# Synthetix funding: rounds and investors

> Synthetix has raised $20M across 1 round since 2023. Investors include Coinbase Ventures, Paradigm and Hashed. Every round with its source.

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

Australia · [Token sale startup](https://millionrounds.com/companies)

# Who invested in *Synthetix*

One round we have observed, with the 4 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.

Financial Services

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2023, from 1 source

- **Latest round:** Token sale, $20M Mar 2023
- **Investors:** 4

See who backed them

## The rounds

- **Mar 2023** Token sale **$20M** [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Paradigm](https://millionrounds.com/fund/paradigm) [Hashed](https://millionrounds.com/fund/hashed) [Framework Ventures](https://millionrounds.com/fund/framework-ventures) Source recorded

## Everyone who backed them

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

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

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

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

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

## Also claim to have backed them

These 10 firms list Synthetix as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Struck Capital](https://millionrounds.com/fund/struck-capital) VC firm Per its own site

[Deep Ventures](https://millionrounds.com/fund/deep-ventures) VC firm Per its own site

[IOSG Ventures](https://millionrounds.com/fund/iosg-ventures) VC firm Per its own site

[Tokensoft](https://millionrounds.com/fund/tokensoft) VC firm Per its own site

[Brilliance 3.0](https://millionrounds.com/fund/brilliance-3-0) VC firm Per its own site

[Genblock Capital](https://millionrounds.com/fund/genblock-capital) VC firm Per its own site

[Hyperchain Capital](https://millionrounds.com/fund/hyperchain-capital) VC firm Per its own site

[Hyperscale Fund](https://millionrounds.com/fund/hyperscale-fund) Hedge fund Per its own site

[Marin Digital Ventures](https://millionrounds.com/fund/marin-digital-ventures) VC firm Per its own site

[PHD Capital](https://millionrounds.com/fund/phd-capital) VC firm Per its own site

## Quick answers about Synthetix

### Who invested in Synthetix?

Synthetix's investors include Coinbase Ventures, Paradigm, Hashed and Framework Ventures.

### How much has Synthetix raised?

Synthetix has raised $20M across 1 round since 2023.

### When did Synthetix last raise?

Synthetix's most recent round was a Token sale of $20M in Mar 2023.

### What was Synthetix's biggest round?

Its most recent round, $20M in Mar 2023, is also its largest on record.

### Who backed Synthetix first?

Synthetix's first round on record, in Mar 2023, was backed by Coinbase Ventures, Paradigm and Hashed and 1 others.

### What stage is Synthetix at?

Synthetix's latest named round is a Token sale, in Mar 2023.

### Where is Synthetix based?

Synthetix is based in Australia.

## Companies like Synthetix

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

[**Hysata** $146M · Sept 2026](https://millionrounds.com/company/hysata)[**Hello Clever** $1.6M · Sept 2026](https://millionrounds.com/company/hello-clever)[**Superhero** $25M · Aug 2026](https://millionrounds.com/company/superhero)[**EarlyBird** $6.7M · Jul 2026](https://millionrounds.com/company/earlybird)[**Earlytrade** $16M · Jun 2026](https://millionrounds.com/company/earlytrade)[**Grapple** $1.0M · Apr 2026](https://millionrounds.com/company/grapple)

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