Paper Ventures
Venture capitalPre-Seed–Seed · 3 people tracked
Also known as Paper Ventures US
Find your way into Paper Ventures
611 people in our graph share verified history with the Paper Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Pre-seed and seed, founder-first investors combining poker, traditional finance, crypto-exchange and early-stage tech expertise, capped at $25M to focus across sectors with longstanding Web3 and consumer/game deal flow.
Source: firm website, verified Jul 20, 2026.
Team · 3 people
from the firm's website
What they invest in
from 31 of 48 portfolio companiesCrypto & Web3 ×21Fintech ×13AI & Machine Learning ×10Data & Infrastructure ×10Enterprise Software ×6Cybersecurity ×5Consumer ×4Developer Tools ×3
HQs:United States×5Costa Rica×1
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×62 founders×2
Investments · 48 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 32024 · 410 dated
Actual.ly provides musicians and artists a link-in-bio replacement that uses trivia and quizzes to verify genuine fans and build a fan CRM with names, phone numbers, and locations.
Creator EconomyMedia & EntertainmentSaaS
Co-investorsNew Orleans Startup FundGSRHaun VenturesSelini Capital
Cambrian builds blockchain data and AI infrastructure, drawing on experience in onchain data, verifiability, and DeFi data systems.
AI & Machine LearningCrypto & Web3Data & InfrastructureFintechLondon
Sam Green(Chief Executive Officer, Founder)inFady Saad(Director)Oliver Mitchell(Director)Joao Filipe Nunes Seabra(Executive Officer, Director, Promoter)Miika Petteri Satori(Executive Officer, Director, Promoter)
Co-investorsGS FuturesFlow TradersFranklin TempletonNomad CapitalPolychain CapitalSelini Capital
Camp Network is a Layer-1 blockchain for intellectual property infrastructure, providing a global IP registry that lets users own and monetize their IP and enables AI agents to train on user-owned IP.
AI & Machine LearningCrypto & Web3Data & Infrastructure
James Chi(Founder)inNirav Murthy(Founder)in
Co-investors1k(x)1kxBlockchain CapitalEterna CapitalHyperithmMarin Digital Ventures+6 more
Cap is a three-sided onchain platform for USD yield, private credit and financial guarantees, headquartered in New York.
New York, US
Benjamin Sarquis Peillard(Executive Officer, Director)
Co-investorsAlphaLab CapitalBreedCaladanFlowdeskFourth Revolution Capital (4RC)Hyperithm+5 more
Cluster provides go-to-market infrastructure for AI agents, giving them access to 50+ GTM data sources, LinkedIn and email sending tools, and the ability to run many subagents in parallel for outbound prospecting.
AdTechAI & Machine LearningData & InfrastructureSales TechNew York City, US
Co-investorsTechstarsMapleblock Capital
Cluster is a virtual-space platform whose users join events and live performances from smartphones, PCs and VR headsets.
Co-investorsBaseline VenturesKDDI Open Innovation FundSkyland VenturesFirst Round CapitalFreestyle CapitalGV (Google Ventures)+3 more
Utexo develops infrastructure for bringing USD Tether (USDT) to Bitcoin, leveraging RGB and Lightning Network technologies to enable Bitcoin-native stablecoin payments.
Crypto & Web3Data & InfrastructureFintech
Viktor Ihnatiuk(Co-founder)Chris Hutchinson(Co-founder)Renat Skitsan(Co-founder)
Co-investorsFulgur VenturesBig Brain HoldingsMaven 11
Drosera provides a security protocol built around "Traps," on-chain mechanisms designed to detect and respond to threats, aimed at developers and operators in the blockchain space.
Crypto & Web3Cybersecurity
Co-investorsArrington CapitalMetamatic GroupNxGenUDHCArrington XRP Capital
ETHGas enables validators and node operators to monetize blockspace by selling priority access to traders, agents, and protocols, generating predictable yield beyond standard staking rewards through a programmable marketplace.
Crypto & Web3Data & InfrastructureFintech
Co-investorsComma3 VenturesNode Capital
Forgotten Playland: Party Edition is a multiplayer party game where players customize characters called PlushKyns and compete in a variety of competitive mini-games set in themed areas.
