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 Mar 2026, Ethereal Ventures is an active investor, having invested in 19 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 Utexo Consulting Group Overall, Ethereal Ventures portfolio has seen 3 unicorns, namely Aleo, Improbable and Flashbots. A lot of funds co-invest with Ethereal Ventures, with names like Robvc 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
Deals in last 12 months
Ethereal Ventures' List of Top Investments
Ethereal Ventures has a portfolio of 19 companies, including 3 unicorns. Their most notable investments are in Bleap Finance and Dora.Their portfolio spans across United States, United Kingdom, Bermuda and 5 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 5 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Ethereal Ventures:1. 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: 149 as on Mar 31, 2026
- Investors: SoftBank Vision Fund, Samsung NEXT and 19 Others
- Latest Funding Round: Series B, Mar 05, 2025, $*****
- Highlight: Editors' Pick
2. Improbable
Platform offering distributed simulation software for video games and corporate sectors. The platform offers a cloud-based computing solution that enables game developers to create, run, and operate online games. Also, allow developers to write code using any simulation software and distribute their code across multiple machines.
Key facts about Improbable
- Founded Year: 2012
- Location: London (United Kingdom)
- Annual Revenue: £1.22M as on May 31, 2019
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $932M
- Employee Count: 157 as on Mar 31, 2026
- Investors: SoftBank Group, Temasek and 43 Others
- Latest Funding Round: Series D, Oct 03, 2022, $*****
- Highlight: Editors' Pick
3. Flashbots
Flashbots Ltd. was co-founded in 2020 by Scott Bigelow, Phil Daian, Stephane Gosselin, Alex Obadia, Tina Zhen.Flashbots is a research and development organization formed to mitigate the negative externalities posed by Maximal Extractable Value (MEV) to stateful blockchains, starting with Ethereum
Key facts about Flashbots
- Founded Year: 2020
- Location: Cayman Islands
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $60M
- Employee Count: 55 as on Mar 31, 2026
- Investors: Blockchain Coinvestors, Robvc and 11 Others
- Latest Funding Round: Series B, Jul 21, 2023, $*****
- Highlight: Editors' Pick
4. 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: 201 as on Jan 05, 2026
- Investors: Consensys Labs, NGC Ventures and 11 Others
- Latest Funding Round: Seed, Aug 23, 2019, $*****
5. 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: F-Prime Capital, Karman and 26 Others
- Latest Funding Round: Seed, Jan 16, 2025, $*****
Ethereal Ventures' Year-on-Year Investment Trends
Ethereal Ventures has invested in 19 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 Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Utexo Consulting Group and most recent follow-on round was in Coinshift.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
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 10 investments in Seed stage with an average round size of $15.1M, 3 investments in Series A stage with an average round size of $31.3M and 1 investment in Series D stage with an average round size of $150M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 3 |
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, High Tech, FinTech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 18 Tech companies, 16 Enterprise (B2B) companies, 14 Blockchain companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 11 |
High Tech | 11 |
FinTech | 9 |
Blockchain - Industry Applications | 7 |
Enterprise Applications | 6 |
Others | 7 |
Note: We have considered here, only first round of investments
Ethereal Ventures' Investments by Geography
Ethereal Ventures has made most investments in United States (9), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 9 |
United Kingdom | 3 |
Bermuda | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Ethereal Ventures' recent investments
Ethereal Ventures has made 1 investments in 2026 so far - Utexo Consulting Group.Here are the most recent investments by Ethereal Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 06, 2026 | United States | Seed | 9830 | [+16] | |
Jan 16, 2025 | Bermuda | Seed | 9475 | [+26] | |
Nov 28, 2024 | United Kingdom | Seed | 9766 | [+1] | |
Oct 10, 2024 | Singapore | Seed | 3640 | [+12] | |
Aug 07, 2024 | United States | Seed | 3028 | [+2] |
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, 2 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 |
|---|---|---|---|---|---|---|---|
64 | Blockchain Research & Development Organization | 2020 | - | Series B | cwxguzz | ||
73 | Blockchain-based network for developers | 2019 | San Francisco | Series B | jacmzle | ||
65 | Platform offering distributed simulation software for video games and corporate sectors | 2012 | London | Series D | mxcjejm |
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 | Germany | - | ||
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, 204 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: 160 investors entered a company along with Ethereal Ventures. These include investors like Robvc (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), Kora (1 company) and SoftBank Vision Fund (1 company).
Recent News related to Ethereal Ventures
•
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
•
Utexo Raises $7.5M Led by Tether for Bitcoin USDT SettlementsNewMediaWire•Mar 06, 2026•Portal ventures, Big Brain Holdings, Tether, Utexo and 21 others
•
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
•
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
•
SpaceComputer Raises $10m for Off-Planet Decentralised ComputingVentureburn•Nov 27, 2025•Ethereal Ventures, Lattice, Maven 11, Nascent Ventures and 2 others
•
1Money announces USD 20 million funding for stablecoin paymentsThe Paypers•Jan 20, 2025•1Money, F-Prime Capital, Galaxy Ventures, Hack VC and 10 others
•
1Money Emerges From Stealth with $20M for L1 Designed for Stablecoin PaymentsNFTgators•Jan 16, 2025•F-Prime Capital, Galaxy, , MoonPay and 25 others
•
1Money Network Emerges from Stealth with Over $20M in Funding to Build the World’s First Stablecoin Payments NetworkGlobal Fintech Series•Jan 16, 2025•1Money, F-Prime Capital, Galaxy Venture Capital, Hack VC and 25 others
•
BLEAP completes $ 2.3 million seed round financing, Ethereal Ventures ledPANews•Nov 28, 2024•Bleap Finance, Ethereal Ventures, BLeap, Robvc and 8 others
•
Stablecoin developer Yala completes $8 million seed round, led by Polychain Capital and Ethereal VenturesChainCatcher•Oct 10, 2024•Yala, Polychain, Ethereal Ventures, Amber Group and 14 others
