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 (48% of deals). Average disclosed round size is $7.5M (across 23 rounds with reported amounts).
Portfolio
22
Fund Size
$200M
Top Stage
Seed
Last 12 Mo
0
Team
KJ
Kasper J.
Investment Director
VI
Vera Im
Senior Investment Associate
LC
Lydia Chiu
CIO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| SSuzaku | Unknown | $1.5M | Jan 2025 |
 Umoja | Seed | $4M | Mar 2024 |
 Homium | Series A | $10M | Jan 2024 |
 Mogul Club | Seed | $3.6M | Nov 2023 |
 Movement Labs | Pre-Seed | $3.4M | Sep 2023 |
 Fractal | Seed | $6M | Apr 2023 |
 Cubist | Seed | $7M | Jan 2023 |
 Space and Time | Strategic | $20M | Sep 2022 |
 Struct Finance | Seed | $3.9M | Mar 2022 |
 Struct | Seed | $3.9M | Mar 2022 |
 Block Green | Seed | $3.7M | Jan 2022 |
| Struct Finance | Seed | $3.9M | Jan 2022 |
| VVCRED | Seed | $1.5M | Jan 2022 |
 Dexalot | Unknown | $7M | Jan 2022 |
 Bware | Series A | $6M | Jan 2022 |
 PearPop | Series A | $18M | Jan 2022 |
 Oasis Pro, Inc. | Series A | $27M | — |
 Panoptic | Unknown | $4.5M | — |
 Trips | Pre-Seed | $2.5M | — |
 Humanode | Seed | $2M | — |
 Seeds Labs | Seed | $2.1M | — |
| SSecurity Token Group | Series A | $3M | — |
| OOasis Pro Markets | Series A | $27M | — |
Top Co-Investors
Ava Labs7 shared
dao53 shared
Coinbase Ventures3 shared
Bixin Ventures3 shared
Spark Capital3 shared
Wintermute Ventures3 shared
Antler3 shared
Woodstock Fund3 shared
HashKey Capital2 shared
Polygon Ventures2 shared
The Spartan Group2 shared
Hack VC2 shared
Redwood Trust, Inc.2 shared
Gate Labs2 shared
Founders Fund2 shared
Finality Capital Partners2 shared
Double Peak Group2 shared
FBG Capital2 shared
Infinity Ventures Crypto2 shared
SkyVision Capital2 shared
Last updated: 20 October 2026