When was Tykhe Ventures founded?

Tykhe Ventures was founded in 2021.

Where is Tykhe Ventures' headquarters located?

Tykhe Ventures' headquarters is located in Bilbao (Spain).

How big is Tykhe Ventures' investment team?

Tykhe Ventures has a team of 8, including 4 partners.

How many companies has Tykhe Ventures invested in?

Tykhe Ventures has invested in 51 companies, including Urban Company & Shadowfax.

Which companies has Tykhe Ventures invested in lately?

OpenBox AI & Zynk are the latest investments by Tykhe Ventures.

How many exits has Tykhe Ventures been involved in?

Tykhe Ventures' portfolio has seen 4 IPOs and 5 acquisitions.

How many unicorns are there in Tykhe Ventures' portfolio?

There are 2 unicorns in Tykhe Ventures' portfolio.

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

Tykhe Ventures, an accelerator and incubator program founded in 2021, is based in Bilbao, Spain. With a presence in 15 countries, it has supported around 51 startups in sectors like High Tech, Blockchain Technology. As of Sep 2026, Tykhe Ventures has 2 unicorns under its belt and has witnessed 9 portfolio exits. Most notable companies in its portfolio include Urban Company, Shadowfax and Ripple. The program is backed by a team of 8 people who primarily support Seed startups based in United States. Its latest investment was a $5M Seed round in OpenBox AI on Mar 31, 2026.

Key Metrics

Founded Year

2021

Location

Bilbao, Spain

Portfolio Companies

Urban Company, Shadowfax & 49 more

Sectors of Investment

High Tech, Blockchain Technology & 18 more

Stages of Investment

Seed, Series A & 1 more

Locations of Investment

United States, India & 13 more

Unicorn in Portfolio

CoinSwitch & Cabify

View Tykhe Ventures's full profile

Tykhe Ventures has a portfolio of 51 companies, including 2 unicorns. Their most notable investments are in nftperp and Asigna.Their portfolio spans across United States, India, United Kingdom and 12 more locations. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 17 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Tykhe Ventures:

1. Urban Company

Provider of home maintenance repair and personal care service professionals. This business facilitates the booking of technicians for appliance repair, plumbing, electrical work, and cleaning tasks. It also connects individuals with practitioners for salon, spa, and grooming treatments performed at residential addresses. The service model coordinates scheduling for various household maintenance and wellness requirements.

Key facts about Urban Company

Founded Year: 2014
Location: Gurugram (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
Stage: Public
Total Funding till date: $376M
Employee Count: 2,111 as on Mar 31, 2026
Investors: ABG Capital, Accel and 50 Others
Latest Funding Round: Angel, Jun 29, 2022, $*****
Highlight: Public

2. Shadowfax

Logistics solutions for express deliveries. It offers services, including same-day delivery, next-day delivery, and instant delivery. It provides solutions for e-commerce, D2C businesses, SMEs, and personal courier needs. It also offers technology-driven tools for route optimization and fraud detection. It also provides intercity parcel delivery, reverse logistics, same-day and next-day delivery options, and fulfillment services.

Key facts about Shadowfax

Founded Year: 2015
Location: Bengaluru (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
Stage: Public
Total Funding till date: $247M
Employee Count: 3,545 as on Mar 31, 2025
Investors: Qualcomm Ventures, Innoven Capital and 32 Others
Latest Funding Round: Series F, Jan 28, 2025, $*****
Highlight: Public

3. Ripple

Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody. The company offers payments, custody, and stablecoin solutions. These solutions enable the integration of blockchain and digital assets. The company aims to provide a simple, secure, and compliant way to modernize financial infrastructure.

Key facts about Ripple

Founded Year: 2012
Location: San Francisco (United States)
Valuation: $*****
Stage: Series D
Total Funding till date: $853M
Employee Count: 2,102 as on Apr 30, 2026
Investors: 2020 Ventures, 27th Street Capital and 104 Others
Latest Funding Round: Conventional Debt, Aug 18, 2026, $*****
Highlight: Editors' Pick

4. Solana

Developer of enterprise infrastructure for issuing assets and digital payments. This platform provides application programming interfaces and tools for tokenization, payment orchestration, and financial transaction settlement. It supports the creation of stablecoins and real-world assets, enabling institutions to facilitate cross-border money transfers and compliant on-chain financial operations. The technology stack includes resources for building decentralized applications, managing network data, and integrating automated agent workflows for various commercial use cases.

Key facts about Solana

Founded Year: 2010
Location: San Francisco (United States)
Stage: Series C
Total Funding till date: $374M
Employee Count: 252 as on Mar 31, 2026
Investors: World Capital Holdings Group, RAA Capital and 95 Others
Latest Funding Round: Series C, Jun 09, 2021, $*****
Highlight: Editors' Pick

5. Fyle

Provider of expense management software automating receipt tracking and reconciliation. The software offers features such as real-time receipt submission, expense tracking, and automated approvals. It provides tools for budget configuration, reporting, and spend control. The platform integrates with accounting software, streamlining expense data synchronization. It offers a mobile application for expense management on the go.

