# DeFi investors in Europe (2026 list)

> 69 deFi investors in Europe, 62% active in the last 12 months. Led by Bpifrance, Founders Fund, Spark Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/defi-investors-in-europe (Millionrounds; every figure on the page links to its filing or article)

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

# DeFi investors in Europe

Updated 7 November 2026

Firms observed backing a deFi company in Europe in the last two years, wherever the firm is based.

[See all 69 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fdefi-investors-in-europe)The top 25

**69** investors on the list No change this week

**875** cheques in 12 months *-22%* against the market

**$6M** median round they joined *-25%* against the market median

**62%** wrote a cheque in 12 months

**39%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 2 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 3 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 4 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen
- 5 [Speedinvest](https://millionrounds.com/fund/speedinvest) *Deploying now* VC firm · Austria **345** **$6.7M** median round **Nov 2026** last seen
- 6 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen
- 7 [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) *Deploying now* VC firm · United States **205** **$60M** median round **Oct 2026** last seen
- 8 [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) *Deploying now* VC firm · Germany **179** **$13M** median round **Oct 2026** last seen
- 9 [Paradigm](https://millionrounds.com/fund/paradigm) *Deploying now* VC firm · United States **177** **$14M** median round **Nov 2026** last seen
- 10 [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) *Deploying now* VC firm · United States **149** **$10M** median round **Sept 2026** last seen
- 11 [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) *Deploying now* VC firm · United States **142** **$8M** median round **Jun 2026** last seen
- 12 [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) *Deploying now* VC firm · United States **130** **$7.5M** median round **Oct 2026** last seen
- 13 [Apollo](https://millionrounds.com/fund/apollo-global-management) *Deploying now* Private equity · United States **114** **$55M** median round **Oct 2026** last seen
- 14 [Blockchain Founders Fund](https://millionrounds.com/fund/blockchain-founders-fund) *Deploying now* VC firm · Singapore **110** **$3M** median round **Sept 2026** last seen
- 15 [Amber Group](https://millionrounds.com/fund/amber-group) *Deploying now* VC firm · Hong Kong SAR China **105** **$6.5M** median round **Aug 2026** last seen
- 16 [6th Man Ventures](https://millionrounds.com/fund/6mv) *Deploying now* VC firm · United States **99** **$5.7M** median round **Nov 2026** last seen
- 17 [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) *Deploying now* VC firm · Singapore **96** **$6.5M** median round **Aug 2026** last seen
- 18 [ConsenSys](https://millionrounds.com/fund/consensys) *Deploying now* VC firm · United States **89** **$5M** median round **Jun 2026** last seen
- 19 [CoinFund](https://millionrounds.com/fund/coinfund) *Deploying now* VC firm · United States **85** **$5.8M** median round **Oct 2026** last seen
- 20 [Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) *Deploying now* VC firm · United Kingdom **85** **$2.8M** median round **Oct 2026** last seen
- 21 [Variant](https://millionrounds.com/fund/variant) *Deploying now* VC firm · United States **80** **$9.4M** median round **Nov 2026** last seen
- 22 [Compound](https://millionrounds.com/fund/compound-4) *Deploying now* VC firm · United States **79** **$7.2M** median round **Sept 2026** last seen
- 23 [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) *Deploying now* VC firm · United States **78** **$7M** median round **Oct 2026** last seen
- 24 [Maven 11 Capital](https://millionrounds.com/fund/maven-11) *Deploying now* VC firm · Netherlands **60** **$5.5M** median round **Sept 2026** last seen
- 25 [Tether](https://millionrounds.com/fund/tether) *Deploying now* Investment firm **59** **$35M** median round **Oct 2026** last seen

**44 more on this list**

All 69 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%2Fdefi-investors-in-europe)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [SBI Group](https://millionrounds.com/fund/sbi-group)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *Led by* [Paradigm](https://millionrounds.com/fund/paradigm)
- **5** Nov **[Pliant](https://millionrounds.com/company/pliant)** Series C · $80M *Led by* [Speedinvest](https://millionrounds.com/fund/speedinvest)
- **4** Nov **[Takenos](https://millionrounds.com/company/takenos)** Seed · $7M *With* [Variant](https://millionrounds.com/fund/variant)
- **2** Nov **[CRSHMARKET](https://millionrounds.com/company/crshmarket)** Seed · $3.5M *Led by* [6th Man Ventures](https://millionrounds.com/fund/6mv)
- **31** Oct **[OpenAI](https://millionrounds.com/company/openai)** Other · $20B *With* [Founders Fund](https://millionrounds.com/fund/founders-fund)

## Stages This Year

768 rounds

- Seed **20%**
- Series A **18%**
- Venture **16%**
- Series B **10%**
- Other **7%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **250**
- Fintech **105**
- Web3 & Crypto **96**
- Biotech **49**
- Financial Services **45**
- Construction **37**

## Cheques by Quarter

Led Joined

271 Q1 25

282 Q2 25

295 Q3 25

339 Q4 25

275 Q1 26

264 Q2 26

175 Q3 26

53 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

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

## Quick answers about deFi investors in Europe

### Who are the most active deFi investors in Europe?

By cheques observed, the most active are Bpifrance, Founders Fund, Spark Capital, GSR and Speedinvest.

### How many deFi investors in Europe are there?

69 are on record. 62% made an investment in the last 12 months and 39% have led a round.

### Which stages do deFi investors in Europe back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (25%).

### How big are the rounds deFi investors in Europe join?

The typical (median) round among the leading investors here is $7.2M.

### Which sectors do deFi investors in Europe back most?

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

### Which deFi investors in Europe lead the most rounds?

Founders Fund (42 led), Ribbit Capital (29 led) and Spark Capital (26 led).

### Where are deFi investors in Europe based?

Among the most active, most are based in the United States (15), the United Kingdom (2) and Singapore (2).

### What have deFi investors in Europe invested in recently?

Recent rounds include Soter Insure (Series B, Nov 2026, with SBI Group), Zipline (Growth, Nov 2026, with Paradigm) and Pliant (Series C, Nov 2026, with Speedinvest).

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