# MagicBlock funding: rounds and investors

> MagicBlock has raised $7.5M across 1 round since 2025. Investors include A16z Crypto, Robot Ventures and Maven 11 Capital. Every round with its source.

Source: https://millionrounds.com/company/magicblock (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Seed startup](https://millionrounds.com/companies)

# Who invested in *MagicBlock*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$7.5M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $7.5M Apr 2025
- **Investors:** 5

See who backed them

## The rounds

- **Apr 2025** Seed **$7.5M** [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [Robot Ventures](https://millionrounds.com/fund/robot-ventures) [Maven 11 Capital](https://millionrounds.com/fund/maven-11) [Faction](https://millionrounds.com/fund/faction) [Mechanism Capital](https://millionrounds.com/fund/mechanism-capital) Source recorded

## Founders and team

From MagicBlock's own website: 5 on the team.

- **Andrea Fortugno** CEO & cofounder
- **Gabriele Picco** CTO & cofounder
- **Babur Makhmudov** Principal Engineer
- **Narek Vartani** Social Media Manager
- **Vivian Yang** Community & Marketing Lead

## Everyone who backed them

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm **1** round

[Robot Ventures](https://millionrounds.com/fund/robot-ventures) VC firm **1** round

[Maven 11 Capital](https://millionrounds.com/fund/maven-11) VC firm **1** round

[Faction](https://millionrounds.com/fund/faction) VC firm **1** round

[Mechanism Capital](https://millionrounds.com/fund/mechanism-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magicblock).

## Also claim to have backed them

This firm lists MagicBlock as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Faction](https://millionrounds.com/fund/lightspeed-faction) VC firm Per its own site

## Quick answers about MagicBlock

### Who invested in MagicBlock?

MagicBlock's investors include A16z Crypto, Robot Ventures, Maven 11 Capital, Faction and Mechanism Capital.

### How much has MagicBlock raised?

MagicBlock has raised $7.5M across 1 round since 2025.

### When did MagicBlock last raise?

MagicBlock's most recent round was a Seed of $7.5M in Apr 2025.

### What was MagicBlock's biggest round?

Its most recent round, $7.5M in Apr 2025, is also its largest on record.

### Who backed MagicBlock first?

MagicBlock's first round on record, in Apr 2025, was backed by A16z Crypto, Robot Ventures and Maven 11 Capital and 2 others.

### What stage is MagicBlock at?

MagicBlock's latest named round is a Seed, in Apr 2025.

### Where is MagicBlock based?

MagicBlock is based in Singapore.

## Companies like MagicBlock

In the same sector, and raised in the last eighteen months.

[**MemeBitcoin** $8.0M · Sept 2026](https://millionrounds.com/company/memebitcoin)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**Trasia Labs** $1.8M · Jul 2026](https://millionrounds.com/company/trasia-labs)[**Libeara** $28M · Jun 2026](https://millionrounds.com/company/libeara)[**Pheasant Network** $2.0M · May 2026](https://millionrounds.com/company/pheasant-network)[**Slash** $82M · Apr 2026](https://millionrounds.com/company/slash)

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