# Maelstrom: portfolio, investments and team > Maelstrom is a vc firm based in Hong Kong SAR China. 4 investments on record, 2 in the last 12 months, latest Mar 2026. Source: https://millionrounds.com/fund/maelstrom (Millionrounds; every figure on the page links to its filing or article) Hong Kong SAR China · [Investor](https://millionrounds.com/investors) # Maelstrom Last cheque observed Mar 2026; 4 cheques on record. Email Deploying now VC firm Seed Series A Metaverse Decentralization Decentralized Follow Maelstrom and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmaelstrom) Deploying now **50%** of best year **2** **cheques in 12 months**, 4 on record Since the last cheque **236** days **00** hrs **00** min **00** sec Median round **$9.4M** Rounds led **1 of 4** Pitch Maelstrom ## Maelstrom highlights - 01 2 cheques in the last 12 months - 02 Mostly Seed: 100% of its rounds - 03 Led 1 rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A - **Sectors:** Metaverse Decentralization Decentralized - **Based in:** Hong Kong, Hong Kong SAR China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **4 appearances** - **2026** 2 rounds - **Mar** **[Zodl](https://millionrounds.com/company/zodl)** Seed · Ventureburn **$25M** With 7 others - **Jan** **[River](https://millionrounds.com/company/river)** Ventureburn **$12M** With 3 others - **2025** 2 rounds - **Sept** **[Bio Protocol](https://millionrounds.com/company/bio-protocol)** Seed · Ventureburn **$6.9M** *Led* - **Jul** **[Limitless](https://millionrounds.com/company/limitless)** US · TechStartups **$4.0M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## What they claim to have backed From their own portfolio page (on their website) **18** of 33 we have independently watched raise [Aethir](https://millionrounds.com/company/aethir)[Aukilabs](https://millionrounds.com/company/auki-labs)[Bilby](https://millionrounds.com/company/bilby)[Cytonic](https://millionrounds.com/company/cytonic)[Genlayer](https://millionrounds.com/company/genlayer)[Gun](https://millionrounds.com/company/gun)[Hyperline](https://millionrounds.com/company/hyperline)[Init](https://millionrounds.com/company/init)[Ion Protocol](https://millionrounds.com/company/ion-protocol)[Juice](https://millionrounds.com/company/juice)[Khalani](https://millionrounds.com/company/khalani)[Kolibrio](https://millionrounds.com/company/kolibrio)[Nillion](https://millionrounds.com/company/nillion)[Noxx](https://millionrounds.com/company/noxx)[Perena](https://millionrounds.com/company/perena)[Primuslabs](https://millionrounds.com/company/primus-labs)[Rated](https://millionrounds.com/company/rated)[Solayer](https://millionrounds.com/company/solayer) D3 Ethena Ether Getstan Obol OurWallet Oyl Pendle Quasar Spot Squidrouter Term Finance Time Updates Upside Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Seed Series A Median round joined **$9.4M** the round, not its cheque Led 1 of 4 rounds **25%** - **Sole investor:** Never alone - **Last cheque:** Mar 2026 Rounds by stage said on their site - Seed said *2* - Series A said *-* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Maelstrom?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Maelstrom put money into. [**River** $12M · Jan 2026](https://millionrounds.com/company/river)[**Bio Protocol** $6.9M · Sept 2025](https://millionrounds.com/company/bio-protocol)[**Limitless** $4.0M · Jul 2025](https://millionrounds.com/company/limitless) ## Quick answers about Maelstrom ### What does Maelstrom invest in? Maelstrom invests most often at Seed (100% of the rounds on record), in sectors such as Metaverse, Decentralization and Decentralized. ### How active is Maelstrom? 4 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Mar 2026. ### What has Maelstrom invested in recently? Its most recent investments on record: Zodl (Seed, Mar 2026), River (Undisclosed round, Jan 2026) and Bio Protocol (Seed, Sept 2025). ### How big are Maelstrom's cheques? The median round it joins is $9.4M. ### Is Maelstrom investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### What kind of investor is Maelstrom? Maelstrom is a VC firm based in Hong Kong, Hong Kong SAR China. ### Where does this information on Maelstrom come from? From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=maelstrom) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=maelstrom)