About Rarestone
Rarestone is a venture capital firm founded in 2020. It is primarily based out of Dubai, United Arab Emirates. As of Jul 2024, Rarestone has invested in 34 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 $***** Seed round of ZAP Overall, Rarestone portfolio has seen 1 unicorn, namely Boba. A lot of funds co-invest with Rarestone, with names like Genblock Capital sharing a substantial percentage of its portfolio. Rarestone has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Unicorns
Portfolio Soonicorns
Rarestone's List of Top Investments
Rarestone has a portfolio of 34 companies, one of which is a Unicorn. Their most notable investments are in Eclipse FI and Farcana.Their portfolio spans across United States, Singapore, United Kingdom and 8 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 7 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Rarestone:
1. Solana
Developer of enterprise infrastructure for issuing assets and digital payments. This platform provides application programming interfaces and tools for tokenization, payment orchestration, and financial transaction settlement. It supports the creation of stablecoins and real-world assets, enabling institutions to facilitate cross-border money transfers and compliant on-chain financial operations. The technology stack includes resources for building decentralized applications, managing network data, and integrating automated agent workflows for various commercial use cases.
Key facts about Solana
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $374M
- Employee Count: 565 as on Aug 31, 2026
- Investors: World Capital Holdings Group, Foundation Capital and 95 Others
- Latest Funding Round: Series C, Jun 09, 2021, $*****
- Highlight: Editors' Pick
2. Mask Network
Provider of encrypted messaging applications. The company provides mask networks that allow encrypting posted content and the users need to decrypt the content to view it. It can be used to receive cryptocurrencies on social networks, bitcoin fundings on twitter, and decentralized file storage and sharing.
Key facts about Mask Network
- Founded Year: 2018
- Location: Champaign (United States)
- Stage: Series A
- Total Funding till date: $5M
- Employee Count: 64 as on Mar 31, 2026
- Investors: Fundamental Labs, SNZ and 43 Others
- Latest Funding Round: Series A, Apr 01, 2021, $*****
- Highlight: Editors' Pick
3. Boba
Decentralized network platform for Ethereum. It provides users with NFT bridging, save gas, and liquidity pools, reduce gas fees, extends the capabilities of smart contracts, improves transaction, and more. It allows developers to build DApps that invoke code executed on web-scale infrastructure such as AWS Lambda.
Key facts about Boba
- Founded Year: 2021
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $45M
- Employee Count: 10 as on Aug 31, 2026
- Investors: Hack VC, 10X Capital and 44 Others
- Latest Funding Round: Series A, Apr 05, 2022, $*****
- Highlight: Editors' Pick
Developer of modular blockchain solutions for zero-knowledge applications and decentralized finance. The organization provides tools and infrastructure for building decentralized applications. It offers resources such as developer documentation, bridges, and staking options. The organization supports an ecosystem of projects with funding and community backing.
Key facts about Manta Network
- Founded Year: 2020
- Location: Boston (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $31.6M
- Employee Count: 24 as on Aug 31, 2026
- Investors: ParaFi, CMS Holdings and 40 Others
- Latest Funding Round: Series A, Jul 20, 2023, $*****
- Highlight: Editors' Pick
Developer of NFT-based PC games. The company has developed a game Cross the ages is an NFT fantasy and science fiction collectible trading game.
