Venture Trotter Weekly Review: Week Ending 8/19/22

Last Week’s Crypto Investment Highlights

Links to the recipient website, investment announcement, and token info are provided via hyperlinks on the Recipient Name, $ Raised, and Token columns respectively.

Recipient $ Raised Lead Investors Description Token
Algorand Inc
Koibanx is the leading tokenization & Blockchain payments platform in Latam
Buy, sell and mint fractions of NFTs
Jump Crypto
Digital payment company
CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ
Web3 identities for you and your community
Bain Capital Crypto
Primitive’s focus is to build innovative products oriented around Automated Market Makers (AMMs) and their evolving role in decentralized finance (DeFi).
Launchpad Capital
Commission-free crypto trading
Starkware, Geometry Research, ReadyPlayerDAO, Neon DAO, Road Capital, Formless Gamma, Bonfire Union
Matchbox is an ecosystem DAO to ignite and fuel on-chain games on StarkNet
Human Capital and MaC Venture Capital
People-Powered Pharma
Yunqi Partners and Web3Vision
Open-source one-stop self-custody solution provider for institutions securely explore cryptoverse
Node Capital and Digital Currency Group (DCG)
Cybersecurity company specializing in blockchain technology
Blockchain Capital
Maximize the return on your NFTs with cross-chain, instant loans while keeping their utility. and Libertus Capital
Issue digital badges as a special way to nurture your community. Earn them to build an unbiased track record of your work.
Meson is a crosschain defi solution for the circulation of stablecoins between different blockchains and Layer 2's
Draper Dragon and OKX Blockdream Ventures
Leveraging the power of Web3 to help you manage, protect, and control your own data.
Blockify is a project that enables anyone, anywhere in the world to access a suite of new products and services built on web3
7 O'Clock Capital, Monday Capital, Block Pulse, BKEX, MG Capital
A genesis Fi+ metaverse gaming platform under Web 3.0 with on-chain games and sports prediction system
Incubate Fund
Build decentralized, Japanese video games and products, entirely on the blockchain.
Neo Global Capital Ventures, AC Capital, and KuCoin Labs
The MetaBeat platform is an incentivization community platform powered by fan activities rewarded by a set criteria, the FANomance Index. Creators/artists and fans grow as partners through engagements and rewards on the MetaBeat platform
Total Invested

The Institutional Investors of Crypto

CoinFund, a cryptoasset-focused investment firm based in NY, announced the launch of CoinFund Ventures I, a new $300 million early-stage VC fund.

CoinFund has some big name limited partners that point to a potential step towards web3 investing becoming mainstream. LPs include Teacher Retirement System of Texas, Adams Street Partners (over $50 billion in AUM), and StepStone Group (about $137 billion in AUM).


Shima Capital, a pre-Seed – Seed stage blockchain VC based in California, raised $200 million for their first fund. Supporting investors include Dragonfly Capital, Bill Ackman, and Andrew Yang. The founder, Yida Gao, previously founded Divergence Digital Capital which now has over $100 million in assets.

Given the size of this fund and the fact that its target check size is $500k – $2 million, we are likely going to see Shima Capital in a lot of blockchain startups as they deploy $200 million. Yida Gao said, “As crypto-focused VCs continue to raise massive billion dollar plus funds, we identified a pocket of opportunity to support Web3 founders with their first institutional checks that are considered too small for other Tier 1 investors.”


LongHash Ventures, a web3 investor in Singapore, is raising capital for a newly launched $100 million fund to focus on pre-Seed – Series A web3 infrastructure projects. Notable past investments for LongHash include Polkadot, Zapper, Instadapp, Balancer, Dodo, and Acala.

This is an investor that is worth monitoring in part because they will potentially invest in a fair number of projects that you will be able to buy tokens for. Their Insights page includes a meaty report on tokenomics that draws from their own experience investing in token projects, and it can serve as a resource as you evaluate opportunities.


Dragonfly, a major global crypto investor just acquired MetaStable Capital, a long running crypto hedge fund that was founded in 2014. Additionally, Dragonfly rebranded itself to emphasize its crypto focus, and made a new logo while dropping “capital” from its name. Per Naval Ravikant, co-founder of MetaStable Capital, MetaStable Capital “was an early investor into Ethereum, Avalanche, Cosmos, Starkware, NEAR, Zcash, Filecoin, Dfinity, and Algorand.”


Disclaimer: The content presented is for informational purposes only and does not constitute financial, investment, tax, legal, or professional advice. The content is provided ‘as is’ without any representations or warranties, express of implied.

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