ConsumerGaming
Co-investorsWWVenturesC2 VenturesMerit Circle
Glacis Labs builds Zero Delta, a settlement network that matches institutional order flow to execute large digital asset trades and cross-border remittances with zero slippage and no prefunded float.
Crypto & Web3Enterprise SoftwareFintech
Cofounder (JPMorgan, Spruce)(Cofounder)Technical Cofounder(Technical Cofounder)
Co-investorsArrington CapitalEdessa CapitalProtagonistArrington XRP CapitalLightspeed Faction
Glacis builds software for supply chain coordination that integrates with existing workflows and systems without requiring suppliers or partners to change their processes.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaS
Co-investorsProtagonistArrington CapitalLightspeed Faction
Glacis provides runtime security controls and signed operational records for AI agent workflows that access tools, credentials, and customer data, enabling fast-growing AI companies to demonstrate compliance with enterprise security requirements.
AI & Machine LearningCybersecurityEnterprise SoftwareGovTech
Joe Braidwood(Co-Founder & CEO)inRohit Tatachar(Co-Founder & CTO)inJennifer Shannon(Co-Founder & Chief Medical Officer)in
Co-investorsAllen Institute for AI (AI2) IncubatorArrington CapitalCoinbase VenturesFranklin TempletonLightspeed FactionProtein Capital Management
human.tech provides a privacy-preserving identity and control layer for people, institutions, and AI, using zero-knowledge proofs and client-side cryptography built on W3C Verifiable Credentials and eIDAS 2.0 standards.
Crypto & Web3CybersecurityGovTech
Co-investorsDraper DragonUDHCNVP CapitalY Combinator
Limitless is a prediction market platform where users trade on outcomes across categories including crypto, sports, finance, and politics.
Crypto & Web3Fintech
Dima Horshkov(Founder)in
Co-investorsCoinbase VenturesCollider VenturesDell Technologies CapitalGrove VenturesMeron Capital
Limitless Labs develops a foundation AI model for mechanical parts manufacturing along with a platform that integrates into CNC programming, quoting, and inspection workflows.
Advanced ManufacturingAI & Machine LearningDeep Tech
Co-investorsMeron CapitalSquare Peg Capital1confirmationDell Technologies CapitalGrove Ventures
MonkeyTilt is a crypto-based online gambling platform offering casino games (slots, live dealer tables, game shows, and exclusive originals), a sportsbook with pre-match and live betting, and poker, all funded through cryptocurrencies.
ConsumerCrypto & Web3GamingSan Jose, CR
Sam Kiki(Founder)in
Co-investorsPantera CapitalPolychain CapitalCoinFundHack VC
Naptha.ai helps businesses adopt agentic software development by addressing AI agent interaction problems that lead to poor user experience and churn.
AI & Machine LearningDeveloper ToolsEnterprise Software
Co-investorsPolymorphic Capital
Perle provides expert-driven data services for AI teams, supplying credentialed specialists to handle data collection, labeling, quality assurance, evaluation, and RLHF/RLAIF for tasks that generic crowd-worker vendors can't judge.
AI & Machine LearningData & InfrastructureEnterprise SoftwareRoboticsSan Francisco, US
Ahmed Rashad(Founder)in
Co-investorsACTAI VenturesAlphaLab CapitalBig Brain HoldingsBreedCaladanCoinFund+2 more
Polychain is an investment firm that manages actively managed portfolios of blockchain-based digital assets, focusing on returns from the cryptocurrency sector.
Crypto & Web3
Olaf Carlson-Wee(Founder & CEO)in
Co-investorsA.Capital VenturesAbstract VenturesAndreessen HorowitzBollinger Investment GroupMirana VenturesMoonhill Capital+7 more
Psy is a Layer 1 blockchain protocol built with a PARTH architecture and Proof of Useful Work consensus, aiming for high transaction throughput, fixed low fees, and local zero-knowledge proving so user data stays on-device.
AI & Machine LearningCrypto & Web3Cybersecurity
Co-investorsProtagonist
Speedstake is a Solana-based product that lets stakers sell their future staking rewards for SOL upfront without unstaking, keeping their principal delegated.
