About NxGen
NxGen is a venture capital firm founded in 2021. It is primarily based out of London, United Kingdom. As of Aug 2026, NxGen is an active investor, having invested in 42 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 $***** Series C round of Beldex Overall, NxGen portfolio has seen 1 acquisition, namely Kakarot. A lot of funds co-invest with NxGen, with names like Cogitent sharing a substantial percentage of its portfolio. NxGen has team of 3 people including 1 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Deals in last 12 months
NxGen's List of Top Investments
NxGen has a portfolio of 42 companies. Their most notable investments are in Eclipse FI and Hivello.Their portfolio spans across United States, Australia, Singapore and 14 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 9 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by NxGen:Developer of a platform verifying offchain and onchain financial data. This system integrates blockchain indexing, secure database storage, and zero-knowledge proofs to support financial applications. It allows users to query historical blockchain data and perform cryptographic verification of SQL queries. The platform enables the connection of onchain and offchain datasets to facilitate transparent reporting and data access for financial protocols and systems.
Key facts about Space and Time
- Founded Year: 2022
- Location: Los Angeles (United States)
- Stage: Series A
- Total Funding till date: $50M
- Employee Count: 50 - 199 as on Mar 01, 2026
- Investors: F-Prime Capital, Alliance Venture and 29 Others
- Latest Funding Round: Series A, Aug 27, 2024, $*****
- Highlight: Editors' Pick
2. Uplink
Provider of decentralized wireless internet connectivity through a DePIN platform. It upgrades existing connectivity infrastructure through its platform. The platform expands through a community connecting existing and new internet infrastructure. It facilitates connectivity services between consumers and providers, with verifiers ensuring deployment activity and validators participating in proof verification and blockchain consensus. Holders stake tokens for governance, and alliances support network needs.
Key facts about Uplink
- Founded Year: 2016
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 59 as on Sep 30, 2026
- Investors: Framework Ventures, Stratos and 5 Others
- Latest Funding Round: Series A, Apr 11, 2024, $*****
- Highlight: Editors' Pick
3. Entangle
Developer of liquidity centric sub-layer powering the next generation of cross-chain DeFi applications. It provides users with an infrastructure that offers a blockchain network, distributed oracles, and a cross-chain DEX network. It allows developers to build, scale, and automate the technologies shaping the future of Web3—including AI, robotics, Real World Assets (RWA), and beyond. By providing the essential tools to unify decentralized ecosystems, It offers a critical toolkit for those building the most advanced and transformative products in tomorrow’s decentralized world.
Key facts about Entangle
- Founded Year: 2021
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $4M
- Employee Count: 26 as on Jun 30, 2026
- Investors: Owl Ventures, LBank Labs and 21 Others
- Latest Funding Round: Seed, Mar 22, 2024, $*****
4. NGRAVE
Hardware wallet solution for cryptocurrencies. It allows users to send, receive, and store digital assets through secured networks. The platform supports multiple crypto-assets and offers authentication solutions to restrict access to the platform.
Key facts about NGRAVE
- Founded Year: 2018
- Location: Brussels (Belgium)
- Stage: Series A
- Total Funding till date: $6.49M
- Employee Count: 11 as on Aug 31, 2026
- Investors: EIC Fund, Moonrockcapital and 12 Others
- Latest Funding Round: Series A, Nov 21, 2022, $*****
- Highlight: Editors' Pick
5. Ta-da
AI based content management solution. Its a crowdsourcing platform that links clients seeking task validation with producers and checkers. Through its global community, it specialises in data collecting and validation and offers a variety of activities, including voice recordings, photos, videos, text, and labelling.
