Delphi Ventures, an arm of Delphi Digital, is a thesis-driven, high-conviction firm that focuses on investing in Web3, crypto, and decentralized technology startups. They provide long-term capital, intelligence, and active support to their portfolio companies, assisting with aspects like networking, project design, and tokenomics.
38% of their portfolio is in AI. Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Their most common stage is seed (62% of deals). Average disclosed round size is $7.6M (across 5 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Seed
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
Top Co-Investors
Big Brain Holdings2 shared
Kindred Ventures2 shared
Upfront Ventures2 shared
Google DeepMind2 shared
Coinbase Ventures1 shared
Alameda Research1 shared
Tiger Global Management1 shared
DeFiance Capital1 shared
Polygon1 shared
CoinFund1 shared
Karatage1 shared
Nascent1 shared
A.Capital Ventures1 shared
GV (Google Ventures)1 shared
Weights & Biases1 shared
Factorial Capital1 shared
EI Ventures1 shared
Last updated: 5 March 2026