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 75 companies, including Phantom & Galxe.

Which companies has Solana Ventures invested in lately?

Watch Fun & Worm are the latest investments by Solana Ventures.

How many exits has Solana Ventures been involved in?

Solana Ventures' portfolio has seen 5 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 12 countries, it has supported around 75 startups in sectors like Blockchain Technology, FinTech. As of May 2026, Solana Ventures has 2 unicorns under its belt and has witnessed 5 portfolio exits. Most notable companies in its portfolio include Phantom, Galxe and Magic Eden. The program is backed by a team of 1 people who primarily support Seed startups based in United States. Its latest investment was a $8.6M Series A round in Watch Fun on Mar 26, 2026, which also saw participation from CRYPTO and Spartan Group.

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Portfolio Companies

Phantom, Galxe & 73 more

Sectors of Investment

Blockchain Technology, FinTech & 17 more

Stages of Investment

Seed, Series A & 3 more

Locations of Investment

United States, Singapore & 10 more

Unicorn in Portfolio

Magic Eden & Phantom

View Solana Ventures's full profile

Solana Ventures has a portfolio of 75 companies, including 2 unicorns. Their most notable investments are in Parallel and Cymbal.Their portfolio spans across United States, Singapore, United Kingdom and 9 more locations. They have invested in Blockchain Technology, FinTech, High Tech and 16 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: $277M
Employee Count: 361 as on Mar 31, 2026
Investors: Variant Fund, Solana Ventures and 6 Others
Latest Funding Round: Series C, Jan 17, 2025, $*****
Highlight: Editors' Pick

2. Galxe

Web3 credential data network. It provides the infrastructure for community members to curate and contributes digital credentials to the data network. The infrastructure supports curating credentials through multiple data sources.

Key facts about Galxe

Founded Year: 2021
Location: San Mateo (United States)
Stage: Series A
Total Funding till date: $10M
Employee Count: 106 as on Mar 31, 2026
Investors: Draper Dragon, Coinbase and 28 Others
Latest Funding Round: ICO, Feb 24, 2022, $*****
Highlight: Editors' Pick

3. 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: 133 as on Mar 31, 2026
Investors: Foundation Capital, Greylock Partners and 24 Others
Latest Funding Round: Series B, Jun 21, 2022, $*****
Highlight: Editors' Pick

4. 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: 311 as on Mar 31, 2026
Investors: Sozo Ventures, Script Capital and 34 Others
Latest Funding Round: Series C, Nov 07, 2025, $*****
Highlight: Editors' Pick

5. Dynamic

Wallet based authentication platform. Customizable solutions with wallet compatibility, wallet blocking, custom information collection, allow and block list, user management, and NFT based access. Provides multi chain interaction and more from the developer demo environment.

Key facts about Dynamic

Founded Year: 2014
Location: Miami (United States)
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $43.3M
Employee Count: 280 as on Mar 31, 2026
Investors: Breyer Capital, at.inc and 14 Others
Latest Funding Round: Series A, Dec 13, 2023, $*****
Highlight: Acquired

View the full list of portfolio companies

Solana Ventures has invested in 75 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 Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Watch Fun and most recent follow-on round was in Arcade.

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

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	5	0	5
2024	9	1	10
2023	4	1	5
2022	49	1	50
2021	6	0	6

View all investments by Solana Ventures

Solana Ventures has made 52 investments in Seed stage with an average round size of $6.51M, 18 investments in Series A stage with an average round size of $11M, 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	52
Series A	18
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, FinTech, Blockchain - Industry Applications, High Tech and Consumer. Notably, it has invested in 67 Tech companies, 54 Blockchain companies, 51 Consumer (B2C) companies and at least 34 companies focusing on Enterprise (B2B).

Here are Solana Ventures' investments by sector:

Sector	No. of Investments
Blockchain Technology	51
FinTech	48
Blockchain - Industry Applications	47
High Tech	45
Consumer	14
Others	49

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	10

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

View all investments by Solana Ventures

Solana Ventures has made 1 investments in 2026 so far - Watch Fun.

Here are the most recent investments by Solana Ventures:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 26, 2026	Watch Fun	Comoros	Series A	7550	CRYPTO [+6]
Dec 17, 2025	Worm	United States	Seed	8220	6MV [+3]
Sep 22, 2025	Circuit and Chisel	-	Seed	8934	Primary Venture Partner [+10]
Aug 09, 2025	Hylo	United States	Seed	9400	Robvc [+5]
Feb 14, 2025	FrodoBots	United States	Series A	4705	Big Brain Holdings [+7]

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
69	Magic Eden	Online marketplace for non-fungible tokens	2021	FinTech [+3]	San Francisco	Series B	zvbbole
78	Phantom	Provider of a self-custodial cryptocurrency wallet with multi-chain support	2021	FinTech [+2]	San Francisco	Series C	pgwjgkh

View more details about unicorns in Solana Ventures' portfolio

5 companies from Solana Ventures' portfolio have been acquired. The most recent acquisition was Magna in Feb 2026 by Payward 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
Magna	Feb 18, 2026	Sep 15, 2022	Seed	7286
Dynamic	Oct 23, 2025	Jun 28, 2022	Seed	1058
Meso	Aug 15, 2025	Feb 20, 2024	Seed	2760
Spindl	Jan 31, 2025	Oct 19, 2022	Series A	3700
Solscan	Jan 03, 2024	Dec 21, 2021	Seed	6981

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, 548 investors have co-invested in Solana Ventures's portfolio companies. This includes funds and angels.

Invested before Solana Ventures: Solana Capital, Andreessen Horowitz and 61 others have invested in rounds before Solana Ventures. There are 2 companies where Solana Capital has invested before Solana Ventures and 1 company where Andreessen Horowitz has invested before Solana Ventures.
Top Co-investors of Solana Ventures: 431 investors entered a company along with Solana Ventures. These include investors like Multicoin Capital (16 companies).
Invested after Solana Ventures: A total of 54 investors have invested in Solana Ventures's portfolio after their investments. Top Investors include Coinbase (2 companies) and Sequoia Capital (1 company).