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Top 30 Blockchain Startup Investors in Portugal (May 2026)

The most active venture capital funds and angel investors investing in Portugal Blockchain startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Portugal Blockchain startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Portugal Ventures
VC Fund
2 Portugal, United States, France Seed, Pre-Seed Software, Health Care, Information Technology $107k–$1.6M
Bright Pixel
VC Fund
2 Portugal, United States, Spain Seed, Pre-Seed, Series A Software, SaaS, Information Technology $321k–$2.1M
Dragonfly
VC Fund
1 United States, Hong Kong, Singapore Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.6M–$35M
Gemini
VC Fund
1 United States, Canada Seed, Series A Blockchain, Software, Web Design
Huobi
VC Fund
1 United States, Singapore, China Seed, Series A Blockchain, Cryptocurrency, Financial Services $1M–$18M
Anton Bukov
Angel
1 Portugal, Australia, Gibraltar Seed, Pre-Seed, Series A Cryptocurrency, Blockchain, Internet $3.3M–$5M
Mask Network
VC Fund
1 United States, Singapore, Japan Seed, Pre-Seed Blockchain, Cryptocurrency, Software $900k–$6.8M
Polymorphic Capital
VC Fund
1 United States, Gibraltar, Italy Seed, Series A, Angel Blockchain, Cryptocurrency, FinTech $2.5M–$20M
Seed Club Ventures
VC Fund
1 Seed Social Network, Financial Services
Demium Capital
VC Fund
1 Spain, Portugal, Poland Pre-Seed, Seed, Series A Software, Health Care, Information Technology $27k–$1.2M
Indico Capital Partners
VC Fund
1 Portugal, United States, Italy Seed, Series A, Series C Information Technology, E-Commerce, B2B $536k–$39M
LC Ventures
VC Fund
1 Portugal, China, Poland Seed, Pre-Seed, Series D Information Technology, Artificial Intelligence, Internet of Things $11k–$4.9M
ZBS CAPITAL
VC Fund
1 United States, Singapore, India Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $875k–$25M
Armilar Venture Partners
VC Fund
1 Portugal, United States, United Kingdom Series A, Seed Software, Information Technology, Manufacturing $482k–$12M
SharesPro
VC Fund
1 United States, Portugal Secondary Market, Seed SaaS, Cryptocurrency, Artificial Intelligence $3.4M–$5M
Signum Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Information Technology $1.2M–$31M
Polychain
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, FinTech $1.3M–$26M
Wintermute
VC Fund
1 United States, United Kingdom, Singapore Seed, Series A Blockchain, Cryptocurrency, Financial Services $3M–$50M
Arthur Hayes
Angel
1 Singapore, United States, India Seed, Series A Cryptocurrency, Blockchain, Information Technology
Moonrock Capital
VC Fund
1 Singapore, United Kingdom, United States Seed, Pre-Seed Blockchain, Information Technology, Cryptocurrency $1M–$6M
Deribit
VC Fund
1 United States, Portugal, Singapore Seed, Series A Cryptocurrency, Blockchain, FinTech $4.3M–$18M
OKX
VC Fund
1 Japan, Israel, Portugal Seed, Series C Cryptocurrency, Blockchain, Software
FinLab EOS VC
VC Fund
1 Germany, Portugal, United States Seed, Series A Blockchain, Gaming, Software
Waterdrip Capital
VC Fund
1 Singapore, China, Canada Seed, Initial Coin Offering Blockchain, Cryptocurrency, Information Technology $1M–$6M
Solana Ventures
VC Fund
1 United States, Singapore, Australia Seed, Series A, Pre-Seed Blockchain, Gaming, Cryptocurrency $250k–$19M
Balaji Srinivasan
Angel
1 United States, India, Singapore Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $125k–$18M
Caballeros Capital
VC Fund
1 United States, Indonesia, Singapore Seed, Pre-Seed Blockchain, Financial Services, Internet $1.3M–$8.6M
Alex Atallah
Angel
1 Portugal Seed Gaming, Blockchain, Video Games
Crypto Dog
Angel
1 Portugal, United States Seed Cryptocurrency, Blockchain, Financial Exchanges
Maelstrom
VC Fund
1 Cayman Islands Seed FinTech, Software, Information Technology
Access all 44 investors in Portugal Blockchain startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Portugal Ventures
VC Fund · Porto, Lisboa, Portugal · 2 investments in Portugal Blockchain startups, 13 in the past 12 months

