About Metaplanet
Metaplanet is a venture capital firm founded in 2011. It is primarily based out of Tallinn, Estonia. As of Jul 2025, Metaplanet is an active investor, having invested in 184 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Series A round of Vok Bikes Overall, Metaplanet portfolio has seen 12 unicorns, 3 IPOs and 11 acquisitions including key companies like Substack, Oura and CoinList. A lot of funds co-invest with Metaplanet, with names like Protocol Labs sharing a substantial percentage of its portfolio. Metaplanet has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Metaplanet's List of Top Investments
Metaplanet has a portfolio of 184 companies, including 12 unicorns. Their most notable investments are in DTE AI and Sequential Bio.Their portfolio spans across United States, United Kingdom, Estonia and 20 more locations. They have invested in High Tech, Enterprise Applications, Life Sciences and 32 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Metaplanet:1. Substack
Substack is a publishing platform that enables independent writers to create and distribute their own newsletters to a global audience, offering a self-serve model for content creation and monetization.
Key facts about Substack
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $190M
- Employee Count: 3,129 as on Mar 31, 2026
- Investors: TriplePoint Capital, FCVC and 33 Others
- Latest Funding Round: Series C, Jul 17, 2025, $*****
- Highlight: Editors' Pick
2. Anthropic
Platform offering conversational chatbot and research services. It is an AI research and safety company offering AI models and chatbots. Its chatbot can be used for multiple industries including customer support, legal support, coaching, searching data, back-office automation, and sales.
Key facts about Anthropic
- Founded Year: 2021
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $67.3B
- Employee Count: 4,954 as on Mar 31, 2026
- Investors: Fidelity Investments, Sapphire Ventures and 88 Others
- Latest Funding Round: Series G, Feb 12, 2026, $*****
- Highlight: Editors' Pick

3. Oura
Developer of smart ring providing health metrics and personalized recommendations. The ring is designed for comfortable wear, collecting health metrics and insights. It focuses on sleep, wellness, activity, heart health, and women's health. The device offers personalized data to assist users in making informed decisions regarding their well-being.
Key facts about Oura
- Founded Year: 2013
- Location: Oulu (Finland)
- Annual Revenue: €367M as on Sep 30, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.32B
- Employee Count: 1,268 as on Mar 31, 2026
- Investors: Fidelity Investments, Temasek and 69 Others
- Latest Funding Round: Series E, Oct 14, 2025, $*****
- Highlight: Editors' Pick

4. SpaceX
Provider of reusable space launch vehicles for large payloads. It provides users with a platform that designs, manufactures, and launches advanced rockets and spacecraft and offer a range of services including satellite internet systems and missions to Mars. It also provides users with a trunk attached to the spacecraft, a parachute system, multiple engines, and oxygen-based propellants.
Key facts about SpaceX
- Founded Year: 2002
- Location: Hawthorne (United States)
- Valuation: $*****
- Stage: Series J
- Total Funding till date: $11.9B
- Employee Count: 18,154 as on Feb 28, 2026
- Investors: equitywestsecurities.com, TrueBridge and 238 Others
- Latest Funding Round: Series J, Jan 21, 2025, $*****
- Highlight: Editors' Pick

