About Spark Digital Capital
Spark Digital Capital is a venture capital firm founded in 2017. It is primarily based out of New York City, United States. As of Oct 2025, Spark Digital Capital is an active investor, having invested in 63 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 $***** Seed round of DeepSafe A lot of funds co-invest with Spark Digital Capital, with names like AU21 Capital sharing a substantial percentage of its portfolio. Spark Digital Capital has team of 4 people including 3 partners.Key Metrics
Spark Digital Capital's List of Top Investments
Spark Digital Capital has a portfolio of 63 companies. Their most notable investments are in Raze Network and Razor Network.Their portfolio spans across United States, Singapore, China and 19 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 10 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Spark Digital Capital:1. Avail
Web3 infrastructure layer platform. It offers a modular blockchain with a data availability layer to manage blockchain networks. It offers an essential base layer for application development. It enables businesses to address rollup fragmentation by unifying rollups and chains.
Key facts about Avail
- Founded Year: 2023
- Location: Dubai (United Arab Emirates)
- Stage: Series A
- Total Funding till date: $75M
- Employee Count: 52 as on Jun 30, 2026
- Investors: Founders Fund, Altos Ventures Management and 19 Others
- Latest Funding Round: Series A, Jun 04, 2024, $*****
- Highlight: Editors' Pick
2. 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, Peak XV Partners and 22 Others
- Latest Funding Round: ICO, Mar 09, 2022, $*****
3. BitsCrunch
Blockchain infrastructure for NFT trading. It is an AI-enabled decentralized blockchain data analytics and forensics company focusing on multi-chain insights for NFTs and digital assets. It utilizes artificial intelligence and machine learning to secure the NFT ecosystem.
Key facts about BitsCrunch
- Founded Year: 2019
- Location: Vellore (India)
- Stage: Series A
- Total Funding till date: $6.75M
- Employee Count: 27 as on Jun 30, 2026
- Investors: Animoca Brands, Tykhe Ventures and 20 Others
- Latest Funding Round: ICO, Feb 20, 2024, $*****
- Highlight: Editors' Pick
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: 13 as on Jun 30, 2026
- Investors: Moonrockcapital, Woodstock and 12 Others
- Latest Funding Round: Series A, Nov 21, 2022, $*****
- Highlight: Editors' Pick
Decentralized lending protocol built on Merlin Chain. It features a lending protocol with an isolation pool mechanism supporting a range of assets, a derivatives exchange built upon the lending protocol foundation, facilitating trading of liquid assets, and an overcollateralized algorithmic stablecoin leveraging the lending protocol to optimize capital efficiency for users.
Key facts about Avalon Finance
- Founded Year: 2024
- Location: Road Town (British Virgin Islands)
- Stage: Series A
- Total Funding till date: $11.5M
- Investors: CE Innovation Capital, Summer Capital and 11 Others
- Latest Funding Round: Series A, May 27, 2025, $*****
- Highlight: Editors' Pick
Spark Digital Capital's Year-on-Year Investment Trends
Spark Digital Capital has invested in 63 companies over the last 6 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in DeepSafe and most recent follow-on round was in Dmail.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 8 | 0 | 8 |
2023 | 1 | 1 | 2 |
2022 | 12 | 0 | 12 |
2021 | 30 | 1 | 31 |
2020 | 5 | 0 | 5 |
Spark Digital Capital's Investments by Stage
Spark Digital Capital has made 43 investments in Seed stage with an average round size of $2.55M, 12 investments in Series A stage with an average round size of $9.79M and 2 investments in Angel stage with an average round size of $22M.Stage of entry | No. of Investments |
|---|---|
Seed | 43 |
Series A | 12 |
Angel | 2 |
Note: We have considered here, only first round of investments
Spark Digital Capital's Investments by Sector
Spark Digital Capital has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, High Tech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 56 Tech companies, 55 Blockchain companies, 33 Consumer (B2C) companies and at least 33 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 49 |
FinTech | 37 |
High Tech | 37 |
Blockchain - Industry Applications | 34 |
Enterprise Applications | 18 |
Others | 35 |
Note: We have considered here, only first round of investments
Spark Digital Capital's Investments by Geography
Spark Digital Capital has made most investments in United States (16), followed by Singapore where it has made 11 investments.Country | No. of Investments |
|---|---|
United States | 16 |
Singapore | 11 |
China | 5 |
United Kingdom | 3 |
Australia | 2 |
Others | 20 |
Note: We have considered here, only first round of investments
Spark Digital Capital's recent investments
Spark Digital Capital has not made any investment in 2026 so far.Here are the most recent investments by Spark Digital Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 29, 2025 | United States | Seed | 4228 | [+6] | |
Sep 30, 2024 | United States | Series A | 1633 | [+8] | |
Sep 19, 2024 | China | Seed | 8070 | [+5] | |
Jun 04, 2024 | United Arab Emirates | Series A | 1530 | [+16] | |
Apr 03, 2024 | Singapore | Series A | 5540 | [+9] |
Team profile of Spark Digital Capital
Spark Digital Capital has a team of 4 members including 3 Partners and 1 Principal located in United States. Spark Digital Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Spark Digital Capital:
Co-investors of Spark Digital Capital
Over the past 6 years, 473 investors have co-invested in Spark Digital Capital's portfolio companies. This includes funds and angels.
- Invested before Spark Digital Capital: Binance, Founders Fund and 53 others have invested in rounds before Spark Digital Capital. There are 2 companies where Binance has invested before Spark Digital Capital and 1 company where Founders Fund has invested before Spark Digital Capital.
- Top Co-investors of Spark Digital Capital: 375 investors entered a company along with Spark Digital Capital. These include investors like AU21 Capital (13 companies).
- Invested after Spark Digital Capital: A total of 43 investors have invested in Spark Digital Capital's portfolio after their investments. Top Investors include CoinSwitch (2 companies), Bixin Ventures (2 companies) and Cypher Capital (1 company).
Recent News related to Spark Digital Capital
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Polygon Spinoff Avail Raises $43M in Series A FundingCoinDesk•Jun 04, 2024•Avail, Founders Fund, DRAGONFLY, CyberFund and 25 others
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dappOS Raises $15.3M in Series A FundingFinSMEs•Apr 03, 2024•DappOS, Polychain, Nomad Capital, Flow Traders and 5 others
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Avalon Finance get $1.5 Million in Seed Funding to Enhance DeFi LendingBitcoin Ethereum News•Mar 16, 2024•Avalon Finance, Merlin Chain, SNZ, Summer Capital 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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Ta-da announces a $3.5 million raise to develop infrastructure and expand operationsBitcoin Insider•Jan 09, 2024•Ta-da, Spark Digital Capital, NxGen, X Ventures and 4 others
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CharacterX Raises $2.8M in Seed FundingFinSMEs•Jan 08, 2024•, Fermion Capital, Globalreporting, ZC Capital and 5 others
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Web3 Tech Startup Secures $X Million in Funding for AI and Blockchain IntegrationBEAMSTART•Jan 07, 2024•Lightspeed Venture Partners, INCE Capital, Spark Digital Capital, Fermion Capital and 6 others