Portugal Ventures is a venture capital firm that is part of the Banco Português de Fomento group, currently manages 170 million euros and has more than 130 portfolio companies. It invests in startups in the pre-seed, seed and series A stages that offer innovative solutions for the international market in the digital, engineering&industry, lifesciences, and tourism sectors. Since 2012, Portugal ventures has invested 164 million euros in 147 new businesses.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States, France

Investor stats

  • Total investments: 159
  • Round size: Seed $107k–$1.6M; Pre-Seed $107k–$643k
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • HiJiffy — Increase direct bookings and upselling with HiJiffy's AI-powered communication solutions for hospitality.
  • MyCareforce — The platform that connects nurses to available shifts.
  • Floating Particle — Floating Particle is a technology and innovation company that drives an innovative solution for waste management and clean energy. Floating Particle specializes in IoT, Big Data and Machine Learning to provide cutting-edge technology to the customers.
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Bright Pixel
VC Fund · Lisboa, Lisboa, Portugal · 2 investments in Portugal Blockchain startups

A prominent European venture capital in Retail Technologies, Digital Infrastructure, Cybersecurity, and Emerging Technologies

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 17
  • Round size: Seed $413k–$2.1M; Pre-Seed $321k–$1.3M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Chord — Chord is the leading composable commerce platform for omnichannel or direct-to-consumer companies. Commerce data intelligence, recommendations, and modularity.
  • Didimo — Didimo creates realistic high-fidelity digital humans. Simple, fast, accurate user-generated avatars to integrate into your app, game or site.
  • Probely — Probely is a web application and API vulnerability scanner for agile teams. Automate Security Testing by adding Probely into your SDLC and CI/CD pipelines.
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Dragonfly
VC Fund · San Francisco, California, United States · 1 investments in Portugal Blockchain startups, 20 in the past 12 months

A cross-border cryptoasset investment firm. Global from day one.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Hong Kong, Singapore

Investor stats

  • Total investments: 128
  • Round size: Seed $1.6M–$10M; Series A $6M–$35M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Florida Street — PIXEL GG INC.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
  • Mahjong Meta — Mahjong Meta is a Web3 gaming platform on Ethereum, providing Mahjong lovers with an innovative gaming experience.
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Gemini
VC Fund · New York, New York, United States · 1 investments in Portugal Blockchain startups

Gemini makes crypto simple. Find, Trade and Buy over 80 coins including bitcoin on the best cryptocurrency platform. Start trading crypto here.

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Investment focus

  • Industry: Blockchain, Software, Web Design
  • Stage:Seed, Series A
  • Geography: United States, Canada

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kaleidoco — KALEIDOCO is a technology company built for Web3 experiences.
  • Supermojo — Supermojo is building the embedded customer lending experiences to power the growth of NFTs as a powerful new asset class.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
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Huobi
VC Fund · Beijing, Beijing, China · 1 investments in Portugal Blockchain startups

Huobi Global is a global blockchain asset financial services provider including exchange, trade, wallet, and storage. Since its establishment in 2013, Huobi Group has been financed by ZhenFund and Sequoia Capital. Its accumulative turnover has exceeded 1.2 trillion USD and once became the world's largest digital asset exchange with a globalshare of 50%. Currently, Huobi Group has invested in more than sixty upstream and downstream enterprises. Based in Seychelles, Huobi has offices in Singapore, Japan, South Korea, United Kingdom, and Hong Kong to deliver its secure and credible digital asset trading and asset management services to millions of users in over 130 countries.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 39
  • Round size: Seed $2.4M–$18M; Series A $1M–$12M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • ZKX — ZKX is a permissionless protocol for derivatives built on StarkNet.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
  • Fanzee Labs — We develop fan engagement platforms that help sports and entertainment organisations meaningfully connect with their fans through immersive gamifcation experiences
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Anton Bukov
Angel · Amstelveen, Noord-Holland, The Netherlands · 1 investments in Portugal Blockchain startups

