About Hypersphere Ventures
Hypersphere Ventures is a venture capital firm founded in 2019. It is primarily based out of Austin, United States. As of Aug 2025, Hypersphere Ventures has invested in 73 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 A round of Irys Overall, Hypersphere Ventures portfolio has seen 3 unicorns, 2 IPOs and 5 acquisitions including key companies like Axelar, Dynamic and SharpLink. A lot of funds co-invest with Hypersphere Ventures, with names like D1 Ventures sharing a substantial percentage of its portfolio. Hypersphere Ventures has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Hypersphere Ventures' List of Top Investments
Hypersphere Ventures has a portfolio of 73 companies, including 3 unicorns. Their most notable investments are in Yomi Games and Subspace.Their portfolio spans across United States, Singapore, United Kingdom and 19 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 12 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Hypersphere 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. Dynamic
Developer of software development kits for digital wallet infrastructure management. The platform provides authentication, embedded wallets, and multi-chain key management tools for application integration. It facilitates user login, transaction signing, and account recovery across various blockchain networks. The infrastructure includes features for account abstraction, fraud protection, and on-ramp support to handle transactions without complex user interventions. Developers utilize these tools to enable social logins and unify digital identities within their applications.
Key facts about Dynamic
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $43.3M
- Employee Count: 327 as on Sep 30, 2026
- Investors: First Round Capital, Breyer Capital and 14 Others
- Latest Funding Round: Series A, Dec 13, 2023, $*****
- Highlight: Acquired
3. SharpLink
Provider of iGaming affiliate marketing network and direct-to-player marketing websites. The company focuses on driving qualified traffic and player acquisitions, retention, and conversions to iGaming operator partners. It owns and operates affiliate marketing websites designed to attract sports betting and online casino gaming traffic to partners.
Key facts about SharpLink
- Founded Year: 2019
- Location: Minneapolis (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2022
- Stage: Public
- Employee Count: 41 as on Aug 31, 2026
- Investors: ParaFi, Electric Capital and 11 Others
- Latest Funding Round: Post IPO, May 26, 2025, $*****
- Highlight: Public
4. Sei
Online platform offering blockchain infrastructure solutions. It offers blockchain layer 1 infrastructure solutions for trading and exchange platform.
Key facts about Sei
- Founded Year: 2021
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $35M
- Employee Count: 24 as on May 31, 2026
- Investors: WAGMI Ventures, Bixin Ventures and 22 Others
- Latest Funding Round: ICO, Jul 11, 2024, $*****
- Highlight: Editors' Pick
5. CUBE3
Provider of real-time fraud prevention solutions for financial systems and platforms. The company offers tools to identify on-chain threats and provide risk scoring. It delivers transaction security, empowering applications to block exploits and risky transactions. The company provides alerts, reports, and automation to respond to cyber risks. It offers integration, documentation, and an API for developers.
Key facts about CUBE3
- Founded Year: 2022
- Location: Palo Alto (United States)
- Stage: Series B
- Total Funding till date: $76.5M
- Employee Count: 74 as on Aug 31, 2026
- Investors: Symbolic Capital, ICLUB and 5 Others
- Latest Funding Round: Series B, Aug 28, 2026, $*****
- Highlight: Editors' Pick
Hypersphere Ventures' Year-on-Year Investment Trends
Hypersphere Ventures has invested in 73 companies over the last 6 years, with an average of 10 new investments annually in the last 5 years. In 2025, it made 5 investments. Its most recent first time investment was in BOB and most recent follow-on round was in Irys.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 4 | 1 | 5 |
2024 | 8 | 2 | 10 |
2023 | 6 | 0 | 6 |
2022 | 28 | 1 | 29 |
2021 | 26 | 4 | 30 |
2020 | 1 | 0 | 1 |
Hypersphere Ventures' Investments by Stage
Hypersphere Ventures has made 50 investments in Seed stage with an average round size of $8.46M, 18 investments in Series A stage with an average round size of $11.3M, 2 investments in Post IPO stage with an average round size of $462M, 2 investments in Series B stage with an average round size of $19M and 1 investment in ICO stage with an average round size of $9M.Stage of entry | No. of Investments |
|---|---|
Seed | 50 |
Series A | 18 |
Post IPO | 2 |
Series B | 2 |
ICO | 1 |
Note: We have considered here, only first round of investments
Hypersphere Ventures' Investments by Sector
Hypersphere 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 66 Tech companies, 60 Blockchain companies, 45 Enterprise (B2B) companies and at least 34 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 58 |
High Tech | 55 |
FinTech | 39 |
Blockchain - Industry Applications | 35 |
Enterprise Applications | 27 |
Others | 41 |
Note: We have considered here, only first round of investments
Hypersphere Ventures' Investments by Geography
Hypersphere Ventures has made most investments in United States (30), followed by Singapore where it has made 8 investments.Country | No. of Investments |
|---|---|
United States | 30 |
Singapore | 8 |
United Kingdom | 7 |
China | 4 |
Canada | 3 |