Key facts about Ta-da
- Founded Year: 2021
- Location: Metz (France)
- Stage: Series A
- Total Funding till date: $3.5M
- Employee Count: 22 as on Sep 30, 2026
- Investors: KuCoin, Spark Digital Capital and 5 Others
- Latest Funding Round: ICO, Feb 09, 2024, $*****
- Highlight: Editors' Pick
NxGen's Year-on-Year Investment Trends
NxGen has invested in 42 companies over the last 4 years, with an average of 7 new investments annually in the last 3 years. In 2025, it made 1 investment, while as of Aug 2026, it has made 1 investment in this year. Its most recent first time investment was in Beldex.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 14 | 0 | 14 |
2023 | 7 | 0 | 7 |
2022 | 8 | 0 | 8 |
NxGen's Investments by Stage
NxGen has made 25 investments in Seed stage with an average round size of $2.38M, 5 investments in Series A stage with an average round size of $5.81M and 1 investment in Series C stage with an average round size of $8M.Stage of entry | No. of Investments |
|---|---|
Seed | 25 |
Series A | 5 |
Series C | 1 |
Note: We have considered here, only first round of investments
NxGen's Investments by Sector
NxGen 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 40 Tech companies, 33 Blockchain companies, 27 Consumer (B2C) companies and at least 22 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 22 |
High Tech | 21 |
FinTech | 16 |
Blockchain - Industry Applications | 13 |
Enterprise Applications | 7 |
Others | 5 |
Note: We have considered here, only first round of investments
NxGen's Investments by Geography
NxGen has made most investments in United States (8), followed by Australia where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 8 |
Australia | 3 |
United Arab Emirates | 3 |
France | 2 |
Seychelles | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
NxGen's recent investments
NxGen has made 1 investments in 2026 so far - Beldex.Here are the most recent investments by NxGen:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2026 | Seychelles | Series C | 6738 | [+3] | |
Jan 25, 2025 | Germany | Seed | 3776 | [+4] | |
Sep 17, 2024 | Seychelles | Seed | 3653 | [+6] | |
Jun 10, 2024 | Switzerland | Seed | 6249 | [+6] | |
May 15, 2024 | United Arab Emirates | Seed | 3591 | - |
Acquired companies in NxGen's Portfolio
1 company from NxGen's portfolio has been acquired. The most recent acquisition was Kakarot in Nov 2025 by Zama for $*****.Here are NxGen's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 05, 2025 | Nov 14, 2023 | Seed | 9375 |
Team profile of NxGen
NxGen has a team of 3 members located in United Arab Emirates. NxGen's team does not sit on the board of any company as of now.Co-investors of NxGen
Over the past 4 years, 313 investors have co-invested in NxGen's portfolio companies. This includes funds and angels.
- Invested before NxGen: DWF Labs, Block Alpha and 44 others have invested in rounds before NxGen. There is 1 company where DWF Labs has invested before NxGen and 1 company where Block Alpha has invested before NxGen.
- Top Co-investors of NxGen: 239 investors entered a company along with NxGen. These include investors like Cogitent (5 companies).
- Invested after NxGen: A total of 28 investors have invested in NxGen's portfolio after their investments. Top Investors include Consensys (1 company), Greenfield Capital (1 company) and Paper Ventures (1 company).
Recent News related to NxGen
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AI Agent Platform Hybrid Completes Seed Round Financing, Outlier Ventures and Others ParticipateCoinTime•Jan 25, 2025•Hybrid Technologies, Outlier Ventures, NxGen, FollowTheSeed and 3 others
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Ripple Co-Founder Invests in New DeFi ProtocolDutchcryptotalk•Sep 17, 2024•Moonrockcapital, Consensys, Yellow, Ripple and 9 others
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Gas abstraction layer Zyfi closes $2m private funding roundBitcoin Ethereum News•Jun 12, 2024•Zyfi, Everstake Capital, Tenzor Capital, Alpha Praetorian Capital and 5 others
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Swiss zKSync Startup Raises $2 Million to Enhance Gas Abstraction and On-Chain ExperienceCryptonews•Jun 10, 2024•Zyfi, Everstake Capital, Tenzor Capital, Action Potential Venture Capital and 7 others
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Multipool Announces LBP After Raising $650k in VC Round Led By NxGenTechStartups.com•May 15, 2024•Multipool, Nxgen, Fjord, NXGEN and 1 other
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UpLink Raises $10M to Decentralize Internet Access for the MassesAlleyWatch•May 09, 2024•Uplink, Framework Ventures, Blockchange, Outlier Ventures and 3 others
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X21 Digital Leads $3 Million Seed Funding Round for Atomiq DeFiThenewscrypto•Apr 17, 2024•X21 Digital, Atomiq DeFi, Spice Capital, NxGen and 3 others
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Zeko Labs Raises $3M in Pre-seed Funding led by UOB, Signum, and YBB CapitalAlexaBlockchain•Apr 17, 2024•https://zkok.io, UOB, Signum Capital, YBB Foundation and 15 others
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Ethereum Layer 2 blockchain LightLink completed a $6.2 million seed round of financing, with participation from MH Ventures and othersChainCatcher•Apr 04, 2024•LightLink, MH Ventures, NxGen, Animoca Brands and 3 others
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DeFi Protocol Unstable Raises $2.5M, Eyes LRTfi Sector DevelopmentBitcoin Ethereum News•Mar 28, 2024•Unstable, Lattice, Laser Digital, Blockchain Founders Fund and 6 others
