Fundraising Fox
Polymorphic Capital
Venture capitalSeed–Series A · 8 people tracked
Also known as Polymorphic
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Investment thesis
Polymorphic Capital positions itself as an early-stage investor providing strategic support and expertise in the web3 space. The firm offers thoughtful guidance and facilitates key introductions within the ecosystem, supporting portfolio companies through pre-seed and seed funding rounds.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website
What they invest in
from 39 of 54 portfolio companiesCrypto & Web3 ×29Fintech ×21AI & Machine Learning ×13Data & Infrastructure ×9Developer Tools ×7SaaS ×7Cybersecurity ×5Social ×4
HQs:United States×9Canada×2United Kingdom×2Brazil×1Denmark×1Finland×1
Who they back
founder profiles across 16 portfolio companiesFounding team size:solo founder×82 founders×63 founders×2
Where their founders studiedfrom 16 founders with education data
ITMO University ×2Novosibirsk State University (NSU) ×2Stanford University Graduate School of Business ×2
What their founders studiedfrom 14 founders with field-of-study data
Computer Science ×7Business & Management ×4Engineering ×4
Where their founders worked beforefrom 17 founders with career history
Jufy Projects ×2
Investments · 54 tracked
founders shown can be your intro pathBy year:2025 · 52024 · 42022 · 42021 · 12015 · 115 dated
Embed provides an API and DSL for building, deploying, and serving personalized recommendation feeds built on onchain crypto data, including prediction market, trading, and smart-money/wallet feeds.
AI & Machine LearningCrypto & Web3Data & InfrastructureDeveloper ToolsSaaS
Co-investorsa16z cryptoForward ResearchSocial Graph VenturesWAGMI Ventures
Airstack offers an AI-based quant engineer tool that codes trading strategies and identifies issues ("leaks") in them, aimed at quantitative trading users.
AI & Machine LearningData & InfrastructureFintechMiami Beach, US
Jason Goldberg(Executive Officer, Director)in
Co-investorsBlack DragonDelta BlockchainFenbushi CapitalLecca VenturesRed Beard VenturesResolute Ventures+16 more
Predictions market protocol; seed
Co-investorsBR CapitalCitizenX Crypto VenturesG1 VenturesGm CapitalRed Beard VenturesSevenX Ventures
Bio Protocol is a decentralized science (DeSci) platform where people can fund, develop and govern tokenized early-stage scientific research from universities, companies and researchers.
AI & Machine LearningBiotechCrypto & Web3
Co-investorsBinance LabsPfizer VenturesBig Brain HoldingsSerafundSignature VenturesSMAPE Capital+3 more
Concept Art House is an art outsourcing studio for game developers, producing character designs, 2D and 3D assets, animation, and VFX for AAA, mobile, and trading card games.
Creator EconomyCrypto & Web3GamingMedia & EntertainmentSan Francisco, US
James(Founder / CEO)Jenny Chen(President & Founder)
BoardMatthew Le Merle(Chairman)
Co-investorsAnimoca BrandsDapper LabsAppWorks VenturesRed Beard VenturesAppWorksBlockchain Coinvestors+11 more
Due provides payment infrastructure and settlement services for trading platforms, enabling deposits via local payment methods and stablecoins across 80+ countries with instant settlement and multi-currency account capabilities.
Crypto & Web3FintechLondon, GB
Robert Sargsian(Founder)
Co-investorsDiscovery Ventures III Gmb H & Co. KGYAP CapitalSpeedinvest
Ethereum Comments Protocol (ECP) provides an SDK and embeddable components for developers to add onchain comments to their applications, storing comments on Ethereum where they are cryptographically signed and accessible to other apps and smart contracts.
Crypto & Web3Developer ToolsSocial
FairMath develops fully homomorphic encryption (FHE) cryptographic infrastructure that allows computation on encrypted data, enabling private AI model training and inference as well as confidential blockchain transactions and smart contracts.
