English
RussianDivergence Ventures is a venture capital firm based in San Francisco, California. They specialize in investments in the blockchain and cryptocurrency sectors.
Investors Divergence Ventures
Divergence Ventures
Tier 2
Projects
40
Portfolio market cap
$4.03B
sum across all projects
Raised in these rounds
$206.0M
36 of 38 rounds with disclosed amounts
Tier
Tier 2
About the fund
Portfolio · 40
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 Ondo FinanceONDO | $0.5030 | $0.0130 | 39x | Seed Round | $2.45B | ||
 CelestiaTIA | $0.4819 | $0.00943 | 51x | Seed Round | $470.7M | ||
 Lido DAOLDO | $0.4579 | $0.7300 | 0.63x | Venture Round | $379.9M | ||
 Terra Luna ClassicLUNC | $0.00005286 | $0.4825 | 0.00x | — | — | $291.5M | |
 Reserve RightsRSR | $0.00173 | $0.002 | 0.86x | Private Presale | $108.2M | ||
 GalxeGAL | $0.5825 | $1.50 | 0.39x | Public Sale | $74.4M | ||
 AxelarAXL | $0.0530 | $0.1205 | 0.44x | — | — | $66.1M | |
 TempusTEMP | — | $0.1250 | 1.4x | — | — | $43.0M | |
 EulerEUL | $1.45 | — | — | — | — | $34.9M | |
 Manta NetworkMANTA | $0.0711 | $0.0891 | 0.80x | — | — | $34.3M | |
 Gravity (prev. GAL)G | $0.00471 | — | — | — | — | $34.1M | |
 Bonfida (aka SNS)FIDA | $0.0218 | $0.0500 | 0.44x | — | — | $21.6M | |
 Impossible Finance LaunchpadIDIA | $0.004555 | $0.0600 | 0.08x | — | — | $4.4M | |
 GoldfinchGFI | $0.0431 | — | — | — | — | $4.1M | |
 Wrapped NCGWNCG | $0.004305 | $0.0500 | 0.09x | — | — | $3.2M | |
 CLVCLV | $0.002359 | $0.0600 | 0.04x | — | — | $2.9M | |
 dHEDGE DAODHT | $0.0471 | $0.1650 | 0.29x | — | — | $2.6M | |
 Ribbon FinanceRBN | $0.0264 | — | — | — | — | $1.8M | |
 AutomataATA | $0.000773 | $0.0200 | 0.04x | — | — | $750.8K | |
 iZuMi FinanceIZI | $0.0005229 | $0.0117 | 0.04x | — | — | $411.7K | |
 Superfluid | $0.003892 | — | — | — | — | $397.9K | |
 Gro DAO TokenGRO | $0.0222 | $0.3800 | 0.06x | — | — | $347.1K | |
 K21K21 | $0.0158 | $0.1240 | 0.13x | — | — | $290.6K | |
 SaberSBR | $0.00008097 | $0.0049738 | 0.02x | — | — | $215.2K | |
 KaruraKAR | $0.001144 | — | — | — | — | $133.5K | |
 SpectralSPEC | $0.008004 | — | — | — | — | $112.9K | |
 Protocol MonstersPMON | $0.0254 | $0.2000 | 0.13x | — | — | $86.5K | |
 DFX FinanceDFX | $0.0005464 | $0.4620 | 0.00x | — | — | $54.6K | |
 ANGLEANGLE | — | — | — | — | — | $54.2K | |
 Orion MoneyORION | $0.0004709 | $0.0250 | 0.02x | — | — | $44.7K | |
 ConvergenceCONV | $0.00000795 | $0.005 | 0.00x | — | — | $31.2K | |
 Kine ProtocolKINE | $0.0006753 | $0.2830 | 0.00x | — | — | $13.6K | |
 MatrixETFMDF | $0.0003158 | $0.0200 | 0.02x | — | — | $13.1K | |
 Lithium FinanceLITH | $0.00000154 | $0.003 | 0.00x | — | — | $8.1K | |
 Aperture FinanceAPTR | $0.00001245 | — | — | — | — | $1.1K | |
 Synthetify TokenSNY | $0. | $1.50 | 0.00x | — | — | $0 | |
 RazrFiSOLR | — | $0.1500 | 0.02x | — | — | — | |
 MonoXMONO | — | $0.2700 | — | — | — | — | |
 Ratio ProtocolRATIO | — | $0.0625 | — | — | — | — | |
 SubDAOGOV | — | $0.1500 | — | — | — | — |
Entry price and ROI come from the source's data for this fund. Stage and date are derived by matching the entry price against the project's rounds; where there is no match, a dash is shown.
