Primitive Ventures — Full Portfolio

Berachain is a Layer 1 blockchain network built around a Proof of Liquidity mechanism that directs block reward emissions as non-dilutive growth capital to ecosystem applications in exchange for revenue sharing with the network and tokenholders.

Crypto & Web3Developer ToolsFintech

Smokey the Bera(Founder)Homme Bear(Founder)Smokey The Bera(Founder)

Co-investorsALAlphaLab CapitalARArrington CapitalBOBorderless VentureCACaladanCICitizenX Crypto VenturesCVCVP NoLimit+20 more

Biconomy provides developer tools and APIs that handle transaction infrastructure for blockchain applications.

Aniket Jindal(Founder)in

Co-investorsBIBitDAOBOBorderless VentureCOCoinbase VenturesCOCoinFundCRCreative Destruction Lab (CDL)D1D11-Labs+29 more

BounceBit provides a blockchain-based yield and credit platform that allows users to deposit cryptocurrencies (BTC, ETH, SOL, USDT, BNB) to earn yield and access interest-free credit lines.

Crypto & Web3Fintech

Jack L.(Founder)in

Co-investorsARArcane GroupBABankless VenturesBLBlockchain CapitalGEGeekCartelHTHTX Ventures (ex Huobi Ventures)

Cartridge provides infrastructure for onchain games, including a game-native wallet and identity system (Cartridge Controller) and a deterministic onchain game engine (Dojo Engine).

Crypto & Web3Developer ToolsGaming

Co-investorsALAlliance DAO (ex DeFi Alliance)BIBitkraft Esports VenturesCHChapter OneFAFabric VenturesSPSpice CapitalDUDune Ventures+3 more

Deliverr was an e-commerce fulfillment startup offering fast, Amazon Prime-like two-day delivery for merchants selling on marketplaces like Shopify, Walmart, and eBay via a distributed network of warehouses.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US

MKMichael Krakaris(Founder)inDCDavid C. Petersen(Founder)inHarish Abbott(Founder)RPRyan Petersen(Founder)in

Co-investors8V8VCACActivant CapitalALAlumni VenturesKRKrillion VenturesNFNFI Ventures, LLC9Y9Yards Capital+32 more

DODO is a decentralized exchange and on-chain liquidity protocol built on a Proactive Market Maker algorithm.

Co-investorsASAssembly PartnersCOCoinbase VenturesD1D1 VenturesGAGalaxy VenturesIOIOSG VenturesLOLongHash Ventures+5 more

Drift (now part of Salesloft) provides AI chat agents that engage website visitors in real time, capture buyer intent, and feed those signals into Salesloft's Predictive Revenue System to trigger seller actions.

AI & Machine LearningMarketing TechSales Tech

DCDavid Cancel(Founder)inETElias Torres(Founder)in

Co-investorsAVAvenir Growth CapitalFOFounder CollectiveGEGeneral CatalystHAHarmony PartnersNENextView VenturesONOnStartups+2 more

Ethena operates a crypto protocol offering USDe, a digital dollar, and sUSDe, a reward-accruing asset backed by collateralized assets with third-party attestations.

Crypto & Web3Fintech

GYGuy Young(Founder)in

Co-investorsALAlphaLab CapitalATAtaraxia CapitalBIBitDAOBRBreedCACaladanCVCVP NoLimit+21 more

Earlybird is a Solana-based pre-IPO prediction markets protocol offering long/short exposure to private startups.

Santhosh Narayan(Founder)in

Co-investorsCOCoinbase Ventures6T6th Man VenturesDRDragonflyGAGalaxy InteractiveNFNFXPAPantera Capital

Lite Strategy, Inc.

BiotechCrypto & Web3FintechHealthtechSan Diego, US

DMDavid M. Urso(Executive Officer)inDaniel P. Gold(Executive Officer, Director)BGBrian G. Drazba(Executive Officer)inMr. File(Chief Executive Officer & Board Member (former CFO))J(Justin (Jay) File(CEO, CFO)inKevan E. Clemens(Director)

Co-investors3B3B Future Health FundAIAisling CapitalGSGSRNENew Enterprise Associates (NEA)AMAmzak HealthBIBiotechnology Value Fund+1 more

Crypto data, research and disclosure platform covering 40,000+ assets; acquired by Blockworks in June 2026.

RSRyan Selkis(Founder)inDan McArdle(Founder)Eric Turner(Founder)

Co-investorsANAnthemis VentureBLBlockchain CapitalBLBlockchain CoinvestorsCOCoinbase VenturesFAFabric VenturesFEFenbushi Capital+20 more

NAOS Finance is a blockchain lending protocol connecting DeFi lenders with SME borrowers using tokenized real-world assets.