AI & Machine LearningCrypto & Web3Cybersecurity
Gurgen Arakelov(Founder)in
Co-investorsgumi IncNazare Venturesgumi Cryptos Capital (gCC)
Farcaster is a decentralized social network where users own their identity, aimed at connecting people and building software on top of the network.
Crypto & Web3SocialVenice, US
Daniel Romero(Executive Officer, Director)Varun Srinivasan(Founder)Dan Romero(Founder)
Co-investors1confirmationA.Capital Venturesa16z cryptoAndreessen HorowitzArchetypeChapter One+17 more
Fluence is a decentralized "cloudless" computing platform that combines blockchain with high-performance computing to let developers build and scale applications without relying on centralized cloud providers.
AI & Machine LearningCloud ComputingCrypto & Web3Deep Tech
Evgeny Ponomarev(Co-Founder & COO, Cloudless Labs)inTom Trowbridge(Co-Founder & CEO, Cloudless Labs)Dmitry Kurinskiy(Co-Founder & CTO, Cloudless Labs)inBernhard Borges(Chief Scientist, Cloudless Labs)
Co-investorsMulticoin CapitalSignum Capital1kxDistributed GlobalProtocol LabsTiger Global Management
Folks Finance is a decentralized finance (DeFi) protocol that lets users supply crypto assets to earn rewards and use those assets as collateral to borrow other digital assets.
Crypto & Web3Fintech
Benedetto Biondi(Founder & CEO)in
Co-investorsBlack DragonBorderless VentureCoinbase VenturesDanu VenturesMajinx CapitalMapleblock Capital+13 more
Freename is a Web3 domain platform where users can register, tokenize, and manage blockchain-based domains and top-level domains, with tools including Web3 emails, a website builder, DNS, domain resolution, and payment features.
AI & Machine LearningCloud ComputingCrypto & Web3Developer ToolsFintechSaaS
Davide(CEO)
Co-investorsEntrée CapitalBlockchain Founders FundGolden Record VenturesSparkle VenturesTarget Global
Gearbox provides institutional credit infrastructure for tokenized real-world assets and stablecoins, offering margin, prime brokerage, and portfolio loan products.
Crypto & Web3FintechSaaS
Co-investorsPlaceholder VC1kxVariant Fund
Safe provides smart contract wallets on Ethereum and other networks, using multisignature setups that distribute access control across multiple owners with features like spending limits, approval thresholds, role-based access, transaction simulation, and recovery guardians.
Crypto & Web3CybersecurityFintech
Martin Köppelmann(Founder)in
Co-investorsBixin CapitalBixin VenturesCryptonite CapitalDigital Currency Group1kxA&T Capital+10 more
A publication covering deep tech developments, including coverage of autonomous racing where teams use identical hardware (NVIDIA RTX 6000 Ada GPU and 16-core AMD EPYC CPU) and compete on software performance.
AI & Machine LearningDeep TechMedia & Entertainment
Intuition is a decentralized knowledge network with a native blockchain and token-curated knowledge graph for "Information Finance," turning facts, claims, and signals into verifiable, tradable data assets.
AI & Machine LearningCrypto & Web3Data & InfrastructurePortland, US
Khalil Zaidan(LLC Manager)Andrew Cox(Founder)in
Co-investorsF-Prime CapitalWWVenturesAdditionAndreessen HorowitzCoatue ManagementGeneral Catalyst+6 more
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Kredete provides cross-border payment services for diaspora communities and emerging-market populations.
AI & Machine LearningFintechNew York City, US
Adeola Adedewe(Founder)
Co-investorsExpert DOJONeer Venture PartnersPartech VenturesTechstarsAfricInvestBlockchain Founders Fund+1 more
Kredete provides cross-border payment services for diaspora communities and emerging-market populations, enabling money transfers globally.
AI & Machine LearningConsumerFintech
Co-investorsTeam Ignite VenturesAfricInvestBFFBlockchain Founders FundTechstarsTezos Foundation
Liquorice is a DeFi platform that connects solvers, market makers, and liquidity providers through a unified API and creates overcollateralized lending markets for professional trading firms.
