# Valor Equity Partners' Web3 & Crypto Investments: 10 Startups in Its Portfolio (2026) > The 10 Web3 & Crypto startups Valor Equity Partners has backed, by stage: $363M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/valor-equity-partners-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 6 - [Xage Security](https://millionrounds.com/company/xage-security) - [River](https://millionrounds.com/company/river) - [Coincover](https://millionrounds.com/company/coincover) - [BitGo](https://millionrounds.com/company/bitgo) - [21.co](https://millionrounds.com/company/21-co) - [Botanix Labs](https://millionrounds.com/company/botanix-labs) ## Pre-seed and seed 2 - [Project Venkman](https://millionrounds.com/company/project-venkman) - [Kingdom Raids](https://millionrounds.com/company/kingdom-raids) ## Series B 2 - [Lightning Labs](https://millionrounds.com/company/lightning-labs) - [Unchained](https://millionrounds.com/company/unchained) ## Segment by segment ### Stage not reported 6 startups · $227M raised - [**Xage Security**](https://millionrounds.com/company/xage-security) Xage is a global leader in zero trust access and protection United States $79M - [**River**](https://millionrounds.com/company/river) River is an electric vehicle startup building multi-utility scooters. United States $47M - [**Coincover**](https://millionrounds.com/company/coincover) CoinCover is a UK-based digital asset security and risk management company founded in May 2018 in Cardiff, Wales. United Kingdom $39M - [**BitGo**](https://millionrounds.com/company/bitgo) BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing an United States $28M - [**21.co**](https://millionrounds.com/company/21-co) 21.co is a Swiss-based holding company founded in 2018, recognized as a leader in providing access to cryptocurrency through regul Switzerland $25M - [**Botanix Labs**](https://millionrounds.com/company/botanix-labs) Botanix Labs is a fully Ethereum-equivalent second-layer virtual machine built on top of Bitcoin. United States $8.5M ### Pre-seed and seed 2 startups · $5.8M raised - [**Project Venkman**](https://millionrounds.com/company/project-venkman) Project Venkman is a Web3 loyalty company and NFT production studio based in Austin, Texas, founded in 2021. United States $5.0M - [**Kingdom Raids**](https://millionrounds.com/company/kingdom-raids) Software company specialist with the main focus on Game Development United States $750K ### Series B 2 startups · $130M raised - [**Lightning Labs**](https://millionrounds.com/company/lightning-labs) Lightning Labs is a private technology company focused on enhancing the Bitcoin ecosystem through the Lightning Network, a second- United States $70M - [**Unchained**](https://millionrounds.com/company/unchained) unCHAINed's Digital Identity and Resource Allocation System empowers refugees with self sovereignty & makes aid distribution more efficient. United States $60M **How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Valor Equity Partners 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) [Sector portfolio **Valor Equity Partners' AI portfolio** 48 startups · $104B](https://millionrounds.com/portfolio-maps/valor-equity-partners-ai-portfolio)[Co-investors **Who invests with Valor Equity Partners** 203 co-investors](https://millionrounds.com/portfolio-maps/valor-equity-partners-co-investors)[Portfolio map **Valor Equity Partners portfolio map** 115 startups · $130B](https://millionrounds.com/portfolio-maps/valor-equity-partners-portfolio-map)[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) ## Raising from investors like Valor Equity Partners? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)