# Investors in Panama (2026 list)

> 18 investors in Panama, 72% active in the last 12 months. Led by Coinbase Ventures, Icehouse Ventures, Blackbird Ventures. Ranked by what they funded.

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

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

# Investors in Panama

Updated 7 November 2026

Firms observed in a round raised by a company in Panama in the last two years, wherever the firm itself is based. What matters to a founder is who writes cheques into their market.

[See all 18 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-panama)The top 18

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

**213** cheques in 12 months *-17%* against the market

**$2.5M** median round they joined *-69%* against the market median

**72%** wrote a cheque in 12 months

**39%** have led a round

## The Top 18

Ordered by cheques observed, never by anything anyone paid for

Deploying now (13)

- 1 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen
- 2 [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) *Deploying now* VC firm · New Zealand **179** **$2.4M** median round **Oct 2026** last seen
- 3 [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) *Deploying now* VC firm · United States **177** **$7M** median round **Oct 2026** last seen
- 4 [Brinc](https://millionrounds.com/fund/brinc) *Deploying now* Accelerator · Hong Kong SAR China **132** **$500K** median round **Jul 2026** last seen
- 5 [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) *Deploying now* VC firm · United States **130** **$7.5M** median round **Oct 2026** last seen
- 6 [Outlier Ventures](https://millionrounds.com/fund/outlier-ventures) *Deploying now* Accelerator · United Kingdom **114** **$1.4M** median round **Feb 2026** last seen
- 7 [Electric Capital](https://millionrounds.com/fund/electric-capital) *Deploying now* VC firm · United States **81** **$5.5M** median round **Sept 2026** last seen
- 8 [K1W1](https://millionrounds.com/fund/k1w1) *Deploying now* Investment firm · New Zealand **70** **$1.3M** median round **Oct 2026** last seen
- 9 [Tether](https://millionrounds.com/fund/tether) *Deploying now* Investment firm **59** **$35M** median round **Oct 2026** last seen
- 10 [Flying Fox Ventures](https://millionrounds.com/fund/flying-fox-ventures) *Deploying now* VC firm · Australia **51** **$3M** median round **Jul 2026** last seen
- 11 [Chapter One Ventures](https://millionrounds.com/fund/chapter-one) *Deploying now* VC firm · United States **48** **$6.7M** median round **Jun 2026** last seen
- 12 [Black Nova Venture Capital](https://millionrounds.com/fund/black-nova-venture-capital) *Deploying now* VC firm · Australia **24** **$2.6M** median round **Sept 2026** last seen
- 13 [Nimbus Capital](https://millionrounds.com/fund/nimbus-capital) *Deploying now* Private credit · Panama **2** **$22M** median round **Nov 2026** last seen
- 14 [ChainGPT](https://millionrounds.com/fund/chaingpt) quiet Investment firm **1** **$1.5M** median round **Dec 2024** last seen
- 15 [Polkastarter](https://millionrounds.com/fund/polkastarter) quiet VC firm · United Arab Emirates **1** **$1.5M** median round **Dec 2024** last seen
- 16 [gamefi.org](https://millionrounds.com/fund/gamefi-org) quiet Investment firm · Singapore **1** **$1.5M** median round **Dec 2024** last seen
- 17 [Ape Terminal](https://millionrounds.com/fund/ape-terminal) quiet Investment firm **1** **$1.5M** median round **Dec 2024** last seen
- 18 [SuiPad](https://millionrounds.com/fund/suipad) quiet Investment firm **1** **$1.5M** median round **Dec 2024** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [Coinbase Ventures](https://millionrounds.com/fund/coinbase)
- **5** Nov **[Betski](https://millionrounds.com/company/betski)** Other · $15M *Led by* [Nimbus Capital](https://millionrounds.com/fund/nimbus-capital)
- **28** Oct **[Birch Hill](https://millionrounds.com/company/birch-hill)** Seed · $4M *Led by* [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital)
- **27** Oct **[MP Space](https://millionrounds.com/company/mp-space)** Seed · $16M *Led by* [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2)
- **27** Oct **[General Compute](https://millionrounds.com/company/general-compute)** Series A · $100M *Led by* [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2)
- **26** Oct **[Mochatrade](https://millionrounds.com/company/mochatrade)** Seed · $5.5M *With* [Coinbase Ventures](https://millionrounds.com/fund/coinbase)

## Stages This Year

191 rounds

- Seed **29%**
- Venture **21%**
- Series A **19%**
- Other **6%**
- Pre-seed **5%**
- Other **20%**

## What They Backed

Sectors, last 12 months

- Web3 & Crypto **59**
- AI **49**
- Fintech **32**
- Big Data & Analytics **14**
- Construction **10**
- Financial Services **9**

## Cheques by Quarter

Led Joined

63 Q1 25

57 Q2 25

76 Q3 25

65 Q4 25

74 Q1 26

57 Q2 26

41 Q3 26

16 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors in United States 5,827](https://millionrounds.com/lists/investors-in-united-states)
- [Investors in United Kingdom 1,889](https://millionrounds.com/lists/investors-in-united-kingdom)
- [Investors in Germany 898](https://millionrounds.com/lists/investors-in-germany)
- [Investors in Canada 868](https://millionrounds.com/lists/investors-in-canada)
- [Investors in Australia 853](https://millionrounds.com/lists/investors-in-australia)
- [Investors in France 771](https://millionrounds.com/lists/investors-in-france)
- [Investors in India 756](https://millionrounds.com/lists/investors-in-india)
- [Investors in Brazil 584](https://millionrounds.com/lists/investors-in-brazil)
- [Investors in Netherlands 569](https://millionrounds.com/lists/investors-in-netherlands)

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

## Quick answers about investors in Panama

### Who are the most active investors in Panama?

By cheques observed, the most active are Coinbase Ventures, Icehouse Ventures, Blackbird Ventures, Brinc and Multicoin Capital.

### How many investors in Panama are there?

18 are on record. 72% made an investment in the last 12 months and 39% have led a round.

### Which stages do investors in Panama back?

Of the rounds with a named stage in the last 12 months, mostly Seed (42%) and Series A (27%).

### How big are the rounds investors in Panama join?

The typical (median) round among the leading investors here is $2.6M.

### Which sectors do investors in Panama back most?

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

### Which investors in Panama lead the most rounds?

Blackbird Ventures (13 led), Tether (13 led) and Multicoin Capital (11 led).

### Where are investors in Panama based?

Among the most active, most are based in the United States (5), New Zealand (2) and Australia (2).

### What have investors in Panama invested in recently?

Recent rounds include Soter Insure (Series B, Nov 2026, with Coinbase Ventures), Betski (Other, Nov 2026, with Nimbus Capital) and Birch Hill (Seed, Oct 2026, with Multicoin Capital).

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