English
RussianLAO is a member-led venture fund built on the spirit of Ethereum’s original DAO. As a global collective of Ethereum enthusiasts and experts, LAO invests in early-stage projects that push the boundaries of DeFi, NFTs, privacy, and Web3 social applications.
Investors The Lao
The Lao
Tier 2
Projects
52
Portfolio market cap
$3.53B
sum across all projects
Raised in these rounds
$423.9M
51 of 52 rounds with disclosed amounts
Tier
Tier 2
About the fund
Portfolio · 52
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 Ondo FinanceONDO | $0.5030 | $0.0130 | 39x | Seed Round | $2.45B | ||
 Lido DAOLDO | $0.4579 | $0.7300 | 0.63x | Venture Round | $379.9M | ||
 Maple FinanceSYRUP | $0.2576 | $0.005 | 52x | Seed Round | $306.8M | ||
 CoW ProtocolCOW | $0.1577 | $0.2300 | 0.69x | Private Round | $90.7M | ||
 SafeSAFE | $0.1123 | — | — | — | — | $87.9M | |
| SafeSAFE | $0.1108 | — | — | — | — | $86.8M | |
 deBridgeDBR | $0.0190 | $0.0250 | 0.76x | LFG | $34.1M | ||
 Solv ProtocolSOLV | $0.004267 | — | — | — | — | $23.6M | |
 GitcoinGTC | $0.2376 | — | — | — | — | $20.8M | |
 EnsoENSO | $1.00 | $1.40 | 0.71x | — | — | $20.6M | |
 IntuitionTRUST | $0.0608 | $0.0850 | 0.72x | — | — | $10.9M | |
 Dora FactoryDORA | $0.0123 | $6.00 | 0.00x | — | — | $6.6M | |
 Impossible Finance LaunchpadIDIA | $0.004555 | $0.0600 | 0.08x | — | — | $4.4M | |
 dHEDGE DAODHT | $0.0471 | $0.1650 | 0.29x | — | — | $2.6M | |
 ImmunefiIMU | $0.00196 | $0.0118 | 0.17x | — | — | $2.1M | |
 MapleMPL | $0.3667 | $0.5000 | 0.73x | — | — | $1.6M | |
 ThalesTHALES | $0.2158 | $0.2778 | 0.78x | — | — | $1.4M | |
 Obol LabsOBOL | $0.002722 | $0.1000 | 0.03x | — | — | $881.8K | |
 Push ProtocolPUSH | $0.008902 | $0.0500 | 0.18x | — | — | $803.3K | |
 SovrunSOVRN | $0.0009265 | $0.1000 | 0.01x | — | — | $783.0K | |
 GelatoGEL | $0.001816 | $0.0190 | 0.10x | — | — | $512.8K | |
 Superfluid | $0.003892 | — | — | — | — | $397.9K | |
 PinePINE | $0.001838 | $0.0948 | 0.02x | — | — | $366.8K | |
 Overlay ProtocolOVL | $0.005617 | $0.2810 | 0.02x | — | — | $301.1K | |
![Popcorn [OLD]](/img/px?u=aHR0cHM6Ly9kcm9wc3RhYi5jb20vX2dhdGV3YXkvc3RhdGljL2ltYWdlcy9wb3Bjb3JuLnBuZw==){kind=small} Popcorn [OLD]POP | — | $0.2460 | 0.04x | — | — | $212.3K | |
 Friends With Benefits ProFWB | $0.1179 | — | — | — | — | $116.6K | |
 PoolTogetherPOOL | $0.0167 | $14.46 | 0.00x | — | — | $112.9K | |
 handle.fiFOREX | $0.0003733 | $0.2100 | 0.00x | — | — | $68.9K | |
 Float ProtocolBANK | $0.1728 | — | — | — | — | $56.0K | |
 APY.FinanceAPY | $0.0005503 | $0.1800 | 0.00x | — | — | $55.0K | |
 Unique NetworkUNQ | $0.0001798 | $0.1305 | 0.00x | — | — | $46.0K | |
 Tracer DAOTCR | — | $0.0450 | — | — | — | $35.6K | |
 Umbrella NetworkUMB | $0.00009787 | $0.0500 | 0.00x | — | — | $28.7K | |
 SubQuery NetworkSQT | $0.00000612 | $0.00375 | 0.00x | — | — | $23.2K | |
 unshETHUSH | — | — | — | — | — | $19.5K | |
 Taker ProtocolTAKER | — | — | — | — | — | $13.4K | |
 Charged ParticlesIONX | $0.0001132 | $0.1250 | 0.00x | — | — | $11.3K | |
 Idle FinanceIDLE | — | $0.5336 | — | — | — | $9.2K | |
 NFTfiNFTFI | — | — | — | — | — | $1.5K | |
 DeHorizonDEVT | — | $0.6000 | — | — | — | — | |
 LabDAO | — | — | — | — | — | — | |
 Transak | — | — | — | — | — | — | |
 Hook Protocol | — | — | — | — | — | — | |
 Sound.xyzSOUND.XYZ | — | — | — | — | — | — | |
