# Multicoin Capital Portfolio Map 2026: 80 Startups by Sector

> Multicoin Capital's portfolio mapped: 80 startups it has backed, in 7 sectors from Web3 & Crypto, Fintech and AI on.

Source: https://millionrounds.com/portfolio-maps/multicoin-capital-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Web3 & Crypto

46

- [Forward Industries](https://millionrounds.com/company/forward-industries)
- [*H* Helium](https://millionrounds.com/company/helium)
- [*DF* Dfinity Foundation](https://millionrounds.com/company/dfinity-foundation)
- [Drift](https://millionrounds.com/company/drift)
- [StreamingFast](https://millionrounds.com/company/streamingfast)
- [Across Protocol](https://millionrounds.com/company/across-protocol)
- [Mezo](https://millionrounds.com/company/mezo)
- [Sei Labs](https://millionrounds.com/company/sei-labs)
- [Solana](https://millionrounds.com/company/solana)
- [*NN* Nervos Network](https://millionrounds.com/company/nervos-network)
- [Verona](https://millionrounds.com/company/verona)
- [XION](https://millionrounds.com/company/xion)
- [P0x Labs](https://millionrounds.com/company/p0x-labs)
- [Manta Network](https://millionrounds.com/company/manta-network)
- [Tagomi](https://millionrounds.com/company/tagomi)
- [*SN* Skale Network](https://millionrounds.com/company/skale-network)
- [Community Gaming](https://millionrounds.com/company/community-gaming)
- [Web3Auth](https://millionrounds.com/company/web3auth)
- [Audius](https://millionrounds.com/company/audius)
- [RabbitX](https://millionrounds.com/company/rabbitx)
- [GEODNET](https://millionrounds.com/company/geodnet)
- [Mountain Protocol](https://millionrounds.com/company/mountain-protocol)
- [Ren Labs](https://millionrounds.com/company/ren-labs)
- [P2P me](https://millionrounds.com/company/p2p-me)

+22 more

## Fintech

10

- [Kalshi](https://millionrounds.com/company/kalshi)
- [Torus](https://millionrounds.com/company/torus)
- [*M* Mercury](https://millionrounds.com/company/mercury)
- [Fun](https://millionrounds.com/company/fun)
- [*S* Squads](https://millionrounds.com/company/squads)
- [Spring Labs](https://millionrounds.com/company/spring-labs)
- [seedclub](https://millionrounds.com/company/seedclub)
- [*ED* El Dorado](https://millionrounds.com/company/el-dorado)
- [Exotic Markets](https://millionrounds.com/company/exotic-markets)
- [Glif](https://millionrounds.com/company/glif)

## AI

9

- [Lore](https://millionrounds.com/company/lore)
- [Delphia](https://millionrounds.com/company/delphia)
- [Coral](https://millionrounds.com/company/coral)
- [Clockwork](https://millionrounds.com/company/clockwork)
- [Alethea AI](https://millionrounds.com/company/alethea-ai)
- [Plotdrive](https://millionrounds.com/company/plotdrive)
- [CrunchDAO](https://millionrounds.com/company/crunchdao)
- [Crunch Lab](https://millionrounds.com/company/crunch-lab)
- [io.net](https://millionrounds.com/company/io-net)

## Consumer Apps

5

- [Fin](https://millionrounds.com/company/fin)
- [Recall Labs](https://millionrounds.com/company/recall-labs)
- [Salad Ventures](https://millionrounds.com/company/salad-ventures)
- [FanTiger](https://millionrounds.com/company/fantiger)
- [*D* Dialect](https://millionrounds.com/company/dialect)

## Construction

4

- [Jito Labs](https://millionrounds.com/company/jito-labs)
- [*L* LI.FI](https://millionrounds.com/company/li-fi)
- [*A* Archlabs](https://millionrounds.com/company/arch-labs)
- [Inference](https://millionrounds.com/company/inference)

## Cloud

3

- [OXIO](https://millionrounds.com/company/oxio)
- [Fluence Cloud](https://millionrounds.com/company/fluence-cloud)
- [Tableland](https://millionrounds.com/company/tableland)

## IT Services

3

- [CyberConnect](https://millionrounds.com/company/cyberconnect)
- [Kadena](https://millionrounds.com/company/kadena)
- [Fluid](https://millionrounds.com/company/fluid)

## Segment by segment

### Web3 & Crypto

46 startups · $2.6B raised

- [**Forward Industries**](https://millionrounds.com/company/forward-industries) Forward Industries, Inc. United States $1.6B
- [*H* **Helium**](https://millionrounds.com/company/helium) United States $271M
- [*DF* **Dfinity Foundation**](https://millionrounds.com/company/dfinity-foundation) Switzerland $102M
- [**Drift**](https://millionrounds.com/company/drift) Australia $100M
- [**StreamingFast**](https://millionrounds.com/company/streamingfast) StreamingFast is a web3 builder and investor. - $60M
- [**Across Protocol**](https://millionrounds.com/company/across-protocol) Across Protocol is a cross-chain interoperability protocol and bridge designed to facilitate the transfer and swapping of assets b United States $41M
- [**Mezo**](https://millionrounds.com/company/mezo) Mezo offers property maintenance and provides visibility from the point of intake to avoid unnecessary trips and reduce cost. United States $33M
- [**Sei Labs**](https://millionrounds.com/company/sei-labs) Sei Labs is the layer 1 blockchain uniquely optimized for DeFi. United States $30M

