About Permanent Ventures
Permanent Ventures is a venture capital firm founded in 2021. It is primarily based out of Coeur d'Alene, United States. As of Jun 2024, Permanent Ventures has invested in 5 companies. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Blockchain Technology. Most recently it participated in the $***** Seed round of Irys A lot of funds co-invest with Permanent Ventures, with names like Coinbase sharing a substantial percentage of its portfolio.Permanent Ventures' List of All Investments
Permanent Ventures has a portfolio of 5 companies. Their most notable investments are in KYVE and Irys.Their portfolio spans across Germany, Singapore, Switzerland and 2 more locations. They have invested in High Tech, Enterprise Applications, Blockchain Technology and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of all investments by Permanent Ventures:
1. RedStone
Key facts about RedStone
- Founded Year: 2021
- Location: Baar (Switzerland)
- Stage: Series A
- Total Funding till date: $22.9M
- Employee Count: 62 as on Mar 31, 2026
- Investors: b2venture, Cherry Ventures and 37 Others
- Latest Funding Round: Series A, Jul 02, 2024, $*****
- Highlight: Editors' Pick
2. Irys
Key facts about Irys
- Founded Year: 2010
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $20M
- Investors: CoinFund, Tykhe Ventures and 17 Others
- Latest Funding Round: Series A, Aug 21, 2025, $*****
- Highlight: Editors' Pick
3. KYVE
Blockchain based decentralized data lake for data storage. It also offers a decentralized network for data validations. It enables users to store data streams with built in validation. These nodes are built in pools with a focus on archiving a specific data stream.
Key facts about KYVE
- Founded Year: 2021
- Location: Frankfurt Am Main (Germany)
- Stage: Seed
- Total Funding till date: $10M
- Employee Count: 13 as on Jul 01, 2024
- Investors: CMS Holdings, Distributedglobal and 37 Others
- Latest Funding Round: ICO, Aug 07, 2023, $*****
- Highlight: Editors' Pick
4. Meson
Cloud-based CDN networking solution provider. The features include open network access management, monopolized value management, media streaming outbreak management, ideal bandwidth management, storage management, one-click terminal deployment, create and configure dedicated links, automatic network deployment, global acceleration, network feedback management, and etc.
Key facts about Meson
- Founded Year: 2020
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $4.4M
- Employee Count: 8 as on Jul 01, 2024
- Investors: DHVC, Digital Currency Group and 31 Others
- Latest Funding Round: Series A, Mar 18, 2024, $*****
- Highlight: Editors' Pick
5. WeaveDB
Decentralized NoSQL database on Arweave as a smart contract. It enables smart contract transactions to be auto-signed, free, and instant for dApp users, which enables web2-like UX for fully decentralized web3 dApps. It also allows JSON-based functional programming on data, which opens up possibilities for building highly complex dApps with ease.
Key facts about WeaveDB
- Founded Year: 2022
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $900K
- Investors: IOSG Ventures, Arweave and 6 Others
- Latest Funding Round: Seed, Jan 17, 2023, $*****
Permanent Ventures' Year-on-Year Investment Trends
Permanent Ventures has invested in 5 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in WeaveDB and most recent follow-on round was in Irys.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 2 | 0 | 2 |
Permanent Ventures' Investments by Stage
Permanent Ventures has made 4 investments in Seed stage with an average round size of $4.37M and 1 investment in Series A stage with an average round size of $3.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Note: We have considered here, only first round of investments
Permanent Ventures' Investments by Sector
Permanent Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, Enterprise Applications, Enterprise Infrastructure, High Tech and Blockchain - Industry Applications. Notably, it has invested in 5 Enterprise (B2B) companies, 5 Tech companies, 4 Blockchain companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 4 |
Enterprise Applications | 4 |
Enterprise Infrastructure | 4 |
High Tech | 4 |
Blockchain - Industry Applications | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Permanent Ventures' Investments by Geography
Permanent Ventures has made most investments in Germany (1), followed by Singapore where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 1 |
Singapore | 1 |
Switzerland | 1 |
United Arab Emirates | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Permanent Ventures' recent investments
Permanent Ventures has not made any investment in 2026 so far.Here are the most recent investments by Permanent Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 12, 2024 | United Kingdom | Seed | 7586 | [+7] | |
Jan 17, 2023 | United Arab Emirates | Seed | 8661 | [+6] | |
Aug 29, 2022 | Switzerland | Seed | 1462 | [+14] | |
May 04, 2022 | United Kingdom | Seed | 8779 | [+4] | |
Oct 26, 2021 | Germany | Seed | 7319 | [+20] |
Co-investors of Permanent Ventures
Over the past 5 years, 113 investors have co-invested in Permanent Ventures's portfolio companies. This includes funds and angels.
- Invested before Permanent Ventures: Arweave, Bering Waters and 22 others have invested in rounds before Permanent Ventures. There are 2 companies where Arweave has invested before Permanent Ventures and 2 companies where Bering Waters has invested before Permanent Ventures.
- Top Co-investors of Permanent Ventures: 51 investors entered a company along with Permanent Ventures. These include investors like Coinbase (2 companies).
- Invested after Permanent Ventures: A total of 38 investors have invested in Permanent Ventures's portfolio after their investments. Top Investors include IOSG Ventures (2 companies), Amber Group (2 companies) and Stani Kulechov (1 company).
Recent News related to Permanent Ventures
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Bundlr Network Raises a $5.2 Million Seed Round to Build an Easier, Faster Way to Store Data on Web3PR Newswire•May 04, 2022•Irys, Framework Ventures, Arweave, Hypersphere Ventures and 5 others