 JokeRace | — | — | — | — | — | — | |
 Brahma | — | — | — | — | — | — | |
 Tally | — | — | — | — | — | — | |
 ConsenSys | — | — | — | — | — | — | |
 Polymer Labs | — | — | — | — | — | — | |
 Zerion | — | — | — | — | — | — | |
 Reservoir | — | — | — | — | — | — | |
 Relay | — | — | — | — | — | — |
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 |
|---|---|---|---|---|
| Reservoir | Series A | $14.0M | $140.0M | |
| JokeRace | Funding Round | $3.0M | $30.0M | |
| Idle Finance | Strategic Round | $2.4M | $24.0M | |
| Superfluid | Funding Round | $5.1M | $51.0M | |
| unshETH | Seed Round | $3.3M | $33.0M | |
| Hook Protocol | Funding Round | $3.0M | $30.0M | |
| Intuition | Seed Round | $4.0M | $40.0M | |
| Transak | Series A | $20.0M | $200.0M | |
| LabDAO | Funding Round | $3.6M | $36.0M | |
| Pine | Private & Advisors | $3.0M | $30.0M | |
| Safe | Funding Round | $100.0M | $1.00B | |
| CoW Protocol | Private Round | $23.0M | $230.0M | |
| Polymer Labs | Seed Round | $3.6M | $36.0M | |
| Brahma | Seed Round | $4.2M | $42.1M | |
| Sovrun | Series A | $10.0M | $100.0M | |
| Sound.xyz | Seed Round | $5.0M | $50.0M | |
| Ondo Finance | Seed Round | $4.0M | $130.0M | |
| Popcorn [OLD] | Early Contributors | $5.4M | $24.6M | |
| Solv Protocol | Series A Round | $4.0M | $40.0M | |
| Immunefi | Seed Round | $5.5M | $55.0M | |
| Unique Network | Initial Coin Offering | $11.3M | $113.0M | |
| Obol Labs | Seed Round | $4.0M | $50.0M | |
| DeHorizon | Seed Round | $8.5M | $85.0M | |
| Taker Protocol | Funding Round | $3.0M | $30.0M | |
| Float Protocol | Funding Round | $1.2M | $12.0M | |
| SubQuery Network | Series A | $9.0M | $60.0M | |
| deBridge | Seed Round | $5.5M | $55.0M | |
| Tally | Seed Round | $6.0M | $60.0M | |
| Thales | Strategic Round | $2.5M | $27.8M | |
| Tracer DAO | Strategic Round | $4.5M | $45.0M | |
| Impossible Finance Launchpad | Strategic Round | $7.8M | $60.0M | |
| Friends With Benefits Pro | Funding Round | $700.0K | $7.0M | |
| Lido DAO | Funding Round | $22.0M | $220.0M | |
| PoolTogether | Treasury Diversification | $6.0M | $144.6M | |
| ConsenSys | Formation Round | $65.0M | $650.0M | |
| Charged Particles | Seed Round | $1.0M | $20.0M | |
| Enso | Private Round | $5.0M | $50.0M | |
| Overlay Protocol | Funding Round | $2.2M | $22.1M | |
| Transak | Seed Round | $660.0K | $6.6M | |
| Maple Finance | Seed Round | $1.4M | $14.0M | |
| Dora Factory | Private Round 2 | $6.0M | $60.0M | |
| SubQuery Network | Seed Round | $1.8M | $15.0M | |
| Maple | Seed Round | $1.4M | $5.0M | |
| Charged Particles Lead | Pre-seed Round | $750.0K | $5.0M | |
| Gitcoin | Funding Round | $11.3M | $113.0M | |
| handle.fi | Seed Round | — | — | |
| NFTfi | Seed Round | $890.0K | $8.9M | |
| Unique Network | Initial Coin Offering | $841.5K | $8.4M | |
| Push Protocol | Seed Round | $750.0K | $5.0M | |
| APY.Finance | Seed Round | $3.6M | $18.0M | |
| Gelato | Seed | $1.2M | $8.0M | |
| Zerion | Seed Round | $2.0M | $20.0M |
Focus areas
DeFi4
Wallet2
DAO2
Real World Assets Protocols1
Infrastructure1
Lending Platform1
DEX1
Co-investors
Digital Currency Group (DCG)4 shared
Coinbase Ventures4 shared
ParaFi Capital4 shared
Bixin Ventures3 shared
Tiger Global Management3 shared
IOSG Ventures3 sharedFunds that most often back the same projects.