/Investor DB

White Paper Capital

Venture capital

Seed–Growth

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Investment thesis

White Paper Capital invests in movements and organisations at every stage of development that can turn big, novel ideas into reality. The firm is drawn to areas including blockchain, financial inclusion, education, equal rights, mental health, meditation, and environmental protection. Its approach balances both non-profit and for-profit organisations (roughly a 30/70 split) and splits investments evenly between early and growth stages.

Source: firm website, verified Oct 3, 2026.

Stage
Seed–Growth
Instruments
Equity
Tracked investments
27

What they invest in

from 15 of 27 portfolio companies

Crypto & Web3 ×8Impact & Social Good ×5Developer Tools ×4Fintech ×4AI & Machine Learning ×3Consumer ×2EdTech ×2Social ×2

HQs:United States×3Switzerland×1Nigeria×1Netherlands×1Thailand×1

Who they back

founder profiles across 8 portfolio companies
38%
solo founders
3 of 8 mapped founding teams

Founding team size:solo founder×32 founders×43 founders×1

Investments · 27 tracked

founders shown can be your intro path
Alephiumalephium.orgin𝕏Sep 2021 · $3.6M

Alephium is a scalable Layer-1 blockchain that pairs energy-efficient Proof-of-Work security with expressive smart contracts, using a BlockFlow sharding design and a stateful UTXO model.

Crypto & Web3Deep TechDeveloper Tools

Co-investorsAlphemy Capital

Asaakasaak.com𝕏

Asaak provides financing solutions for small and medium enterprises in Africa, with a focus on vehicle financing for ride-hailing and logistics operators.

B2B MarketplacesFintech

Kaivan Sattarin

Co-investors500 GlobalFounders Factory AfricaHOF CapitalResolute VenturesSur Ventures

Bitcoin Suissebitcoinsuisse.com

Bitcoin Suisse Group is Switzerland's leading premium crypto financial services provider offering regulated digital asset and investment management services.

Crypto & Web3FintechSwitzerland, CH

Fabian Hediger(Founder)inNiklas Nikolajsen von Karlshof(Founder)in

Co-investorsExelixis CapitalRockawayX

Boson Protocolbosonprotocol.ioin𝕏

Boson Protocol is a decentralized agentic commerce protocol using non-custodial escrow, slashable seller bonds, and on-chain dispute resolution so agents, APIs, apps, and humans can trade any asset with untrusted counterparties.

AI & Machine LearningCrypto & Web3E-commerce

Co-investorsBlack DragonBR CapitalG1 VenturesNarcissus VenturesOutlier Ventures

Charity Watercharitywater.orgin𝕏

Charity: Water is a nonprofit organization that funds and implements water infrastructure projects to provide clean and safe water to underserved communities across multiple countries.

CleantechImpact & Social GoodSocialNew York, US

Scott Harrison(Founder)in

Co-investorsBezos ExpeditionsIndex VenturesLightbankSpark CapitalUnion Square Ventures (USV)UTA Ventures

Childs Dreamchildsdream.orgin

Child's Dream is a charitable, not-for-profit organization operating in Southeast Asia that provides basic and higher education as well as health services.

EdTechHealthtechImpact & Social GoodChiang Mai, TH

Citizenscitizens.coffee

Citizen Coffee roasts and sells coffee, offering bold blends and single-origin selections that are freshly roasted in Houston.

ConsumerDirect to ConsumerFoodTechHouston, US

Coinburpcoinburp.com

UK-based cryptocurrency trading platform offering quick and accessible registration and one of the fastest growing crypto trading services.

Co-investorsAlphabit FundChronos VenturesEllipti

Flowonflow.org𝕏

Flow is a blockchain network designed for consumer decentralized finance applications, offering institutional-grade financial products, yield optimization, and automated strategies with features like prediction markets, home equity credit lines, and scheduled transactions that require no cryptocurrency knowledge.

