an American Venture Capital Firm with experience in crypto startup VC. The company was founded in 2012 and is currently headquartered in San Mateo, California, USA. The company invests in new startups twice per year and provides other assistance such as mentoring and office space to help these businesses grow.
Since the VC firm was founded nine years ago, it has managed a number of investment funds, which has allowed it to make 253 investments in that time. Of these investments, the company has currently exited from 25 of these investments.
2. Craft Ventures
Year Founded: 2017
HQ: San Francisco, California, USA
Size: 11-50
Founders: Bill Lee, David Sacks, Jeff Fluhr
Craft Ventures is an American VC firm that was founded four years ago and is currently based in San Francisco, California, USA. The company provides early-stage VC funding to a variety of different technology startups, including providing crypto startup VC.
Since the VC firm was founded in 2017, it has managed a total of five investment funds. These funds have allowed the company to make 158 investments into growing startups. At this time, the business has successfully exited from 15 of these investments.
3. Winklevoss Capital
Year Founded: 2012
HQ: New York, USA
Size: 1-10
Founders: Cameron Winklevoss, Tyler Winklevoss
Winklevoss Capital is an American VC firm that was founded in 2012 by the well-known Winklevoss brothers. The company currently has its main base of operations in New York, USA. Their team has made a number of investments which can classify it as a crypto startup VC, with its provision of early-stage funding.
Since the company was founded nine years ago, it has made a total of 123 investments into new businesses. Out of these investments, the company has exited from 23 of these in its trading lifetime.
4. RRE Ventures
Year Founded: 1994
HQ: New York, USA
Size: 11-50
Founders: Jim Robinson, Stuart Ellman
RRE Ventures is an American VC firm that was founded in 1994 and is currently based in New York, USA. The company provides early-stage funding to technology companies working in software, internet and communications. The company has made some investments that could classify it as a crypto startup VC.
Since RRE Ventures was founded, it has managed a total of nine investment funds. These funds have allowed the business to make an impressive 567 investments into new startups. As it stands, the company has successfully exited from 111 of these investments.
5. Digital Currency Group
Year Founded: 2011
HQ: New York, USA
Size: 1-10
Founders: Barry Silbert
Digital Currency Group is an American VC firm that was founded in 2011 and is currently based in New York, USA. There is no doubt about the company's status as a crypto startup VC as it invests and provides support to companies in the cryptocurrency and blockchain spaces. Companies can benefit from its extensive network and access to industry-specific support.
Since the company was founded a decade ago it has made a total of 235 investments and has also acquired a further two businesses. At the present time, Digital Currency Group has exited from 28 of its investments.
6. Coinbase Ventures
Year Founded: 2018
HQ: San Francisco, California, USA
Size: 1-10
Founders: Coinbase
Coinbase Ventures is an American VC firm that was founded in 2018 and is currently based in San Francisco, California, USA. As the investment arm of the digital asset exchange Coinbase, it should come as no surprise that the company is very active as a crypto startup VC. The company provides early-stage funding to these startups so they can bring their concepts to life.
Since it was founded in 2018, Coinbase Ventures has made a total of 130 investments into new blockchain and cryptocurrency startups. Despite the number of investments that it has made, the company has only made an exit from four of these at this time.
7. Fenbushi Capital
Year Founded: 2015
HQ: Shanghai, China
Size: 1-10
Founders: Feng Xiao
Fenbushi Capital is a Chinese VC firm that was founded in 2015 and is currently based in Shanghai, China. The company claims to be the most active blockchain-specific VC firm in Asia. The company seeks to use its money and industry expertise to help nurture and grow the global blockchain ecosystem.
Since the company was founded six years ago, it has managed a total of 88 investments into technology startups in the blockchain sector. From these investments, Fenbushi Capital has currently made an exit from four of these investments.
8. 8 Decimal Capital
Year Founded: 2017
HQ: San Francisco, California, USA
Size: 11-50
Founders: Yubo Ruan
8 Decimal Capital is an American VC firm that was founded four years ago and is currently based in San Francisco, California, USA. The company provides crypto startup VC across a variety of different funding stages and methods, including ICOs and their expert support ensures their startups have the best possible chance to succeed.
