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Platinum Capital

North America, California, United States, Palo Alto

Description

Platinum Fund, based in Palo Alto, California, operates as a distinctive decentralized venture fund with a notable seven-year history in the early-stage investment landscape. Unlike traditional venture capital firms, Platinum Fund emphasizes a community-driven model, aiming to provide a platform for its community members to actively participate in venture capital opportunities, particularly within the burgeoning Web3 ecosystem. This unique structure allows for a collaborative approach to identifying and supporting promising startups.

The fund's investment thesis is sharply focused on the frontier of decentralized technologies. Platinum Fund primarily targets early-stage projects across key sectors such as Decentralized Finance (DeFi), GameFi, and the Metaverse. Their portfolio reflects a strategic commitment to foundational infrastructure and innovative applications within the blockchain space, seeking out ventures that demonstrate strong potential for growth and disruption. They look to provide not just capital but also strategic value, leveraging their network and community to support the development and scaling of their portfolio companies.

Since its inception, Platinum Fund has demonstrated consistent activity, having made over 11 investments in a diverse range of Web3 startups. Notable companies within their portfolio include DeFi Land, a multi-chain gamified DeFi platform, and Solice, a VR metaverse. These investments typically involve participation in seed, private, and strategic funding rounds, indicating their commitment to supporting projects from their foundational stages. The fund's involvement often extends beyond mere capital injection, providing crucial early-stage support and access to a broad network within the decentralized technology community.

While specific check sizes are not publicly disclosed, an analysis of their participation in early-stage rounds suggests that Platinum Fund typically deploys first checks ranging from approximately $100,000 to $750,000. This range allows them to be a meaningful participant in seed and private rounds for promising Web3 ventures, aligning with their strategy of fostering growth in the decentralized economy. Their unique model and focused investment strategy position Platinum Fund as a key player in the evolving landscape of Web3 venture capital.

Investor Profile

Platinum Capital has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Initial Coin Offering rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Israel.
  • Strong thematic focus on Cryptocurrency, Blockchain, Decentralized Finance (DeFi).
  • Typical check size: $100K – $750K.

Stage Focus

  • Seed (50%)
  • Series A (15%)
  • Initial Coin Offering (15%)
  • Series D (10%)
  • Angel (5%)
  • Series Unknown (5%)

Country Focus

  • United States (60%)
  • Singapore (15%)
  • Israel (5%)
  • Estonia (5%)
  • Japan (5%)
  • Switzerland (5%)
  • Australia (5%)

Industry Focus

  • Cryptocurrency
  • Blockchain
  • Decentralized Finance (Defi)
  • Fintech
  • Financial Services
  • Internet
  • Web3
  • Bitcoin
  • Ethereum
  • Finance
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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 Platinum Capital frequently co-invest with?

Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 4
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 4
Corner Capital Management
North America, California, United States, Palo Alto
Co-Investments: 2
Chapter One Ventures
North America, California, United States, Santa Monica
Co-Investments: 2
Abstract Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Polychain
North America, California, United States, San Francisco
Co-Investments: 3
Kindred Ventures
North America, California, United States, San Francisco
Co-Investments: 2
True Capital Management
North America, California, United States, San Francisco
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 3
Multicoin Capital
North America, Texas, United States, Austin
Co-Investments: 2

Which angels does Platinum Capital often collaborate with?

CG
North America, California, United States, San Francisco
Shared Deals: 1
David King
North America, Georgia, United States, Atlanta
Shared Deals: 1
JH
North America, California, United States, Palo Alto
Shared Deals: 1
BA
North America, California, United States, San Francisco
Shared Deals: 1
AM
North America, New York, United States, New York
Shared Deals: 1
SB
North America, New York, United States, New York
Shared Deals: 1
FE
North America, California, United States, San Francisco
Shared Deals: 1
SB
North America, California, United States, San Francisco
Shared Deals: 1
AG
North America, California, United States, Stanford
Shared Deals: 1
EG
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Platinum Capital?

Aptos

Palo Alto, California, United States

Aptos is a Web3 startup that builds a scalable layer 1 blockchain.

BlockchainFinTechInformation TechnologyNon-Fungible Token (NFT)Web3
SeedMar 15, 2022
Amount Raised: $200,000,000
ConsenSys

Brooklyn, New York, United States

ConsenSys builds Ethereum blockchain infrastructure and applications ranging from developer tools to enterprise solutions.

ConsultingDecentralized Finance (DeFi)Financial ExchangesHealth CareIndustrial DesignNon-Fungible Token (NFT)Web3
Series DFeb 15, 2022
Amount Raised: $450,000,000
Sidus Heroes

Sydney, New South Wales, Australia

Sidus Heroes is a developer of browser gaming metaverse.

BlockchainCryptocurrencyGamingMetaverseNon-Fungible Token (NFT)Online GamesWeb3
SeedFeb 4, 2022
Amount Raised: $21,000,000
Spaceswap

Tallin, Harjumaa, Estonia

Spaceswap is a financial platform that provides shadow staking, yield farming, blockchain bridging, and crowdfunding services.

BlockchainCrowdfundingCryptocurrencyFinancial Services
Initial Coin OfferingDec 15, 2021
Cheesus

Mountain View, California, United States

CHEESUS is a multi-chain, DEXs, tokens and pools, NFT projects, collectors and traders, analyzer helping take data-driven decisions.

AnalyticsBlockchainCryptocurrencyMetaverse
AngelNov 1, 2021
Amount Raised: $5,000,000
PancakeSwap

Unoshima, Fukuoka, Japan

PancakeSwap is the largest decentralized app (dApp) that allows users to trade and swap decentralized finance (DeFi) tokens.

BitcoinBlockchainCryptocurrencyDecentralized Finance (DeFi)FinanceTrading Platform
SeedJul 2, 2021
Amount Raised: $4,000,000
RabbitHole

Venice, California, United States

Earn crypto by using the latest crypto applications.

CryptocurrencyFinTechSoftwareWeb3
SeedJun 24, 2021
Amount Raised: $3,600,000
Certora

Tel Aviv, Tel Aviv, Israel

Certora provides unique technology for guaranteeing code correctness and security

BlockchainQuality AssuranceSecurity
Series AMay 21, 2021
Amount Raised: $7,200,000
0x

San Francisco, California, United States

0x is an open protocol that enables peer-to-peer trading of assets.

BlockchainCryptocurrencyDecentralized Finance (DeFi)Ethereum
Series AFeb 5, 2021
Amount Raised: $14,999,960
Autofarm

Singapore, Central Region, Singapore

Autofarm is a cross-chain yield aggregator that enables users to get the return on their assets from yield farming pools.

BlockchainCryptocurrency
Series UnknownJan 15, 2021