English
RussianFigment Capital launched its first fund in 2021 to invest in high-conviction, early-stage blockchain infrastructure projects. As an early-stage investor, they work closely with founders as they scale from idea to adoption and beyond.
Investors Figment Capital
Figment Capital
Projects
48
Portfolio market cap
$562.0M
sum across all projects
Raised in these rounds
$496.6M
50 of 52 rounds with disclosed amounts
Tier
—
About the fund
Portfolio · 48
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 EigenCloud (prev. EigenLayer)EIGEN | $0.2599 | — | — | — | — | $251.8M | |
 MegaETHMEGA | $0.0524 | $0.0200 | 2.6x | Echo Round | $59.2M | ||
 MovementMOVE | $0.0102 | — | — | — | — | $45.8M | |
 Renzo Protocol REZ | $0.004145 | — | — | — | — | $37.7M | |
 OsmosisOSMO | $0.0359 | — | — | — | — | $28.4M | |
 InitiaINIT | $0.1183 | — | — | — | — | $24.7M | |
 NymNYM | $0.0267 | $0.0875 | 0.31x | — | — | $22.5M | |
 QuasarQSR | — | — | — | — | — | $13.6M | |
 HyperlaneHYPER | $0.0718 | $0.0300 | 2.4x | — | — | $12.6M | |
 AvailAVAIL | $0.002633 | — | — | — | — | $10.6M | |
 Verona (prev. XION)VERONA | $0.1147 | — | — | — | — | $10.6M | |
 SagaSAGA | $0.0231 | — | — | — | — | $10.4M | |
 StaderSD | $0.1204 | $2.09 | 0.06x | — | — | $8.8M | |
 WalletConnect TokenWCT | $0.0434 | $0.2000 | 0.22x | — | — | $8.1M | |
 SEDA ProtocolFLX | $0.0201 | $0.0805 | 0.25x | — | — | $5.0M | |
 SuilendSEND | $0.0615 | — | — | — | — | $4.6M | |
 AgoricBLD | $0.004978 | $0.0520 | 0.10x | — | — | $3.4M | |
 TheoriqTHQ | $0.0112 | $0.0750 | 0.15x | — | — | $1.7M | |
 Obol LabsOBOL | $0.00272 | $0.1000 | 0.03x | — | — | $881.2K | |
 Levva Protocol TokenLVVA | $0.0005605 | $0.0500 | 0.01x | — | — | $440.4K | |
 Semantic Layer42 | $0.00236 | — | — | — | — | $349.7K | |
 Shade ProtocolSHD | — | $6.45 | 0.01x | — | — | $348.3K | |
 BwareINFRA | $0.0413 | $0.2850 | 0.14x | — | — | $170.4K | |
 ArchwayARCH | $0.0004307 | $0.1448 | 0.00x | — | — | $125.1K | |
 SiennaSIENNA | — | $5.00 | — | — | — | — | |
 FastLane Labs | — | — | — | — | — | — | |
 Alluvial | — | — | — | — | — | — | |
 Polymer Labs | — | — | — | — | — | — | |
 Gasp (Mangata)GASP | — | — | — | — | — | — | |
 Turnkey | — | — | — | — | — | — | |
 Astria | — | — | — | — | — | — | |
 Khalani Network | — | — | — | — | — | — | |
 delta | — | — | — | — | — | — | |
 Predicate | — | — | — | — | — | — | |
 Phylax | — | — | — | — | — | — | |
 Valantis | — | — | — | — | — | — | |
 Sundial | — | — | — | — | — | — | |
 Dfns | — | — | — | — | — | — | |
 Whetstone | — | — | — | — | — | — | |
 Euphoria | — | — | — | — | — | — | |
 Neutrl | — | — | — | — | — | — | |
 Yield.xyz | — | — | — | — | — | — | |
 Raiku | — | — | — | — | — | — | |
 legend.trade | — | — | — | — | — | — | |
 Harbor | — | — | — | — | — | — | |
 Noise | — | — | — | — | — | — | |
 Doppler | — | — | — | — | — | — | |
 Bitte (Prev. Mintbase) | — | — | — | — | — | — |