Funding rounds · 38
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Ribbon Finance | Venture Round | $8.8M | $88.0M | |
| Aperture Finance Lead | Seed Round | $5.3M | $53.0M | |
| Spectral | Venture Round | $6.8M | $67.5M | |
| Gravity (prev. GAL) | Backers | $10.0M | $100.0M | |
| Ondo Finance | Seed Round | $4.0M | $130.0M | |
| Galxe | Growth Backer Round 1 | $10.0M | $100.0M | |
| iZuMi Finance | Seed Round | $2.1M | $21.0M | |
| Tempus | Strategic Round | $4.0M | $125.0M | |
| SubDAO | IDO Round 1 | $90.0K | $150.0M | |
| Manta Network | Seed Round | $5.5M | $89.1M | |
| ANGLE | Seed Round | $5.0M | $50.0M | |
| RazrFi | Strategic Sale | $1.5M | $15.0M | |
| Euler | Series A | $8.0M | $80.0M | |
| Wrapped NCG | Strategic Round | $2.6M | $50.0M | |
| Saber | Seed Round | $7.7M | $49.7M | |
| Ratio Protocol | Seed Round | $500.0K | $6.2M | |
| Superfluid | Seed Round | $9.0M | $90.0M | |
| Orion Money | Seed Round | $1.8M | $25.0M | |
| Axelar | Series A | $25.9M | $213.0M | |
| Impossible Finance Launchpad | Strategic Round | $7.8M | $60.0M | |
| Lido DAO | Funding Round | $22.0M | $220.0M | |
| Synthetify Token | Private Round | — | — | |
| Goldfinch | Series A | $11.7M | $98.0M | |
| Lithium Finance | Seed Round | $1.4M | $30.0M | |
| Automata | Seed | $1.0M | $20.0M | |
| Celestia | Seed Round | $1.5M | $9.4M | |
| Protocol Monsters | Private Round | $743.0K | $2.0M | |
| DFX Finance | Seed Round | $5.0M | $46.2M | |
| Convergence | Funding Round | $2.0M | $20.0M | |
| K21 | Institutional purchases | — | — | |
| Gro DAO Token | Seed | $7.1M | $38.0M | |
| Euler | Seed Round | $800.0K | $8.0M | |
| Bonfida (aka SNS) | Seed Round | $4.5M | $50.0M | |
| Axelar | Seed Round | $3.8M | $28.0M | |
| Karura | Series A | $7.3M | $73.0M | |
| CLV | Seed | $6.0M | $60.0M | |
| Reserve Rights | IEO on Huobi Prime | $3.0M | $110.0M | |
| Reserve Rights | Private Presale | $2.0M | $200.0M |
Focus areas
DeFi4
Infrastructure2
Web 3.02
Real World Assets Protocols1
Modular Blockchain1
Blockchain Service1
Blockchain1
Co-investors
Coinbase Ventures8 shared
YZi Labs (prev Binance Labs)5 shared
Dragonfly Capital4 shared
Digital Currency Group (DCG)3 shared
Polychain Capital3 shared
Blockchain Capital3 sharedFunds that most often back the same projects.