# ParaFi Capital's Web3 & Crypto Investments: 33 Startups in Its Portfolio (2026) > The 33 Web3 & Crypto startups ParaFi Capital has backed, by stage: $942M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/parafi-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 14 - [ProCap Financial](https://millionrounds.com/company/procap-financial) - [Mezo](https://millionrounds.com/company/mezo) - [Badger DAO](https://millionrounds.com/company/badger-dao) - [Commonwealth Labs](https://millionrounds.com/company/commonwealth-labs) - [Yield Guild Games](https://millionrounds.com/company/yield-guild-games) - [Radicle](https://millionrounds.com/company/radicle) - [Potion Labs](https://millionrounds.com/company/potion-labs) - [Chainflip](https://millionrounds.com/company/chainflip) - [GEODNET](https://millionrounds.com/company/geodnet) - [Beta Finance](https://millionrounds.com/company/beta-finance) - [Bitfinity Network](https://millionrounds.com/company/bitfinity-network) - [Hubble Protocol](https://millionrounds.com/company/hubble-protocol) - [The Graph](https://millionrounds.com/company/the-graph) - [Atlendis Labs](https://millionrounds.com/company/atlendis-labs) ## Pre-seed and seed 10 - [*IC* Inversion Capital](https://millionrounds.com/company/inversion-capital) - [*JP* Jet Protocol Holdings](https://millionrounds.com/company/jet-protocol-holdings) - [deBridge Finance](https://millionrounds.com/company/debridge-finance) - [ClayStack](https://millionrounds.com/company/claystack) - [BAYZ](https://millionrounds.com/company/bayz) - [yoloyolo](https://millionrounds.com/company/yoloyolo) - [Solrise Finance](https://millionrounds.com/company/solrise-finance) - [Domination Finance](https://millionrounds.com/company/domination-finance) - [DefiDollar](https://millionrounds.com/company/defidollar) - [BarnBridge](https://millionrounds.com/company/barnbridge) ## Series A 7 - [Thesis](https://millionrounds.com/company/thesis) - [P0x Labs](https://millionrounds.com/company/p0x-labs) - [Manta Network](https://millionrounds.com/company/manta-network) - [Fence](https://millionrounds.com/company/fence) - [Elementus](https://millionrounds.com/company/elementus) - [Gelato](https://millionrounds.com/company/gelato) - [PoolTogether](https://millionrounds.com/company/pooltogether) ## Series B 2 - [BloXroute Labs](https://millionrounds.com/company/bloxroute-labs) - [ZenLedger](https://millionrounds.com/company/zenledger) ## Segment by segment ### Stage not reported 14 startups · $665M raised - [**ProCap Financial**](https://millionrounds.com/company/procap-financial) ProCap Financial is a bitcoin-native financial services firm focused on building and funding companies that solve important problems. United States $517M - [**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 - [**Badger DAO**](https://millionrounds.com/company/badger-dao) Badger DAO is a bitcoin-based decentralized finance platform that allows users to trade crypto tokens. Canada $21M - [**Commonwealth Labs**](https://millionrounds.com/company/commonwealth-labs) Commonwealth Labs is a governance startup offering a new twist on token airdrops. United States $20M - [**Yield Guild Games**](https://millionrounds.com/company/yield-guild-games) Yield Guild Games invests in non-fungible tokens (NFTs) used in virtual worlds and blockchain-based games. United States $14M - [**Radicle**](https://millionrounds.com/company/radicle) Radicle is the Management Consulting company. United Arab Emirates $12M - [**Potion Labs**](https://millionrounds.com/company/potion-labs) Potion Labs is a base layer for a wide range of asset risk-management applications. United Kingdom $12M - [**Chainflip**](https://millionrounds.com/company/chainflip) Chainflip is a decentralized automated market maker-based protocol. Germany $10M ### Pre-seed and seed 10 startups · $60M raised - [*IC* **Inversion Capital**](https://millionrounds.com/company/inversion-capital) United States $27M - [*JP* **Jet Protocol Holdings**](https://millionrounds.com/company/jet-protocol-holdings) Jet Protocol Holdings is an operator of a lending platform. United States $6.8M - [**deBridge Finance**](https://millionrounds.com/company/debridge-finance) deBridge is a cross-chain interoperability and liquidity transfer protocol that allows decentralized transfer of assets between blockchains. Hong Kong SAR China $5.5M - [**ClayStack**](https://millionrounds.com/company/claystack) ClayStack is a decentralized, cross-chain liquid staking protocol founded in 2020 and based in Singapore. Singapore $5.2M - [**BAYZ**](https://millionrounds.com/company/bayz) BAYZ is a Play-to-earn gaming guild that helps members earn money by playing video games and being part of a global gaming community. Brazil $4.0M - [**yoloyolo**](https://millionrounds.com/company/yoloyolo) A new platform called YoloYolo integrates non-fungible tokens. United States $3.5M - [**Solrise Finance**](https://millionrounds.com/company/solrise-finance) Solrise is a Serbia-based decentralized fund management platform that allows fund managers and investors to trade and manage their United Kingdom $3.4M - [**Domination Finance**](https://millionrounds.com/company/domination-finance) The world's first and only perp DEX for dominance trading. United States $3.2M ### Series A 7 startups · $130M raised - [**Thesis**](https://millionrounds.com/company/thesis) Thesis is a nootropic company that specializes in personalized, natural brain-blend supplements aimed at enhancing cognition, prod United States $29M - [**P0x Labs**](https://millionrounds.com/company/p0x-labs) p0x Labs is a blockchain technology company based in Santa Cruz, California, founded in 2020 by Kenny Li, Shumo Chu, and Victor Ji. United States $25M - [**Manta Network**](https://millionrounds.com/company/manta-network) Manta Network is building a secure and interoperable future with Zero-Knowledge. United States $25M - [**Fence**](https://millionrounds.com/company/fence) Fence, also known as Fence Finance, is a fintech company based in Madrid, Spain, founded in 2023. Spain $20M - [**Elementus**](https://millionrounds.com/company/elementus) Elementus is a blockchain intelligence platform based in New York, founded in 2017. United States $14M - [**Gelato**](https://millionrounds.com/company/gelato) Gelato is the leading onchain cloud platform for Web3 infrastructure, powering Rollups, Smart Wallets, Paymaster & Bundler, and ga Switzerland $11M - [**PoolTogether**](https://millionrounds.com/company/pooltogether) PoolTogether is a no-loss, audited savings game powered by blockchain technology. United States $6.0M ### Series B 2 startups · $87M raised - [**BloXroute Labs**](https://millionrounds.com/company/bloxroute-labs) BloXroute is a blockchain distribution network that helps in scaling blockchains to thousands of transactions/second on-chain. United States $70M - [**ZenLedger**](https://millionrounds.com/company/zenledger) ZenLedger is a cryptocurrency tax and accounting software platform founded in 2017. United States $17M **How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names ParaFi Capital 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) [Co-investors **Who invests with ParaFi Capital** 42 co-investors](https://millionrounds.com/portfolio-maps/parafi-co-investors)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio)[Sector portfolio **Sequoia Capital's AI portfolio** 209 startups · $543B](https://millionrounds.com/portfolio-maps/sequoia-capital-ai-portfolio) ## Raising from investors like ParaFi Capital? 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