Pantera Capital is an American venture capital and hedge fund firm focused exclusively on digital assets, cryptocurrencies, and blockchain technology. Founded in 2003 and headquartered in San Francisco, it was the first U.S. institutional asset manager dedicated to blockchain, managing multiple funds across venture, liquid token, and passive strategies. Its newest fund, Pantera Fund V, is an all-in-one blockchain fund targeting $1 billion in committed capital.
36% of their portfolio is in Crypto & Web3. Deal activity increased 250% year-over-year (14 deals in the last 12 months). Average disclosed round size is $43.1M (across 109 rounds with reported amounts).
Portfolio
98
Fund Size
$1B
Top Stage
Seed
Last 12 Mo
8
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
112 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Based | Series A | $11.5M | Feb 2026 |
 Novig | Series B | $75M | Feb 2026 |
 Doppler | Seed | $9M | Jan 2026 |
 A1Zap by A1Base | Seed | $4.3M | Jan 2026 |
 Asksurf Ai | Series A | $15M | Dec 2025 |
 Transcrypts | Seed | $15M | Oct 2025 |
 Coinflow | Unknown | $25M | Oct 2025 |
 Meanwhile | Series B | $82M | Oct 2025 |
 M0 | Series B | $40M | Aug 2025 |
| VVigil | Seed | $5.7M | Aug 2025 |
| SSubzero Labs | Seed | $20M | Aug 2025 |
 Amber Group | Series B | $25.5M | Jun 2025 |
 Zama | Series B | — | Jun 2025 |
 Zama | Series B | $57M | Jun 2025 |
 Gradient Network | Seed | $10M | Jun 2025 |
| AaPriori | Strategic | $20M | Jan 2025 |
 Rialo | Unknown | $20M | Jan 2025 |
 Azra Games | Series A | $42.7M | Oct 2024 |
 Sahara AI | Series A | $43M | Aug 2024 |
 Sentient AI | Seed | $85M | Jul 2024 |
| NNexus Laboratories, Inc. | Series A | $25M | Jun 2024 |
 Morph | Seed | $19M | Mar 2024 |
| SSentient | Seed | $85M | Jan 2024 |
 Pontem | Unknown | $6M | Jan 2024 |
| AAndalusia Labs | Series A | $48M | Dec 2023 |
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Top Co-Investors
Coinbase Ventures25 shared
Lightspeed Venture Partners17 shared
Digital Currency Group14 shared
Jump Crypto10 shared
Dragonfly9 shared
Founders Fund8 shared
Multicoin Capital7 shared
The Spartan Group7 shared
Blockchain.com Ventures7 shared
Greylock Partners6 shared
Ribbit Capital6 shared
Hack VC6 shared
Solana Ventures6 shared
Valor Equity Partners5 shared
Polychain Capital5 shared
Wintermute Ventures5 shared
Brevan Howard5 shared
Tiger Global Management, LLC4 shared
Redpoint Ventures4 shared
Foundation Capital4 shared
Last updated: 7 September 2026