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Block Ventures

North America, California, United States, Los Angeles

Description

Block Ventures is a Los Angeles-based venture capital firm with a specialized focus on disruptive blockchain technology companies. Established to capitalize on the transformative potential of decentralized technologies, the firm actively seeks out innovative startups across various blockchain sub-sectors, including Web3 infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), and metaverse applications. Their investment strategy is rooted in identifying early-stage ventures that are poised to redefine industries through novel applications of blockchain, emphasizing innovation and long-term impact.

The firm primarily targets companies in their Seed and Series A funding rounds, demonstrating a commitment to nurturing nascent projects from their foundational stages. Block Ventures typically deploys initial checks ranging from $500,000 to $3,000,000, with the flexibility to participate in larger follow-on rounds as portfolio companies achieve significant milestones. Since its inception around 2017, Block Ventures has strategically invested in a diverse portfolio, supporting over 20 companies that are pushing the boundaries of blockchain innovation across various applications.

Block Ventures emphasizes a hands-on approach, providing not only capital but also strategic guidance and access to a robust network within the blockchain ecosystem. Their geographic focus remains primarily within the United States, particularly leveraging the vibrant tech landscape of Southern California, though they are open to compelling opportunities globally. The firm seeks founders with strong technical expertise and a clear vision for how their blockchain solutions can solve real-world problems or create new digital economies. They are particularly keen on projects demonstrating strong product-market fit and scalable business models in the rapidly evolving decentralized space.

Investor Profile

Block Ventures has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Initial Coin Offering, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Switzerland.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (55%)
  • Initial Coin Offering (20%)
  • Series Unknown (20%)
  • Secondary Market (5%)

Country Focus

  • United States (45%)
  • Singapore (30%)
  • Switzerland (10%)
  • Liechtenstein (5%)
  • Australia (5%)
  • China (5%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Fintech
  • Bitcoin
  • Payments
  • Information Technology
  • Internet
  • Software
  • Decentralized Finance (Defi)
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Block Ventures frequently co-invest with?

Nirvana Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
Hashed
North America, California, United States, San Francisco
Co-Investments: 2
Genesis One Capital
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 1
Placeholder
North America, New York, United States, New York
Co-Investments: 2
Fabric Ventures
Europe, England, United Kingdom, London
Co-Investments: 1
Polychain
North America, California, United States, San Francisco
Co-Investments: 1
Inflection.xyz
North America, Massachusetts, United States, Boston
Co-Investments: 2
8 Decimal Capital
North America, California, United States, San Francisco
Co-Investments: 2
AlphaCoin Fund
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 2
Continue Capital
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Block Ventures often collaborate with?

Jun Hasegawa
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
AK
North America, California, United States, Los Angeles
Shared Deals: 3
GB
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
David LEE Kuo Chuen
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
Lon Wong
Asia, Malaysia
Shared Deals: 1

What are some of recent deals done by Block Ventures?

PlatoFarm

San Francisco, California, United States

Plato Farm is an NFT game that supports HRC-721 and ERC-1155 protocols.

BlockchainGaming
SeedDec 7, 2021
Amount Raised: $1,800,000
Kyber Network

Singapore, Central Region, Singapore

KyberNetwork is a new system which allows the exchange and conversion of digital assets.

CryptocurrencyDecentralized Finance (DeFi)FinanceFinTechPayments
Series UnknownJan 10, 2020
Quantstamp

San Francisco, California, United States

Leaders in Blockchain Security

BlockchainCyber SecuritySecurity
SeedMar 6, 2019
Amount Raised: $3,125,000
ICON Foundation

Zug, Zug, Switzerland

ICON is a blockchain protocol for decentralized applications. As an aggregator chain, it achieves interoperability.

SeedJan 1, 2019
POA Network

San Francisco, California, United States

POA Network is the first Ethereum-based public network with Proof of Authority consensus, reached by independent validators.

CryptocurrencyInformation TechnologyInternet
SeedJan 1, 2019
Wanchain

Singapore, Central Region, Singapore

Wanchain is a unique public blockchain with inter-chain transactions and privacy protection.

BlockchainInfrastructureInternet
SeedSep 3, 2018
Metronome

Chicago, Illinois, United States

Metronome is a cryptocurrency that focuses on making greater decentralization possible and delivering institutional-class endurance.

CryptocurrencyDecentralized Finance (DeFi)FinanceFinancial Services
Initial Coin OfferingJun 25, 2018
Amount Raised: $12,110,500
Decred

Chicago, Illinois, United States

Decred is an open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.

BitcoinCryptocurrencyFinancial ServicesFinTech
Series UnknownJun 14, 2018
QuarkChain

Palo Alto, California, United States

QuarkChain is a flexible, scalable, and user-oriented blockchain infrastructure by applying blockchain sharding technology.

SoftwareTransaction Processing
Series UnknownApr 18, 2018
Zcash

Denver, Colorado, United States

Zcash offers payment confidentiality, while still maintaining a decentralized network using a public blockchain.

BitcoinBlockchainCryptocurrencyPaymentsPrivacy
Series UnknownJan 1, 2018