I am a philosopher, concept generator, and innovator with a deep fascination for technology, simplicity, and innovation, stemming from my software engineering journey that began in 2002. I have a profound curiosity in diverse domains such as algorithms, space exploration, blockchain technology, virtual and augmented reality, artificialintelligence, emerging energy sources, and new material sciences. My holistic and interdisciplinary approach propels me towards harnessing technology and innovation to conceive and create a future that surpasses the conventional boundaries of imagination

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, Australia, Gibraltar

Investor stats

  • Total investments: 10
  • Round size: Seed $3.3M–$5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Zerion — Zerion is an investing app that enables anyone, anywhere in the world, to access a suite of new financial products and services built on the backbone of decentralized finance (DeFi). Simple, user-centered design is combined with a powerful tech stack that aggregates across every major decentralized exchange, offering users a single point of entryfor managing their digital assets with ease. Zerion is non-custodial, which means users never delegate their funds to the platform. This agile approach mitigates centralization risk and has allowed Zerion to operate globally since inception.
  • Gnosis — Safe is the most trusted platform to manage digital assets on Ethereum
  • Interface Labs — Mobile companion for your Ethereum journey.
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Mask Network
VC Fund · Singapore, Central Region, Singapore · 1 investments in Portugal Blockchain startups, 11 in the past 12 months

Your Portal To The New, Open Internet.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, Japan

Investor stats

  • Total investments: 51
  • Round size: Seed $900k–$6.8M; Pre-Seed $900k–$4M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Orb — A community-focused social app for people to connect, interact, and transact in their daily lives on web3 built with Lens Protocol.
  • Cat Paradise — Cat Paradise is a Web3 game developer for digital cat pet development that is based on the TONNE Web3 game.
  • Interface Labs — Mobile companion for your Ethereum journey.
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Polymorphic Capital
VC Fund · 1 investments in Portugal Blockchain startups

It is a venture capital firm that selectively invests in extraordinary teams and emerging paradigms in blockchain and fintech globally.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A, Angel
  • Geography: United States, Gibraltar, Italy

Investor stats

  • Total investments: 26
  • Round size: Seed $2.5M–$3.5M; Series A $3.2M–$20M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Rise — We make it easy for you to find, hire, pay, and manage contractors internationally while ensuring full compliance. Pay your team in fiat or crypto.
  • Interface Labs — Mobile companion for your Ethereum journey.
  • Intuition — Intuition provides decentralized infrastructure, developer tools, and applications enabling the creation of an open, flexible knowledge graph enhancing the quality and availability of social knowledge.
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Seed Club Ventures
VC Fund · George Town, Midland, Cayman Islands · 1 investments in Portugal Blockchain startups

Seed Club Ventures is a Venture DAO backing early-stage founders building at the intersection of web3 and community. With a membership of 60+ leading innovators and investors in crypto, we are diverse in our ability to support projects throughout their life cycle.

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Investment focus

  • Industry: Social Network, Financial Services
  • Stage:Seed

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Lens Protocol — Lens Protocol is a composable and decentralized social graph, ready for you to build on so you can focus on creating a great experience, not scaling your users.
  • Interface Labs — Mobile companion for your Ethereum journey.
  • Snowstorm — Snowflake is decentralized and is deployed as a pluggable transport for Tor.
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Demium Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 1 investments in Portugal Blockchain startups, 12 in the past 12 months

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Spain, Portugal, Poland

Investor stats

  • Total investments: 58
  • Round size: Seed $27k–$1.2M; Pre-Seed $107k–$193k
  • Lead/follow: 66% lead, 34% follow
  • Last fund: May invest from a new fund soon — raised $54M in 2020

