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Protofund

North America, California, United States, Los Angeles

Description

Protofund is an early-stage venture fund investing in blockchain/web3 and consumer products.

Investor Profile

Protofund has made 18 investments, with 1 in the past 12 months and 6% as lead.

Stage Focus

  • Seed (39%)
  • Series A (33%)
  • Pre Seed (22%)
  • Series B (6%)

Country Focus

  • United States (67%)
  • Liechtenstein (6%)
  • United Arab Emirates (6%)
  • Spain (6%)
  • Argentina (6%)
  • Cayman Islands (6%)
  • Vietnam (6%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Finance
  • Fintech
  • Web3
  • Software
  • Information Technology
  • Internet
  • 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 Protofund frequently co-invest with?

Protocol Labs
North America, California, United States, San Francisco
Co-Investments: 2
Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 4
Shima Capital
North America, NA - Puerto Rico, Puerto Rico, San Juan
Co-Investments: 2
GSR
Europe, England, United Kingdom, London
Co-Investments: 2
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 3
Quiet Capital
North America, California, United States, San Francisco
Co-Investments: 3
gumi Cryptos Capital (gCC)
North America, California, United States, San Francisco
Co-Investments: 2
Galaxy Digital
North America, New York, United States, New York
Co-Investments: 3
Karatage
Europe, England, United Kingdom, London
Co-Investments: 2
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 3

Which angels does Protofund often collaborate with?

JS
Europe, Berlin, Germany, Berlin
Shared Deals: 1
AT
North America, California, United States
Shared Deals: 1
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 3
RS
North America, New York, United States, New York
Shared Deals: 1
EW
Europe, Portugal
Shared Deals: 1
ZP
North America, New York, United States, New York
Shared Deals: 1
SA
North America, Nevada, United States, Las Vegas
Shared Deals: 1
Dan Matuszewski
North America, Massachusetts, United States
Shared Deals: 1
RM
North America, California, United States, San Francisco
Shared Deals: 1
Loi Luu
Asia, Singapore
Shared Deals: 1

What are some of recent deals done by Protofund?

Payman AI, Inc

Durango, Colorado, United States

Payman AI, Inc is an access to capital so that you can pay humans for their expertise in completing specialized tasks they need done.

Pre SeedMay 1, 2024
Amount Raised: $3,000,000
Brine.fi

Dubai, Dubai, United Arab Emirates

Gasless | Instant Multi-Chain | Secure Trustless.

BlockchainDeveloper APIs
Series ASep 7, 2023
Amount Raised: $16,500,000
Nestment

San Francisco, California, United States

Nestment is a clear path to co-buying investment property with friends and family.

ConsultingProperty ManagementReal EstateReal Estate Investment
Pre SeedFeb 21, 2023
Amount Raised: $3,500,000
Spice Finance

Berkeley Heights, New Jersey, United States

Spice Finance specializes in the fields of financial services.

CryptocurrencyFinanceFinancial ServicesPersonal Finance
SeedOct 27, 2022
Amount Raised: $1,700,000
Celestia

Vaduz, Vaduz, Liechtenstein

Celestia provides a modular blockchain network to deploy a blockchain without bootstrapping a new consensus network.

BlockchainCryptocurrencyInformation TechnologyLegal Tech
Series AOct 19, 2022
Amount Raised: $55,000,000
Magna

San Francisco, California, United States

Magna develops a token vesting and DeFi investment management platform.

Decentralized Finance (DeFi)FinanceFinancial ServicesFinTechWeb3
SeedSep 15, 2022
Amount Raised: $15,200,000
Mysten Labs

Palo Alto, California, United States

Mysten Labs develops tools that make web3 secure, reliable, and ready for mass adoption.

BlockchainCryptocurrencySoftwareWeb3
Series BSep 8, 2022
Amount Raised: $300,000,000
Nestcoin

Tórtola, Castilla-La Mancha, Spain

Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.

CryptocurrencyInformation TechnologyWeb3
Pre SeedFeb 1, 2022
Amount Raised: $6,450,000
Arcade

New York, New York, United States

Arcade provides an infrastructure layer for NFT liquidity that monetary the fungible assets, non-fungible tokens, or NFTs.

BlockchainCryptocurrencyFinancial ServicesInternetNon-Fungible Token (NFT)
Series ADec 22, 2021
Amount Raised: $15,000,000
Center

Palo Alto, California, United States

Center is an API for NFT metadata.

InternetInternet of ThingsSoftware
Pre SeedDec 21, 2021