About Bitscale Capital
Bitscale Capital is a venture capital firm founded in 2018. It is primarily based out of Russia. As of Oct 2025, Bitscale Capital is an active investor, having invested in 91 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of Turtle Overall, Bitscale Capital portfolio has seen 1 IPO and 2 acquisitions, namely Brahma, Pods and Sandstorm. A lot of funds co-invest with Bitscale Capital, with names like Mechanism Capital sharing a substantial percentage of its portfolio. Bitscale Capital has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Deals in last 12 months
Bitscale Capital's List of Top Investments
Bitscale Capital has a portfolio of 91 companies. Their most notable investments are in Decentral Games and Crust.Their portfolio spans across United States, Switzerland, Singapore and 24 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 11 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Bitscale Capital:1. FTX
Online platform for trading in cryptocurrency. It allows users to purchase and sell digital assets through encrypted networks. It supports the transfer of multiple crypto derivatives including Ethereum, Altcoin, Bitcoin, Tether, and more. It also provides OTC trading solutions to users.
Key facts about FTX
2. Injective
Developer of a layer one blockchain for decentralised finance applications. It provides pre-built modules to simplify application development with dynamic smart contracts. The blockchain focuses on speed and low costs for on-chain transactions. It supports a Web3 financial ecosystem with various applications, connected chains, and infrastructure. The platform facilitates creating wallets, acquiring native tokens, bridging assets, and staking.
Key facts about Injective
- Founded Year: 2018
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $52.6M
- Employee Count: 136 as on Aug 31, 2026
- Investors: Innovating Capital, CMS Holdings and 23 Others
- Latest Funding Round: Series A, Aug 10, 2022, $*****
- Highlight: Editors' Pick
3. Zerion
Decentralized platform for financial services. It provides blockchain-based protocols for decentralized finance. It offers asset management with automatic tracking of BTC, ETH, and ERC-20 tokens. It allows users to send, receive and invest ETH and BTC from a wallet interface. Its services include trading, borrowing, investing, and saving.
Key facts about Zerion
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $22.5M
- Employee Count: 71 as on Aug 31, 2026
- Investors: Mosaic Ventures, Lightspeed Venture Partners and 28 Others
- Latest Funding Round: Series B, Aug 17, 2022, $*****
- Highlight: Editors' Pick
4. Brahma
Blockchain-based network for Defi applications in the finance industry. It enables users to access risk-managed, cross-chain strategies for sustainable yield. It offers composability with multiple protocols across chains in a single flow to deliver a superior diversified yield.
Key facts about Brahma
- Founded Year: 2021
- Location: Delhi (India)
- Stage: Acquired
- Total Funding till date: $6.71M
- Employee Count: 26 as on Aug 31, 2026
- Investors: Lightspeed Venture Partners, Framework Ventures and 13 Others
- Latest Funding Round: Seed, Dec 09, 2023, $*****
- Highlight: Acquired
5. Nansen
Online analytics platform for cryptocurrencies and blockchain data. It features tools for accessing insights from Ethereum wallets, signals, indicators, real-world datasets, news updates, and more. It allows users to track transactions, follow the flow of funds, analyze anonymous addresses, and discover the dynamics of decentralized applications.
Key facts about Nansen
- Founded Year: 2020
- Location: Singapore (Singapore)
- Annual Revenue: $1M - $10M as on Dec 31, 2024
- Stage: Series B
- Total Funding till date: $88.2M
- Employee Count: 106 as on May 31, 2026
- Investors: GIC, Amplify Partners and 56 Others
- Latest Funding Round: Series B, Dec 16, 2021, $*****
- Highlight: Editors' Pick
Bitscale Capital's Year-on-Year Investment Trends
Bitscale Capital has invested in 91 companies over the last 6 years, with an average of 7 new investments annually in the last 5 years. In 2025, it made 5 investments. Its most recent first time investment was in Turtle and most recent follow-on round was in Inference Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 4 | 1 | 5 |
2024 | 11 | 0 | 11 |
2023 | 6 | 0 | 6 |
2022 | 10 | 0 | 10 |
2021 | 13 | 0 | 13 |
2020 | 4 | 0 | 4 |
Bitscale Capital's Investments by Stage
Bitscale Capital has made 39 investments in Seed stage with an average round size of $4.34M, 8 investments in Series A stage with an average round size of $9.81M and 1 investment in Series B stage with an average round size of $25M.Stage of entry | No. of Investments |
|---|---|
Seed | 39 |
Series A | 8 |
Series B | 1 |
Note: We have considered here, only first round of investments
