# Pharsalus Capital: portfolio, investments and team > Pharsalus Capital is a venture studio based in United States. 2 investments on record, 2 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/pharsalus-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Pharsalus Capital Last cheque observed Sep 2026; 2 cheques on record. Email Venture studio Deploying now New fund $32M, Oct 2026 Seed Series A Crypto Blockchain Follow Pharsalus Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fpharsalus-capital) Deploying now **100%** of best year **2** **cheques in 12 months**, 2 on record Since the last cheque **65** days **00** hrs **00** min **00** sec Median round **$45M** Rounds led **0 of 2** Pitch Pharsalus Capital ## Pharsalus Capital highlights - 01 2 cheques in the last 12 months - 02 Mostly Seed and Series A: 100% of its rounds ## What they do > Pharsalus Capital exists to invest and build companies and protocols that enable billions in the emerging markets to access cryptocurrencies From their own website - **Type:** Venture studio - **Cheque size:** Not stated - **Sectors:** Crypto Blockchain - **Based in:** United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2026** 2 rounds - **Sept** **[Limited](https://millionrounds.com/company/limited)** Seed · US · Firms' own news pages **$19M** With 10 others - **May** **[Fun](https://millionrounds.com/company/fun)** Series A · US · AlleyWatch **$72M** With 5 others 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. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** AG **Anthony Ghosn Bichara** Manager i Filing they signed We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$86M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Pharsalus Capital Management, LLC - **SEC number:** CRD 335251 ## What they claim to have backed From their own portfolio page (on their website) **18** of 23 we have independently watched raise [Acctual](https://millionrounds.com/company/acctual)[Berachain](https://millionrounds.com/company/berachain)[Catalyst](https://millionrounds.com/company/catalyst)[Checker](https://millionrounds.com/company/checker)[Crusoe](https://millionrounds.com/company/crusoe)[Erebor](https://millionrounds.com/company/erebor)[Fun](https://millionrounds.com/company/fun)[Fuze](https://millionrounds.com/company/fuze)[Lighter](https://millionrounds.com/company/lighter)[N3xt](https://millionrounds.com/company/n3xt)[Plasma](https://millionrounds.com/company/plasma)[Privy](https://millionrounds.com/company/privy)[Raise](https://millionrounds.com/company/raise)[Sovra](https://millionrounds.com/company/sovra)[Standardeconomics](https://millionrounds.com/company/standard-economics)[Yellowcard](https://millionrounds.com/company/yellow-card)[Zar](https://millionrounds.com/company/zar)[Zodiamarkets](https://millionrounds.com/company/zodia-markets) Eternis Hyperdrive Sesamevault Soter Usehawala 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. New fund on file **$32M** raised in Oct 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Median round joined **$45M** the round, not its cheque Led 0 of 2 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Sept 2026 Rounds by stage said on their site - Seed *1* - Series A *1* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Pharsalus Capital?** 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 Pharsalus Capital put money into. [**Limited** $19M · Sept 2026](https://millionrounds.com/company/limited)[**Fun** $72M · May 2026](https://millionrounds.com/company/fun) ## Quick answers about Pharsalus Capital ### What does Pharsalus Capital invest in? Pharsalus Capital invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Crypto and Blockchain. ### How active is Pharsalus Capital? 2 investments on record, 2 of them in the last 12 months. The most recent was in Sept 2026. ### What has Pharsalus Capital invested in recently? Its most recent investments on record: Limited (Seed, Sept 2026) and Fun (Series A, May 2026). ### How big are Pharsalus Capital's cheques? The median round it joins is $45M. ### Is Pharsalus Capital investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### What kind of investor is Pharsalus Capital? Pharsalus Capital is a venture studio based in United States. ### How much does Pharsalus Capital manage? About $86M, as gross assets of its private funds (Oct 2026). ### Has Pharsalus Capital raised a new fund? Its latest fund filing with the SEC was in Oct 2026, reporting $32M raised. ## Raising now? 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