Key facts about Cross The Ages
- Founded Year: 2021
- Location: Marseille (France)
- Stage: Series A
- Total Funding till date: $15.5M
- Employee Count: 47 as on Aug 31, 2026
- Investors: Fundamental Labs, MV Global and 22 Others
- Latest Funding Round: Series A, May 15, 2024, $*****
- Highlight: Editors' Pick
Rarestone's Year-on-Year Investment Trends
Rarestone has invested in 34 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. Its most recent first time investment was in ZAP and most recent follow-on round was in Aperture.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 7 | 1 | 8 |
2023 | 2 | 0 | 2 |
2022 | 5 | 0 | 5 |
2021 | 6 | 0 | 6 |
Rarestone's Investments by Stage
Rarestone has made 14 investments in Seed stage with an average round size of $4.57M and 6 investments in Series A stage with an average round size of $18.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 6 |
Note: We have considered here, only first round of investments
Rarestone's Investments by Sector
Rarestone has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, High Tech, Blockchain - Industry Applications and Consumer. Notably, it has invested in 34 Tech companies, 25 Blockchain companies, 19 Consumer (B2C) companies and at least 18 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 15 |
FinTech | 13 |
High Tech | 12 |
Blockchain - Industry Applications | 10 |
Consumer | 6 |
Others | 11 |
Note: We have considered here, only first round of investments
Rarestone's Investments by Geography
Rarestone has made most investments in United States (9), followed by Singapore where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 9 |
Singapore | 4 |
United Arab Emirates | 2 |
Australia | 1 |
France | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Rarestone's recent investments
Rarestone has not made any investment in 2026 so far.Here are the most recent investments by Rarestone:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 12, 2024 | United States | Seed | 1763 | [+5] | |
May 24, 2024 | United States | Series A | 4628 | [+21] | |
May 07, 2024 | Singapore | Series A | 2465 | [+3] | |
Apr 18, 2024 | United States | Seed | 1136 | [+9] | |
Apr 13, 2024 | United States | Seed | 8281 | [+4] |
Unicorns in Rarestone's Portfolio
Rarestone has 1 unicorn in its portfolio - Boba. The most recent unicorn in their portfolio is Boba which became a unicorn in 2022.Here is a list of unicorns in Rarestone's 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 | ryqlolh |
Team profile of Rarestone
Rarestone has a team of 7 members including 4 Partners located in Australia, Switzerland and 1 more location. Rarestone's team does not sit on the board of any company as of now.Here is a list of all team members in Rarestone:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sydney | - | ||
Partner | Geneva | - | ||
Partner | Puerto Rico | - | - | |
Partner | - | - | - |
Co-investors of Rarestone
Over the past 5 years, 234 investors have co-invested in Rarestone's portfolio companies. This includes funds and angels.
- Invested before Rarestone: Edenblock, Fenbushi Capital and 13 others have invested in rounds before Rarestone. There is 1 company where Edenblock has invested before Rarestone and 1 company where Fenbushi Capital has invested before Rarestone.
- Top Co-investors of Rarestone: 191 investors entered a company along with Rarestone. These include investors like Genblock Capital (3 companies).
- Invested after Rarestone: A total of 28 investors have invested in Rarestone's portfolio after their investments. Top Investors include Blockchain Founders Fund (2 companies), Jump Capital (1 company) and Borderless Capital (1 company).
Recent News related to Rarestone
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ZAP Token Protocol Soars to $100 Million Valuation with Latest Funding Round!Bitcoin Ethereum News•Jul 13, 2024•Zap Protocol, Rarestone, Cypher Capital
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Aperture Finance secures Serie-A financing with $ 250 million evaluation for the establishment of an intent-based architecture for DefiFinanzNachrichten•May 30, 2024•Aperture, Skyland Ventures, Blockchain Founders Fund, Krypital Group and 25 others
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Galaxis, Singapore's web3 platform, completes $ 10 million in financingPANews•May 07, 2024•Galaxis, Chainlink, Rarestone, Taisu and 1 other
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KASU secures $3 million for innovative RWA lending platformSubmit Press Release•Jan 11, 2024•Kasu, Woodstock, Morningstar Ventures, Faculty and 10 others
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Ringfence announces $1.5m raise to empower and reward creatorsBitcoin Ethereum News•Jan 10, 2024•Ringfence, Rarestone, Morningstar Ventures, Spark Digital Capital and 2 others
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Ringfence Secures $1.5 Million To Empower and Reward Creators Within the Rise of Ai-Generated Content (AIGC)Thenewscrypto•Jan 09, 2024•Ringfence, Rarestone, Morningstar Ventures, Spark Digital Capital and 2 others
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Eclipse Fi Raises $1.9 Million to Build the First Decentralized Web3 Launch Hub on Cosmos and Leading L2sNewsfile•Dec 26, 2023•Eclipse FI, Big Brain Holdings, Rarestone, NxGen and 12 others
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Element Finance raises $32 million for its DeFi fixed rate protocolTechCrunch+•Oct 20, 2021•Element Finance, Polychain, Republic, Advanced Blockchain and 11 others
