# Top 50 Blockchain Startup Investors in Portugal in June 2026

## Portugal Ventures
- Type: VC Fund
- Location: Porto, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Health Care

Verticals:Enterprise, SaaS, Security, Networks, AI, VR/AR, Marketplace, Blockchain, Internet of Things, New materials, Electronics, Robotics, Cleantech, Agrotech, Seatech, Therapeutics, Digital Health, Diagnostics,  Innovative Accommodation, Tourist Entertainment Companies, Tour Operators, Wine, Nautical and Equestrian Tourism, Theme ParksMobile, Robotics Founded in 2012, Portugal Ventures is a venture capital firm based in Porto, Portugal. The firm is a part of the Banco Português de Fomento group. The firm seeks to invest in pre-seed, seed and series A stages

## Franklin Templeton
- Type: VC Fund
- Location: San Mateo, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, FinTech, Financial Services

Franklin Templeton offers strategies in equity, fixed income, multi-asset, and digital assets. A significant portion of its offerings includes municipal bond management and tax-free income solutions designed for diverse financial goals. In addition to traditional asset management, the entity maintains a presence in private markets and alternativeinvestment vehicles. Its services also encompass the provision of fund commentary, performance metrics, and tax-related information to assist with portfolio oversight. The firm distributes research and market analysis to support investor decision-making within the global financial landscape.

## Arthur Hayes
- Type: Angel
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Financial Services

Arthur Hayes is based out of Hong Kong, Hong Kong Island and is the Advisor of Upexi. Arthur previously worked at BitMEX as a CEO. Arthur Hayes attended the University of Pennsylvania.

## Dragonfly
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

A cross-border cryptoasset investment firm. Global from day one.

## Maelstrom
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Artificial Intelligence

Managed by the family office of Arthur Hayes (co-founder, BitMEX), Maelstrom is building a long-term portfolio across Venture, Liquid, Private Equity, and Public Markets, focused on infrastructure companies and assets that will form the foundation of the next wave of trustless decentralization.We back high-conviction opportunities ranging fromearly-stage equity and token investments to private and public market positions, bringing to each cap table the experience, relationships, and resources of having built one of the industry’s first profitable unicorns from the ground up.

## Bright Pixel (formerly Sonae IM)
- Type: VC Fund
- Location: Maia, Porto, Portugal
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, SaaS

Bright Pixel Capital (former Sonae IM) is the technology investment arm of the multinational group Sonae. With special focus on cybersecurity, infrastructure software, retail technologies, business applications and emerging tech, it has a portfolio of more than 60 companies, from early to growth stages. Bright Pixel acts as a partner that bringsspecialized know-how, global footprint, and a wealth of experience in helping companies from early stage to IPO.

## Brpx
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

A prominent European venture capital in Retail Technologies, Digital Infrastructure, Cybersecurity, and Emerging Technologies

## P2 Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Gaming, Cryptocurrency

Polygon Ventures is an investment firm that focuses on early-stage Web3 startups.

## Pyth Network
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Blockchain

The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. The Pyth network is focused on finding a new and inexpensive way to bring this unique data on-chain and aggregating it securely.

## Unicorn Factory Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Blockchain, Artificial Intelligence

Unicorn Factory Ventures is a venture capital fund. This firm aims to invest and incubate companies.

## Bybit
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, FinTech

Bybit is a cryptocurrency exchange founded in March 2018 to provide a professional platform with an ultra-fast matching engine, excellent customer service, and multilingual community support for crypto traders. The company offers innovative online spot and derivatives trading services, mining and staking products, and API support to retail andinstitutional clients worldwide, and aims to be the most dependable exchange for the emerging digital asset class.

## Hypersphere Ventures
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Software

Hypersphere Ventures is a venture capital firm that invests in and develops blockchain technology. A Hypersphere is an investment group leveraging on-chain treasuries, decentralized organizations, and governance to increase the utility of the blockchain networks in which we invest.