ConsumerCrypto & Web3Fintech

Co-investorsa16z cryptoAppWorks VenturesCeras VenturesMulticoin CapitalValor Capital GroupYoubi Capital+1 more

Friends Internationalfriends-international.orgin𝕏

Friends-International is a social enterprise providing services to marginalized children, youth, and families worldwide, focusing on life-saving interventions, education access, employment support, and family rebuilding through innovative social business models.

Impact & Social GoodSocial

Humanetechhumanetech.comin𝕏

Center for Humane Technology (CHT) is a nonprofit organization focused on the societal impacts of technology, particularly AI, working across policy, technology design, and psychology to identify misaligned incentives and advocate for design- and policy-based interventions.

AI & Machine LearningImpact & Social Good

Tristan HarrisinAza RaskininDaniel Barcayin

Mintlayermintlayer.org𝕏

Mintlayer is a platform that integrates Bitcoin liquidity with decentralized finance solutions to enable Bitcoin holders to participate in DeFi applications.

Crypto & Web3Developer ToolsFintech

Enrico Rubboli(Founder)inAnna MacMillan(Co-Founder)

BoardCharlie Shrem

Co-investorsDigital Finance GroupDutch Crypto InvestorsDruid Ventures

NEARnear.org𝕏

NEAR is an open blockchain infrastructure powering the agent economy, providing cross-chain execution, confidential settlement, and private inference capabilities.

AI & Machine LearningCloud ComputingCrypto & Web3Miami, US

Illia Polosukhin(Founder)inAlexander Skidanov(Founder)

Co-investors0 VenturesA.Capital Venturesa16z cryptoAccompliceAdvanced BlockchainAmbush Capital+42 more

Polkadotpolkadot.network

Polkadot is an open-source proof-of-stake protocol that links independent blockchains for shared security and cross-chain messaging.

Gavin Wood(Founder)Peter Czaban(Founder)Robert Habermeier(Founder)

Co-investors1confirmationAdvanced BlockchainAngelONE CapitalArrington CapitalBig Candle CapitalBlock Infinity+29 more

Sheltersuitsheltersuit.comin

Sheltersuit creates products to support people experiencing homelessness, operating social sewing ateliers that provide professional development training and employment while repurposing high-quality materials.

Advanced ManufacturingCircular EconomyImpact & Social Good

Bas Timmerin

Co-investorsDOEN Participaties

SWARMethswarm.org𝕏

Swarm is an open-source, decentralised peer-to-peer storage and communication network that lets developers build serverless, permissionless web3 applications, run Bee nodes, and store data in a fault-tolerant, censorship-resistant way.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investorsNarcissus VenturesMiddleland CapitalOpen PrairieRadicle GrowthS2G InvestmentsSerra Ventures+1 more

The Ethereum Foundationethereum.orgin𝕏

ethereum.org is a public, open-source educational resource and community portal for the Ethereum blockchain network, maintained by a core team and thousands of global contributors.

Crypto & Web3Developer ToolsEdTech

Aya Miyaguchiin

Co-investors1confirmationAdvanced BlockchainBaseTwoBloccelerate VCBollinger Investment GroupCollab+Currency+22 more

Veridaverida.io

A developer of decentralized technologies giving individuals ownership and control over their personal data.

Co-investorsAmesten CapitalHash CIB

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Center for Humane TechnologyCitizen CoffeeCloverClover FinanceClover Finance Asset ManagementNEAR ProtocolPlanSuperworldYoutube Blue

Frequently asked questions

How many investments has White Paper Capital made?
White Paper Capital has 27 tracked investments.
What stage does White Paper Capital invest at?
White Paper Capital invests at the Seed, Series A, Growth stages.
What sectors does White Paper Capital focus on?
White Paper Capital focuses on Climate Tech, Crypto & Web3, EdTech, Fintech, Impact & Social Good, Mental Health, Sector Agnostic, Wellness & Fitness.
Who does White Paper Capital co-invest with?
White Paper Capital most often shares deals with Narcissus Ventures, Advanced Blockchain, Ceras Ventures, among 105 tracked co-investors.

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