About Tykhe Ventures
Tykhe Ventures is a venture capital firm founded in 2021. It is primarily based out of Bilbao, Spain. As of Mar 2026, Tykhe Ventures is an active investor, having invested in 51 companies, with 2 new investments 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 High Tech to Blockchain Technology and Enterprise Applications. Most recently it participated in the $***** Seed round of OpenBox AI Overall, Tykhe Ventures portfolio has seen 2 unicorns, 4 IPOs and 5 acquisitions including key companies like Urban Company, Shadowfax and CoinSwitch. A lot of funds co-invest with Tykhe Ventures, with names like Node Capital sharing a substantial percentage of its portfolio. Tykhe Ventures has team of 7 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Tykhe Ventures' List of Top Investments
Tykhe Ventures has a portfolio of 51 companies, including 2 unicorns. Their most notable investments are in nftperp and Asigna.Their portfolio spans across United States, India, Singapore and 12 more locations. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 17 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Tykhe Ventures:
Provider of home maintenance repair and personal care service professionals. This business facilitates the booking of technicians for appliance repair, plumbing, electrical work, and cleaning tasks. It also connects individuals with practitioners for salon, spa, and grooming treatments performed at residential addresses. The service model coordinates scheduling for various household maintenance and wellness requirements.
Key facts about Urban Company
- Founded Year: 2014
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $376M
- Employee Count: 2,111 as on Mar 31, 2026
- Investors: ABG Capital, Dragoneer Investment Group and 51 Others
- Latest Funding Round: Angel, Jun 29, 2022, $*****
- Highlight: Public
2. Shadowfax
Logistics solutions for express deliveries. It offers services, including same-day delivery, next-day delivery, and instant delivery. It provides solutions for e-commerce, D2C businesses, SMEs, and personal courier needs. It also offers technology-driven tools for route optimization and fraud detection. It also provides intercity parcel delivery, reverse logistics, same-day and next-day delivery options, and fulfillment services.
Key facts about Shadowfax
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $246M
- Employee Count: 3,545 as on Mar 31, 2025
- Investors: Qualcomm Ventures, Innoven Capital and 32 Others
- Latest Funding Round: Series F, Jan 28, 2025, $*****
- Highlight: Public
3. Ripple
Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody. The company offers payments, custody, and stablecoin solutions. These solutions enable the integration of blockchain and digital assets. The company aims to provide a simple, secure, and compliant way to modernize financial infrastructure.
Key facts about Ripple
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $853M
- Employee Count: 2,261 as on Sep 30, 2026
- Investors: 2020 Ventures, 27th Street Capital and 106 Others
- Latest Funding Round: Conventional Debt, Aug 18, 2026, $*****
- Highlight: Editors' Pick
4. 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
5. CoinSwitch
Broker-based online crypto trading and exchange platform. It enables users to buy, sell, and trade a wide range of digital assets using Indian Rupees. It aggregates liquidity from multiple crypto exchanges to present competitive real-time pricing and unified portfolio management. Its services include spot trading, futures contracts with leverage, systematic investment plans, and automated trading bots suited for both novice and advanced users. It provides secure infrastructure, encryption protocols, and proof-of-reserve practices to enhance fund safety. Trading tools include limit orders, charting interfaces through integrations, and API access for automation workflows.
Key facts about CoinSwitch
- Founded Year: 2017
- Location: Chennai (India)
- Annual Revenue: $10M - $50M as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $302M
- Employee Count: 289 as on Aug 31, 2025
- Investors: Ribbit Capital, Groundupp Ventures and 13 Others
- Latest Funding Round: Series C, Oct 06, 2021, $*****
- Highlight: Editors' Pick
Tykhe Ventures' Year-on-Year Investment Trends
Tykhe Ventures has invested in 51 companies over the last 4 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in OpenBox AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 4 | 0 | 4 |
2024 | 6 | 0 | 6 |
2023 | 3 | 0 | 3 |
2022 | 5 | 0 | 5 |
Tykhe Ventures' Investments by Stage
Tykhe Ventures has made 14 investments in Seed stage with an average round size of $4.24M, 4 investments in Series A stage with an average round size of $6.52M and 1 investment in Series B stage with an average round size of $21M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
Tykhe Ventures' Investments by Sector
Tykhe Ventures has a diverse portfolio, with companies operating in the High Tech, Blockchain Technology, FinTech, Enterprise Applications and Blockchain - Industry Applications. Notably, it has invested in 49 Tech companies, 38 Enterprise (B2B) companies, 26 Blockchain companies and at least 24 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 14 |
Blockchain Technology | 13 |
FinTech | 10 |
Enterprise Applications | 6 |
Blockchain - Industry Applications | 5 |
Others | 12 |
Note: We have considered here, only first round of investments
Tykhe Ventures' Investments by Geography