Crypto & Web3Fintech
Anatoly Mukhin(Founder)in
Co-investorsL2 Iterative Ventures (L2IV)Greenfield
Streaming service offering Black cultural content.
Co-investorsBase Venture Management, Inc.Bronze InvestmentsFaculty GroupMaC Venture CapitalBlack OperatorGalaxy Digital Assets Fund+2 more
Mellow provides API-first infrastructure that lets fintechs, neobanks, exchanges, wallets, and custodians offer branded yield and earn programs to their users without in-house DeFi expertise.
Crypto & Web3FintechSaaS
Co-investorsArrington CapitalBloccelerate VCLemniscapParaFi CapitalParafi General FundArrington XRP Capital
Paragraph is a publishing platform with an integrated AI agent that automates content creation, editing, and distribution across multiple channels including blogs, newsletters, social media, and landing pages.
AI & Machine LearningCreator EconomySaaS
Denis Nazarov(Founder)
Co-investors2050A.Capital VenturesCatcherVCFourth Revolution Capital (4RC)IDEO CoLab VenturesIOSG Ventures+11 more
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-investorsPaper Ventures
Nevermined provides API monetization infrastructure that enables organizations to sell services to AI agents with automated metering, settlement, and payouts.
AI & Machine LearningCrypto & Web3Developer ToolsEnterprise SoftwareFintechSaaS
Co-investorsFactor CapitalGenerative VenturesMentha PartnersSignature Ventures
Neynar is a software platform for building games, commerce, agents, and social applications on the Farcaster protocol.
Crypto & Web3Developer ToolsSocialWilmington, US
Manan P(Founder)Rishav (Rish) Mukherji(Founder)Manan Patel(Founder)Rishav Mukherji(Founder)
Boarddwr.eth
Co-investorsCoinbase VenturesHaun VenturesZee Prime CapitalSina HabibianUnion Square Ventures (USV)Very Serious Ventures
Ownera provides digital infrastructure solutions for capital markets, enabling financial institutions to digitize and operate securities and financial assets using blockchain-based technology.
Cloud ComputingCrypto & Web3Data & InfrastructureEnterprise SoftwareFintech
Ami Ben-David(Founder & CEO, Member of the Board)inYuval Carmel(Co-Founder & Chief Technology Officer)in
Co-investorsDraper Goren BlockchainVolution Ventures
Rise is a global payroll and payments platform for hiring and paying international contractors and full-time employees, supporting both fiat local currencies and cryptocurrencies.
Crypto & Web3FintechHR Tech
Andrew Maurer(Founder)inIan Chan(Founder)in
Co-investorsDigital Currency GroupDraper AssociatesRyze LabsWWVenturesDCGJam Fund
Safe (formerly Gnosis Safe) develops on-chain smart wallet and multisig infrastructure for the crypto ecosystem, including a smart wallet SDK, multisig interface, recovery modules, and transaction builder.
Crypto & Web3CybersecurityFintech
Lukas Schor(Founder)in
Co-investors1k(x)BitDAOBlockchain CapitalBollinger Investment GroupBootNodeCoinbase Ventures+15 more
Stardust is an advertising platform for mobile app and game marketers, running automated user-acquisition campaigns on iOS and Android with support for MMPs such as AppsFlyer, Adjust, Tenjin, and Singular.
AdTechGamingMarketing Tech
Marcus F.(Founder)inCanaan Linder(Founder)
Co-investorsBackedBlockchain CapitalBlockchain CoinvestorsDelta BlockchainG1 VenturesKindred Capital+7 more
Sygnum is a Swiss- and Singapore-based regulated digital asset banking group serving professional and institutional investors.
Mathias Imbach Gerald Goh(Founder)
Co-investorsFenbushi CapitalMirana VenturesSCB 10XFulgur VenturesSwiss Founders FundVinaCapital Ventures
TACEO builds a privacy layer for public blockchains, offering composable primitives for confidential stablecoin payments, private treasury and DeFi operations, identity verification without exposing user data, and confidential transactions for AI agent commerce.
