Blizzard is a $200M+ venture capital fund backing innovative companies and entrepreneurs building the future of business on the Avalanche blockchain, with focus areas including finance, gaming, enterprise, and infrastructure. It was launched in November 2021 by the Avalanche Foundation and Ava Labs.
Their most common stage is seed (67% of deals). Average disclosed round size is $8.5M (across 9 rounds with reported amounts).
Portfolio
9
Fund Size
$200M
Top Stage
Seed
Last 12 Mo
0
Team
KJ
Kasper J.
Investment Director
VI
Vera Im
Senior Investment Associate
JH
Joshua Hecht
Manager
LC
Lydia Chiu
CIO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Mogul Club | Seed | $3.6M | Nov 2023 |
 Fractal | Seed | $6M | Apr 2023 |
 Cubist | Seed | $7M | Jan 2023 |
 Space and Time | Strategic | $20M | Sep 2022 |
 Block Green | Seed | $3.7M | Jan 2022 |
 Struct Finance | Seed | $3.9M | Jan 2022 |
| OOasis Pro, Inc. | Series A | $27M | — |
| SSeeds Labs | Seed | $2.1M | — |
| SSecurity Token Group | Series A | $3M | — |
Top Co-Investors
HashKey Capital2 shared
Polygon Ventures2 shared
dao52 shared
M121 shared
Framework Ventures1 shared
Foresight Ventures1 shared
SevenX Ventures1 shared
The Spartan Group1 shared
Human Ventures1 shared
CPT Capital1 shared
Circle Ventures1 shared
Hack VC1 shared
Mobility 54 Investment SAS1 shared
CMT Digital1 shared
GoldenTree Asset Management1 shared
Archetype1 shared
Redwood Trust, Inc.1 shared
Mirae Asset1 shared
InterVest1 shared
Draper B11 shared
Last updated: 8 September 2026