Crypto & Web3Fintech
Co-investorsCoinbase VenturesMarin Digital VenturesVariant FundSolana Labs
Rakurai builds a high-throughput, low-latency validator client for web3 infrastructure, aimed at blockchain validators who want to pack denser blocks and capture higher yields.
Crypto & Web3Data & InfrastructureDeep TechDeveloper Tools
Co-investorsAnagram VenturesRobot VenturesSlow Ventures
Rena Labs provides a TEE (trusted execution environment) data exchange for confidential AI training and inference on proprietary data, with encryption, on-chain logging, and compliance features.
AI & Machine LearningCrypto & Web3Cybersecurity
Co-investorsEterna CapitalFactionLightspeed FactionMapleblock Capital
Renzo Protocol provides liquid staking and restaking infrastructure along with reserve vaults that deploy capital into delta-neutral, RWA-backed, and basis/carry trade strategies.
Crypto & Web3Fintech
Lucas Kozinski(Founder)
Co-investorsBankless VenturesBitDAOCrypto DiscoverEdessa CapitalFigmentIOSG Ventures+5 more
DoubleZero operates a network that delivers raw market data feeds over dedicated fiber links contributed by independent operators, bypassing public internet latency for trading firms, validators, and platforms.
Crypto & Web3Data & InfrastructureFintechGeorge Town
BoardOLIVER BELL(Director)
Co-investorsCrucible CapitalDragonflyGSRMetastableMH VenturesMulticoin Capital+3 more
Scroll AI is a browser-based AI notebook that ingests documents, media and web pages and answers questions about them.
Co-investorsGMG VenturesMercuri.vc1confirmationArrington CapitalCoinbase VenturesFlyer One Ventures+4 more
Sophon is a crypto project transitioning its SOPH token from a chain-based gas and staking model to a buyback-and-burn programme funded by product revenue.
Crypto & Web3Fintech
Co-investorsBeamMerit CircleWWVenturesMaven 11OKX VenturesSevenX Ventures
TAC is a blockchain built for Ethereum-based decentralized applications to access TON and Telegram's user base of over 1 billion users.
Crypto & Web3Developer ToolsFintech
Co-investorsHack VCSymbolic CapitalBITKRAFT VenturesThe Open Platform
Telegram is a cross-platform messaging application with encrypted, self-destructing messages, multi-device sync, and large group chats.
ConsumerMedia & EntertainmentSocial
Co-investorsAfford.CapitalAlphabit FundAngelONE CapitalArrington CapitalAsia GreenTech FundBitDAO+48 more
Temple Digital Group builds financial infrastructure for capital markets, including a native trading platform, global asset registry, and issuance platform for the Canton blockchain.
Crypto & Web3Data & InfrastructureEnterprise SoftwareFintech
Evan Varsamis(CEO)Dan Simerman(CSO)John Antoniou(CTO)
Co-investorsEterna Capital
YieldPoint operates a multi-chain crypto yield platform whose first product, Unity ($UTY), is a dollar-pegged, tokenized market-neutral position that generates yield from crypto trading activity rather than price direction.
Crypto & Web3Fintech
David B. Markley(Founder)in
Co-investorsBorderless VentureBlizzard the AvalancheBorderless CapitalChainview CapitalMantis CapitalProtagonist
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AlignedAligned LayerCambrian NetworkCamp NetworkDare MarketGaiaMeth LabPell NetworkPye FinanceRaiseSuperp
Portfolio news
latest coverage across their companies
Human · techpolicy.press · Aug 19, 2026
Rakurai · drasticnews.com · Aug 4, 2026
Limitless · x.com · Jul 27, 2026
Limitless Labs · x.com · Jul 27, 2026
Frequently asked questions
- How many investments has Paper Ventures made?
- Paper Ventures has 48 tracked investments, including 7 dated in the last 24 months.
- What stage does Paper Ventures invest at?
- Paper Ventures invests at the Pre-Seed, Seed stages.
- What sectors does Paper Ventures focus on?
- Paper Ventures focuses on Crypto & Web3.
- Does Paper Ventures lead rounds?
- Paper Ventures typically participates in rounds rather than leading them.
- Who does Paper Ventures co-invest with?
- Paper Ventures most often shares deals with Protagonist, Eterna Capital, Borderless Venture, among 65 tracked co-investors.
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