Since the company was founded four years ago, it has managed a sole investment fund. The use of this fund has allowed the company to make a total of 43 investments. As it stands, the company has not exited from any of its investments.
9. Pantera Capital
Year Founded: 2003
HQ: Menlo Park, California, USA
Size: 1-10
Founders: Dan Morehead
Pantera Capital is an American Crypto Startup VC that was founded in 2003 and is currently based in Menlo Park, California, USA. The company is known for focusing solely on investing in digital currencies and blockchain technology. This funding comes in the early-stage and seed stages of the company's lifetime.
Since Pantera Capital was founded, it has managed a total of five investment funds. The use of these investment funds have allowed the firm to make a series of 145 investments into new startups. As it stands, the company has exited from 15 of its investments so far.
10. ConsenSys Ventures
Year Founded: 2016
HQ: San Francisco, California, USA
Size: 1-10
Founders: ConsenSys
ConsenSys Ventures is an American VC firm that was founded in 2016 and is currently based in San Francisco, California, USA. The company is the investment arm of ConsenSys and provides funding to a variety of different blockchain and cryptocurrency projects.
Since the VC firm was founded in 2016, it has managed a sole investment fund, which it has used to make a total of 32 investments into blockchain startups. Of these 32 investments, the company has currently only made an exit from one.
11. Dekrypt Capital
Year Founded: 2017
HQ: Berkeley, California, USA
Size: 1-10
Founders: Howard Wu, Jack Baumruk, Jon Allen, Ronen Kirsh
Dekrypt Capital is an American VC firm that was founded in 2017 and is currently based in Berkeley, California, USA. The company focuses its investment efforts on cryptocurrency startups and provides early-stage funding to help these companies to grow and reach their full potential.
Since the company was founded four years ago, it has managed a sole investment fund. This fund has given the company the ability to make a series of 12 investments into blockchain startups. At the time of writing, the business has not made an exit from any of its investments.
12. Sora Ventures
Year Founded: 2018
HQ: Hong Kong
Size: 11-50
Founders: Jason Fang
Sora Ventures is an Asian VC firm that was founded in 2018 and is currently based in Hong Kong. The company provides blockchain and cryptocurrency startups with a variety of different funding types, including Venture Funding and ICO. There are also a variety of other industry-specific support measures put into place by the VC.
Since the company was established three years ago, it has made a total of 22 investments into blockchain startups. At this time, the company has not been known to have made an exit from any of its investments.
13. Nirvana Capital
Year Founded: 2017
HQ: Beijing, China
Size: 1-10
Founders: Alfred Jiang
Nirvana Capital is a Chinese VC firm that was founded in 2017 and is currently based in Beijing, China. The company focuses its investments exclusively on companies in the blockchain sphere and provides early-stage funding, in addition seed funding and ICO funding. Money isn't the only support avenue, with many others being available.
Since the business was founded four years ago, it has made a total of 15 investments into various blockchain companies. As it stands, the company has only made an exit from one of these investments so far.
14. SVK Crypto
Year Founded: 2018
HQ: London, England
Size: 1-10
Founders: Hugh Cochrane, Shane Kehoe
SVK Crypto is an English VC firm that was founded in 2018 and is currently based in London, England. The company provides a community-driven approach to investment into blockchain companies and the crypto startup VC uses its advanced connections to provide the best results for its startups.
Since the company was founded three years ago, it has used its money to make a total of six investments into crypto and blockchain startups. As it stands, the company has not exited from any of its investments.
15. Fabric Ventures
Year Founded: 2017
HQ: London, England
Size: 11-50
Founders: Anastasiya Belyaeva, Max Mersch, Richard Muirhead
Fabric Ventures is an English VC firm that was founded in 2017 and is currently based in London, England. The company focuses its efforts on providing early-stage investment into startups that utilize decentralized technology. Unsurprisingly, this includes blockchain and Fabric Ventures has been known to make these kinds of investments.
Since the business was established four years ago, the company has managed a single investment fund. The use of this investment fund has allowed Fabric Ventures to make a total of 35 investments in that time. Currently, the business has made an exit from one of its investments.
