About C² Ventures
C² Ventures is a venture capital firm founded in 2021. It is primarily based out of China. As of Mar 2025, C² Ventures has invested in 60 companies. 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 $***** Series B round of Axelar Overall, C² Ventures portfolio has seen 1 unicorn and 3 acquisitions including key companies like Axelar, IndiGG and Valkyrie. A lot of funds co-invest with C² Ventures, with names like Coinbase sharing a substantial percentage of its portfolio. C² Ventures has team of 2 people including 1 partners.C² Ventures' List of Top Investments
C² Ventures has a portfolio of 60 companies, one of which is a Unicorn. Their most notable investments are in FARE and Ancient8.Their portfolio spans across United States, India, Singapore and 16 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 19 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by C² Ventures:
1. Axelar
Online platform for cross-chain communication for web3. It offers solutions for integrating decentralized applications into blockchain networks. It allows developers to host apps, move assets, communicate with applications on other chains using the Axelar API, and more.
Key facts about Axelar
2. ePlane
Developer of electric vertical takeoff and landing aircraft for urban air mobility. The company designs and manufactures compact electric aircraft engineered for passenger transport, emergency medical services, and cargo logistics. These vehicles utilize existing infrastructure such as helipads and rooftops to facilitate efficient transit within urban environments. The technology focuses on vertical takeoff and landing capabilities, integrating advanced propulsion systems and flight control architectures to support safe and scalable aerial operations.
Key facts about ePlane
- Founded Year: 2019
- Location: Chennai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $31M
- Employee Count: 159 as on May 01, 2026
- Investors: 3one4 Capital, Valour Capital and 93 Others
- Latest Funding Round: Series B, Dec 24, 2025, $*****
- Highlight: Editors' Pick
Decentralized exchange protocol that offers spot & margin trading, perpetual swaps, and lending & borrowing. It uses an on-chain order book to provide a platform with a risk engine, matching engine and shared asset pools.
Key facts about Orderly Network
- Founded Year: 2022
- Location: New York City (United States)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $25M
- Employee Count: 48 as on Aug 31, 2026
- Investors: GSR Ventures, OKX and 43 Others
- Latest Funding Round: Seed, Aug 15, 2024, $*****
- Highlight: Editors' Pick
4. GoSats
App-based platform offering rewards and bitcoin cashback. It allows users to shop online on multiple brands with discounts on different categories like food, fashion, shopping, and more. The mobile application is available for Android and iOS users.
Key facts about GoSats
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Stage: Series A
- Total Funding till date: $10.2M
- Employee Count: 27 as on Sep 30, 2026
- Investors: Dragon Capital, Flucas Ventures and 31 Others
- Latest Funding Round: Series A, Apr 06, 2026, $*****
- Highlight: Editors' Pick
Platform for developing and publishing immersive AAA games for audiences. It builds AAA titles with an initial focus on mobile games and later expands to other platforms, including consoles. It is developing E-Cricket, a next-generation sports simulation game that reimagines cricket for the digital era. Featured titles include E-Cricket, a hyper-realistic esports cricket game with multiplayer modes, AI-driven gameplay, and support for various devices.