Portfolio highlights

  • Coolx — Coolx has a mission to bring technology to the service of forests. Through satellite technology and AI we help environmental consultancies, engineers and forestry managers to optimize the analysis, management and forest conservation.
  • Tribboo — Project management platform for construction SMEs
  • Nuwe — Nuwe is a startup disrupting how tech professionals get hired and improve their skills, while at the same time it changes the way companies do people management and recruitment. To achieve that,we have developed a gamified platform which allows users to take challenges, participate in projects and contribute to Nuwe’s community sharing knowledgeand helping other users out. All of this contributes to their path to getting a job and their professional self-development.Companies can ask for personalized challenges, getting access to a database of validated users. For companies, wanting to participate in Nuwe’s selection processes not only get a database of validated users, but they generate a huge impact within tech communities which helps them gain a better reputation and have access to more qualified talent in the future. Moreover, companies can also ask for internal employee analytics which will help them optimize their overall performance.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Indico Capital Partners
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Blockchain startups

Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem.

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Investment focus

  • Industry: Information Technology, E-Commerce, B2B
  • Stage:Seed, Series A, Series C
  • Geography: Portugal, United States, Italy

Investor stats

  • Total investments: 31
  • Round size: Seed $536k–$3M; Series A $5.4M–$36M; Series C $39M–$39M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Membrion — Remove Problematic Ions to Expand Capacity, Ensure Compliance, and Eliminate Costs with Electro-Ceramic Desalination
  • Ittinsect - Feed for the Ocean — Zero ocean impact aquafeed. Ittinsect aims to reduce overfishing in the oceans thanks to insect based aquaculture feeds.
  • Spotlite — Spotlite - Satellite-based innovative infrastructure monitoring solutions.
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LC Ventures
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Blockchain startups

We’re an early stage European venture capital firm partnering with globally minded founders.We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. Thefirst ticket is up to 200K€ and the total investment in a given startup can be up to 1M€.We decide investments quickly, allowing the founders to get back focusing on growing the business. Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds.Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Internet of Things
  • Stage:Seed, Pre-Seed, Series D
  • Geography: Portugal, China, Poland

Investor stats

  • Total investments: 26
  • Round size: Seed $265k–$4.9M; Pre-Seed $11k–$321k
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $16M in 2018

Portfolio highlights

  • 360hyper — The groceries marketplace where you can find everthing you need. Buy online groceries as fast as in 4 hours with personalized picking.
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
  • Brands&Ninjas — SaaS to control the performance of physical marketing campaigns on retail.
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ZBS CAPITAL
VC Fund · 1 investments in Portugal Blockchain startups

ZBS Capital - distinguished crypto venture fund, backed by major media resources including CryptoDiffer.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 93
  • Round size: Seed $875k–$5M; Initial Coin Offering $3.7M–$25M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Itheum — As we enter the web3 and metaverse era; Itheum unlocks data silos and generates new value for your data.
  • MeMusic — MeMusic is a blockchain NFT music service platform that uses blockchain technology to provide users with a music ecosystem experience.
  • The Unfettered — The Unfettered is a blockchain PC game.
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Armilar Venture Partners
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Blockchain startups

Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 82
  • Round size: Seed $482k–$2.7M; Series A $3.8M–$12M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Appentra — The first static code analyzer that increases the performance of C/C++ code. Write hardware-friendly code that runs faster on modern hardware.
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
  • Miles in the Sky — Embark on a journey with Miles to upgrade your learning experiences. Our unique model provides a better way to increase learner engagement and improve knowledge retention.
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SharesPro
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Portugal Blockchain startups

SharesPro is an independent analyst working on the US stock market, an expert on systematic investment and capital growth. SharesPro has extensive experience in stock markets and in-depth knowledge of investments, mergers, and acquisitions. The firm was incorporated in 2017 and is based in Moscow, Moscow City, Russian Federation.

