$2.7M sweet spot round size
Most of their 12 investments are in rounds between $1.8M and $5.8M
2021
Curio Research raised $2.9M on February 23, 2023
Investors: The Chernin Group, Smrti Lab, Bain Capital Crypto and FormlessCapital
WEAVEDB LTD raised $900K on January 17, 2023
Investors: Mask Network, Arweave, CMT Digital and FormlessCapital
Outdefine raised $2.5M on December 12, 2022
Investors: The Chernin Group, BLOCORE, Jump Crypto, Big Brain Holdings and FormlessCapital
Undisclosed raised $10M on October 17, 2022
Investors: Immutable, Blockchain Coinvestors & Fifth Era, Leonis Partners, Antalpha, GSR, Anthos Capital, JetsCapital and FormlessCapital
Undisclosed raised $5.8M on August 9, 2022
Investors: BITKRAFT Ventures, BLOCORE, VISTALABS, GuildFi and FormlessCapital
Cybever raised undisclosed on June 29, 2022
Investors: Compute Ventures, Mask Network, The Spartan Group and FormlessCapital
Taki raised $3.5M on April 7, 2022
Investors: Gemini, Roka Works, SuperLayer, DCG Expeditions, Kraken Ventures and FormlessCapital
Undisclosed raised $1.8M on April 1, 2022
Investors: 1inch Network, Polymorphic Capital, FBG Capital, Big Brain Holdings and FormlessCapital
Gaming Revolution for International Development (GRID) raised $1.3M on January 14, 2022
Investors: Realist Ventures, 11 Tribes Ventures, Mask Network, Zell Capital, Blockchain Founders Fund and FormlessCapital
Undisclosed raised $1.8M on December 7, 2021
Investors: Chronos Ventures, OP Crypto, Block Ventures, ZBScapital, Oriole Ventures and FormlessCapital