About Blue Bay Ventures
Blue Bay Ventures is a venture capital firm founded in 2021. It is primarily based out of Cayman Islands. As of Apr 2025, Blue Bay Ventures has invested in 4 companies. It primarily invests in Series A round in Germany based startups. Its investments are spread across a wide range of sectors from FinTech to Blockchain Technology and High Tech. Most recently it participated in the $***** Series A round of Particula Overall, Blue Bay Ventures portfolio has seen 1 acquisition, namely Backed. A lot of funds co-invest with Blue Bay Ventures, with names like Gnosis sharing a substantial percentage of its portfolio. Blue Bay Ventures has team of 1 people including 1 partners.Blue Bay Ventures' List of All Investments
Blue Bay Ventures has a portfolio of 4 companies. Their most notable investments include Backed and Brickken.Their portfolio spans across Germany, Spain and Switzerland. They have invested in FinTech, Blockchain Technology, High Tech and 2 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of all investments by Blue Bay Ventures:
1. Backed
Online platform offering tokenized stocks on Ethereum. The platform acts as a bridge between stocks, ETFs and the emerging DeFi ecosystem. It offers ERC20 tokens that track the value of shares like TSLA, AAPL or SPY, and are fully backed by the underlying asset.
Key facts about Backed
- Founded Year: 2021
- Location: Baar (Switzerland)
- Stage: Acquired
- Total Funding till date: $12.7M
- Employee Count: 12 as on Jul 31, 2026
- Investors: Exor, Stake Capital and 6 Others
- Latest Funding Round: Series A, Apr 30, 2024, $*****
- Highlight: Acquired

2. Brickken
Asset tokenization platform for real estate investments. It connects asset owners and investors and through the tokenization process, it divides assets into tokens of equal rights and value, which can be purchased. It allows users to deposits fiat or crypto on the platform to start buying tokens.
Key facts about Brickken
- Founded Year: 2020
- Location: Barcelona (Spain)
- Stage: Seed
- Total Funding till date: $5.94M
- Employee Count: 47 as on Jul 31, 2026
- Investors: SNZ, Blue Bay Ventures and 8 Others
- Latest Funding Round: Seed, Mar 31, 2026, $*****
- Highlight: Editors' Pick
3. Finoa
Provider of custody, staking, and prime brokerage services for institutions. The company delivers a platform for institutional use, prioritizing security and usability. It supports a range of digital assets and staking protocols. The company also provides technology that enables regulated virtual asset service providers to protect and manage their customers' digital assets.
Key facts about Finoa

4. Particula
Data and rating platform for tokenized assets empowering innovative companies in the digital asset ecosystem. Offers platform that delivers tailored insights and resources for customer segments, as well as a rating and data platform for tokenized real-world assets.
Key facts about Particula
- Founded Year: 2020
- Location: Munich (Germany)
- Stage: Series A
- Total Funding till date: $5.5M
- Employee Count: 431 as on Jul 31, 2026
- Investors: SixThirty, TX Ventures and 10 Others
- Latest Funding Round: Series A, Apr 29, 2025, $*****
Blue Bay Ventures' Year-on-Year Investment Trends
In 2025, it made 2 investments. Its most recent first time investment was in Particula.Blue Bay Ventures' Investments by Stage
Blue Bay Ventures has made 2 investments in Series A stage with an average round size of $7.5M, 1 investment in Seed stage with an average round size of $2.5M and 1 investment in Series B stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Seed | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Blue Bay Ventures' Investments by Sector
Blue Bay Ventures has a diverse portfolio, with companies operating in the FinTech, Blockchain - Industry Applications, Blockchain Technology, High Tech and Enterprise Applications. Notably, it has invested in 4 Tech companies, 3 Blockchain companies, 3 Consumer (B2C) companies and at least 2 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
FinTech | 4 |
Blockchain - Industry Applications | 3 |
Blockchain Technology | 3 |
High Tech | 2 |
Enterprise Applications | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Blue Bay Ventures' Investments by Geography
Blue Bay Ventures has made most investments in Germany (2), followed by Spain where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 2 |
Spain | 1 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Blue Bay Ventures' recent investments
Blue Bay Ventures has not made any investment in 2026 so far.Here are the most recent investments by Blue Bay Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 29, 2025 | Germany | Series A | 5545 | [+6] | |
Jan 15, 2025 | Spain | Seed | 3475 | [+4] | |
Apr 30, 2024 | Switzerland | Series A | 2866 | [+5] | |
Jan 09, 2024 | Germany | Series B | 1809 | [+4] |
Acquired companies in Blue Bay Ventures' Portfolio
1 company from Blue Bay Ventures' portfolio has been acquired. The most recent acquisition was Backed in Dec 2025 by Kraken for $*****.Here are Blue Bay Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 02, 2025 | Apr 30, 2024 | Series A | 7141 |
Team profile of Blue Bay Ventures
Blue Bay Ventures has a team of 1 member located in United Arab Emirates. Blue Bay Ventures' team does not sit on the board of any company as of now.Co-investors of Blue Bay Ventures
Over the past 2 years, 30 investors have co-invested in Blue Bay Ventures's portfolio companies. This includes funds and angels.
- Invested before Blue Bay Ventures: Exor, Mindset Ventures and 13 others have invested in rounds before Blue Bay Ventures. There is 1 company where Exor has invested before Blue Bay Ventures and 1 company where Mindset Ventures has invested before Blue Bay Ventures.
- Top Co-investors of Blue Bay Ventures: 14 investors entered a company along with Blue Bay Ventures. These include investors like Gnosis (1 company).
- Invested after Blue Bay Ventures: Marco Podini (1 company) is the only investor which has invested in Blue Bay Ventures's portfolio after their investments.
Recent News related to Blue Bay Ventures
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Brickken closes $2.5 million funding roundMuyPymes•Feb 18, 2025•Brickken, Psalion, Ergodic Fund, SNZ and 3 others
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BeraTone Completes $2 Million Seed Round, Led by Animoca BrandsPANews•Jan 15, 2025•Beratone-Game, Animoca Brands, SNZ, AVID3 and 8 others
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RWA Platform Raises Capital as Tokenization Market Heats Up to $5 BillionFinance Magnates•Jan 15, 2025•Brickken, SNZ, Blue Bay Ventures, Hodl Group
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Brickken closes a financing round of 2'43 million eurosEl Referente•Jan 15, 2025•Brickken, SNZ, Blue Bay Ventures, Hodl Group and 4 others
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The German Crypto Clean Finoa raises $ 15MCoins.fr•Jan 09, 2024•Finoa, Maven 11, Blue Bay Ventures, Balderton Capital and 3 others
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First tokenized STM Crowdfund on AvalancheSmartliquidity•Jul 08, 2022•Avalanche, Securitize, Blue Bay Ventures
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Longeveron rises ~20%, co to present Alzheimer's trial abstract at leading conferenceSeeking Alpha•Jul 07, 2022•Blue Bay Ventures