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Investment focus

  • Industry: SaaS, Cryptocurrency, Artificial Intelligence
  • Stage:Secondary Market, Seed
  • Geography: United States, Portugal

Investor stats

  • Total investments: 4
  • Round size: Secondary Market $3.4M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Convoy — Convoy uses technology to make freight more efficient, reduce shippers' costs, increase carriers' earnings, and eliminate carbon emissions.
  • TRUE Future — Our goal is to unleash the potential of NFT tokens and provide brands, game developers and users with cross-chain infrastructure to apply real benefits of the technology.
  • Automation Anywhere — Automation Anywhere is a global leader in Robotic Process Automation, offering cloud-native, web-based, intelligent automation solutions to the world's largest enterprises.
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Signum Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Portugal Blockchain startups, 7 in the past 12 months

They are a Singapore-based firm that exclusively consults in Blockchain-enabled companies. Their mission is to realize the future of Blockchain economy by consulting in game changing projects and companies. They participate in Pre-sale stages of Token Generation Events and Equity investments.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 78
  • Round size: Seed $1.2M–$6.6M; Series A $3.5M–$31M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • 0xPass — Frictionless auth and login for your dapp
  • D3 Labs — D3 Labs is to simplify and empower finance through seamless blockchain adoption, delivering confidence and benefits to individuals and organizations alike.
  • Airstack — Every day there are millions of blockchain transactions. Airstack makes sense of them.
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Polychain
VC Fund · San Francisco, California, United States · 1 investments in Portugal Blockchain startups, 30 in the past 12 months

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committedto exceptional returns for investors through actively managed portfolios of these blockchain assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 202
  • Round size: Seed $1.3M–$18M; Series A $6M–$26M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • GoldLink — GoldLink is a decentralized, on-chain undercollateralized lending protocol utilizing a novel and modular lending architecture to offer borrowers powerful, sophisticated investment strategies beyond anything offered in the space today.
  • P0x Labs — P0x labs is the team behind Manta Network is a privacy-preserving technology operating on the Polkadot blockchain.
  • Connext — Bridge tokens and data across 11+ chains. Earn and build on the most secure interoperability network.
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Wintermute
VC Fund · London, England, United Kingdom · 1 investments in Portugal Blockchain startups, 7 in the past 12 months

A leading algorithmic trading firm focused on building liquid and efficient markets in digital assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 66
  • Round size: Seed $3M–$18M; Series A $4M–$50M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • DFlow — DFlow is the protocol powering the first decentralized order flow markets
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
  • One Trading — Discover an unrivalled trading experience with One Trading. We believe regulation powers user experience, not breaks it. Crypto - But regulated. Buy crypto now, including Bitcoin, Ethereum, DOGE, Solana, Cardano and more.
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Arthur Hayes
Angel · 1 investments in Portugal Blockchain startups

After graduating with a degree in economics from the Wharton School of Business, Arthur lived in Hong Kong as an equity derivatives trader. He was the market-maker for Deutsche Bank and Citibank’s Exchange Traded Funds (ETF) businesses. He also has extensive experience trading equity index futures, forwards, and swaps as well as non-deliverable FXforwards. Arthur brings a deep understanding of how to structure and trade financial derivatives.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Information Technology
  • Stage:Seed, Series A
  • Geography: Singapore, United States, India

Investor stats

  • Total investments: 6
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • NF3 — NF3 is a community focused NFT swaps and finance market.
  • Elixir — Elixir is a decentralized protocol that enables full composability for integrations by providing computationally secure, algorithmic market-making across CEXs and DEXs.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
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Moonrock Capital
VC Fund · London, England, United Kingdom · 1 investments in Portugal Blockchain startups

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

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Investment focus

  • Industry: Blockchain, Information Technology, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: Singapore, United Kingdom, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $1M–$6M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Elusiv — Elusiv offers compliance in mind with next-generation privacy solutions for a better Web3.
  • SuiPad — SuiPad is an IDO&INO platform, with selected projects, flexible whitelist, and fair level as the core positioning.
  • Arcade2earn — Arcade2earn is the GameFi platform that gives its community the opportunity to earn access to the ecosystem.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Deribit
VC Fund · Ermelo, Gelderland, The Netherlands · 1 investments in Portugal Blockchain startups