### Fintech

10 startups · $5.2B raised

- [**Kalshi**](https://millionrounds.com/company/kalshi) Kalshi is a CFTC-regulated exchange and prediction market platform based in New York City. United States $3.7B
- [**Torus**](https://millionrounds.com/company/torus) United States $739M
- [*M* **Mercury**](https://millionrounds.com/company/mercury) United States $528M
- [**Fun**](https://millionrounds.com/company/fun) Fun is a financial infrastructure company focused on developing global, programmable, and always-on financial services. United States $82M
- [*S* **Squads**](https://millionrounds.com/company/squads) - $64M
- [**Spring Labs**](https://millionrounds.com/company/spring-labs) Spring Labs is a fintech company based in Marina del Rey, California, founded in 2017. United States $38M
- [**seedclub**](https://millionrounds.com/company/seedclub) Seed Club is a DAO that builds and invests in communities. Cayman Islands $15M
- [*ED* **El Dorado**](https://millionrounds.com/company/el-dorado) Colombia $12M

### AI

9 startups · $247M raised

- [**Lore**](https://millionrounds.com/company/lore) Lore is a Generative AI media and consulting company. United States $85M
- [**Delphia**](https://millionrounds.com/company/delphia) Delphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products. Canada $60M
- [**Coral**](https://millionrounds.com/company/coral) Providing the tools to build businesses across Crypto/Web3 as well as Private/Venture backed and public companies United States $43M
- [**Clockwork**](https://millionrounds.com/company/clockwork) Clockwork builds AI-powered robots. United States $27M
- [**Alethea AI**](https://millionrounds.com/company/alethea-ai) Alethea AI is a protocol to create intelligent and interactive NFTs powered by GPT-3. Singapore $16M
- [**Plotdrive**](https://millionrounds.com/company/plotdrive) Plotdrive is long-form writing infrastructure that lets authors finish books and scripts 5-10x faster without losing their voice. United States $6.0M
- [**CrunchDAO**](https://millionrounds.com/company/crunchdao) Crunch DAO leverages the power of collective intelligence of Web 3.0 to create a next-generation market neutral hedge. France $5.0M
- [**Crunch Lab**](https://millionrounds.com/company/crunch-lab) CrunchLab is an information technology company that offers data infrastructure and digital transformation initiatives. - $5.0M

### Consumer Apps

5 startups · $340M raised

- [**Fin**](https://millionrounds.com/company/fin) Fin is an e-shop that retails lounge chairs, side tables, floating shelves, wall mirrors, coat hooks, serving trays and beeswax pillars. United States $287M
- [**Recall Labs**](https://millionrounds.com/company/recall-labs) Recall Labs is a project management software company that focuses on helping users visualize and organize complex projects. United States $30M
- [**Salad Ventures**](https://millionrounds.com/company/salad-ventures) Salad Ventures is a Singapore-based Web3 company focused on creating economic opportunities through blockchain technology. Singapore $14M
- [**FanTiger**](https://millionrounds.com/company/fantiger) FanTiger is a music NFT marketplace founded in 2022 and based in Noida, Uttar Pradesh, India. - $5.4M
- [*D* **Dialect**](https://millionrounds.com/company/dialect) Dialect is natural language based web app that allows users to quickly and effectively analyze stock market data and trade analysis. United States $4.1M

### Construction

4 startups · $114M raised

- [**Jito Labs**](https://millionrounds.com/company/jito-labs) Jito Labs is a leading infrastructure provider for the Solana blockchain, focusing on low-latency Maximal Extractable Value (MEV) solutions. United States $60M
- [*L* **LI.FI**](https://millionrounds.com/company/li-fi) Germany $29M
- [*A* **Archlabs**](https://millionrounds.com/company/arch-labs) United States $13M
- [**Inference**](https://millionrounds.com/company/inference) Inference provides products, management consulting services and outsourced analytic/decision services related to operationalising United States $12M

### Cloud

3 startups · $89M raised

- [**OXIO**](https://millionrounds.com/company/oxio) oxio is a Canadian telecommunications company that focuses on providing reliable and transparent home internet services. Mexico $72M
- [**Fluence Cloud**](https://millionrounds.com/company/fluence-cloud) Decentralized cloud computing platform to deploy workloads on CPU and GPU cloud at 85% lower costs than hyperscalers Hong Kong SAR China $9.0M
- [**Tableland**](https://millionrounds.com/company/tableland) Tableland is a California-based open-source platform that provides decentralized cloud database solutions for businesses. United States $8.0M

### IT Services

3 startups · $37M raised

- [**CyberConnect**](https://millionrounds.com/company/cyberconnect) CyberConnect is a decentralized social graph protocol with identity sovereignty for mass adoption and network effects. United States $15M
- [**Kadena**](https://millionrounds.com/company/kadena) Kadena is a high-performance blockchain company founded in 2016 by Stuart Popejoy and Will Martino, former leaders of J.P. United States $14M
- [**Fluid**](https://millionrounds.com/company/fluid) Fluid offers fast and secure B2B payment processing, which decreases payment delays and streamlines. Singapore $7.8M

**How this map is made.** Every startup here has raised money in a round we track that names Multicoin Capital as an investor, the first in 2018. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

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