Bitscale Capital's Investments by Sector
Bitscale Capital has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 87 Tech companies, 80 Blockchain companies, 56 Software companies and at least 54 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 42 |
High Tech | 37 |
FinTech | 31 |
Blockchain - Industry Applications | 30 |
Enterprise Applications | 13 |
Others | 29 |
Note: We have considered here, only first round of investments
Bitscale Capital's Investments by Geography
Bitscale Capital has made most investments in United States (18), followed by Switzerland where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 18 |
Switzerland | 5 |
United Kingdom | 4 |
China | 3 |
Singapore | 3 |
Others | 15 |
Note: We have considered here, only first round of investments
Bitscale Capital's recent investments
Bitscale Capital has not made any investment in 2026 so far.Here are the most recent investments by Bitscale Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 20, 2025 | Switzerland | Seed | 9036 | [+12] | |
Jun 26, 2025 | Canada | Seed | 3964 | ||
Feb 11, 2025 | Vietnam | Seed | 5558 | [+7] | |
Feb 03, 2025 | Singapore | Series A | 5524 | [+3] | |
Jan 09, 2025 | China | Seed | 3809 | [+1] |
IPOs and Publicly Listed companies in Bitscale Capital's Portfolio
1 of Bitscale Capital's portfolio company became public - Pods.Here are Bitscale Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 7245 |
Acquired companies in Bitscale Capital's Portfolio
2 companies from Bitscale Capital's portfolio have been acquired. The most recent acquisition was Brahma in Mar 2026 by Polymarket for $*****.Here are Bitscale Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 18, 2026 | Dec 09, 2023 | Seed | 8644 | |
Apr 01, 2025 | Mar 04, 2022 | Seed | 3622 |
Team profile of Bitscale Capital
Bitscale Capital has a team of 3 members including 2 Partners located in Israel and Portugal. Bitscale Capital's team does not sit on the board of any company as of now.Co-investors of Bitscale Capital
Over the past 6 years, 621 investors have co-invested in Bitscale Capital's portfolio companies. This includes funds and angels.
- Invested before Bitscale Capital: Innovationsfonden, Placeholder and 60 others have invested in rounds before Bitscale Capital. There is 1 company where Innovationsfonden has invested before Bitscale Capital and 1 company where Placeholder has invested before Bitscale Capital.
- Top Co-investors of Bitscale Capital: 443 investors entered a company along with Bitscale Capital. These include investors like Mechanism Capital (8 companies).
- Invested after Bitscale Capital: A total of 116 investors have invested in Bitscale Capital's portfolio after their investments. Top Investors include Brevan Howard (3 companies), BlockTower (2 companies) and Cadenza (2 companies).
Recent News related to Bitscale Capital
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Printr Raises $4.5M in FundingFinSMEs•Oct 21, 2025•Flow, Sui Foundation, Mantle Network, LayerZero Labs Canada Inc and 8 others
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Turtle Raises $5.5 Million to Build Web3’s Largest Liquidity Distribution NetworkVentureburn•Oct 20, 2025•Gami Capital, Theia Tech, Varys Capital, Bitscale Capital and 19 others
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GOAT Gaming lands US$4M to scale AI-driven Web3 gaming on Telegrame27•Feb 03, 2025•GOAT Gaming, Ton Ventures, Karatage, Bitscale and 24 others
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Framework Ventures leads $2.5 million funding round for DePIN startup StarpowerThe Block•Jan 09, 2025•Framework Ventures, Starpower, Solana Ventures, Bitscale Capital
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Ex-Base Team Scores $21M with Pantera, Makers & Hashed to Level Up Onchain GamingCryptopotato•Jul 22, 2024•npclabs.xyz, Pantera Capital, Makers Fund, Hashed and 7 others
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Coinbase alumni raise $21 million for web3 gaming infrastructure startup NPC LabsThe Block•Jul 22, 2024•npclabs.xyz, Coinbase, Pantera Capital, Makers Fund and 6 others
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Bitscale Bags Funding To Help Sales, Marketing Professionals Automate Their Manual WorkflowsInc42•Jul 19, 2024•Bitscale Capital, First Cheque, CRED, Bitscale and 4 others
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Pixelverse Lands $5.5M from Leading Web 3 VCs to Propel Web3 GamingFinance Magnates•Jun 12, 2024•Pixelverse, Delphi Ventures, Mechanism Capital, Bitscale Capital and 6 others
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NodeOps Secures $5 Million Seed Round to Revolutionize Node Orchestration LayerPR Newswire•May 27, 2024•NodeOps, Blockchain Founders Fund, Finality Capital, L1D and 4 others
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