World's biggest Bitcoin and Ethereum Options Exchange and the most advanced crypto derivatives trading platform with up to 50x leverage on Crypto Futures and Perps.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Portugal, Singapore

Investor stats

  • Total investments: 9
  • Round size: Seed $4.3M–$18M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Finst — Finst is een veilige crypto exchange waar je 40+ cryptos kunt kopen en verkopen tegen de laagste tarieven. Koop Bitcoin en altcoins bij het beste crypto platform.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
  • Greeks.live — Greeks.live is an ever-adapting trading tools solution provider to crypto options traders. We listen and quickly respond to clients' needs. Our mission is to make crypto options trading easier and more seamless.
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OKX
VC Fund · Mahé, Beau Vallon, Seychelles · 1 investments in Portugal Blockchain startups

OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. With monthly Proof of Reserve releases, OKX is trusted by over 50 million global users. OKX is the fastest and most reliable crypto trading app for professional traders everywhere. - Buy, sell, and trade 350+ tokens with 100+ local currencies -Duplicate moves from top traders in the industry in just one click - Explore Web3 and take control of your crypto, NFTs, and digital assets with the OKX WalletWith its extensive range of crypto products and services, and unwavering commitment to innovation, OKX’s vision is a world where financial access is backed by blockchain and the power of decentralized finance.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Software
  • Stage:Seed, Series C
  • Geography: Japan, Israel, Portugal

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Thirdverse — Thirdverse (formerly known as Yomuneco Inc) is engaged in Virtual Reality content and services planning, development, sales and management.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
  • TwitterScan — Twitterscan and NNS are working together to create a cross-chain name service network that will connect Web3.0 users, data, and assets.
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FinLab EOS VC
VC Fund · 1 investments in Portugal Blockchain startups

FinLab EOS VC Fund is a partnership between Block.one and FinLab, an investor in financial services technologies and blockchain globally.

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Investment focus

  • Industry: Blockchain, Gaming, Software
  • Stage:Seed, Series A
  • Geography: Germany, Portugal, United States

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • TAIKAI Labs — A platform to decentralize organization development and innovation through hackathons, bounties, grants and tech challenges.
  • Upland — Play. Earn. Connect & Rebuild The World
  • Twinsity — Twinsity is the state-of-the-art 3D visual software for your massive reality capture projects.We offer an all-in-one high-performance and intuitive technology solution for creating stunning high-res visualizations of your 3D models. Discover your high-quality digital twins immersively and in real time, create amazing showcases for presentationsand use the new technology to perform virtual inspections. With our powerful software solution, inspections can be carried out in a faster, secure and more accurate way - to enrich the work of engineers, contractors and inspectors. Twinsity helps businesses drive expanding and promoting their digitalization work, to enable a new, safer and more collaborative way of working. Stunning 3D experiences and a variety of effective features provide the application of Twinsity in a wide range of industries - including inspections, cultural heritage, restorations, planning or simulation.Discover the advantages of the digital world for your work with Twinsity!
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Waterdrip Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Portugal Blockchain startups

Waterdrip capital invests in blockchain industries.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, China, Canada

Investor stats

  • Total investments: 27
  • Round size: Seed $1M–$6M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • UXUY — UXUY is the easiest and most secure decentralized exchange built on MPC wallet. Begin your Web3 journey with the native DEX and start making money today.
  • Safeheron — Safeheron is a platform that enables open and transparent self-custody of digital assets.
  • Volare Finance — Volare Finance provides a transparent, trustless, and convenient decentralized option trading without intermediaries.
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Solana Ventures
VC Fund · Solana, Misamis Oriental, Philippines · 1 investments in Portugal Blockchain startups, 13 in the past 12 months

Solana Ventures' mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 85
  • Round size: Seed $1.9M–$8.3M; Pre-Seed $250k–$2M; Series A $8M–$19M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • DRiP — Collectibles every week from your favorite creators. For free.
  • Cymbal — The human readable block explorer. Explore any wallet, NFT or collection to understand their activity, all in real time.
  • SuperDuperSecret — The developer's initial game, Royale Chess, a ten-player battle royale chess game, is the first of many to be released on their meta-game platform, which focuses on multiplayer, evergreen games.
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Balaji Srinivasan
Angel · San Francisco Bay Area, California, United States · 1 investments in Portugal Blockchain startups, 43 in the past 12 months