Key facts about Fyle

Founded Year: 2016
Location: Newark (United States)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $15.4M
Employee Count: 143 as on Jul 31, 2025
Investors: ABG Capital, Steadview and 24 Others
Latest Funding Round: Series A, Oct 21, 2022, $*****
Highlight: Acquired

View the full list of portfolio companies

Tykhe Ventures has invested in 51 companies over the last 4 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in OpenBox AI.

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

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	4	0	4
2024	6	0	6
2023	3	0	3
2022	5	0	5

View all investments by Tykhe Ventures

Tykhe Ventures has made 14 investments in Seed stage with an average round size of $4.24M, 4 investments in Series A stage with an average round size of $6.52M and 1 investment in Series B stage with an average round size of $21M.

Here are Tykhe Ventures' investments by stage:

Stage of entry	No. of Investments
Seed	14
Series A	4
Series B	1

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

View all investments by Tykhe Ventures

Tykhe Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Enterprise Applications and Blockchain - Industry Applications. Notably, it has invested in 49 Tech companies, 38 Enterprise (B2B) companies, 26 Blockchain companies and at least 24 companies focusing on Software.

Here are Tykhe Ventures' investments by sector:

Sector	No. of Investments
Blockchain Technology	14
High Tech	14
FinTech	10
Enterprise Applications	6
Blockchain - Industry Applications	5
Others	12

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

View all investments by Tykhe Ventures

Tykhe Ventures has made most investments in United States (5), followed by India where it has made 4 investments.

Here are Tykhe Ventures' investments by geography:

Country	No. of Investments
United States	5
India	4
United Arab Emirates	2
United Kingdom	2
Bulgaria	1
Others	4

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

View all investments by Tykhe Ventures

Tykhe Ventures has made 1 investments in 2026 so far - OpenBox AI.

Here are the most recent investments by Tykhe Ventures:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 31, 2026	OpenBox AI	United States	Seed	4730	-
Nov 04, 2025	Zynk	India	Seed	5069	Hivemind Capital [+5]
Aug 21, 2025	Irys	United Kingdom	Series A	9110	CoinFund [+5]
May 27, 2025	Asigna	United States	Seed	7870	Hivemind Capital [+2]
Apr 29, 2025	Ika	-	Series B	9872	Sui Foundation [+30]

See more recent investments made by Tykhe Ventures

Tykhe Ventures has 2 unicorns in its portfolio - CoinSwitch and Cabify. The most recent unicorn in their portfolio is CoinSwitch. It became a unicorn in 2021, 4 years before Tykhe Ventures first invested in it.

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

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
76	CoinSwitch	Broker-based online crypto trading and exchange platform	2017	Blockchain Technology [+1]	Chennai	Series C	gedyogn
71	Cabify	Provider of ride-hailing, taxi, and delivery services via a mobile application	2011	Consumer [+4]	Madrid	Series E	cquspdp

View more details about unicorns in Tykhe Ventures' portfolio

4 of Tykhe Ventures' portfolio companies have become public. Shadowfax got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Jan 2026 at marketcap of $782M and Urban Company got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $1.69B.

Here are Tykhe Ventures' portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Shadowfax	Jan 28, 2026	-	-	4947
Urban Company	Sep 17, 2025	-	-	7018
Eternal	Jul 23, 2021	-	-	3357
Zebra	Aug 15, 1991	-	-	4164

View more details about public companies in Tykhe Ventures' portfolio

5 companies from Tykhe Ventures' portfolio have been acquired. The most recent acquisition was NextBillion AI in Sep 2025 by Velocitor Solutions for $*****.

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

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
NextBillion AI	Sep 30, 2025	-	-	9204
Fyle	Aug 04, 2025	-	-	2787
Chainlink	Sep 12, 2021	-	-	3898
Cnvrg	Nov 04, 2020	-	-	4559
JUMP Bikes	Apr 09, 2018	-	-	1805

View all acquired companies in Tykhe Ventures' portfolio

Tykhe Ventures has a team of 8 members including 4 Partners, 1 Venture Partner and 2 Principals located in India and United Arab Emirates. Tykhe Ventures' team sits on the board of 1 company.

Here is a list of all team members in Tykhe Ventures:

Name	Designation	Location	Board Memberships	Contact Details
Prashant Malik	Partner	Dubai	BangDB	1 Email
Tanuj Moorjani	Partner	Gurugram	-	-
Ganesh Kompella	Partner	Dubai	-	1 Email
Abhineet Sonkar	Partner	Gurugram	-	1 Email
Rahul Dalmia	Venture Partner	Dubai	-	-
Sanchit Arora	Principal	-	-	1 Email
Sampath kumar Ainala	Principal	-	-	-

View team details of Tykhe Ventures

Over the past 4 years, 218 investors have co-invested in Tykhe Ventures's portfolio companies. This includes funds and angels.

Invested before Tykhe Ventures: Hypersphere Ventures, Genblock Capital and 46 others have invested in rounds before Tykhe Ventures. There are 2 companies where Hypersphere Ventures has invested before Tykhe Ventures and 1 company where Genblock Capital has invested before Tykhe Ventures.
Top Co-investors of Tykhe Ventures: 162 investors entered a company along with Tykhe Ventures. These include investors like Node Capital (4 companies).
Invested after Tykhe Ventures: A total of 8 investors have invested in Tykhe Ventures's portfolio after their investments. Top Investors include CoinSwitch (2 companies) and Cypher Capital (2 companies).