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Figment
also invests · investor profileFounded 2021 · 3 employees on LinkedIn · 7 known investors
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Figment Capital is a Web3 investment fund that backs teams building blockchain infrastructure, on-chain markets, and consumer crypto applications. It focuses on the future of decentralized finance and blockchain-based value creation and trading.
Also known as Figment Capital
Investors · 7
How we know: HTX Ventures (ex Huobi Ventures)'s portfolio page · Not right? Tell us
How we know: Mirana Ventures's portfolio page · Not right? Tell us
How we know: Perridon Ventures's portfolio page · press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
Company profile
researched Aug 2026Figment Capital is a Web3 investment fund that finances teams building blockchain infrastructure, on-chain markets and consumer crypto applications. Its stated thesis is that finance will increasingly operate on-chain in an open, global and continuously available form, and it backs the "rails, markets and consumer applications" intended to make blockchains default infrastructure for how value is created, traded and owned.
The fund originated as the investment arm of Figment, a blockchain infrastructure and proof-of-stake staking services provider. Figment announced the launch of Figment Capital as part of its 2021 business highlights, describing it as dedicated to fueling the growth of new decentralized protocols and applications using the parent company's experience, connections and expertise in Web3. Contemporaneous reporting described the vehicle as a $17.5 million fund launched in April 2021 that invested in teams and networks focused on proof-of-stake consensus, interoperability and privacy, citing Osmosis, Obol and zkSync among its investments.
The firm maintains a public portfolio page of select investments, noting the list is not exhaustive and was stated as of September 30, 2023. Investment professionals associated with the firm include James Parillo (General Partner), Clayton Menzel (Partner), Dougie DeLuca, Nick M. and Rob Pellecchia.
Business model
Figment Capital deploys capital into early-stage Web3 protocols, infrastructure providers and applications, taking investment positions in teams and networks rather than selling a product.
Traction
Led the $3 million seed round for dApp infrastructure developer Semantic Layer in October 2024, with participation from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures. Earlier reported investments include Osmosis, Obol and zkSync.
Latest developments
In October 2024 the firm led a $3 million seed financing for Semantic Layer, which is building application-specific sequencing tools (Verifiable Aggregation Rules and Verifiable Sequencing Rules) for multichain transaction ordering and bundling.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned as a crypto-native venture investor that leads and participates in pre-seed and seed rounds; it led Semantic Layer's $3 million seed round alongside Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures.
Technology
Investment focus areas include proof-of-stake consensus, interoperability and privacy, as well as transaction execution and dApp infrastructure.
Go-to-market
Sources investments directly and through co-investment with other crypto and venture funds, leading or joining pre-seed and seed rounds; publishes a portfolio page and invites portfolio companies to be listed.
Founding teams building blockchain infrastructure, decentralized protocols, on-chain markets and consumer crypto applications.
Geography
Associated investor locations listed include New Jersey and New York, including New York City and Brooklyn.
History
Figment Capital was launched in April 2021 as the investment arm of Figment, a proof-of-stake blockchain infrastructure and staking provider, with a reported $17.5 million of capital. Figment's parent-company announcement of a $110 million Series C in December 2021 listed the launch of Figment Capital among the year's highlights. The fund's public portfolio page lists select investments as of September 30, 2023, and it led a seed round for Semantic Layer in October 2024.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsFigment Capital led a $3 million seed financing for dApp transaction-execution infrastructure developer Semantic Layer, with participation from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures.
$3M source ↗
Figment launched Figment Capital, a $17.5 million investment fund and the investment arm of the blockchain infrastructure company, focused on teams and networks working on proof-of-stake consensus, interoperability and privacy; reported investments include Osmosis, Obol and zkSync.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Figment Capitalfigmentcapital.io · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Figment do?
- Web3 investment fund backing blockchain infrastructure, on-chain markets and consumer crypto applications.
- Who are Figment's investors?
- Figment's investors include HTX Ventures (ex Huobi Ventures), Mirana Ventures, Perridon Ventures, Bankless Ventures, Fenbushi Capital, Hack VC, Robot Ventures.