Polymorphic Capital is an application-centric Web3 venture capital firm founded in 2021 and headquartered in London. It invests in teams building decentralized protocols and practical Web3 use cases across DeFi, payments, real-world assets, AI, and infrastructure.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $15.2M (across 22 rounds with reported amounts).
Portfolio
19
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
22 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Zynk Labs | Seed | $5M | Nov 2025 |
 Mansa | Pre-Seed | $10M | Feb 2025 |
| Mansa | Seed | $10M | Feb 2025 |
| Zynk Labs | Seed | $5M | Jan 2025 |
 Nevermined | Unknown | $4M | Jan 2025 |
| DDue Network | Unknown | $7.3M | Jan 2025 |
| NNaptha AI | Pre-Seed | $6M | Jan 2024 |
 Jiritsu | Unknown | $10.2M | Sep 2023 |
 Mansa | Seed | $8M | Jan 2023 |
 Zerion | Series B | $12.3M | Oct 2022 |
 Ownera | Series A | $20M | Sep 2022 |
 3Box | Series A | $30M | Jan 2022 |
 Kredete | Series A | $22M | — |
 Concept Art House | Series A | $25M | — |
 TACEO | Seed | $5.5M | — |
| SSafe Ecosystem | Unknown | $100M | — |
| KKredete, Inc | Series A | $22M | — |
 Freename | Series A | $6.5M | — |
| FFair Math | Pre-Seed | $1.4M | — |
| MMansa Finance | Pre-Seed | $10M | — |
| AAzuro Protocol | Unknown | $11M | — |
| Mansa | Pre-Seed | $3M | — |
Top Co-Investors
Tether5 shared
Coinbase Ventures4 shared
Octerra Capital4 shared
Protocol Labs3 shared
Alliance DAO3 shared
Placeholder2 shared
AfricInvest2 shared
Animoca Brands2 shared
Digital Currency Group2 shared
Dapper Labs2 shared
Transpose Platform2 shared
Halo Capital2 shared
gumi Cryptos Capital2 shared
Stonks2 shared
Yunt Capital1 shared
Cherry Ventures1 shared
Mosaic Ventures1 shared
Wintermute Ventures1 shared
Alchemy Ventures1 shared
Techstars1 shared
Last updated: 7 October 2026