About Fuse Capital
Fuse Capital is a venture capital firm founded in 2019. It is primarily based out of Rio de Janeiro, Brazil. As of Jul 2024, Fuse Capital has invested in 15 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Blockchain Technology. Most recently it participated in the $***** Seed round of etherfuse Overall, Fuse Capital portfolio has seen 1 acquisition, namely Solaris. A lot of funds co-invest with Fuse Capital, with names like Shorooq Partners sharing a substantial percentage of its portfolio. Fuse Capital has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Fuse Capital's List of Top Investments
Fuse Capital has a portfolio of 15 companies. Their most notable investments are in Pink and Arthur Mining.Their portfolio spans across Brazil, United States, Belgium and 4 more locations. They have invested in Enterprise Applications, High Tech, Blockchain Technology and 6 other sectors, across stages such as Seed, Series B and 1 more. Here is the list of top investments by Fuse Capital:
1. Solaris
Provider of banking-as-a-service platform offering digital banking and payment solutions. The platform enables businesses to embed financial services into their own products. Services include accounts, identification, cards, payments, and lending. The platform offers APIs designed for scalability and product customization.
Key facts about Solaris
- Founded Year: 2016
- Location: Berlin (Germany)
- Annual Revenue: €0 - €1M as on Dec 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $736M
- Employee Count: 592 as on Aug 31, 2026
- Investors: CNP, Storm Ventures and 23 Others
- Latest Funding Round: Series G, Feb 03, 2025, $*****
- Highlight: Acquired
2. Hashdex
Hashdex offers index investing in cryptocurrencies. Provides Hashdex Digital Assets Index (HDAI) which track cryptocurrencies using proprietary asset pricing methodology. HDAI Digital Assets include Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Stellar, TRON, Bitcoin SV, Cardano, Dash, NEO, Ethereum Classic, and Zcash. Weights for HDAI constituents are calculated according to their relative market capitalizations. Offers Hashdex Index Fund which tracks the performance of the HDAI.
Key facts about Hashdex
- Founded Year: 2018
- Location: Bronxville (United States)
- Stage: Series B
- Total Funding till date: $26M
- Employee Count: 76 as on Aug 31, 2026
- Investors: Graph Ventures, Igah Ventures and 9 Others
- Latest Funding Round: Series B, May 12, 2021, $*****
- Highlight: Editors' Pick
3. Credix
Decentralized credit marketplace connecting investors with fintech. It provides a credit investment opportunities for investors. Investors can invest in the liquidity pool, which diversifies across deals.
Key facts about Credix
- Founded Year: 2021
- Location: Antwerp (Belgium)
- Stage: Series B
- Total Funding till date: $79.8M
- Employee Count: 48 as on Aug 31, 2026
- Investors: ParaFi, Valor Capital Group and 17 Others
- Latest Funding Round: Series B, Nov 10, 2025, $*****
- Highlight: Editors' Pick
4. Vexi
App-based credit card provider. Customers need to apply online to be assigned a credit limit, which can be used online as well as offline. The Vexi mobile app allows customers to manage and customize expenses easily, check cut and payment dates, and review details of charges and commissions.
Key facts about Vexi
- Founded Year: 2016
- Location: Mexico City (Mexico)
- Stage: Series A
- Total Funding till date: $32M
- Employee Count: 94 as on Aug 31, 2026
- Investors: Redwood Ventures, Accial Capital and 13 Others
- Latest Funding Round: Conventional Debt, Apr 30, 2025, $*****
- Highlight: Editors' Pick
5. MANTRA Chain
Permissionless blockchain infrastructure solutions. It allows the building of Web3 applications on a scalable blockchain architecture. It provides a toolkit for developers to create applications on its platform. It provides access to DEXs, yield-bearing vaults and RWA tokenization platforms.
Key facts about MANTRA Chain
- Founded Year: 2020
- Location: Switzerland
- Stage: Series C
- Total Funding till date: $31M
- Employee Count: 110 as on Aug 31, 2026
- Investors: Inveniam IO, Three Point Capital and 17 Others
- Latest Funding Round: Series C, Aug 05, 2025, $*****
- Highlight: Editors' Pick
Fuse Capital's Year-on-Year Investment Trends
Fuse Capital has invested in 15 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in etherfuse.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 2 | 0 | 2 |
Fuse Capital's Investments by Stage
Fuse Capital has made 3 investments in Seed stage with an average round size of $1.84M, 1 investment in Series B stage with an average round size of $11M and 1 investment in Venture Debt stage.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series B | 1 |
Venture Debt | 1 |
Note: We have considered here, only first round of investments
Fuse Capital's Investments by Sector
Fuse Capital 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 13 Tech companies, 11 Enterprise (B2B) companies, 5 Blockchain companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 3 |
FinTech | 3 |
High Tech | 3 |
Blockchain - Industry Applications | 2 |
Enterprise Applications | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Fuse Capital's Investments by Geography
Fuse Capital has made most investments in United States (2), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Brazil | 1 |
Mexico | 1 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Fuse Capital's recent investments
Fuse Capital has not made any investment in 2026 so far.Here are the most recent investments by Fuse Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 20, 2024 | United States | Seed | 8959 | [+4] | |
Mar 19, 2024 | Switzerland | Series B | 8250 | [+9] | |
Sep 21, 2021 | United States | Seed | 8217 | ||
Oct 30, 2020 | Brazil | Seed | 3561 | - | |
Oct 13, 2020 | Mexico | Venture Debt | 9434 | - |
Acquired companies in Fuse Capital's Portfolio
1 company from Fuse Capital's portfolio has been acquired. The most recent acquisition was Solaris in Mar 2025 by SBI Group for $*****.Here are Fuse Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 25, 2025 | - | - | 8865 |
Team profile of Fuse Capital
Fuse Capital has a team of 3 members including 3 Partners located in Brazil. Fuse Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Fuse Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Rio de Janeiro | - | ||
Partner | Rio de Janeiro | - | ||
Partner | Rio de Janeiro | - |
Co-investors of Fuse Capital
Over the past 6 years, 28 investors have co-invested in Fuse Capital's portfolio companies. This includes funds and angels.
- Invested before Fuse Capital: Finnovista and VilCap Investments have invested in rounds before Fuse Capital. There is 1 company where Finnovista has invested before Fuse Capital and 1 company where VilCap Investments has invested before Fuse Capital.
- Top Co-investors of Fuse Capital: 16 investors entered a company along with Fuse Capital. These include investors like Shorooq Partners (1 company).
- Invested after Fuse Capital: A total of 10 investors have invested in Fuse Capital's portfolio after their investments. Top Investors include Magma Partners (1 company), alpha4ventures (1 company) and Village Capital (1 company).
Recent News related to Fuse Capital
•
Layer 1 Blockchain Mantra Secures $11 Million From Latest Investment Funding RoundCryptocurrency•Mar 25, 2024•MANTRA Chain, Shorooq Partners, Three Point Capital, Fortesecurities and 16 others
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Vaas raises R$ 10 million to be the watchman of banks in the era of crypto and PixFusoes & Aquisicoes•Oct 26, 2023•VAAS Intelligent Technology, ABSeed, VAAS, Fuse Capital and 2 others
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Fuse Capital Looks to Raise $50million to Invest in LatAm Web3 StartupsThe Fintech Times•Aug 20, 2022•Fuse Capital
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Brazil’s Fuse Capital to Allocate Funds to Startups Focused on Big Data, AI, Machine Learning, Credit Card Firm to Assist Wealthy InvestorsCrowdfund Insider•Aug 30, 2020•Fuse Capital
