About Ethereal Ventures
Ethereal Ventures is a venture capital firm founded in 2021. It is primarily based out of Road Town, British Virgin Islands. As of Nov 2026, Ethereal Ventures is an active investor, having invested in 26 companies, with 6 new investments 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 Lombard Overall, Ethereal Ventures portfolio has seen 3 unicorns, namely Improbable, Aleo and Flashbots. A lot of funds co-invest with Ethereal Ventures, with names like Galaxy sharing a substantial percentage of its portfolio. Ethereal Ventures has team of 9 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Soonicorns
Ethereal Ventures' List of Top Investments
Ethereal Ventures has a portfolio of 26 companies, including 3 unicorns. Their most notable investments are in FereAI and Bleap Finance.Their portfolio spans across United States, United Kingdom, India and 7 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 6 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Ethereal Ventures:1. Improbable
Developer of virtual world software and decentralized digital infrastructure platforms. This business creates technology for building immersive environments, blockchain applications, and artificial intelligence systems. The software supports the creation of persistent digital spaces and automated enterprise workflows. These tools enable the development of interactive experiences and scalable network architectures for various digital applications.
Key facts about Improbable
- Founded Year: 2012
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on May 31, 2019
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $937M
- Employee Count: 351 as on Oct 31, 2026
- Investors: SoftBank Group, Temasek and 42 Others
- Latest Funding Round: Series D, Oct 03, 2022, $*****
- Highlight: Editors' Pick
2. Aleo
Blockchain-based network for developers. Its features of the platform include a zero-knowledge IDE, package manager, etc. The platform features enable developers to build custom cross-platform mobile applications.
Key facts about Aleo
- Founded Year: 2019
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $228M
- Employee Count: 144 as on Oct 31, 2026
- Investors: SoftBank Vision Fund, Tiger Global Management and 19 Others
- Latest Funding Round: Series B, Mar 05, 2025, $*****
- Highlight: Editors' Pick
3. Gnosis
Gnosis offers multiple financial services for cryptocurrencies. It offers solutions to create digital tokens to use as a medium of exchange. Provides a decentralized platform for buying & selling assets and an ethereum-based multi-signature wallet solution for storing crypto assets. Also, offers mentoring, funding & marketing services to assist in developing products.
Key facts about Gnosis
- Founded Year: 2015
- Location: Gibraltar (Gibraltar)
- Stage: Seed
- Total Funding till date: $500K
- Employee Count: 208 as on Oct 31, 2026
- Investors: Bixin Ventures, DeepTech Ventures and 12 Others
- Latest Funding Round: Seed, Aug 23, 2019, $*****
4. 1Money
Provider of a stablecoin payments network. This network is designed exclusively for stablecoins and offers a decentralized and Deterministic Byzantine Fault Tolerant (DBFT) architecture. The design prioritizes security, protecting user funds and transactions from various vulnerabilities. It features built-in compliance features to automate sanctions blocking and meet AML standards. The network processes transactions immediately without the delays associated with blockchains, and it does not utilize smart contracts, mitigating associated risks. Its architecture allows for high transaction speeds and scalability to handle significant transaction volumes.
Key facts about 1Money
- Founded Year: 2024
- Location: Bermuda
- Stage: Seed
- Total Funding till date: $20M
- Investors: Hack VC, F-Prime Capital and 26 Others
- Latest Funding Round: Seed, Jan 16, 2025, $*****
- Highlight: Editors' Pick
5. Sentient
Non-profit organization advancing open-source AGI research. It empower the development of open-source artificial intelligence that is aligned with humanity and never controlled by a single entity. It is an open framework for building multi-agent AI systems with structured reasoning and coordination. It unites researchers and builders to empower open-source artificial general intelligence development. It also funds researchers and builders to pursue ideas that keep artificial general intelligence open. The foundation provides access to mentorship and opportunities to present at events.
