Figment Capital is the investment arm of Figment Inc., a Toronto-based Proof-of-Stake staking infrastructure provider. Launched in 2021 and headquartered in New York, Figment Capital backs early-stage Web3 and blockchain infrastructure projects, leveraging its parent company's deep expertise in operating and governing decentralized networks.
45% of their portfolio is in Crypto & Web3. Their most common stage is seed (45% of deals). Average disclosed round size is $12.0M (across 21 rounds with reported amounts).
Portfolio
21
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
JP
James Parillo
General Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
22 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Sperm Racing | Seed | $10M | Jan 2025 |
 Megalabs | Seed | $20M | Jun 2024 |
 Phylax | Pre-Seed | $4.5M | Jan 2024 |
 Predicate | Pre-Seed | $7M | Jan 2023 |
 Phi Labs | Seed | $21M | Mar 2022 |
 Ceramic | Series A | — | Jan 2022 |
 Quasar | Unknown | $6M | Jan 2022 |
 3Box | Series A | $30M | Jan 2022 |
| FFairside | Unknown | $4.2M | Nov 2021 |
| FFairside | Unknown | $4.2M | Jan 2021 |
 ChainML | Seed | $6.2M | — |
 MegaETH | Seed | $20M | — |
| SSaga.xyz | Seed | $6.5M | — |
 Alluvial | Seed | $6.2M | — |
 t3rn | Unknown | $6.5M | — |
 Reown | Series B | $13M | — |
 Astria | Unknown | $12.5M | — |
| TTurtle | Unknown | $5.5M | — |
 Khalani | Seed | $2.5M | — |
 Avail | Series A | $43M | — |
| MMegaLabs (MegaETH) | Seed | $20M | — |
 Semantic Layer | Seed | $3M | — |
Top Co-Investors
Dragonfly4 shared
CoinFund3 shared
Hashed3 shared
Coinbase Ventures3 shared
1kx3 shared
Hypersphere Capital3 shared
Big Brain Holdings3 shared
Animoca Brands2 shared
Union Square Ventures2 shared
Jump Crypto2 shared
Multicoin Capital2 shared
Protocol Labs2 shared
Variant2 shared
Dapper Labs2 shared
Blockchain Capital2 shared
Polychain Capital2 shared
Reciprocal Ventures2 shared
HashKey Capital2 shared
Foresight Ventures2 shared
LongHash Ventures2 shared
Last updated: 8 September 2026