# Corporate VCs backing Web3 & Crypto (2026 list)

> 55 corporate VCs backing Web3 & Crypto, 89% active in the last 12 months. Led by Wayra, Salesforce Ventures, Coinbase Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/corporate-vcs-web3 (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Corporate VCs backing Web3 & Crypto

Updated 7 November 2026

Corporate VCs we have observed in a web3 & Crypto round in the last two years.

[See all 55 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-web3)The top 25

**55** investors on the list *-1* this week

**649** cheques in 12 months *-9%* against the market

**$20M** median round they joined *+150%* against the market median

**89%** wrote a cheque in 12 months

**42%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen
- 2 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 3 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen
- 4 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 5 [Samsung Next](https://millionrounds.com/fund/samsung-next) *Deploying now* Corporate VC · United States **311** **$15M** median round **Nov 2026** last seen
- 6 [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) *Deploying now* Corporate VC · Germany **144** **$175M** median round **Nov 2026** last seen
- 7 [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) *Deploying now* Corporate VC · Japan **142** **$10M** median round **Sept 2026** last seen
- 8 [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) *Deploying now* Corporate VC · United Kingdom **128** **$23M** median round **Oct 2026** last seen
- 9 [Visa](https://millionrounds.com/fund/visa) *Deploying now* Corporate VC · United States **123** **$7.5M** median round **Oct 2026** last seen
- 10 [Alibaba Group](https://millionrounds.com/fund/alibaba-group) *Deploying now* Corporate VC · China **113** **$35M** median round **Sept 2026** last seen
- 11 [SE Ventures](https://millionrounds.com/fund/se-ventures) *Deploying now* Corporate VC · United States **112** **$16M** median round **Oct 2026** last seen
- 12 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 13 [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) *Deploying now* Corporate VC · United Kingdom **105** **$6.3M** median round **Nov 2026** last seen
- 14 [Hana Ventures](https://millionrounds.com/fund/hana-ventures) *Deploying now* Corporate VC · South Korea **102** **$6.2M** median round **Jul 2026** last seen
- 15 [OKX Ventures](https://millionrounds.com/fund/okx-ventures) *Deploying now* Corporate VC · Iran **95** **$4M** median round **Dec 2025** last seen
- 16 [Protocol Labs](https://millionrounds.com/fund/protocol-labs) *Deploying now* Corporate VC · United States **87** **$4.3M** median round **Apr 2026** last seen
- 17 [KuCoin Labs](https://millionrounds.com/fund/kucoin-labs) *Deploying now* Corporate VC · Seychelles **66** **$4.3M** median round **Mar 2026** last seen
- 18 [Citi Ventures](https://millionrounds.com/fund/citi-ventures) *Deploying now* Corporate VC · United States **65** **$64M** median round **Oct 2026** last seen
- 19 [Susquehanna International Group (SIG)](https://millionrounds.com/fund/susquehanna-international-group-sig) *Deploying now* Corporate VC · United States **64** **$8.5M** median round **Aug 2026** last seen
- 20 [Accenture Ventures](https://millionrounds.com/fund/accenture-ventures) *Deploying now* Corporate VC · Ireland **62** **$25M** median round **Aug 2026** last seen
- 21 [Mask Network](https://millionrounds.com/fund/mask-network) *Deploying now* Corporate VC · United States **61** **$3M** median round **Jan 2026** last seen
- 22 [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) *Deploying now* Corporate VC · Saudi Arabia **60** **$27M** median round **Sept 2026** last seen
- 23 [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) *Deploying now* Corporate VC · United States **56** **$27M** median round **Sept 2026** last seen
- 24 [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) *Deploying now* Corporate VC · Netherlands **54** **$185M** median round **Nov 2026** last seen
- 25 [CapitalG](https://millionrounds.com/fund/capitalg) *Deploying now* Corporate VC · Canada **51** **$213M** median round **Oct 2026** last seen