Tykhe Ventures has made most investments in United States (5), followed by India where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 5 |
India | 3 |
United Arab Emirates | 2 |
United Kingdom | 2 |
Bulgaria | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Tykhe Ventures' recent investments
Tykhe Ventures has made 1 investments in 2026 so far - OpenBox AI.Here are the most recent investments by Tykhe Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 31, 2026 | United States | Seed | 7010 | - | |
Nov 04, 2025 | India | Seed | 9995 | [+5] | |
Aug 21, 2025 | United Kingdom | Series A | 4150 | [+5] | |
May 27, 2025 | United States | Seed | 8289 | [+2] | |
Apr 29, 2025 | - | Series B | 2023 | [+30] |
Unicorns in Tykhe Ventures' Portfolio
Tykhe Ventures has 2 unicorns in its portfolio - CoinSwitch and Cabify. The most recent unicorn in their portfolio is CoinSwitch. It became a unicorn in 2021, 5 years before Tykhe Ventures first invested in it.Here is a list of unicorns in Tykhe Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
76 | Broker-based online crypto trading and exchange platform | 2017 | Chennai | Series C | kqlhffb | ||
73 | Provider of ride-hailing, taxi, and delivery services via a mobile application | 2011 | Madrid | Series E | fgwjygo |
IPOs and Publicly Listed companies in Tykhe Ventures' Portfolio
4 of Tykhe Ventures' portfolio companies have become public. Shadowfax got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Jan 2026 at marketcap of $782M and Urban Company got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $1.69B.Here are Tykhe Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 28, 2026 | - | - | 2151 | |
Sep 17, 2025 | - | - | 5992 | |
Jul 23, 2021 | - | - | 3164 | |
Aug 15, 1991 | - | - | 5038 |
Acquired companies in Tykhe Ventures' Portfolio
5 companies from Tykhe Ventures' portfolio have been acquired. The most recent acquisition was NextBillion AI in Sep 2025 by Velocitor Solutions for $*****.Here are Tykhe Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 30, 2025 | - | - | 1645 | |
Aug 04, 2025 | - | - | 2800 | |
Sep 12, 2021 | - | - | 6885 | |
Nov 04, 2020 | - | - | 8257 | |
Apr 09, 2018 | - | - | 5756 |
Team profile of Tykhe Ventures
Tykhe Ventures has a team of 7 members including 5 Partners and 1 Principal located in India and United Arab Emirates. Tykhe Ventures' team sits on the board of 1 company.Here is a list of all team members in Tykhe Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | |||
Partner | Gurugram | - | - | |
Partner | Gurugram | - | ||
Partner | Dubai | - | - | |
Partner | Gurugram | - | ||
Principal | Bengaluru | - | - |
Co-investors of Tykhe Ventures
Over the past 4 years, 222 investors have co-invested in Tykhe Ventures's portfolio companies. This includes funds and angels.
- Invested before Tykhe Ventures: Hypersphere Ventures, Genblock Capital and 46 others have invested in rounds before Tykhe Ventures. There are 2 companies where Hypersphere Ventures has invested before Tykhe Ventures and 1 company where Genblock Capital has invested before Tykhe Ventures.
- Top Co-investors of Tykhe Ventures: 163 investors entered a company along with Tykhe Ventures. These include investors like Node Capital (4 companies).
- Invested after Tykhe Ventures: A total of 11 investors have invested in Tykhe Ventures's portfolio after their investments. Top Investors include CoinSwitch (2 companies), Cypher Capital (2 companies) and Draper (1 company).
Recent News related to Tykhe Ventures
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OpenBox AI Launches Enterprise AI Trust Platform, Backed by $5M Seed RoundPR Newswire•Mar 31, 2026•OpenBox AI, Tykhe Ventures
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Programmable data link Irys completed a US$10 million Series A financing, led by CoinFundPANews•Aug 21, 2025•Breed, Irys, WAGMI Ventures, Hypersphere Ventures and 10 others
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Asigna Secures $3M in Funding and Launches Multisig v2 UpgradeGlobeNewswire•May 27, 2025•Sats Ventures, Asigna, Hivemind Capital, Portal ventures and 3 others
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Ika Reveals Strategic Investment From Sui Foundation, Bringing Total Funding to Over $21m
The Block•Apr 28, 2025•Ika, Sui Foundation, Digital Currency Group, Big Brain Holdings and 28 others
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FanTV Closes $8.5 Million Series A Funding Round to Power AI Content AgentsentARABI•Mar 04, 2025•FanTV, Mysten Labs, Cypher Capital, CoinSwitch and 7 others
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FanTV Secures $3M to Transform Next-Gen Content Creation With AI AgentsBeInCrypto•Feb 26, 2025•Fan TV, Mysten Labs, Cypher Capital, CoinSwitch and 10 others
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Blocksense Network Raises $4M in Seed Round Funding Led by PermutationBitcoin Ethereum News•Sep 10, 2024•Blocksense Network, a16zcrypto, Publicworks, http://permutationventures.com and 1 other
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YeagerAI, the developer of decentralized AI network GenLayer, completes $7.5 million seed roundPANews•Aug 20, 2024•Yeager.ai, GenLayer, North Island Ventures, Node Capital and 12 others
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PlayAI Secures Seed Funding to Build Modular Gaming Chain Powered by AINftgators•May 29, 2024•PlayAI, P2 Ventures, Jump Crypto, Alphawave Semi and 7 others
