When was Solana Ventures founded?

Solana Ventures was founded in 2021.

Where is Solana Ventures' headquarters located?

Solana Ventures' headquarters is located in San Francisco (United States).

How many companies has Solana Ventures invested in?

Solana Ventures has invested in 79 companies, including Phantom & Doppel.

Which companies has Solana Ventures invested in lately?

Exponent & Squads Labs are the latest investments by Solana Ventures.

How many exits has Solana Ventures been involved in?

Solana Ventures' portfolio has seen 6 acquisitions.

How many unicorns are there in Solana Ventures' portfolio?

There are 2 unicorns in Solana Ventures' portfolio.

Solana Ventures - 2026 Investor Profile, Portfolio, Team & Investment Trends

Solana Ventures, an accelerator and incubator program founded in 2021, is based in San Francisco, United States. With a presence in 15 countries, it has supported around 79 startups in sectors like Blockchain Technology, High Tech. As of Oct 2026, Solana Ventures has 2 unicorns under its belt and has witnessed 6 portfolio exits. Most notable companies in its portfolio include Phantom, Doppel and Dynamic. The program is backed by a team of 1 people who primarily support Seed startups based in United States. Its latest investment was a $5M Seed round in Exponent on Apr 30, 2026, which also saw participation from Multicoin Capital and RockawayX.

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Portfolio Companies

Phantom, Doppel & 77 more

Sectors of Investment

Blockchain Technology, High Tech & 15 more

Stages of Investment

Seed, Series A & 3 more

Locations of Investment

United States, Singapore & 13 more

Unicorn in Portfolio

Magic Eden & Phantom

View Solana Ventures's full profile

Solana Ventures has a portfolio of 79 companies, including 2 unicorns. Their most notable investments are in Cymbal and Parallel.Their portfolio spans across United States, Singapore, United Kingdom and 12 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 14 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Solana Ventures:

1. Phantom

Provider of a self-custodial cryptocurrency wallet with multi-chain support. The wallet allows users to manage and showcase NFTs, swap tokens, stake tokens, and earn rewards. It offers tools for managing NFTs, including pinning, hiding, burning, and listing. The wallet incorporates scam detection and supports ledger integration for enhanced security. It does not require personal information such as name, email, or phone number.

Key facts about Phantom

Founded Year: 2021
Location: San Francisco (United States)
Valuation: $*****
Stage: Series C
Total Funding till date: $268M
Employee Count: 375 as on May 31, 2026
Investors: Lightspeed Venture Partners, Paradigm and 7 Others
Latest Funding Round: Series C, 2025, $*****
Highlight: Editors' Pick

2. Doppel

Provider of AI-native information defense platform. It is a digital risk protection platform. It protects brands against phishing, account takeovers, and other digital threats. It offers solutions such as anti phishing, vip protection, threat intel, anti piracy, anti counterfeiting, and more.

Key facts about Doppel

Founded Year: 2022
Location: Covina (United States)
Valuation: $*****
Stage: Series C
Total Funding till date: $129M
Employee Count: 401 as on Sep 30, 2026
Investors: 9yards Capital, Sozo Ventures and 35 Others
Latest Funding Round: Series C, Nov 07, 2025, $*****
Highlight: Editors' Pick

3. Dynamic

Developer of software development kits for digital wallet infrastructure management. The platform provides authentication, embedded wallets, and multi-chain key management tools for application integration. It facilitates user login, transaction signing, and account recovery across various blockchain networks. The infrastructure includes features for account abstraction, fraud protection, and on-ramp support to handle transactions without complex user interventions. Developers utilize these tools to enable social logins and unify digital identities within their applications.

Key facts about Dynamic

Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $43.3M
Employee Count: 327 as on Sep 30, 2026
Investors: First Round Capital, Breyer Capital and 14 Others
Latest Funding Round: Series A, Dec 13, 2023, $*****
Highlight: Acquired

4. Magic Eden

Online marketplace for non-fungible tokens. It enables users to buy and sell NFT including digital arts, sports contests, events, digital games, and more. It also offers NFT creation, collection, and earns rewards for users.

Key facts about Magic Eden

Founded Year: 2021
Location: San Francisco (United States)
Valuation: $*****
Stage: Series B
Total Funding till date: $157M
Employee Count: 125 as on Aug 31, 2026
Investors: Foundation Capital, RAA Capital and 25 Others
Latest Funding Round: Series B, Jun 21, 2022, $*****
Highlight: Editors' Pick

5. Zebec

Platform for payments and financial transactions for cryptocurrency. It allows users to swap, stake, farm yields, and more. Employees can use personalised metal debit cards to convert real-time liquidity to fiat cash.

