About 42Fund
42Fund is a venture capital firm founded in 2015. It is primarily based out of London, United Kingdom. As of Aug 2021, 42Fund has invested in 28 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and FinTech. Most recently it participated in the $***** Seed round of ARterra A lot of funds co-invest with 42Fund, with names like Woodstock sharing a substantial percentage of its portfolio. 42Fund has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
42Fund's List of Top Investments
42Fund has a portfolio of 28 companies. Their most notable investments include Solana and 0x.Their portfolio spans across United States, Singapore, China and 4 more locations. They have invested in High Tech, Blockchain Technology, FinTech and 13 other sectors, across stages such as Seed stage. Here is the list of top investments by 42Fund:
1. Solana
Blockchain-based infrastructure for transactions and counting. It is based on proof of history and stake consensus mechanism. PoH is proof for verifying the order and passage of time between events. The role of PoH in the system is to encode the trustless passage of time into the ledger. Developers can write smart contracts in programming languages supported by LLVM, including Rust and Cuda.
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 94 Others
- Latest Funding Round: Series C, Jun 09, 2021, $*****
- Highlight: Editors' Pick
2. 0x
Open protocol for decentralized P2P exchange of assets. Provides 0x Instant which is a platform for buying crypto assets. Integrates token purchasing into products by offering digital assets ranging from in-game items to stable coins. Offers 0x Launch Kit for developers to launch a market for their project token. Users can create an in-game marketplace for digital items and collectables.
Key facts about 0x
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $86.9M
- Employee Count: 346 as on May 31, 2026
- Investors: Tian Tian Ventures, Working Lab Capital and 42 Others
- Latest Funding Round: Series B, Apr 26, 2022, $*****
- Highlight: Editors' Pick
3. The Graph
Network of tools for indexing and querying blockchain data efficiently. It enables developers to index data from smart contracts and uncovers new data sources to power dApps. Offers data regarding blockchains
Key facts about The Graph
- Founded Year: 2004
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $60M
- Employee Count: 58 as on May 31, 2026
- Investors: Compound, Tiger Global Management and 48 Others
- Latest Funding Round: Series B, Jan 21, 2022, $*****
- Highlight: Editors' Pick
4. Power Ledger
Online platform offering energy trading solutions. It provides a transparent, auditable, and automated market trading and clearing mechanism for the sale of surplus renewable energy generated on-site at multi-unit, multi-tenanted residential, and commercial developments and at homes and businesses connected to microgrids and the distribution network.
Key facts about Power Ledger
- Founded Year: 2016
- Location: Perth (Australia)
- Stage: Seed
- Employee Count: 20 as on May 31, 2026
- Investors: 27th Street Capital, Shell and 17 Others
- Latest Funding Round: Seed, Jun 16, 2022, $*****
Request Network is a decentralized P2P payment network built on top of the Ethereum blockchain. It allows users to send payment requests to their contacts and send/receive money from others. Allows users to create and share invoices and also offers auditing and accounting services. Also, allows developers to build applications on top of Request blockchain.
Key facts about Request Network
- Founded Year: 2017
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $5.62M
- Employee Count: 9 as on May 31, 2026
- Investors: Balderton Capital, Siparex and 12 Others
- Latest Funding Round: Seed, Jun 09, 2022, $*****
42Fund's Year-on-Year Investment Trends
42Fund has invested in 28 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in ARterra.42Fund's Investments by Stage
42Fund has made 1 investment in Seed stage.42Fund's Investments by Sector
42Fund has a diverse portfolio, with companies operating in the Blockchain - Industry Applications, Blockchain Technology, FinTech, Gaming and High Tech. Notably, it has invested in 27 Tech companies, 25 Blockchain companies, 25 Enterprise (B2B) companies and at least 22 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
FinTech | 1 |
Gaming | 1 |
High Tech | 1 |
Note: We have considered here, only first round of investments
42Fund's Investments by Geography
42Fund has made most investments in United States (1).42Fund's recent investments
42Fund has not made any investment in 2026 so far.Here are the most recent investments by 42Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2021 | United States | Seed | 4468 | [+2] |
Acquired companies in 42Fund's Portfolio
1 company from 42Fund's portfolio has been acquired. The most recent acquisition was Endor in Jul 2019 by Syn for $*****.Here are 42Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 04, 2019 | - | - | 9528 |
Team profile of 42Fund
42Fund has a team of 2 members including 2 Partners located in United Kingdom. 42Fund's team does not sit on the board of any company as of now.Co-investors of 42Fund
Over the past 5 years, 3 investors have co-invested in 42Fund's portfolio companies. This includes funds and angels.
- Top Co-investors of 42Fund: 3 investors entered a company along with 42Fund. These include investors like Woodstock (1 company).
Recent News related to 42Fund
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ARterra Labs raises investment in seed funding roundEsports Insider•Aug 20, 2021•ARterra, Woodstock, Youbi Capital, LD Capital and 2 others
