About Twohop
Twohop is a venture capital firm founded in 2018. It is primarily based out of Amsterdam, Netherlands. As of Feb 2023, Twohop has invested in 11 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 Enterprise Applications. Most recently it participated in the $***** Seed round of STAS token Overall, Twohop portfolio has seen 1 acquisition, namely HandCash. A lot of funds co-invest with Twohop, with names like Calvin Ayre sharing a substantial percentage of its portfolio. Twohop has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Twohop's List of Top Investments
Twohop has a portfolio of 11 companies. Their most notable investments are in mintBlue and STAS token.Their portfolio spans across Netherlands, United States, Singapore and 3 more locations. They have invested in Blockchain Technology, High Tech, Enterprise Applications and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Twohop:
1. Centbee
App-based cold wallet for cryptocurrency. It allows users to send, receive, and store cryptocurrency. It offers fund transfers from a bank account or retail lanes. It offers other services including merchant payments, cross-border remittances, and more. It is available on Android and iOS platforms.
Key facts about Centbee
- Founded Year: 2016
- Location: Sandton (South Africa)
- Stage: Series A
- Total Funding till date: $2.27M
- Employee Count: 2 as on May 31, 2026
- Investors: Ayre Group, CoinGeek and 4 Others
- Latest Funding Round: Series A, Dec 23, 2022, $*****
- Highlight: Editors' Pick

2. HandCash
App-based crypto wallet for contactless payments. The users need to register their handle or username to receive tips and payments. It provides QR scanner for payments request, paper wallets, and BCH addresses. Allow users to backup the wallet on Google Drive and iCloud. The app is available on Android and iOS platforms.
Key facts about HandCash
- Founded Year: 2018
- Location: Madrid (Spain)
- Stage: Acquired
- Employee Count: 5 as on May 31, 2026
- Investors: Unbounded Capital, Twohop and 1 Other
- Latest Funding Round: Seed, Jun 23, 2020, $*****
- Highlight: Acquired

3. Vaionex
Key facts about Vaionex
- Founded Year: 2016
- Location: Newark (United States)
- Stage: Seed
- Total Funding till date: $1.23M
- Employee Count: 21 as on May 31, 2026
- Investors: Ayre Group and Twohop
- Latest Funding Round: Seed, Jun 13, 2022, $*****
4. BikeFair
Online marketplace offering used bicycles. The user can buy or sell the bicycle on the same platform. The bicycle types include mountain/tour, city, cruiser, cargo, and more. It also offers accessories including lights, phone mounts, tire repair kits, and more.
Key facts about BikeFair
- Founded Year: 2019
- Location: Assen (Netherlands)
- Stage: Seed
- Employee Count: 11 as on May 31, 2026
- Investors: Twohop and Teshuva Capital
- Latest Funding Round: Seed, Mar 07, 2021, $*****
5. Pixel Wallet
Key facts about Pixel Wallet
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Seed
- Investors: Ayre Group, Twohop and 3 Others
- Latest Funding Round: Angel, Sep 26, 2019, $*****
Twohop's Year-on-Year Investment Trends
Twohop has invested in 11 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in STAS token.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 2 | 0 | 2 |
Twohop's Investments by Stage
Twohop has made 4 investments in Seed stage with an average round size of $2.2M and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Note: We have considered here, only first round of investments
Twohop's Investments by Sector
Twohop has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, Blockchain - Industry Applications, Enterprise Applications and FinTech. Notably, it has invested in 9 Tech companies, 7 Blockchain companies, 7 Enterprise (B2B) companies and at least 6 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 5 |
High Tech | 4 |
Blockchain - Industry Applications | 2 |
Enterprise Applications | 2 |
FinTech | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
Twohop's Investments by Geography
Twohop has made most investments in United States (2), followed by Netherlands where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Netherlands | 1 |
South Africa | 1 |
Spain | 1 |
Note: We have considered here, only first round of investments
Twohop's recent investments
Twohop has not made any investment in 2026 so far.Here are the most recent investments by Twohop:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 08, 2023 | United States | Seed | 8127 | - | |
Mar 10, 2022 | Netherlands | Seed | 6879 | ||
Feb 16, 2021 | United States | Seed | 7685 | - | |
Jun 23, 2020 | Spain | Seed | 8510 | [+1] | |
Feb 21, 2020 | South Africa | Series A | 1383 | - |
Acquired companies in Twohop's Portfolio
1 company from Twohop's portfolio has been acquired. The most recent acquisition was HandCash in May 2018 by nChain for $*****.Here are Twohop's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 21, 2018 | Jun 23, 2020 | Seed | 4411 |
Team profile of Twohop
Twohop has a team of 1 member located in Netherlands. Twohop's team sits on the board of 1 company.Co-investors of Twohop
Over the past 6 years, 7 investors have co-invested in Twohop's portfolio companies. This includes funds and angels.
- Invested before Twohop: nChain, Calvin Ayre and 1 other have invested in rounds before Twohop. There is 1 company where nChain has invested before Twohop and 1 company where Calvin Ayre has invested before Twohop.
- Top Co-investors of Twohop: 3 investors entered a company along with Twohop. These include investors like Calvin Ayre (1 company).
- Invested after Twohop: Ayre Group (2 companies) is the only investor which has invested in Twohop's portfolio after their investments.
Recent News related to Twohop
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Bitcoin Wallet HandCash Secures Further FundingPR Newswire•Jun 23, 2020•HandCash, eGifter, Anypay, Twohop and 1 other
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