Polychain Capital is a venture capital firm exclusively focused on investments in cryptocurrency and blockchain technology. Their strategy involves identifying and supporting transformative, high-potential projects and foundational protocols within the blockchain ecosystem, including early-stage ventures and later-stage companies, with a recent emphasis on the intersection of AI and blockchain, and modular blockchain infrastructure.
43% of their portfolio is in Crypto & Web3. Deal activity decreased year-over-year (2 deals in the last 12 months vs 10 prior). Average disclosed round size is $46.5M (across 49 rounds with reported amounts).
Portfolio
53
Fund Size
$5.6B
Top Stage
Series A
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
53 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| VVeryAI | Seed | $10M | Mar 2026 |
 Aria Protocol Labs Inc. | Seed | $15M | Sep 2025 |
 Level | Seed | $2.6M | Mar 2025 |
| AAxelar Foundation | Unknown | $30M | Mar 2025 |
| AAPRO Oracle | Seed | $3M | Oct 2024 |
 Bitlayer | Series A | $9M | Oct 2024 |
| PPIP Labs | Growth | $80M | Aug 2024 |
 Story | Series B | $80M | Aug 2024 |
| SSahara AI | Series A | $43M | Aug 2024 |
 OpenLedger | Seed | $8M | Jul 2024 |
| AAllora Labs | Unknown | — | Jun 2024 |
 Movement Labs | Series A | $38M | Apr 2024 |
 Clique | Series A | $8M | Mar 2024 |
 Polyhedra Network | Growth | $20M | Mar 2024 |
| PP0x Labs | Series A | $25M | Jul 2023 |
 REALLY | Seed | $18M | Feb 2023 |
 Evertas | Series A | $14M | Dec 2022 |
 Fleek | Series A | $25M | Dec 2022 |
 Uniswap Labs | Series B | $165M | Oct 2022 |
 Aspen Creek Digital Corporation | Series A | $8M | Sep 2022 |
 Sunscreen | Seed | $4.7M | Jul 2022 |
| HHologram Labs | Seed | $6.5M | Jul 2022 |
| AAnoma Foundation | Unknown | $26M | Nov 2021 |
 Saddle | Series A | $7.5M | Nov 2021 |
 Matrixport | Series C | — | Oct 2021 |
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Top Co-Investors
Andreessen Horowitz10 shared
Coinbase Ventures6 shared
Dragonfly5 shared
CMS4 shared
Bain Capital Ventures4 shared
Electric3 shared
CMT Digital3 shared
Pantera3 shared
Placeholder3 shared
Slow Ventures3 shared
SV Angel3 shared
Galaxy Digital Ventures2 shared
Tiger Global Management2 shared
Hack VC2 shared
Binance Labs2 shared
A Capital2 shared
CoinFund2 shared
Variant2 shared
Nascent2 shared
Alameda Research2 shared
Last updated: 12 April 2026