## OKX
- Type: VC Fund
- Location: Mahé, Beau Vallon, Seychelles
- Relevant deals: 1
- Stages: Seed, Grant
- Focus: Cryptocurrency, Bitcoin, Software

OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. With monthly Proof of Reserve releases, OKX is trusted by over 50 million global users. OKX is the fastest and most reliable crypto trading app for professional traders everywhere.
- Buy, sell, and trade 350+ tokens with 100+ local currencies
-Duplicate moves from top traders in the industry in just one click
- Explore Web3 and take control of your crypto, NFTs, and digital assets with the OKX WalletWith its extensive range of crypto products and services, and unwavering commitment to innovation, OKX’s vision is a world where financial access is backed by blockchain and the power of decentralized finance.

## Gemini
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Software, Cryptocurrency

The crypto super app for trading, predicting, and earning. Buy 90+ cryptos, trade prediction markets, and earn with staking and the Gemini Credit Card.

## FunFair Ventures
- Type: VC Fund
- Location: Douglas, NA - Isle of Man, Isle of Man
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Financial Services

FunFair Ventures is a venture capital business .Funfair Ventures funds early stage blockchain projects with a focus on both equity and tokens.

## FinLab EOS VC
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Gaming, Software

FinLab EOS VC Fund is a partnership between Block.one and FinLab, an investor in financial services technologies and blockchain globally.

## Deribit
- Type: VC Fund
- Location: Ermelo, Gelderland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Cryptocurrency, Blockchain, Financial Services

World's biggest Bitcoin and Ethereum Options Exchange and the most advanced crypto derivatives trading platform with up to 50x leverage on Crypto Futures and Perps.

## Armilar Venture Partners
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech.

## Hashed
- Type: VC Fund
- Location: Seoul, Seoul-t'ukpyolsi, South Korea
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

Hashed is a global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. Hashed is based in Seoul and San Francisco.

## Galaxy Digital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals shape a changing economy.

## LC Ventures
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series D
- Focus: Information Technology, Artificial Intelligence, SaaS

We’re an early stage European venture capital firm partnering with globally minded founders.We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. Thefirst ticket is up to 200K€ and the total investment in a given startup can be up to 1M€.We decide investments quickly, allowing the founders to get back focusing on growing the business.
Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds.Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal.

## dlab
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Blockchain, Software, FinTech

Early-stage venture capital and resources for startups exploring new frontiers in web3, decentralization, and blockchain technology.

## ZBS CAPITAL
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Financial Services

ZBS Capital - distinguished crypto venture fund, backed by major media resources including CryptoDiffer.

## Polychain
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, FinTech

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committedto exceptional returns for investors through actively managed portfolios of these blockchain assets.

## Wintermute Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

Wintermute Ventures is the investment arm of Wintermute, a global algorithmic trading firm, liquidity provider, and leading OTC desk in digital assets. Drawing from Wintermute's expertise in pioneering DeFi trading and powering liquidity across the entire ecosystem, Wintermute Ventures is uniquely positioned to back early-stage Web3 projectswith hands-on support. Focused on long-term growth, the company takes a flexible approach, investing from early ideation to later-stage expansion. Committed to developing strategic relationships and driving positive outcomes, Wintermute Ventures prioritizes decentralized ownership, ensuring its investments align with the company’s broader vision of a decentralized future. Since 2020, it has invested in over 100 projects.

## Signum Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Information Technology

They are a Singapore-based firm that exclusively consults in Blockchain-enabled companies. Their mission is to realize the future of Blockchain economy by consulting in game changing projects and companies. They participate in Pre-sale stages of Token Generation Events and Equity investments.

## Waterdrip Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Bitcoin

Waterdrip capital invests in blockchain industries.

## Demium Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, FinTech, Health Care

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

## Polymorphic Capital
- Type: VC Fund
- Location: Clayton, North Carolina, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, FinTech, Cryptocurrency

It is a venture capital firm that selectively invests in extraordinary teams and emerging paradigms in blockchain and fintech globally.

## Crypto Dog
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Cryptocurrency, Blockchain, Bitcoin

The Crypto Dog is an angle investor.

