$10M sweet spot round size
Most of their 42 investments are in rounds between $5M and $20M
2017
Utopia Labs raised $23M on June 1, 2023
Investors: Infinity Ventures Crypto (IVC), Gusto!, Fourth Revolution Capital, Paradigm, Kindred Ventures and Distributed Global
Tools for Humanity raised $115M on May 25, 2023
Investors: Blockchain Capital LLC, a16z crypto, Bain Capital Crypto and Distributed Global
Sei Labs raised $30M on April 11, 2023
Investors: Multicoin Capital, Hyperithm, Hypersphere Ventures, Flow Traders, Jump Crypto and Distributed Global
Huma Finance raised $8.3M on February 23, 2023
Investors: Race Capital, Circle, Folius Ventures, ParaFi Capital and Distributed Global
Undisclosed raised $6M on February 1, 2023
Investors: Flow Ventures, Infinity Ventures Crypto (IVC), CitizenX and Distributed Global
Undisclosed raised $3.5M on January 31, 2023
Investors: North Island Ventures, Node Capital, Fabric Ventures and Distributed Global
SphereOne raised $2.5M on January 19, 2023
Investors: Newark Venture Partners and Distributed Global
Nillion raised $20M on December 12, 2022
Investors: Chapter One, The Presale Club, Big Brain Holdings, GSR, HashKey Group, OP Crypto and Distributed Global
Fleek raised $25M on December 1, 2022
Investors: Arweave, Polychain Capital, Protocol Labs, Argonautic Ventures, Digital Currency Group, North Island Ventures and Distributed Global
Stardust raised $30M on October 18, 2022
Investors: Acrew Capital, Framework Ventures, Blockchain Capital LLC and Distributed Global