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Protofund

4 employees

Protofund is an early-stage venture fund investing in blockchain/web3 and consumer products.

Investor insights

Sectors invested in

Financial Services5
Blockchain4
FinTech3
Cryptocurrency3
Finance3
Internet2
Wealth Management1
Software1
Internet of Things1
Virtual Currency1
Mobile Apps1
Personal Finance1
Developer Platform1
Blockchain technology1
cryptocurrency1
Bitcoin1

Funding rounds participated in

$1.5M sweet spot round size

Most of their 12 investments are in rounds between $3.1M and $15M

Investor type

Venture Capital

Basic info

Industry

venture capital and private equity principals

Sectors

Consumer Applications
Blockchain
Consumer Software
Venture Capital

Date founded

2021

Investments made

U

Undisclosed raised $17M on September 7, 2023

Investors: The Spartan Group, Upsparks, Pantera Capital, Elevation Capital, Goodwater Capital, StarkWare and Protofund

N

Nestment raised $3.5M on February 21, 2023

Investors: Concrete Rose Capital, VamosVentures, The MBA Fund, IDEA Fund Partners, Airbnb and Protofund

S

Spice Finance raised $1.7M on October 27, 2022

Investors: Side Door Ventures, Shima Capital, -, Origin Protocol, Big Brain Holdings, Hypotenuse Labs and Protofund

M

Magna raised $15M on September 15, 2022

Investors: Protocol Labs, Polygon Labs, Tusk Ventures, Shima Capital and Protofund

U

Undisclosed raised $3.1M on January 13, 2022

Investors: Alameda Research, Pantera Capital and Protofund

A

Arcade.xyz raised $15M on December 22, 2021

Investors: Lemniscap, Eniac Ventures, Quiet Capital, Pantera Capital, GoldenTree Asset Management and Protofund

C

Center Pixel, Inc raised undisclosed on December 21, 2021

Investors: Lattice Capital, Tess Ventures, Anti Fund Investment Fund, SV Angel, Quiet Capital and Protofund

U

Undisclosed raised $3.5M on October 19, 2021

Investors: mgnr.io, GSR, Alameda Research, LedgerPrime, CMS Holdings, LLC, Wintermute and Protofund

B

Buenbit raised $11M on July 10, 2021

Investors: Libertus Capital, Galaxy Digital, FJ Labs and Protofund

V

Vinovest raised undisclosed on March 31, 2021

Investors: 10X Capital and Protofund

FAQ