# North Island Ventures Portfolio Map 2026: 27 Startups by Sector

> North Island Ventures's portfolio mapped: 27 startups it has backed, in 4 sectors from Web3 & Crypto, AI and Fintech on.

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

## Web3 & Crypto

10

- [T-REX](https://millionrounds.com/company/t-rex)
- [Variational](https://millionrounds.com/company/variational)
- [Immunefi](https://millionrounds.com/company/immunefi)
- [Lava Network](https://millionrounds.com/company/lava-network)
- [GEODNET](https://millionrounds.com/company/geodnet)
- [Fractal](https://millionrounds.com/company/fractal)
- [Firewall](https://millionrounds.com/company/firewall)
- [etherfuse](https://millionrounds.com/company/etherfuse)
- [Tholos](https://millionrounds.com/company/tholos)
- [dCustody](https://millionrounds.com/company/dcustody)

## AI

8

- [Nous Research](https://millionrounds.com/company/nous-research)
- [Lore](https://millionrounds.com/company/lore)
- [*VA* Venice AI](https://millionrounds.com/company/venice-ai)
- [*F* Fleek](https://millionrounds.com/company/fleek)
- [Addressable](https://millionrounds.com/company/addressable)
- [*E* ❜embed](https://millionrounds.com/company/embed)
- [MNX](https://millionrounds.com/company/mnx)
- [Pluno](https://millionrounds.com/company/pluno)

## Fintech

5

- [*M* Mercury](https://millionrounds.com/company/mercury)
- [MURAL](https://millionrounds.com/company/mural)
- [Limited](https://millionrounds.com/company/limited)
- [Takenos](https://millionrounds.com/company/takenos)
- [Opacity](https://millionrounds.com/company/opacity)

## Consumer Apps

4

- [Squid](https://millionrounds.com/company/squid)
- [Our Happy Company](https://millionrounds.com/company/our-happy-company)
- [ZORP](https://millionrounds.com/company/zorp)
- [Tokemak](https://millionrounds.com/company/tokemak)

## Segment by segment

### Web3 & Crypto

10 startups · $175M raised

- [**T-REX**](https://millionrounds.com/company/t-rex) Trex Company is the world's largest manufacturer of high-performance wood-alternative decking and railing. United States $67M
- [**Variational**](https://millionrounds.com/company/variational) Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum. Cayman Islands $52M
- [**Immunefi**](https://millionrounds.com/company/immunefi) Immunefi is a leading onchain crowdsourced security platform and bug bounty program tailored for Web3, blockchain, and decentraliz Singapore $24M
- [**Lava Network**](https://millionrounds.com/company/lava-network) Lava is the modular data access network for scaling access to any blockchain. Cayman Islands $12M
- [**GEODNET**](https://millionrounds.com/company/geodnet) GEODNET is the largest decentralized Real-Time Kinematics (RTK) network, providing centimeter-level GPS precision globally. United States $8.0M
- [**Fractal**](https://millionrounds.com/company/fractal) Web Development, Software Engineering, App Development United States $4.0M
- [**Firewall**](https://millionrounds.com/company/firewall) Firewall is a blockchain security company based in San Francisco, focused on creating "safe blockspace" for web3 and smart contract networks. United States $3.7M
- [**etherfuse**](https://millionrounds.com/company/etherfuse) Etherfuse is a financial technology and blockchain infrastructure company that connects traditional finance with decentralized fin United States $3.0M

### AI

8 startups · $454M raised

- [**Nous Research**](https://millionrounds.com/company/nous-research) Nous Research is an American open-source AI research lab founded in 2023. United States $215M
- [**Lore**](https://millionrounds.com/company/lore) Lore is a Generative AI media and consulting company. United States $85M
- [*VA* **Venice AI**](https://millionrounds.com/company/venice-ai) United States $65M
- [*F* **Fleek**](https://millionrounds.com/company/fleek) United States $50M
- [**Addressable**](https://millionrounds.com/company/addressable) Addressable provides personalized marketing outreach powered by Generative AI and patented robotic handwriting. United States $15M
- [*E* **❜embed**](https://millionrounds.com/company/embed) Embedded Finance for Stellar Business Growth. Singapore $14M
- [**MNX**](https://millionrounds.com/company/mnx) MNX is a decentralized futures exchange focused on the AI economy, United States $6.4M
- [**Pluno**](https://millionrounds.com/company/pluno) Virtual Space Creator On The Web Germany $2.8M

### Fintech

5 startups · $644M raised

- [*M* **Mercury**](https://millionrounds.com/company/mercury) United States $528M
- [**MURAL**](https://millionrounds.com/company/mural) Mural is an AI-powered visual workspace platform that enhances team collaboration by connecting strategy to execution in a shared United States $67M
- [**Limited**](https://millionrounds.com/company/limited) Limited creates a separate inbox for online shopping. United States $26M
- [**Takenos**](https://millionrounds.com/company/takenos) Wallet for LATAM freelancers Argentina $12M
- [**Opacity**](https://millionrounds.com/company/opacity) Private Cloud Storage and File Sharing, Powered by Crypto United States $12M

### Consumer Apps

4 startups · $28M raised

- [**Squid**](https://millionrounds.com/company/squid) Squid is a digital handwriting app for Android and Chromebook, allowing users to take notes, markup PDFs, and sign documents. Switzerland $11M
- [**Our Happy Company**](https://millionrounds.com/company/our-happy-company) Our Happy Company is an entertainment and technology venture founded by Grammy-winning musician John Legend in 2022. Singapore $7.5M
- [**ZORP**](https://millionrounds.com/company/zorp) ZORP lets you run facility and asset maintenance programs autonomously with AI. United States $5.6M
- [**Tokemak**](https://millionrounds.com/company/tokemak) Tokemak is an app-based platform generating sustainable liquidity for the tokenized world. - $4.0M

**How this map is made.** Every startup here has raised money in a round we track that names North Island Ventures as an investor, the first in 2021. 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)

[VC firm · United States **Techstars** 1,119 startups · 12 sectors · $16B](https://millionrounds.com/portfolio-maps/techstars-portfolio-map)[VC firm · United States **Alumni Ventures** 745 startups · 12 sectors · $64B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-portfolio-map)[VC firm · United States **Andreessen Horowitz** 694 startups · 12 sectors · $497B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-portfolio-map)[VC firm · United States **Sequoia Capital** 651 startups · 12 sectors · $677B](https://millionrounds.com/portfolio-maps/sequoia-capital-portfolio-map)[VC firm · United States **SV Angel** 548 startups · 12 sectors · $79B](https://millionrounds.com/portfolio-maps/sv-angel-portfolio-map)[VC firm · United States **General Catalyst** 538 startups · 12 sectors · $230B](https://millionrounds.com/portfolio-maps/general-catalyst-portfolio-map)

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