Others | 19 |
Note: We have considered here, only first round of investments
Hypersphere Ventures' recent investments
Hypersphere Ventures has not made any investment in 2026 so far.Here are the most recent investments by Hypersphere Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 21, 2025 | United Kingdom | Series A | 4183 | [+5] | |
Aug 07, 2025 | United Kingdom | Series A | 2728 | [+10] | |
Aug 05, 2025 | United States | Post IPO | 8136 | [+8] | |
May 26, 2025 | United States | Post IPO | 8223 | [+11] | |
Mar 25, 2025 | United Kingdom | Seed | 2163 | [+3] |
Unicorns in Hypersphere Ventures' Portfolio
Hypersphere Ventures has 3 unicorns in its portfolio - Boba, Axelar and Multichain. The most recent unicorn in their portfolio is Boba. It became a unicorn in 2022.Here is a list of unicorns in Hypersphere Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Decentralized network platform for Ethereum | 2021 | Palo Alto | Series A | ojbbzyy | ||
68 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | hzmfzfu | ||
46 | Cross-chain router protocol for businesses | 2020 | Singapore | Seed | ookzbtw |
IPOs and Publicly Listed companies in Hypersphere Ventures' Portfolio
2 of Hypersphere Ventures' portfolio companies have become public. CEA Industries got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2015 and SharpLink got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Hypersphere Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2015 | Aug 05, 2025 | Post IPO | 9473 | |
May 21, 1997 | May 26, 2025 | Post IPO | 1138 |
Acquired companies in Hypersphere Ventures' Portfolio
5 companies from Hypersphere Ventures' portfolio have been acquired. The most recent acquisition was Light Protocol in Jun 2026 by Helius for $*****.Here are Hypersphere Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2026 | Oct 17, 2022 | Seed | 6639 | |
Oct 23, 2025 | Jun 28, 2022 | Seed | 9054 | |
Jul 02, 2025 | Dec 14, 2023 | Series B | 2000 | |
Nov 20, 2024 | Sep 30, 2022 | Seed | 4041 | |
Aug 29, 2024 | Feb 23, 2022 | Series A | 1846 |
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Team profile of Hypersphere Ventures
Hypersphere Ventures has a team of 5 members including 3 Partners located in United States. Hypersphere Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Hypersphere Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United States | - | - | |
Partner | Chicago | - | ||
Partner | Houston | - | - |
Co-investors of Hypersphere Ventures
Over the past 6 years, 780 investors have co-invested in Hypersphere Ventures's portfolio companies. This includes funds and angels.
- Invested before Hypersphere Ventures: Binance, Mechanism Capital and 123 others have invested in rounds before Hypersphere Ventures. There are 2 companies where Binance has invested before Hypersphere Ventures and 2 companies where Mechanism Capital has invested before Hypersphere Ventures.
- Top Co-investors of Hypersphere Ventures: 493 investors entered a company along with Hypersphere Ventures. These include investors like D1 Ventures (10 companies).
- Invested after Hypersphere Ventures: A total of 162 investors have invested in Hypersphere Ventures's portfolio after their investments. Top Investors include Coinbase (5 companies), CRYPTO (4 companies) and Blockchain Coinvestors (3 companies).
Recent News related to Hypersphere Ventures
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Hyper-investment firm Camp Network secures $30 million in Series A fundingWowtale•Aug 21, 2025•Hyperithm, Paper Ventures, Protagonist, Hypersphere Ventures and 7 others
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Programmable data link Irys completed a US$10 million Series A financing, led by CoinFundPANews•Aug 21, 2025•Breed, Irys, WAGMI Ventures, Hypersphere Ventures and 10 others
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UK blockchain firm BOB raises $21m to power BTC-ETH DeFiTech in Asia•Aug 07, 2025•Sats Ventures, BOB, RockawayX, Ledger and 11 others
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CEA Industries raises $500M led by YZi Labs for BNB treasury strategyThe Block•Aug 05, 2025•YZi Labs, CEA Industries, Binance, Arche Capital and 18 others
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Web3 Platform T-Rex Secures $17M in Pre-Seed FundingThe Block•May 09, 2025•Framework Ventures, Arbitrum, Portal ventures, North Island Ventures and 5 others
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Web3 Rewards Startup T-Rex Secures $17M Pre-Seed FundingNftgators•May 09, 2025•Framework Ventures, Arbitrum, Portal ventures, North Island Ventures and 5 others
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Solana's Restaking Protocol, Fragmetric, Secures $12M Funding to Drive Decentralization and GrowthBitcoin Ethereum News•Mar 26, 2025•Fragmetric Labs, RockawayX, Robvc, Amber Group and 2 others
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TON Foundation Secures $400 Million Investment to Expand Blockchain EcosystemBitcoin Ethereum News•Mar 21, 2025•TON, TON, Sequoia Capital, Ribbit Capital and 10 others
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MEV searcher execution platform Mevvy completes US$2.8 million in seed round financing, led by Multicoin CapitalCnyes•Jan 30, 2025•Mevvy, Multicoin Capital, Chapter One, Hypersphere Ventures
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Execution platform Mevvy raises $2.8 million in seed round led by Multicoin CapitalThe Block•Jan 29, 2025•Mevvy, Multicoin Capital, Chapter One, Hypersphere Ventures