16. GBIC
Year Founded: 2017
HQ: New York, USA
Size: 1-10
Founders: Richard Lee
GBIC is an American VC firm that was founded in 2017 and is currently based in New York, USA. The company is a crypto startup VC specifically as its focuses on providing accelerator funding to companies in the blockchain space. The company also puts emphasis on building a community in addition to providing investment.
Since GBIC was founded four years ago it has made a total of 16 investments into businesses in the crypto and blockchain space. As it stands, GBIC has only made an exit from one of its investments.
17. INBlockchain
Year Founded: 2011
HQ: Beijing, China
Size: 11-50
Founders: Lao Mao
INBlockchain is a Chinese VC firm that was founded in 2011 and is currently based in Beijing, China. The company provides investment to a variety of different blockchain startups as well as providing a blockchain production studio and other tools which can be used to succeed by crypto startups.
Since the business was founded a decade ago, it has made a total of 22 investments into blockchain startups. As a direct consequence of these investments, the company has currently made its exit from one.
18. Outlier Ventures
Year Founded: 2014
HQ: London, England
Size: 11-50
Founders: Aron van Ammers, Jamie Burke
Outlier Ventures is an English VC firm that was founded in 2014 and is currently based in London, England. The company provides early-stage funding to technology startups across the country and has been known to make investments into companies in the crypto and blockchain industries, helping these startups to develop.
Since the business was founded in 2014, it has managed a pair of investment funds. The use of these funds has allowed the company to make a total of 49 investments into new technology startups. As it stands, the company has not exited from any of its investments.
19. BlockVC
Year Founded: 2016
HQ: Beijing, China
Size: 101-250
Founders: Kevin Hsu, Kira Sun
BlockVC is a Chinese VC firm that was founded in 2016 and is currently based in Beijing, China. The company is an investment firm, as well as an advisory firm and helps to go beyond simple monetary value in terms of supporting the startups that it invests in. The company operates globally to unearth new startups worth supporting.
In the five years that the company has been trading, it has made a total of 36 investments into growing blockchain and cryptocurrency startups. The ultimate ambition from these investments is to make blockchain technology mainstream and popularly adopted across the world.
20. KR1
Year Founded: 2016
HQ: Douglas, Isle of Man
Size: 1-10
Founders: George McDonaugh, Keld Van Schreven, Rupert Williams, Jeremy Woodgate
KR1 is a VC firm that was founded in 2016 and is currently based in Douglas in the Isle of Man. The company has a notable presence in Europe when it comes to providing investment into digital assets and blockchain networks. The company has been known for its tendencies to invest into crypto startups.
Since the business was established in 2016, it has made a total of 29 investments into new startups. At the present time, the company has not made an exit from any of these investments.
21. MetaStable Capital
Year Founded: 2014
HQ: San Francisco, California, USA
Size: 1-10
Founders: Naval Ravikant, Joshua Seims, Lucas Ryan
MetaStable Capital is an American investment firm that was founded in 2014 and is currently based in San Francisco, California, USA. The company manages crypto asset funds and seeks to further develop the value and the reputation of blockchain as a concept across the world.
Since the business was founded seven years ago, it has managed a single investment fund and it has used the money from this fund to make 21 investments into blockchain and cryptocurrency startups. At this time, the company has not made an exit from any of its investments.
FAQs
How Much Is The Crypto Industry Worth?
In November 2021, it was announced by CoinGecko that the cryptocurrency market as a whole had broken a valuation of $3 Trillion- owing to the massive increase in the value of certain coins. This trend looks set to continue as the market matures and continues to grow.
How Much Money is Invested in Crypto?
In 2020, the crypto market received investments worth $4.3 Billion to further development. This number looks very likely to be dismantled in 2021, with final estimates of the investment growth in the market looking at $8.7 Billion.
How To Avoid Crypto Scams
Unfortunately, scams are still a big part of the cryptocurrency market. To avoid these scams, you should do research into companies and projects before investing. Furthermore, you should make sure to use a platform that consistantly and effectively vets the projects that are listed on their platforms.
