# Polychain's Web3 & Crypto Investments: 71 Startups in Its Portfolio (2026)

> The 71 Web3 & Crypto startups Polychain has backed, by stage: $8.3B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/polychain-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Pre-seed and seed

29

- [Drift](https://millionrounds.com/company/drift)
- [*T* Terra](https://millionrounds.com/company/terra)
- [Evmos](https://millionrounds.com/company/evmos)
- [Satori](https://millionrounds.com/company/satori)
- [Shipyard Software](https://millionrounds.com/company/shipyard-software)
- [Structure](https://millionrounds.com/company/structure)
- [*O* Orca](https://millionrounds.com/company/orca)
- [Pi Squared](https://millionrounds.com/company/pi-squared)
- [Cysic](https://millionrounds.com/company/cysic)
- [Perennial Labs](https://millionrounds.com/company/perennial-labs)
- [Lombard](https://millionrounds.com/company/lombard)
- [Fluent Labs](https://millionrounds.com/company/fluent-labs)
- [Yala](https://millionrounds.com/company/yala)
- [Altonomy](https://millionrounds.com/company/altonomy)
- [*K* KurateDAO](https://millionrounds.com/company/kuratedao)
- [Quasar Labs](https://millionrounds.com/company/quasar-labs)
- [Gasp](https://millionrounds.com/company/gasp)
- [DFX Finance](https://millionrounds.com/company/dfx-finance)
- [MilkyWay](https://millionrounds.com/company/milkyway)
- [*S* Sunscreen](https://millionrounds.com/company/sunscreen)
- [Light Protocol](https://millionrounds.com/company/light-protocol)
- [Vespene Energy](https://millionrounds.com/company/vespene-energy)
- [Enso Finance](https://millionrounds.com/company/enso-finance)
- [Tapio Protocol](https://millionrounds.com/company/tapio-protocol)

+5 more

## Stage not reported

26

- [Polymarket](https://millionrounds.com/company/polymarket)
- [Ava Labs](https://millionrounds.com/company/ava-labs)
- [*GH* Greenlane Holdings](https://millionrounds.com/company/greenlane-holdings)
- [Seismic](https://millionrounds.com/company/seismic)
- [*DF* Dfinity Foundation](https://millionrounds.com/company/dfinity-foundation)
- [EigenLabs](https://millionrounds.com/company/eigenlabs)
- [*OL* Oasis Labs](https://millionrounds.com/company/oasis-labs)
- [Agoric](https://millionrounds.com/company/agoric)
- [Allora Labs](https://millionrounds.com/company/allora-labs)
- [Solend](https://millionrounds.com/company/solend)
- [Spectral](https://millionrounds.com/company/spectral)
- [Badger DAO](https://millionrounds.com/company/badger-dao)
- [CoinList](https://millionrounds.com/company/coinlist)
- [Potion Labs](https://millionrounds.com/company/potion-labs)
- [NuCypher](https://millionrounds.com/company/nucypher)
- [CoinFLEX](https://millionrounds.com/company/coinflex)
- [*FB* Founders Bank](https://millionrounds.com/company/founders-bank)
- [Botanix Labs](https://millionrounds.com/company/botanix-labs)
- [DogeOS](https://millionrounds.com/company/dogeos)
- [Quai Network](https://millionrounds.com/company/quai-network)
- [Bitfinity Network](https://millionrounds.com/company/bitfinity-network)
- [*C* Celo](https://millionrounds.com/company/celo)
- [Sommelier](https://millionrounds.com/company/sommelier)
- [End-Labs](https://millionrounds.com/company/end-labs)

+2 more

## Series A

11

- [DELV](https://millionrounds.com/company/delv)
- [Umee](https://millionrounds.com/company/umee)
- [Monkey Tilt](https://millionrounds.com/company/monkey-tilt)
- [Thesis](https://millionrounds.com/company/thesis)
- [Manta Network](https://millionrounds.com/company/manta-network)
- [P0x Labs](https://millionrounds.com/company/p0x-labs)
- [Thetanuts Finance](https://millionrounds.com/company/thetanuts-finance)
- [AltLayer](https://millionrounds.com/company/altlayer)
- [Token Daily](https://millionrounds.com/company/token-daily)
- [Everclear](https://millionrounds.com/company/everclear)
- [LIQUITY](https://millionrounds.com/company/liquity)

## Series B

3

- [*M* M0](https://millionrounds.com/company/m0)
- [AscendEX](https://millionrounds.com/company/ascendex)
- [*DA* DAWN (Andrena)](https://millionrounds.com/company/dawn-andrena)

## Series C and later

2

- [Coinbase](https://millionrounds.com/company/coinbase)
- [Digital Asset](https://millionrounds.com/company/digital-asset)