Key facts about Sentient
- Founded Year: 2024
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $85M
- Employee Count: 54 as on Sep 30, 2026
- Investors: Republic Capital, Hack VC and 24 Others
- Latest Funding Round: Seed, Jul 02, 2024, $*****
- Highlight: Editors' Pick
Ethereal Ventures' Year-on-Year Investment Trends
Ethereal Ventures has invested in 26 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 1 investment, while as of Nov 2026, it has made 6 investments in this year. Its most recent first time investment was in Lombard and most recent follow-on round was in Coinshift.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 0 | 6 |
2025 | 1 | 0 | 1 |
2024 | 6 | 0 | 6 |
2023 | 0 | 0 | 0 |
2022 | 2 | 1 | 3 |
2021 | 4 | 0 | 4 |
Ethereal Ventures' Investments by Stage
Ethereal Ventures has made 14 investments in Seed stage with an average round size of $11.7M, 4 investments in Series A stage with an average round size of $25.4M and 1 investment in Series D stage with an average round size of $150M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 4 |
Series D | 1 |
Note: We have considered here, only first round of investments
Ethereal Ventures' Investments by Sector
Ethereal Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, High Tech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 25 Tech companies, 22 Enterprise (B2B) companies, 20 Blockchain companies and at least 15 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 12 |
FinTech | 12 |
High Tech | 12 |
Blockchain - Industry Applications | 10 |
Enterprise Applications | 8 |
Others | 6 |
Note: We have considered here, only first round of investments
Ethereal Ventures' Investments by Geography
Ethereal Ventures has made most investments in United States (8), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 8 |
United Kingdom | 3 |
Bermuda | 1 |
British Virgin Islands | 1 |
Singapore | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Ethereal Ventures' recent investments
Ethereal Ventures has made 6 investments in 2026 so far. Lombard and Twyne are the latest among them.Here are the most recent investments by Ethereal Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 05, 2026 | - | Seed | 1759 | [+3] | |
Aug 17, 2026 | - | Seed | 7755 | [+1] | |
Aug 12, 2026 | Switzerland | Series A | 8544 | [+6] | |
Jul 30, 2026 | - | Seed | 3149 | ||
Apr 23, 2026 | - | Seed | 8557 | [+1] |
Unicorns in Ethereal Ventures' Portfolio
Ethereal Ventures has 3 unicorns in its portfolio - Flashbots, Aleo and Improbable. The most recent unicorn in their portfolio is Flashbots. It became a unicorn in 2023, 3 years before Ethereal Ventures first invested in it.Here is a list of unicorns in Ethereal Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
49 | Blockchain Research & Development Organization | 2020 | - | Series B | qrinsxe | ||
73 | Blockchain-based network for developers | 2019 | San Francisco | Series B | ffobukz | ||
78 | Developer of venture building services for artificial intelligence and metaverse | 2012 | London | Series D | zxeawvb |
Team profile of Ethereal Ventures
Ethereal Ventures has a team of 9 members including 7 Partners, 1 Venture Partner and 1 Principal located in United States, United Kingdom and 2 more locations. Ethereal Ventures' team sits on the board of 1 company.Here is a list of all team members in Ethereal Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Berlin | - | ||
Partner | London | |||
Partner | Singapore | - | - | |
Partner | London | - | ||
Partner | Palo Alto | - | ||
Partner | United States | - | - | |
Partner | Miami | - | ||
Venture Partner | New York City | - | ||
Principal | Brooklyn | - | - |
Co-investors of Ethereal Ventures
Over the past 5 years, 218 investors have co-invested in Ethereal Ventures's portfolio companies. This includes funds and angels.
- Invested before Ethereal Ventures: Andreessen Horowitz, Horizons Ventures and 21 others have invested in rounds before Ethereal Ventures. There is 1 company where Andreessen Horowitz has invested before Ethereal Ventures and 1 company where Horizons Ventures has invested before Ethereal Ventures.
- Top Co-investors of Ethereal Ventures: 174 investors entered a company along with Ethereal Ventures. These include investors like Galaxy (4 companies).
- Invested after Ethereal Ventures: A total of 21 investors have invested in Ethereal Ventures's portfolio after their investments. Top Investors include Tiger Global Management (2 companies), MultiversX (1 company) and Kora (1 company).
Recent News related to Ethereal Ventures
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Entravel Group Raises $7.5M for White-Label Travel TechnologyThe Fintech Times•Oct 04, 2026•Entravel Group, Ethereal Ventures
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Twyne Raises $2.5M in Seed FundingFinSMEs•Aug 24, 2026•CyberFund, Twyne, Ethereal Ventures, Daedalus
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Entravel Group Raises $7.5M in FundingFinSMEs•Aug 12, 2026•GSR, Veris Ventures, Ethereal Ventures, Seier Capital and 1 other
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Bundle Raises $5.5M in Pre-Seed Funding to Launch Global Web3 Rewards PlatformentARABI•Jul 30, 2026•Bundle, Further, Ethereal Ventures, Nascent and 4 others
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Fere AI Raises $1.3M to Put a Self-Improving Trading Agent in Everyone's HandsGlobeNewswire•Apr 23, 2026•Ethereal Ventures, Galaxy, Kosmos Ventures, FereAI and 3 others
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Utexo Raises $7.5M Led by Tether for Bitcoin USDT SettlementsNewMediaWire•Mar 06, 2026•Portal ventures, Big Brain Holdings, Tether, Utexo and 21 others
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Tech MYX Completes Funding Round Led by Consensys Ahead of V2 LaunchBitcoin Ethereum News•Feb 19, 2026•Ethereal Ventures, Systemic Ventures, ConsenSys, MYX Finance and 2 others
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Former ConsenSys exec raises $6.15 million to build crypto staking protocol ObolThe Block•Dec 21, 2025•Obol, Acrylic Cap, Coinbase, Consensys and 1 other
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SpaceComputer Raises $10m for Off-Planet Decentralised ComputingVentureburn•Nov 27, 2025•Ethereal Ventures, Lattice, Maven 11, Nascent Ventures and 2 others
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1Money announces USD 20 million funding for stablecoin paymentsThe Paypers•Jan 20, 2025•1Money, F-Prime Capital, Galaxy Ventures, Hack VC and 10 others