Key facts about LightFury Games
- Founded Year: 2024
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $19.5M
- Employee Count: 56 as on Aug 31, 2025
- Investors: Times Internet, Java Capital and 40 Others
- Latest Funding Round: Angel, Aug 24, 2026, $*****
- Highlight: Editors' Pick
C² Ventures' Year-on-Year Investment Trends
C² Ventures has invested in 60 companies over the last 4 years, with an average of 5 new investments annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in Axelar and most recent follow-on round was in Eat Better.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 11 | 1 | 12 |
2023 | 10 | 0 | 10 |
2022 | 18 | 1 | 19 |
C² Ventures' Investments by Stage
C² Ventures has made 27 investments in Seed stage with an average round size of $4.8M, 10 investments in Series A stage with an average round size of $8.92M and 3 investments in Series B stage with an average round size of $18M.Stage of entry | No. of Investments |
|---|---|
Seed | 27 |
Series A | 10 |
Series B | 3 |
Note: We have considered here, only first round of investments
C² Ventures' Investments by Sector
C² Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, Blockchain - Industry Applications, High Tech and Enterprise Applications. Notably, it has invested in 51 Tech companies, 38 Blockchain companies, 35 Consumer (B2C) companies and at least 26 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 23 |
FinTech | 22 |
Blockchain - Industry Applications | 18 |
High Tech | 15 |
Enterprise Applications | 7 |
Others | 35 |
Note: We have considered here, only first round of investments
C² Ventures' Investments by Geography
C² Ventures has made most investments in United States (14), followed by India where it has made 9 investments.Country | No. of Investments |
|---|---|
United States | 14 |
India | 9 |
Singapore | 5 |
United Kingdom | 4 |
Canada | 3 |
Others | 6 |
Note: We have considered here, only first round of investments
C² Ventures' recent investments
C² Ventures has not made any investment in 2026 so far.Here are the most recent investments by C² Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 11, 2025 | Canada | Series B | 3979 | [+5] | |
Dec 15, 2024 | India | Seed | 7724 | [+23] | |
Dec 12, 2024 | United States | Series A | 8024 | [+5] | |
Nov 05, 2024 | Switzerland | Series A | 2286 | [+12] | |
Oct 29, 2024 | India | Series B | 1436 | [+47] |
Unicorns in C² Ventures' Portfolio
C² Ventures has 1 unicorn in its portfolio - Axelar. The most recent unicorn in their portfolio is Axelar which became a unicorn in 2022, 3 years before C² Ventures first invested in it.Here is a list of unicorns in C² Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | ghpxtdn |
Acquired companies in C² Ventures' Portfolio
3 companies from C² Ventures' portfolio have been acquired. The most recent acquisition was Breakout in Sep 2025 by Kraken for $*****.Here are C² Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2025 | Jul 09, 2024 | Seed | 8190 | |
Jan 12, 2024 | Jun 08, 2022 | Series A | 8622 | |
Feb 23, 2023 | - | - | 9084 |
Team profile of C² Ventures
C² Ventures has a team of 2 members located in China. C² Ventures' team does not sit on the board of any company as of now.Co-investors of C² Ventures
Over the past 4 years, 605 investors have co-invested in C² Ventures's portfolio companies. This includes funds and angels.
- Invested before C² Ventures: LVX, Java Capital and 195 others have invested in rounds before C² Ventures. There are 4 companies where LVX has invested before C² Ventures and 3 companies where Java Capital has invested before C² Ventures.
- Top Co-investors of C² Ventures: 344 investors entered a company along with C² Ventures. These include investors like Coinbase (6 companies).
- Invested after C² Ventures: A total of 64 investors have invested in C² Ventures's portfolio after their investments. Top Investors include OKX (2 companies), Laser Digital (2 companies) and Coinbase (2 companies).
Recent News related to C² Ventures
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Axelar Welcomes Arrington Capital and Electric Capital to Its Ecosystem Via Strategic InvestmentsBusiness Wire•Mar 11, 2025•Arrington Capital, Electric Capital, Distributedglobal, Laser Digital and 3 others
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Axelar Foundation Reveals $30 Million AXL Token Sale to Expand Interoperability ProtocolPANews•Mar 11, 2025•Axelar, Arrington Capital, Distributedglobal, Electric Capital and 4 others
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Cryptocurrency proprietary trading firm Breakout completes $4.5 million seed roundPANews•Jul 31, 2024•Breakout, RockawayX, Mechanism Capital, Round13 and 2 others
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Manta Exchange secures major funding alongside ABCDE Labs, UOB Venture Management, C Squared Ventures and OkularCryptosaurus•Nov 21, 2023•Manta Exchange, ABCDE, UOB, C² Ventures and 1 other
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AlienSwap Closes $12M Funding RoundFinSMEs•May 04, 2023•AlienSwap, C² Ventures, OKX, Bip 32 and 2 others
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FARE Protocol Raises $6.2M in Seed FundingThe Crypto Times•May 02, 2023•FARE, Goat Capital, C² Ventures
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Crypto Exchange C3 Raises $6M to Offer FTX AlternativeCoinDesk•Feb 11, 2023•C3 Protocol, Two Sigma Ventures, Jane Street, HRT and 6 others
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Gold loan startup Yellow Metal raises $3 MnEntrackr•Dec 07, 2022•Yellow Metal, MSA Capital, WaterBridge, Spiral Ventures and 4 others
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Valkyrie raises $11.15 million in new funding roundPageOne•Jun 08, 2022•Valkyrie, Wedbush, ClearSky, Zilliqa Capital and 4 others
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Valkyrie Raises $11M in Push To Offer More Crypto FundsBlockworks•Jun 08, 2022•Valkyrie, Coinbase, Gemini, Wedbush and 6 others
