10 Blockchain Investors Founders Should Know

Sam Flamini

The world is becoming aware of the potential in blockchain technology. The rise of Bitcoin, Ethereum, and other blockchain protocols have created a new class of startup working to innovate on a new frontier. From alternative cryptocurrencies to companies who support the crypto ecosystem, we are witnessing the infrastructure-building phase of a new wave of technology.

At Visible, we talk to founders every day who are looking for investors. Our new Connect platform allows you to search our database of nearly 11,000 investors to do your own research, but in this post, we will be highlighting some of those investors in the blockchain space.

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2020 Ventures

2020 Ventures logo
2020 Ventures
San Francisco, California, United States
Seed, Series A
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Stage: All Stages

Investment Geography: United States, Southeast Asia

Key person: David Williams

Blockchain investments: Bitpay, Polysign, Kava Networks, Ripple Labs, tokens like BTC, ETH, LINK, & more.

Thesis: 2020 Ventures doesn’t only invest in blockchain & crypto, but when they do invest in the space they make bets on both coins and companies in the space. They spend time primarily on payments & stores of Value, but also invest in DeFi, exchanges, and other projects.

Notation

Stage: Pre Seed

Investment Geography: New York, Agnostic

Key Person: Alex Lines and Nicholas Chirls

Blockchain Investments: Filecoin, Zepplin, Livepeer

Thesis: Notation capital explicitly says on their site that they are not thesis driven. Instead, they focus on writing the earliest checks into big ideas that are of interest to them. With deeply technical backgrounds, Notation is placing bets across many different sectors – blockchain being one of them. They’ve invested directly in protocols like Filecoin and in crypto-focused companies such as Bison Trails and Livepeer. You can read their operating principles on Github here.

Blockchain Valley Ventures

Blockchain Valley Ventures logo
Blockchain Valley Ventures
Zug, Zug, Switzerland
Pre-Seed
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Stage: All stages

Investment Geography: Global

Blockchain Investments: Algotrader, Coinfirm, Keyless

Key People: Heinrich Zetlmayer

Thesis: Another hybrid advisory/investment firm, Blockchain Valley Ventures brings expertise to the blockchain space by helping projects of all kinds come to fruition. From corporate blockchain projects to startup ventures in the space, BVV is there to help with both capital and expertise.

Pillar VC

Pillar logo
Pillar
Boston, Massachusetts, United States
Seed
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Stage: All stages

Investment Geography: United States, Northeast

Key People: Jamie Goldstein, Russ Wilcox, Sarah Hodges

Blockchain Investments: Algorand, Circle, LBRY

Thesis: Pillar is a highly founder focused VC fund that differentiates itself by investing in good founding teams. They invest across many categories, but found themselves as one of the first investors in new blockchain Algorand and several other crypto companies.

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Boost VC

Stage: Accelerator/Seed

Investment Geography: Global

Key People: Adam Draper, Brayton Williams, Maddie Callander

Blockchain investments: Abra, Aragon, Filecoin, Ethereum, and many more

Thesis: Boost.vc invests in what they call ‘Sci-Fi Founders’ primarily via their accelerator. They have dozens of investments across many different frontier industries, primarily focusing on VR/AR, Crypto, and what they call ‘sci-fi’ investments.

Castle Island Ventures

Castle Island Ventures logo
Castle Island Ventures
Cambridge, Massachusetts, United States
Seed, Series A, Series B
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Stage: All stages

Investment Geography: Global

Key People: Matthew Walsh, Nic Carter

Blockchain Investments: BlockFi, Zabo, Talos, and more

Thesis: Castle Island Ventures invests almost exclusively in public blockchain projects. They have conviction that public, permissionless blockchains will form a new economic infrastructure, and deploy capital using their past financial and crypto expertise in projects that support public blockchains.

Blockchers

Stage: Accelerator, Seed, Grants

Investment Geography: Europe

Blockchain Investments: Volvero, Blocksquare, and more

Thesis: Blockchers provides grants and occasional investments through their accelerator in the European Union. They are smaller than some of the other players on this list, but they’re a great option to explore if you’re building a blockchain based startup in Europe.

Kenetic Trading

Stage: Series A/Series B

Investment Geography: Global, but focusing on Asia

Key People: Jehan Chu, Daniel Weinberg

Blockchain Investments: BlockFi, Handshake, Alchemy, and many others

Thesis: Kenetic Capital is involved in a few different areas of crypto and blockchain markets. They invest in Series A and later blockchain companies like BlockFi and Handshake, and also are involved in cryptocurrency trading. They offer many sophisticated trading products and executes on advanced trading strategies with a team of experience software engineers and quantitative traders. Jehan Chu, the fund’s CEO, has played a major role in the building the blockchain community in Hong Kong and hosts meetups throughout Asia.

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ConsenSys Ventures

ConsenSys Ventures logo
ConsenSys Ventures
Brooklyn, New York, United States
Accelerator, Pre-Seed, Seed, Series A
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Stage: Accelerator, All Stages

Investment Geography: Global

Key People: Min Teo, Joseph Lubin

Blockchain Investments: Compound, Gitcoin, Juno, and many others

Thesis: ConsenSys is a highly successful Ethereum software development company. They’ve built multiple hit products such as MetaMask, Codefi and Quorum. They’ve used their expertise to spin out an investment arm that has made investments to projects like Compound, Gitcoin, and many other protocols and infrastructure builders in the space. Just starting out? You can consider their hackathon or accelerator programs.

Placeholder VC

Stage: All Stages

Investment Geography: Global

Key People: Joel Monegro, Chris Burniske

Blockchain Investments: Magic, Nexus Mutual, 0x, Aragon, and many others

Thesis: Placeholder invests in new projects in the space that seek to build around cryptonetworks. Their thesis is that the advent of blockchains and their open-sourced nature will lead to a slow decline of the current tech monopolies of the day. The key reason: blockchains undermine the key advantage of tech giants: data monopolization. ‘crypto collapses the cost of building and scaling information networks by replacing centralized coordination with universal financial incentives.’ You can read their full investment thesis here.

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