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 · 52
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Doppler | Seed Round | $9.0M | $90.0M | |
| Noise | Seed Round | $7.1M | $71.0M | |
| Harbor | Seed Round | $4.2M | $42.0M | |
| legend.trade | Pre-seed | $1.5M | $15.0M | |
| Euphoria Lead | Seed Round | $5.0M | $50.0M | |
| Neutrl | Funding Round | $5.0M | $50.0M | |
| FastLane Labs Lead | Strategic Round | $6.0M | $60.0M | |
| Doppler | Pre-seed | $1.3M | $13.0M | |
| Whetstone | Pre-seed | $1.3M | $13.0M | |
| WalletConnect Token | Series B | $13.0M | $130.0M | |
| Sundial Lead | Pre-seed | — | — | |
| Suilend | Funding Round | $4.0M | $40.0M | |
| Euphoria Lead | Pre-seed | $2.5M | $25.0M | |
| Phylax Lead | Pre-seed | $4.5M | $45.0M | |
| Predicate | Funding Round | $7.0M | $70.0M | |
| delta | Funding Round | $11.0M | $110.0M | |
| Semantic Layer Lead | Seed Round | $3.0M | $30.0M | |
| Valantis | Seed Round | $4.0M | $40.0M | |
| Khalani Network | Seed Round | $2.5M | $25.0M | |
| Astria | Strategic Round | $12.5M | $125.0M | |
| MegaETH | Seed Round | $20.0M | $200.0M | |
| Renzo Protocol | Funding Round | $17.0M | $170.0M | |
| Avail | Series A Round | $43.0M | $430.0M | |
| Theoriq | Seed Plus Round | $6.2M | $62.0M | |
| Movement | Series A | $38.0M | $380.0M | |
| Turnkey | Series A | $15.0M | $150.0M | |
| Raiku Lead | Pre-seed | $2.2M | $22.5M | |
| Initia | Seed Round | $7.5M | $75.0M | |
| Avail | Seed Round | $27.0M | $270.0M | |
| Polymer Labs | Series A | $23.0M | $230.0M | |
| Renzo Protocol | Seed Round | $3.2M | $25.0M | |
| Astria | Seed Round | $5.5M | $55.0M | |
| Alluvial | Seed Round | $6.2M | $62.0M | |
| Hyperlane | Seed Round | $18.5M | $185.0M | |
| Yield.xyz | Seed Round | $11.0M | $50.0M | |
| EigenCloud (prev. EigenLayer) | Seed Round | $14.4M | $144.0M | |
| Quasar | Seed Round | $6.1M | $60.7M | |
| Dfns | Seed Round | $13.5M | $135.0M | |
| Gasp (Mangata) | Strategic Round | $4.2M | $60.0M | |
| Archway | Private Sale | $21.0M | $144.8M | |
| Shade Protocol | Private Round | $5.0M | $64.5M | |
| Stader | Strategic Round | $12.5M | $313.5M | |
| Verona (prev. XION) | Series A | $8.0M | $80.0M | |
| Saga | Pre-seed | $2.0M | $20.0M | |
| Agoric | Private Round 2 | — | — | |
| Obol Labs | Seed Round | $4.0M | $50.0M | |
| Osmosis | Venture Round | $21.0M | $210.0M | |
| Gasp (Mangata) | Seed Round | $1.4M | $14.0M | |
| Verona (prev. XION) | Seed Round | $3.0M | $30.0M | |
| Levva Protocol Token | Private Sale | $16.0M | $160.0M | |
| Sienna | Private Round | $10.0M | $50.0M | |
| SEDA Protocol | Strategic Contributors | $6.8M | $80.5M |
Focus areas
Liquid Staking Protocols1
DeFi1
Layer-21
Blockchain1
Co-investors
Blockchain Capital1 shared
Polychain Capital1 shared
Electric Capital1 shared
Andreessen Horowitz (a16z)1 shared
Coinbase Ventures1 shared
Hack VC1 sharedFunds that most often back the same projects.