**30 more on this list**

All 55 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-web3)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *Led by* [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund)
- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [Coinbase Ventures](https://millionrounds.com/fund/coinbase)
- **5** Nov **[Pure Data Centres Group](https://millionrounds.com/company/pure-data-centres-group)** Debt · $1.9B *With* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Samsung Next](https://millionrounds.com/fund/samsung-next)
- **5** Nov **[Return](https://millionrounds.com/company/return)** Debt · $936M *With* [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)

## Stages This Year

588 rounds

- Series A **18%**
- Venture **17%**
- Debt **12%**
- Seed **11%**
- Series B **11%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **211**
- Fintech **91**
- Web3 & Crypto **76**
- Big Data & Analytics **40**
- Financial Services **33**
- Construction **32**

## Cheques by Quarter

Led Joined

171 Q1 25

171 Q2 25

202 Q3 25

222 Q4 25

216 Q1 26

177 Q2 26

139 Q3 26

44 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in crypto and web3

- Number Go Up: Inside Crypto's Wild Rise and Staggering Fall Zeke Faux · 2023 4.24 from 9,425 ratings on Goodreads Crypto and web3 Company building About the book In 2021 cryptocurrency went mainstream. Giant investment funds were buying it; celebrities like Tom Brady endorsed it; and TV ads hailed it as the future of money. Hardly anyone knew how it worked, but why bother with the particulars when everyone was making a fortune from… On AmazonListen on Audible
- Mastering Ethereum: Building Smart Contracts and DApps Andreas M. Antonopoulos · 2018 4.28 from 596 ratings on Goodreads Crypto and web3 Company building About the book Ethereum represents the gateway to a worldwide, decentralized computing paradigm. This platform enables you to run decentralized applications (DApps) and smart contracts that have no central points of failure or control, integrate with a payment network, and operate on an open… On AmazonListen on Audible
- Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies Neel Mehta · 2019 4.30 from 1,648 ratings on Goodreads Crypto and web3 Company building About the book Some experts say that cryptocurrencies and blockchains are just a scam; others say they're "the most important invention since the internet." It's hard to tell who's right. Authored by Product Managers from Google, Microsoft, and Facebook, Bubble or Revolution cuts through the… On AmazonListen on Audible
- Read Write Own: Building the Next Era of the Internet Chris Dixon · 2024 3.93 from 2,300 ratings on Goodreads Crypto and web3 Company building About the book A potent exploration of the power of blockchains to reshape the future of the internet, and how that affects us all, from influential technology entrepreneur and startup investor Chris Dixon The internet of today is a far cry from its early promise of a decentralized,… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=crypto).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about corporate VCs backing Web3 & Crypto

### Who are the most active corporate VCs backing Web3 & Crypto?

By cheques observed, the most active are Wayra, Salesforce Ventures, Coinbase Ventures, Endeavor Catalyst and Samsung Next.

### How many corporate VCs backing Web3 & Crypto are there?

55 are on record. 89% made an investment in the last 12 months and 42% have led a round.

### Which stages do corporate VCs backing Web3 & Crypto back?

Of the rounds with a named stage in the last 12 months, mostly Series A (24%) and Debt (16%).

### How big are the rounds corporate VCs backing Web3 & Crypto join?

The typical (median) round among the leading investors here is $16M.

### Which sectors do corporate VCs backing Web3 & Crypto back most?

In the last 12 months, mostly AI, Fintech and Web3 & Crypto.

### Which corporate VCs backing Web3 & Crypto lead the most rounds?

CapitalG (20 led), Salesforce Ventures (12 led) and Barclays Ventures (5 led).

### Where are corporate VCs backing Web3 & Crypto based?

Among the most active, most are based in the United States (12), Germany (2) and the United Kingdom (2).

### What have corporate VCs backing Web3 & Crypto invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), Soter Insure (Series B, Nov 2026, with Coinbase Ventures) and Pure Data Centres Group (Debt, Nov 2026, with ABN AMRO Fund).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)