About Solar Eco Fund
Solar Eco Fund is a venture capital firm founded in 2021. It is primarily based out of British Virgin Islands, United Kingdom. As of May 2022, Solar Eco Fund has invested in 18 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 $***** Unattributed round of Amulet A lot of funds co-invest with Solar Eco Fund, with names like Gate.io sharing a substantial percentage of its portfolio.Key Metrics
Solar Eco Fund's List of Top Investments
Solar Eco Fund has a portfolio of 18 companies. Their most notable investments are in Chain Crisis and Project SEED.Their portfolio spans across United States, Singapore, Vietnam and 9 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 6 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Solar Eco Fund:
1. STEPN
Provider of move-to-earn game-based solutions for health and wellness. It is a Web3 lifestyle app that rewards users with cryptocurrency tokens for physical activities such as walking, jogging, and running outdoors, using NFT sneakers to gamify fitness.
Key facts about STEPN
- Founded Year: 2004
- Location: Sydney (Australia)
- Stage: Seed
- Total Funding till date: $5M
- Employee Count: 45 as on May 31, 2026
- Investors: Corner Ventures, 6MV and 22 Others
- Latest Funding Round: ICO, Mar 09, 2022, $*****
2. Amulet
Insurance protocol for DeFi . The company offers P2P insurance solutions for smart contracts, stable coin de-peg and NFTs.
Key facts about Amulet
- Founded Year: 1999
- Location: Singapore (Singapore)
- Stage: Early Stage
- Total Funding till date: $6M
- Employee Count: 18 as on May 31, 2026
- Investors: Republic Capital, UOB and 19 Others
- Latest Funding Round: ICO, Jan 23, 2024, $*****
- Highlight: Editors' Pick
3. Project SEED
Developer of block-chain-based role-playing games. The game developed by the company includes Outland Odyssey a play-and-earn steampunk action RPG to explore, fight, and become the true hero in an epic metaverse. The game is available for android platforms.
Key facts about Project SEED
- Founded Year: 2020
- Location: Jakarta (Indonesia)
- Stage: Series A
- Total Funding till date: $3.1M
- Investors: Solar Eco Fund, Basics Capital and 9 Others
- Latest Funding Round: ICO, Nov 09, 2021, $*****
4. Parrot
DeFi network built on Solana. It include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. These are all use cases designed to solve one single problem- making value locked in DeFi systems accessible. It is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens.
Key facts about Parrot
- Founded Year: 2021
- Location: Finland
- Stage: Seed
- Total Funding till date: $5M
- Investors: Alameda Research, NGC Ventures and 10 Others
- Latest Funding Round: ICO, Oct 18, 2021, $*****
- Highlight: Editors' Pick
5. RaceFi
Provider of an AI and blockchain-based fantasy car racing platform. It offers a fantasy car racing platform that enables players to build a racing community and participate in events. Its features include multiple games and race modes, leaderboard view, reward and contract management.
Key facts about RaceFi
- Founded Year: 2021
- Location: Vietnam
- Stage: Seed
- Total Funding till date: $2.9M
- Employee Count: 2 as on May 31, 2026
- Investors: RR2 Capital, Shima Capital and 22 Others
- Latest Funding Round: ICO, Dec 09, 2021, $*****
Solar Eco Fund's Year-on-Year Investment Trends
Solar Eco Fund has invested in 18 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 Amulet.Solar Eco Fund's Investments by Stage
Solar Eco Fund has made 13 investments in Seed stage with an average round size of $3.47M, 4 investments in Series A stage with an average round size of $3.68M and 1 investment in Unattributed stage with an average round size of $6M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 4 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Solar Eco Fund's Investments by Sector
Solar Eco Fund has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, Blockchain - Industry Applications, FinTech and Gaming. Notably, it has invested in 18 Tech companies, 15 Consumer (B2C) companies, 13 Blockchain companies and at least 11 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 14 |
High Tech | 14 |
Blockchain - Industry Applications | 12 |
FinTech | 12 |
Gaming | 7 |
Others | 14 |
Note: We have considered here, only first round of investments
Solar Eco Fund's Investments by Geography
Solar Eco Fund has made most investments in United States (4), followed by Singapore where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 4 |
Singapore | 3 |
Vietnam | 3 |
Australia | 1 |
Finland | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Solar Eco Fund's recent investments
Solar Eco Fund has not made any investment in 2026 so far.Here are the most recent investments by Solar Eco Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 16, 2022 | Singapore | Unattributed | 6340 | [+18] | |
Feb 16, 2022 | Singapore | Seed | 1871 | [+3] | |
Jan 25, 2022 | United States | Seed | 5039 | [+8] | |
Jan 20, 2022 | Vietnam | Series A | 9611 | [+4] | |
Jan 20, 2022 | Australia | Seed | 9429 | [+14] |
Co-investors of Solar Eco Fund
Over the past 5 years, 169 investors have co-invested in Solar Eco Fund's portfolio companies. This includes funds and angels.
- Top Co-investors of Solar Eco Fund: 169 investors entered a company along with Solar Eco Fund. These include investors like Gate.io (5 companies).
Recent News related to Solar Eco Fund
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Sui Ecological Social Graph Protocol Releap Completes $2.1 Million FinancingCoincu Financial Group•Jul 25, 2023•MoveBit, Solar Eco Fund, Impossible Finance, DWeb3 Capital and 7 others
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Solana-based ARPG Eizper Chain raises $2 million from seed round and private NFT saleTechStartups.com•Mar 15, 2022•Eizper Chain, Alameda Research, Huobi, CRYPTO and 4 others
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Space Falcon Raises $4M to Launch a New Era in Blockchain GamingGlobeNewswire•Jan 20, 2022•Space Falcon, Solar Eco Fund, Momentum 6, Maven Capital Partners and 8 others
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Banksea Finance Announces the Completion of Its Multi-million Dollar Strategic FundraisingGlobeNewswire•Jan 13, 2022•Banksea, PetRock Capital, MEXC Global, RioChain and 10 others
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Starbots Raises $2.4 Million for its robot battle NFT game.GlobeNewswire•Jan 04, 2022•Starbots, Impossible Finance, DeFi Alliance, Solar Eco Fund and 11 others
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DarleyGo’s Seed Round to Accelerate Game Development with New Investors - Smart Liquidity NetworkSmartliquidity•Jan 03, 2022•DarleyGo, Jump Capital, Waterdrip Capital, GBV Capital and 5 others
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RaceFi Raises $2.9M to Bring a Play-to-Earn Racing Experience to SolanaGlobeNewswire•Dec 02, 2021•RaceFi, Exnetwork Capital, Genblock Capital, Solar Eco Fund and 18 others
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Seeded Network Raises $1.25 Million to Develop a Project Incubator Leveraging Defi on SolanaGlobeNewswire•Nov 19, 2021•Seeded Network, Solar Eco Fund, X21 Digital, Athena X Ventures and 29 others