5. CoinList
App-based trading platform for cryptocurrency. Its features include buying and selling crypto assets, depositing crypto, transferring crypto assets, and more. It also enables users to purchase crypto assets through token sales. The app is available on Android and iOS devices.
Key facts about CoinList
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $119M
- Employee Count: 77 as on Mar 31, 2026
- Investors: Rising Tide Fund, Maven Ventures and 36 Others
- Latest Funding Round: Series A, Oct 26, 2021, $*****
- Highlight: Editors' Pick
Metaplanet's Year-on-Year Investment Trends
Metaplanet has invested in 184 companies over the last 7 years, with an average of 13 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Parallel Bio and most recent follow-on round was in Vok Bikes.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 2 | 3 |
2024 | 12 | 5 | 17 |
2023 | 9 | 3 | 12 |
2022 | 22 | 4 | 26 |
2021 | 21 | 3 | 24 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
Metaplanet's Investments by Stage
Metaplanet has made 31 investments in Seed stage with an average round size of $6.06M, 23 investments in Series A stage with an average round size of $20M, 11 investments in Series B stage with an average round size of $44.4M, 2 investments in Series C stage with an average round size of $55.8M and 1 investment in Series D stage with an average round size of $200M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 23 |
Series B | 11 |
Series C | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Metaplanet's Investments by Sector
Metaplanet has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Sustainability Tech, Environment Tech and Life Sciences. Notably, it has invested in 170 Tech companies, 142 Enterprise (B2B) companies, 98 Software companies and at least 42 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 32 |
Enterprise Applications | 27 |
Sustainability Tech | 17 |
Environment Tech | 14 |
Life Sciences | 14 |
Others | 105 |
Note: We have considered here, only first round of investments
Metaplanet's Investments by Geography
Metaplanet has made most investments in United States (30), followed by United Kingdom where it has made 17 investments.Country | No. of Investments |
|---|---|
United States | 30 |
United Kingdom | 17 |
Estonia | 5 |
Finland | 2 |
Greece | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Metaplanet's recent investments
Metaplanet has not made any investment in 2026 so far.Here are the most recent investments by Metaplanet:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 02, 2025 | Estonia | Series A | 5406 | [+3] | |
Jun 12, 2025 | United States | Series A | 5568 | [+6] | |
Feb 19, 2025 | Lithuania | Series A | 1540 | [+3] | |
Nov 12, 2024 | United Kingdom | Seed | 9433 | [+1] | |
Sep 23, 2024 | United States | Series A | 4216 | [+5] |
Unicorns in Metaplanet's Portfolio
Metaplanet has 12 unicorns in its portfolio - Zyphra, Substack, Zama and others. The most recent unicorn in their portfolio is Zyphra. It became a unicorn in 2025.Here is a list of unicorns in Metaplanet's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Developer of multimodal artificial intelligence models, learning algorithms, and systems | 2020 | San Francisco | Series A | jpzkbkv | ||
85 | Platform allowing writers to publish and monetize their content directly with readers. | 2017 | San Francisco | Series C | caandvj | ||
49 | Developer of protocol enabling confidential smart contracts on any blockchain | 2019 | Paris | Series B | avr{xhe | ||
63 | Developer of AI-powered automation for software workflows and digital assistants | 2017 | San Francisco | Series B | zwkjzpe | ||
64 | Provider of underground transportation management solutions | 2016 | Bastrop | Series C | vmqpnmu |
IPOs and Publicly Listed companies in Metaplanet's Portfolio
3 of Metaplanet's portfolio companies have become public. BillionToOne got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Nov 2025 at marketcap of $2.41B and Frontier Developments got listed on the London Stock Exchange (LSE) at marketcap of $72.4M.Here are Metaplanet's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 06, 2025 | - | - | 4882 | |
Jul 15, 2013 | - | - | 4636 | |
Feb 28, 2011 | - | - | 4415 |
Acquired companies in Metaplanet's Portfolio
11 companies from Metaplanet's portfolio have been acquired. The most recent acquisition were Faculty in Jan 2026 by Accenture.Here are Metaplanet's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 06, 2026 | - | - | 7433 | |
Oct 30, 2025 | Apr 26, 2021 | Seed | 9803 | |
Sep 03, 2024 | - | - | 3439 | |
Jul 23, 2024 | May 24, 2022 | Seed | 7229 | |
Nov 03, 2023 | - | - | 4266 |
Team profile of Metaplanet
Metaplanet has a team of 4 members including 3 Partners located in Estonia and Canada. Metaplanet's team does not sit on the board of any company as of now.Here is a list of all team members in Metaplanet:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | - | - | |
Partner | Tallinn | - | ||
Partner | Estonia | - | - |
Co-investors of Metaplanet
Over the past 7 years, 646 investors have co-invested in Metaplanet's portfolio companies. This includes funds and angels.
- Invested before Metaplanet: Y Combinator, Europa and 198 others have invested in rounds before Metaplanet. There are 17 companies where Y Combinator has invested before Metaplanet and 5 companies where Europa has invested before Metaplanet.
- Top Co-investors of Metaplanet: 295 investors entered a company along with Metaplanet. These include investors like Protocol Labs (4 companies).
- Invested after Metaplanet: A total of 151 investors have invested in Metaplanet's portfolio after their investments. Top Investors include NordicNinja (3 companies), Karma Ventures (2 companies) and Overlap Holdings (2 companies).
Recent News related to Metaplanet
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MetaPlanet Secures $255 Million in Funding, May Acquire Over 3,800 BTCCoinTime•Mar 31, 2026•Metaplanet
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Metaplanet Creates Two Subsidiaries to Aid Bitcoin USD IntegrationCoinspeaker•Mar 12, 2026•Metaplanet
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Metaplanet CEO Defends Bitcoin Strategy and Transparency Amidst CriticismCoinDesk•Feb 20, 2026•Metaplanet
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Metaplanet Plans $137M Capital Raise to Fund Bitcoin Buying and Cut DebtBitcoin Insider•Jan 29, 2026•Metaplanet
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