Fundraising Fox

Varys Capital

Pre-Seed–Seed Β· 3 people tracked

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Investment thesis

Varys Capital's venture strategy focuses on infrastructure modernization across Latin American financial systems, next-generation blockchain architecture improvements, and Web3 ecosystem expansion. The firm believes in supporting companies enabling local-currency stablecoins, optimized blockchain networking layers, decentralized exchanges, and emerging use cases like gaming and institutional trading infrastructure. The complementary trading desk pursues quantitative, data-driven strategies to outperform traditional assets over the medium term, leveraging volatility and market-neutral positioning.

Source: firm website, verified Jul 21, 2026.

Stage
Pre-Seed–Seed
Instruments
Equity
Tracked investments
30

Team Β· 3 people

from the firm's website
Darius AskaripourΒ· Managing Partner

Darius brings over 16 years of private equity and venture fund management experience. As Managing Partner, he oversees the global team and directs venture capital funding for digital asset projects while managing a multi-strategy quantitative trading fund.

Thomas DunleavyΒ· Head of Venture

Thomas holds CFA and CAIA designations and leads Varys Capital's CIMA and ADGM-registered venture fund. He has managed portfolios exceeding $1 billion and brings expertise in market analysis, project evaluation, and disciplined investment frameworks focused on risk management.

Wojciech SzczygielΒ· Head of Trading

Wojciech has over 14 years of experience in financial markets, including roles at high-frequency trading firms and brokerages. He specializes in sophisticated trading models and advanced risk management systems.

What they invest in

from 3 of 30 portfolio companies

AI & Machine Learning Γ—2Crypto & Web3 Γ—2Creator Economy Γ—1Developer Tools Γ—1Enterprise Software Γ—1Fintech Γ—1SaaS Γ—1

HQs:United StatesΓ—1

Investments Β· 30 tracked

founders shown can be your intro path
Argument Computer Corporation

Zero-knowledge reduction machine providing a minimal instruction set across cryptographic backends and language frontends.

Argument Computer Corporationargument.xyzin𝕏

Argument builds zero-knowledge cryptography, formal verification, and distributed consensus systems for private and decentralized software. The company develops tools including Lurk (a ZK reduction-machine), Yatima (a certifying compiler for provably correct programs), Sphinx (a ZK virtual machine), and ZK light clients for blockchain interoperability.

AI & Machine LearningCrypto & Web3Developer ToolsEnterprise SoftwareBoston, US

John Burnham(Founder)inGabriel Barreto(Founder)inSamuel Burnham(Founder)in

Arties

Gateway enabling traditional artists to enter the Web3 space and make fine art universally accessible.

Bloxtel

Patent-pending wireless networking software layer enabling Web3 data roaming across 4G, 5G, and 6G networks.

Brickken

dApp infrastructure for bringing assets on-chain via Security Token Offerings and enabling legally compliant DAO operations.

Credefi

Lending platform providing crypto-backed and real-world asset-collateralized loans to European SMEs.

Exponent

AI-driven platform delivering research and analytical trading tools for Web3 traders.

Hedera

Provides seamless tokenization of real-world and digital assets at scale with high performance and compliance.

Intervalinterval.xyzin𝕏

A Layer 1 blockchain that powers monetization and licensing of enterprise data through an embedded exchange for AI and financial organizations.

Levrlevr.bet
LEVR

The first decentralized sports betting protocol offering leverage and liquid positions through proprietary book-balancing algorithms.

Lulubitlulubit.appin𝕏

Fully licensed, bank-integrated crypto exchange serving Central America with remittances, stablecoin yield, and crypto debit card.

mfersmirror.xyz

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. It serves content creators, writers, and company teams looking to consolidate their publishing workflow and reach owned audiences.

AI & Machine LearningCreator EconomySaaS

Minteominteo.comin𝕏

Minteo provides stablecoin infrastructure backed by liquid reserves, enabling cross-border money transfers in emerging markets, particularly Latin America. The platform offers regulatory-compliant digital assets with audited smart contracts as an alternative to traditional systems.

Crypto & Web3Fintech

Minteo

Enables local-currency stablecoins within existing banking and payment networks across Latin America.

Mmtmmt.finance
Momentum

A ve(3,3) DEX on Sui designed to align liquidity providers, traders, and protocols through shared incentive structures.

Movement Labs

Develops multiple Layer 1 blockchains using Avalanche Subnet and HyperSDK to address monolithic chain limitations.

Nexo

Digital asset wealth platform offering crypto-backed credit, tokenization services, and wealth management solutions.

Nirvana Labs

Web3-native cloud infrastructure and node solutions provider offering bare-metal optimization for blockchain networks.

Optimumgetoptimum.xyz𝕏
Optimum

Builds networking and memory layers to upgrade blockchain architecture for high-performance distributed computing.

Reyareya.network𝕏
Reya Chain

Blockchain platform eliminating privileged routing with transparent order flow, low-latency execution, and native on-chain liquidity access.

Shrapnel

An AAA blockchain-based FPS game built on Unreal Engine 5 with custom Avalanche Subnet and player-created content tools.

SunSpear

Develops IMMORTAL, a blockchain-based action game merging RTS and MOBA genres with player-owned NFT assets.

Sunspeargamessunspeargames.com𝕏
Supra

Layer 1 blockchain offering 500k TPS performance, multi-VM support, and native oracle services without added complexity.

Tread Labs

Distributed trading infrastructure platform for institutional Web3 clients featuring automated trading and liquidity diversification.

Frequently asked questions

What stage does Varys Capital invest at?
Varys Capital invests at the Pre-Seed, Seed stages.
What sectors does Varys Capital focus on?
Varys Capital focuses on B2B Marketplaces, Crypto & Web3, Fintech, Gaming.

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