Key facts about Zebec

Founded Year: 2021
Location: San Francisco (United States)
Valuation: $*****
Stage: Series A
Total Funding till date: $29.5M
Employee Count: 23 as on Aug 31, 2026
Investors: Republic Capital, Global Founders Capital and 34 Others
Latest Funding Round: Series A, Aug 26, 2022, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Solana Ventures has invested in 79 companies over the last 5 years, with an average of 15 new investments annually in the last 5 years. In 2025, it made 5 investments, while as of Apr 2026, it has made 3 investments in this year. Its most recent first time investment was in Exponent and most recent follow-on round was in Squads Labs.

Here are Solana Ventures' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	2	1	3
2025	5	0	5
2024	9	1	10
2023	5	1	6
2022	50	1	51
2021	6	0	6

View all investments by Solana Ventures

Solana Ventures has made 54 investments in Seed stage with an average round size of $6.4M, 19 investments in Series A stage with an average round size of $10.8M, 2 investments in Series B stage with an average round size of $63.8M, 1 investment in Series C stage with an average round size of $46M and 1 investment in Unattributed stage with an average round size of $6M.

Here are Solana Ventures' investments by stage:

Stage of entry	No. of Investments
Seed	54
Series A	19
Series B	2
Series C	1
Unattributed	1

Note: We have considered here, only first round of investments

View all investments by Solana Ventures

Solana Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, Blockchain - Industry Applications, FinTech, High Tech and Consumer. Notably, it has invested in 72 Tech companies, 58 Blockchain companies, 55 Consumer (B2C) companies and at least 35 companies focusing on Enterprise (B2B).

Here are Solana Ventures' investments by sector:

Sector	No. of Investments
Blockchain Technology	56
Blockchain - Industry Applications	51
FinTech	50
High Tech	49
Consumer	15
Others	52

Note: We have considered here, only first round of investments

View all investments by Solana Ventures

Solana Ventures has made most investments in United States (50), followed by Singapore where it has made 4 investments.

Here are Solana Ventures' investments by geography:

Country	No. of Investments
United States	50
Singapore	4
Australia	2
Canada	2
Somalia	2
Others	12

Note: We have considered here, only first round of investments

View all investments by Solana Ventures

Solana Ventures has made 3 investments in 2026 so far. Exponent and Squads Labs are the latest among them.

Here are the most recent investments by Solana Ventures:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Apr 30, 2026	Exponent	United States	Seed	2432	Multicoin Capital [+4]
Apr 29, 2026	Squads Labs	British Virgin Islands	Series B	1601	Coinbase [+7]
Mar 26, 2026	Watch Fun	Comoros	Series A	6311	CRYPTO [+6]
Dec 17, 2025	Worm	United States	Seed	2713	6MV [+3]
Sep 22, 2025	Circuit and Chisel	-	Seed	6307	Primary Venture Partner [+10]

See more recent investments made by Solana Ventures

Solana Ventures has 2 unicorns in its portfolio - Magic Eden and Phantom. The most recent unicorn in their portfolio is Magic Eden. It became a unicorn in 2022.

Here is a list of unicorns in Solana Ventures' portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
65	Magic Eden	Online marketplace for non-fungible tokens	2021	FinTech [+3]	San Francisco	Series B	ociahgp
77	Phantom	Provider of a self-custodial cryptocurrency wallet with multi-chain support	2021	FinTech [+2]	San Francisco	Series C	iqklasz

View more details about unicorns in Solana Ventures' portfolio

6 companies from Solana Ventures' portfolio have been acquired. The most recent acquisition was Light Protocol in Jun 2026 by Helius for $*****.

Here are Solana Ventures' portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Light Protocol	Jun 10, 2026	Oct 17, 2022	Seed	5885
Magna	Feb 18, 2026	Sep 15, 2022	Seed	7047
Dynamic	Oct 23, 2025	Jun 28, 2022	Seed	4916
Meso	Aug 15, 2025	Feb 20, 2024	Seed	5652
Spindl	Jan 31, 2025	Oct 19, 2022	Series A	2586

View all acquired companies in Solana Ventures' portfolio

Solana Ventures has a team of 1 member. Solana Ventures' team does not sit on the board of any company as of now.

View team details of Solana Ventures

Over the past 5 years, 562 investors have co-invested in Solana Ventures's portfolio companies. This includes funds and angels.

Invested before Solana Ventures: Solana Capital, Collab+Currency and 69 others have invested in rounds before Solana Ventures. There are 3 companies where Solana Capital has invested before Solana Ventures and 2 companies where Collab+Currency has invested before Solana Ventures.
Top Co-investors of Solana Ventures: 435 investors entered a company along with Solana Ventures. These include investors like Multicoin Capital (17 companies).
Invested after Solana Ventures: A total of 56 investors have invested in Solana Ventures's portfolio after their investments. Top Investors include Coinbase (3 companies) and Lightspeed Venture Partners (2 companies).