Co-investorsCOCoinbase VenturesSOSora VenturesYOYoubi CapitalAUAU21 CapitalCOCollider VenturesCRCrypto com Capital+11 more

Operating system and coordination layer for intelligent robots

JLJan Liphardt(Founder)in

Co-investorsPEPebblebedANAnagram VenturesCOCoinbase VenturesDIDigital Currency GroupFAFactionHOHongShan Capital Group+4 more

Particle Network provides developer infrastructure for onchain applications, including Universal Accounts that let users access dApps with assets from any blockchain without bridging, account abstraction for gas sponsorship and removing signature popups, and social logins for one-click onboarding.

Crypto & Web3Data & InfrastructureDeveloper Tools

PWPengyu Wang(Founder)in

Co-investorsALAlphaLab CapitalARArcane GroupBIBitDAOBLBloccelerate VCCACaladanFOFOMO Ventures+12 more

Refactor builds AI agents that automate operations for large organizations in retail, healthcare, and logistics, enabling tasks like catalog management, customer service, and account management within legacy software systems.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

AJArnav Joshi(CEO)inDaniel Zamoshchin

Co-investorsY Y CombinatorAGAgrolimen VenturesGEGeneral CatalystUNUnpopular Ventures

Sapien provides analytics software for operations and finance teams to decompose unit economics, trace margin variance to operational drivers, and model sourcing, pricing, and capacity scenarios.

AI & Machine LearningEnterprise SoftwareFintechSaaS

RNRon Nachum(Co-founder)inAGArya Grayeli(Co-founder)inPranav Ravella(Co-founder)in

Co-investorsFIFirestreak VenturesFOFOG VenturesGEGeneral CatalystARArtichoke CapitalIVIVCPOPortal

Sapien builds PoQ, an open blockchain-based infrastructure that produces verifiable quality signals for AI training data, letting teams audit and prove the provenance and trustworthiness of data used in AI systems.

AI & Machine LearningCrypto & Web3Data & Infrastructure

Rowan Stone(CEO)inTMTony Marks(Founder)inTKTrevor Koverko(CSO)inKelly Ryan(CTO)in

Co-investorsCOCoinbase VenturesFOFounderheads,REReflexive CapitalSOSoma CapitalTRTranspose Platform ManagementVAVariant Fund+3 more

Sentient is an AI solutions provider offering enterprise services including automatic speech recognition for Asian languages.

CYChristopher Yeo(Founder)in

Co-investorsDGDG Daiwa VenturesDGDG Ventures, Inc.UNUntroD CapitalARArrington CapitalCACanonical CryptoETEthereal Ventures Management Ltd.+10 more

Sharplink is a Nasdaq-listed company (ticker SBET) that runs an Ethereum digital asset treasury strategy, staking and actively managing ETH to grow ETH holdings per share for shareholders through custody, execution, risk controls, and DeFi participation.

Crypto & Web3FintechMinneapolis, US

RPRob Phythian(Chief Executive Officer)inRDRobert DeLucia(Chief Financial Officer)inJCJoseph ChalominJoe Housman(Director)Adrienne Anderson(Director)Chris Nicholas(Executive Officer)

Co-investorsDIDigital StrategiesWHWhite Star CapitalCMCMCC Global

SpaceComputer is a distributed satellite network providing censorship-resistant computation and verifiable settlement across Earth and orbit, using satellite-hosted trusted execution environments (TEEs), confidential smart contracts, and quantum-hardened cryptography.

CybersecurityDeep TechSpace Tech

DBDaniel Bar(Co-Founder & CEO)in

Co-investorsLALattice CapitalMAMaven 11STStarship VenturesNENext Frontier CapitalPOPolygon

StarkWare develops zero-knowledge proof and validity rollup solutions for blockchain applications, enabling secure, scalable, and trustless transactions.

Crypto & Web3Deep TechDeveloper ToolsNetanya, IL

EBEli Ben-Sasson(Founder)inUKUri Kolodny(Founder)inAlessandro Chiesa(Founder)inMRMichael Riabzev(Founder)inALAvihu Levy(Head of Product & Blockchain Research)inOren Katz(VP Engineering)in

Co-investorsATAtomicoBABalaji SrinivasanBLBlockchain CoinvestorsBOBollinger Investment GroupCACapital B Private HoldingsCHChapter One+23 more