# Nascent's Web3 & Crypto Investments: 16 Startups in Its Portfolio (2026) > The 16 Web3 & Crypto startups Nascent has backed, by stage: $85M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/nascent-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Pre-seed and seed 10 - [Gro](https://millionrounds.com/company/g-ro) - [Satflow](https://millionrounds.com/company/satflow) - [*L* Ligero](https://millionrounds.com/company/ligero) - [Tenor Labs](https://millionrounds.com/company/tenor-labs) - [NEBRA Labs](https://millionrounds.com/company/nebra-labs) - [Phylax Systems](https://millionrounds.com/company/phylax-systems) - [*K* Khalani](https://millionrounds.com/company/khalani) - [Volt Protocol](https://millionrounds.com/company/volt-protocol) - [EarthFast](https://millionrounds.com/company/earthfast) - [Skylock](https://millionrounds.com/company/skylock) ## Stage not reported 3 - [Informal Systems](https://millionrounds.com/company/informal-systems) - [Sorella Labs](https://millionrounds.com/company/sorella-labs) - [ML Tech](https://millionrounds.com/company/ml-tech) ## Series A 3 - [Obol Labs](https://millionrounds.com/company/obol-labs) - [Union Labs](https://millionrounds.com/company/union-labs) - [PoolTogether](https://millionrounds.com/company/pooltogether) ## Segment by segment ### Pre-seed and seed 10 startups · $43M raised - [**Gro**](https://millionrounds.com/company/g-ro) G-RO is the world's first bag in a whole new category. United States $9.1M - [**Satflow**](https://millionrounds.com/company/satflow) Satflow aims to improve Bitcoin DEXs, enhance decentralization. United States $7.6M - [*L* **Ligero**](https://millionrounds.com/company/ligero) United States $5.5M - [**Tenor Labs**](https://millionrounds.com/company/tenor-labs) Tenor Labs is a non-custodial DeFi company that develops a fixed-rate, fixed-term borrowing and lending platform for onchain asset Canada $5.0M - [**NEBRA Labs**](https://millionrounds.com/company/nebra-labs) NEBRA Labs is a research and development organization dedicated to advancing zero-knowledge proofs, particularly within the Ethere United States $4.5M - [**Phylax Systems**](https://millionrounds.com/company/phylax-systems) Phylax brings inline pre-trade risk controls and circuit breakers to blockchains, implemented as low-latency checks executed by th United States $4.5M - [*K* **Khalani**](https://millionrounds.com/company/khalani) Khalani has developed the world's first decentralized solver platform, which seeks to improve the web3 user experience. United States $2.5M - [**Volt Protocol**](https://millionrounds.com/company/volt-protocol) VOLT is a natively yield bearing digital currency built on Ethereum. United States $2.0M ### Stage not reported 3 startups · $12M raised - [**Informal Systems**](https://millionrounds.com/company/informal-systems) Informal Systems is a Canadian-based technology organization founded in 2019, operating as a cooperatively owned and governed entity. Canada $5.3M - [**Sorella Labs**](https://millionrounds.com/company/sorella-labs) Sorella Labs is a financial services company based in New York, founded in 2022. United States $5.2M - [**ML Tech**](https://millionrounds.com/company/ml-tech) ML Tech is a non-custodial, AI-driven investment platform founded in 2020 and based in Miami, Florida. United States $1.0M ### Series A 3 startups · $31M raised - [**Obol Labs**](https://millionrounds.com/company/obol-labs) Obol Labs specializes in building distributed validators for Ethereum. United States $13M - [**Union Labs**](https://millionrounds.com/company/union-labs) Union Labs is a blockchain infrastructure company focused on creating innovative solutions for cross-chain interoperability. United States $12M - [**PoolTogether**](https://millionrounds.com/company/pooltogether) PoolTogether is a no-loss, audited savings game powered by blockchain technology. United States $6.0M **How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Nascent as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Investments abroad **Nascent's investments in the United States** 19 startups · $738M](https://millionrounds.com/portfolio-maps/nascent-investments-united-states)[Sector portfolio **Vertex Ventures' AI portfolio** 31 startups · $1.3B](https://millionrounds.com/portfolio-maps/vertex-ventures-ai-portfolio)[Sector portfolio **Vertex Ventures' Biotech portfolio** 13 startups · $2.2B](https://millionrounds.com/portfolio-maps/vertex-ventures-biotech-portfolio)[Sector portfolio **Y Combinator's AI portfolio** 1,143 startups · $44B](https://millionrounds.com/portfolio-maps/y-combinator-ai-portfolio)[Sector portfolio **Y Combinator's Fintech portfolio** 338 startups · $24B](https://millionrounds.com/portfolio-maps/y-combinator-fintech-portfolio)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio) ## Raising from investors like Nascent? 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