## Segment by segment

### Pre-seed and seed

29 startups · $371M raised

- [**Drift**](https://millionrounds.com/company/drift) Australia $100M
- [*T* **Terra**](https://millionrounds.com/company/terra) Singapore $32M
- [**Evmos**](https://millionrounds.com/company/evmos) Evmos is a high-performance Proof-of-Stake blockchain that connects the Ethereum and Cosmos ecosystems. Germany $27M
- [**Satori**](https://millionrounds.com/company/satori) SATORI develop a product called SATORI, an all-in-one next-generation marketing platform include DMP and Marketing Automation. United States $21M
- [**Shipyard Software**](https://millionrounds.com/company/shipyard-software) Shipyard Software is building a fleet of exchanges and DeFi tools to suit every crypto trader. United States $21M
- [**Structure**](https://millionrounds.com/company/structure) Instant, automated cloud deployments. Singapore $20M
- [*O* **Orca**](https://millionrounds.com/company/orca) Orca makes it easier for inside B2B sales reps get noticed by leads. Japan $19M
- [**Pi Squared**](https://millionrounds.com/company/pi-squared) Pi Squared enables trustless remote computing, AI, and interoperable smart contracts for any blockchain or dApp. United States $13M

### Stage not reported

26 startups · $3.9B raised

- [**Polymarket**](https://millionrounds.com/company/polymarket) Polymarket is the largest prediction market platform globally, allowing users to trade shares on the outcomes of real-world events. United States $3.0B
- [**Ava Labs**](https://millionrounds.com/company/ava-labs) Ava Labs is a technology company based in New York City, specializing in blockchain innovation and the development of digital asse United States $230M
- [*GH* **Greenlane Holdings**](https://millionrounds.com/company/greenlane-holdings) United States $110M
- [**Seismic**](https://millionrounds.com/company/seismic) Seismic produces and develops custom garments with flexible electric motors built in that help the wearer with everyday tasks. United States $110M
- [*DF* **Dfinity Foundation**](https://millionrounds.com/company/dfinity-foundation) Switzerland $102M
- [**EigenLabs**](https://millionrounds.com/company/eigenlabs) EigenLabs is a blockchain infrastructure startup that enables the restaking of ETH across various decentralized applications. United States $70M
- [*OL* **Oasis Labs**](https://millionrounds.com/company/oasis-labs) United States $45M
- [**Agoric**](https://millionrounds.com/company/agoric) Agoric is a blockchain product company founded in 2018 and based in San Francisco, California. United States $36M

### Series A

11 startups · $228M raised

- [**DELV**](https://millionrounds.com/company/delv) Advancing the safe adoption of decentralized financial systems by building novel, research-backed, and open-source infrastructure. United States $32M
- [**Umee**](https://millionrounds.com/company/umee) The most programmable, safety-first lending blockchain for Web3 United States $32M
- [**Monkey Tilt**](https://millionrounds.com/company/monkey-tilt) Monkey Tilt is an online gaming platform that focuses on entertainment, combining traditional casino games, sports betting, and so Netherlands $30M
- [**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
- [**Manta Network**](https://millionrounds.com/company/manta-network) Manta Network is building a secure and interoperable future with Zero-Knowledge. United States $25M
- [**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
- [**Thetanuts Finance**](https://millionrounds.com/company/thetanuts-finance) RFQ-powered options protocol building the Theta System for structured products United States $17M
- [**AltLayer**](https://millionrounds.com/company/altlayer) AltLayer, is a blockchain firm. Singapore $14M

### Series B

3 startups · $178M raised

- [*M* **M0**](https://millionrounds.com/company/m0) Switzerland $115M
- [**AscendEX**](https://millionrounds.com/company/ascendex) AscendEX, formerly known as BitMax, is a global digital asset financial platform and cryptocurrency exchange founded in 2018 by a Singapore $50M
- [*DA* **DAWN (Andrena)**](https://millionrounds.com/company/dawn-andrena) - $13M

### Series C and later

2 startups · $3.6B raised

- [**Coinbase**](https://millionrounds.com/company/coinbase) Coinbase is a crypto exchange and wallet platform that allows merchants and consumers to buy, sell, and store digital currencies. United States $3.0B
- [**Digital Asset**](https://millionrounds.com/company/digital-asset) Digital Asset develops ledger technology intended to build distributed, encrypted straight-through processing tools. United States $580M

**How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Polychain 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)

[Portfolio map **Polychain portfolio map** 99 startups · $9.4B](https://millionrounds.com/portfolio-maps/polychain-portfolio-map)[Co-investors **Who invests with Polychain** 93 co-investors](https://millionrounds.com/portfolio-maps/polychain-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)

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