Balaji S. Srinivasan is the Co-Founder and Board Member of Coin Center. He was the CTO of Coinbase and cofounder of Counsyl, Earn, Teleport, and Coin Center. He was previously CEO at Earn.com, which was recently sold to Coinbase. Prior to taking the CEO role at Earn.com, Dr. Srinivasan was a General Partner at Andreessen Horowitz. Prior to joininga16z, he was the cofounder and CTO of Founders Fund-backed Counsyl, where he won the Wall Street Journal Innovation Award for Medicine and was named to the MIT TR35. Dr. Srinivasan holds a BS, MS, and PhD in Electrical Engineering and an MS in Chemical Engineering from Stanford University. He also teaches the occasional class at Stanford, including an online MOOC in 2013 which reached 250,000+ students worldwide.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Singapore

Investor stats

  • Total investments: 164
  • Round size: Seed $2M–$10M; Pre-Seed $125k–$4.2M; Series A $1.7M–$18M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Induced AI — Induced AI works to automate browser tasks. It runs a cloud to complete manual tasks on a browser with human-like reasoning capabilities.
  • Parallax — Receive money as if you were abroad. Save big with best rates and lowest fees. Withdraw instantly.
  • Proof of Play — We are a team of veteran game developers and entrepreneurs creating onchain games and open source technology. Our vision is simple: to create generation-defining games that fundamentally grant power and ownership to the players who play them.
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Caballeros Capital
VC Fund · 1 investments in Portugal Blockchain startups

Caballeros Capital is a private investment firm focused on investing in the blockchain innovation space.

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Investment focus

  • Industry: Blockchain, Financial Services, Internet
  • Stage:Seed, Pre-Seed
  • Geography: United States, Indonesia, Singapore

Investor stats

  • Total investments: 18
  • Round size: Seed $1.3M–$8.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ondefy — Ondefy is building infrastructure that enables a simple access to decentralized finance. Integrate multiple DeFi services unders 1 line of code.
  • Interface Labs — Mobile companion for your Ethereum journey.
  • Polynomial — Trade DeFi options with highly efficient liquidity.
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Alex Atallah
Angel · Menlo Park, California, United States · 1 investments in Portugal Blockchain startups

Alex Atallah is a Co-Founder of OpenSea. Attended Stanford University.

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Investment focus

  • Industry: Gaming, Blockchain, Video Games
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • METAMORPH — Blockchain gaming company
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Crypto Dog
Angel · 1 investments in Portugal Blockchain startups

Crypto Dog

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Financial Exchanges
  • Stage:Seed
  • Geography: Portugal, United States

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Nametag — Nametag is a digital collector lens to search the internet for collectors, view their NFTs and Nokens, and badges.
  • Light Protocol — Light allows developers to build Private Solana Programs. Build on-chain games, encrypted order books or fast payments. Custom-built for Solana.
  • Syndicate — Syndicate is a decentralized asset management platform and social network.
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Maelstrom
VC Fund · 1 investments in Portugal Blockchain startups

Maelstrom invests in cool shit with a focus on crypto and digital assets.

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Investment focus

  • Industry: FinTech, Software, Information Technology
  • Stage:Seed
  • Geography: Cayman Islands

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rated — Rated offers data on validators and node operators, which makes it easier for users to compare and contrast their performance.
  • D3 — D3 - DNS Domains for Web3
  • Aethir — Power Ultra-Low Latency Gaming & AI Experiences.
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Blockchain Investor funding in Portugal at a glance

Stats across 18 deals from 44 investors.

44
investors
in Portugal Blockchain startups
18
deals
in Portugal Blockchain startups
$875k
median round
in Portugal Blockchain startups
36%
lead investors
lead at least one round
61%
Seed
most common funding stage
84/16
VC / Angel
share of investor count

Access all 44 investors in Portugal Blockchain startups.

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