English
RussianPlaceholder is a venture capital firm that invests in decentralized protocols and web3 services. Partners Joel Monegro and Chris Burniske manage the firm with Brad Burnham as venture partner. Mario Laul is our head of research. Shelly Gogol and Crystal Kwan manage operations.
Investors Placeholder
Placeholder
Tier 2Lead investor
Projects
40
Portfolio market cap
$3.99B
sum across all projects
Raised in these rounds
$717.8M
46 of 48 rounds with disclosed amounts
Tier
Tier 2
Lead investor
About the fund
Portfolio · 40
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 PolkadotDOT | $1.20 | $1.20 | 1.0x | Private Sale 2 | $2.05B | ||
 CelestiaTIA | $0.4819 | $0.3000 | 1.6x | Series A&B Round | $470.7M | ||
 MonadMON | $0.0344 | $0.0250 | 1.4x | ICO | $406.9M | ||
 BackpackBP | $1.27 | — | — | — | — | $316.7M | |
 ZKsyncZK | $0.0131 | — | — | — | — | $142.6M | |
 OrcaORCA | $1.95 | $1.98 | 0.98x | Series A | $118.4M | ||
 Nexus MutualNXM | $68.13 | $0.3433 | 198x | Seed Round | $113.4M | ||
 NumeraireNMR | $11.81 | — | — | — | — | $90.1M | |
 MovementMOVE | $0.0103 | — | — | — | — | $46.1M | |
 AleoALEO | $0.0303 | — | — | — | — | $44.5M | |
 UMAUMA | $0.4054 | $0.9630 | 0.42x | — | — | $37.6M | |
 Across ProtocolACX | $0.0436 | — | — | — | — | $31.5M | |
 TensorTNSR | $0.0397 | — | — | — | — | $29.5M | |
 Api3API3 | $0.2951 | $0.3000 | 0.98x | — | — | $25.5M | |
 RadworksRAD | $0.2649 | $0.6000 | 0.44x | — | — | $15.6M | |
 FortaFORT | $0.0159 | — | — | — | — | $10.3M | |
 SagaSAGA | $0.0228 | — | — | — | — | $10.3M | |
 BalancerBAL | $0.1334 | — | — | — | — | $9.3M | |
 Gearbox ProtocolGEAR | $0.0006565 | $0.0150 | 0.04x | — | — | $6.6M | |
 EnzymeMLN | $1.53 | $3.87 | 0.40x | — | — | $5.0M | |
 AgoricBLD | $0.005015 | $0.0520 | 0.10x | — | — | $3.5M | |
 Obol LabsOBOL | $0.002723 | $0.2500 | 0.01x | — | — | $882.2K | |
 EclipseES | $0.0008255 | — | — | — | — | $109.5K | |
 FOAMFOAM | — | $0.0675 | — | — | — | $75.3K | |
 WeatherXMWXM | $0.008986 | — | — | — | — | $45.3K | |
 NFTfiNFTFI | — | — | — | — | — | $1.5K | |
 FutureswapFST | — | $2.40 | — | — | — | — | |
 Monaco PlanetMONA | — | — | — | — | — | — | |
 Magic-link | — | — | — | — | — | — | |
 Nori | — | — | — | — | — | — | |
 Drip | — | — | — | — | — | — | |
 Rated | — | — | — | — | — | — | |
 Squads | — | — | — | — | — | — | |
 Tally | — | — | — | — | — | — | |
 Grove | — | — | — | — | — | — | |
 Polymer Labs | — | — | — | — | — | — | |
 Botanix Labs | — | — | — | — | — | — | |
 Zerion | — | — | — | — | — | — | |
 Astria | — | — | — | — | — | — | |
 Arx Research | — | — | — | — | — | — |
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 · 48
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Arx Research | Seed Round | — | — | |
| Celestia | Funding Round | $100.0M | $1.00B | |
| Drip | Seed Round | $8.0M | $80.0M | |
| Astria Lead | Strategic Round | $12.5M | $125.0M | |
| Squads | Series A | $10.0M | $100.0M | |
| WeatherXM | Series A | $7.7M | $77.0M | |
| Botanix Labs | Seed Round | $11.5M | $115.0M | |
| Movement | Series A | $38.0M | $380.0M | |
| Eclipse Lead | Series A | $50.0M | $500.0M | |
| NFTfi Lead | Series A | $6.0M | $60.0M | |
| Backpack Lead | Series A | $17.0M | $120.0M | |
| Polymer Labs | Series A | $23.0M | $230.0M | |
| Grove | Funding Round | $7.9M | $79.0M | |
| Saga Lead | Extended Seed Round | $5.0M | $50.0M | |
| Squads Lead | Strategic Round | $5.7M | $57.0M | |
| Rated | Series A | $12.9M | $128.9M | |
| Drip Lead | Seed Round | $3.0M | $30.0M | |
| Nori Lead | Funding Round | $6.2M | $62.5M | |
| Tensor Lead | Seed Round | $3.0M | $30.0M | |
| Monad | Seed Round | $19.0M | $190.0M | |
| Obol Labs | Series A Round | $12.5M | $125.0M | |
| Across Protocol | Private Sale | $10.0M | $200.0M | |
| Celestia | Series A&B Round | $55.0M | $300.0M | |
| Zerion | Series B | $12.3M | $123.0M | |
| Rated | Seed Round | $2.5M | $25.0M | |
| Gearbox Protocol | DAO Round Part 1 | $4.2M | $150.0M | |
| Monaco Planet | Series A Round | $14.6M | $146.0M | |
| Nori | Series A | $7.0M | $70.0M | |
| ZKsync | Series B | $50.0M | $500.0M | |
| Agoric | Private Round 2 | — | — | |
| Forta | Venture Round | $23.0M | $230.0M | |
| Futureswap Lead | Venture Round | $12.0M | $240.0M | |
| Orca Lead | Series A | $19.0M | $198.0M | |
| Tally Lead | Seed Round | $6.0M | $60.0M | |
| UMA | Range Token Round | $2.6M | $120.0M | |
| Aleo | Series A | $28.0M | $280.0M | |
| Radworks | Early Supporters | $12.0M | $60.0M | |
| Nexus Mutual | Venture Round | $2.7M | $27.0M | |
| ZKsync | Series A | $6.0M | $60.0M | |
| Api3 Lead | Seed Round | $3.0M | $30.0M | |
| Nori | Seed Round | $4.0M | $40.0M | |
| Numeraire | Series C | $3.0M | $30.0M | |
| Magic-link Lead | Seed Round | $4.0M | $40.0M | |
| Balancer Lead | Seed Round | $3.0M | $30.0M | |
| Zerion Lead | Seed Round | $2.0M | $20.0M | |
| ZKsync Lead | Seed Round | $2.0M | $20.0M | |
| Polkadot Lead | Private Sale 2 | $60.0M | $1.20B | |
| Numeraire Lead | Series B | $11.0M | $110.0M |
Focus areas
Blockchain4
DeFi2
Polkadot Ecosystem1
Modular Blockchain1
Blockchain Service1
Infrastructure1
CEX1
Co-investors
Coinbase Ventures4 shared
KR1 (Kryptonite1)3 shared
Polychain Capital3 shared
Blockchain Capital3 shared
1kx3 shared
Dragonfly Capital3 sharedFunds that most often back the same projects.