Crypto & Web3CybersecurityDeveloper Tools
Co-investorsArchetypePragma Ventures
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 CapitalArchetypeArrington CapitalBitDAO+48 more
Trace provides payments and stablecoin infrastructure through a single compliant API, letting businesses convert BRL to stablecoins via PIX in under a minute, hold BRL, USD and EUR accounts, and settle cross-border payments around the clock.
Crypto & Web3Data & InfrastructureFintech
Bernardo Brites(Founder & CEO)in
Co-investors3cubed VenturesMantis Capital2TMAnatoly YakovenkoChainlink labsCircle Ventures+10 more
Trace provides a payments and stablecoin infrastructure API that converts BRL to stablecoins via PIX in under a minute, offers BRL, USD and EUR accounts, and settles cross-border payments around the clock.
Crypto & Web3Data & InfrastructureFintechSão Paulo, BR
Leone Parise(Founder)
Co-investorsFJ LabsHOF Capital
Zerion is a self-custodial, multichain wallet and data platform that aggregates assets and positions across 58+ blockchains in real time, offering swap routing, trading, and an API for wallet data access.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Evgeny Yurtaev(Founder & CEO)inAlex Bashlykov(Director)in
BoardToby Coppel(Director)inVadim Koleoshkin(Director)inBrad Burnham(Director)in
Co-investorsAlliance DAO (ex DeFi Alliance)BitDAOBlockchain CoinvestorsDe Fi Alliance HoldingsDigital Currency GroupG1 Ventures+18 more
Zerion is a pharmaceutical development company that uses its Dispersome formulation technology to improve the solubility and therapeutic performance of poorly soluble drugs.
BiotechDeep TechHealthtechCopenhagen, DK
Korbinian LöbmanninJorrit Waterin
Co-investorsElmehøj VenturesBitscale CapitalBlockchain.com VenturesCoinbase VenturesContinue CapitalDCG+8 more
Zodia Markets provides institutional digital asset trading services, including an OTC brokerage with voice and electronic settlement and a digital asset exchange platform.
Crypto & Web3FintechLondon, GB
Nick Philpott(Founder)
Co-investorsSC VenturesPharsalus CapitalToken Bay CapitalCircle VenturesHuman Capital
Zynk is a cross-border payment infrastructure platform that provides APIs for instant global settlements, converting and moving assets across blockchains, banks, and currencies in real time without pre-funding or treasury management.
Crypto & Web3Data & InfrastructureFintech
Prashanth Swaminathan(Founder)inAbhishek Pitti(Founder)inManish Bhatia(Founder)in
Co-investorsAlliance DAO (ex DeFi Alliance)Hivemind Capital PartnersTranspose Platform ManagementCoinbase VenturesHivemind Capital LLCTykhe Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ECPEmbedInshallahInterfaceLensMansa HoldingsMansafinanceRise LabsSeamSendSocial Graph Ventures
Portfolio news
latest coverage across their companiesBio Protocol · prnewswire.com · Sep 17, 2025
Kredete · fintech.global · Sep 16, 2025
Freename · globenewswire.com · Jul 23, 2025
Frequently asked questions
- How many investments has Polymorphic Capital made?
- Polymorphic Capital has 54 tracked investments, including 7 dated in the last 24 months.
- What stage does Polymorphic Capital invest at?
- Polymorphic Capital invests at the Seed, Series A stages.
- What sectors does Polymorphic Capital focus on?
- Polymorphic Capital focuses on Crypto & Web3, Fintech.
- Does Polymorphic Capital lead rounds?
- Yes, Polymorphic Capital leads investment rounds.
- Who does Polymorphic Capital co-invest with?
- Polymorphic Capital most often shares deals with Coinbase Ventures, G1 Ventures, Signum Capital, among 121 tracked co-investors.
From the blog
visit blog ↗Recent posts focus on fully homomorphic encryption—including a portfolio company's research collaboration with NVIDIA on privacy-preserving AI and a technical overview of FHE development areas—plus a practical piece on gaps in standard SAFE agreements for investors. AI summary
Images
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