## Mask Network
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Your Portal To The New, Open Internet.

## Anton Bukov
- Type: Angel
- Location: Amstelveen, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Cryptocurrency, Blockchain, Internet

I am a philosopher, concept generator, and innovator with a deep fascination for technology, simplicity, and innovation, stemming from my software engineering journey that began in 2002. I have a profound curiosity in diverse domains such as algorithms, space exploration, blockchain technology, virtual and augmented reality, artificialintelligence, emerging energy sources, and new material sciences. My holistic and interdisciplinary approach propels me towards harnessing technology and innovation to conceive and create a future that surpasses the conventional boundaries of imagination

## Delta Blockchain Fund
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Delta Blockchain Fund is an early-stage venture capital fund lighting the path of blockchain innovation by supporting developers and visionaries building the world of decentralization.

## Balaji Srinivasan
- Type: Angel
- Location: San Francisco Bay Area, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Balaji S. Srinivasan is the Co-Founder and Board Member of Coin Center. He was the CTO of Coinbase and cofounder of Counsyl, Earn, Teleport, and Coin Center. Dr. Srinivasan holds a BS, MS, and PhD in Electrical Engineering and an MS in Chemical Engineering from Stanford University. He also teaches the occasional class at Stanford, including anonline MOOC.

## BH Digital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

BH Digital offers institutional investors access to a diverse array of compelling opportunities. Brevan Howard Digital combines Brevan Howard's institutional governance, controls, and risk management with specialized expertise inherent to crypto markets in both investing and business operations.

## Solana Ventures
- Type: VC Fund
- Location: Solana, Misamis Oriental, Philippines
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Gaming

Solana Ventures' mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

## Seed Club Ventures
- Type: VC Fund
- Location: George Town, Midland, Cayman Islands
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Information Technology, Blockchain, Artificial Intelligence

Seed Club Ventures is a Venture DAO backing early-stage founders building at the intersection of web3 and community. With a membership of 60+ leading innovators and investors in crypto, we are diverse in our ability to support projects throughout their life cycle.

## Wintermute
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

A leading algorithmic trading firm focused on building liquid and efficient markets in digital assets.

## dao5
- Type: VC Fund
- Location: Virgin, Utah, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

An experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization.

## SharesPro
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Secondary Market, Seed
- Focus: SaaS, EdTech, Gaming

SharesPro is an independent analyst working on the US stock market, an expert on systematic investment and capital growth.
SharesPro has extensive experience in stock markets and in-depth knowledge of investments, mergers, and acquisitions.
The firm was incorporated in 2017 and is based in Moscow, Moscow City, Russian Federation.

## HTX
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

HTX serves its 10 million+ users worldwide with secure and stable trading services. Here at HTX, you can buy Bitcoin, Ethereum, Dogecoin, SHIB, and over 500 quality cryptocurrencies anywhere, anytime.

## Alex Atallah
- Type: Angel
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Gaming, Blockchain, Video Games

Alex Atallah is a Co-Founder of OpenSea. Attended Stanford University.

## Indico Capital Partners
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Information Technology, E-Commerce, B2B

Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem.

## Caballeros Capital
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Finance

Caballeros Capital is a private investment firm focused on investing in the blockchain innovation space.

## Moonrock Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Information Technology, Cryptocurrency

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

## SOSV
- Type: VC Fund
- Location: Princeton, New Jersey, United States
- Relevant deals: 1
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Biotechnology, Health Care, Software

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates.
HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

## Aptos
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Web3, Information Technology

Building products, applications, and tooling on the Aptos blockchain. Bringing the benefits of decentralization to the masses.

## Cube Exchange
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Blockchain

Cube is the world's fastest crypto exchange. Built by and for traders, Cube is the most liquid, secure and advanced cryptocurrency exchange.

## GSR
- Type: VC Fund
- Location: Wan Chai, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

GSR has nine years of deep crypto market expertise as a market maker, ecosystem partner and active, multi-stage investor. GSR sources and provides spot and non-linear liquidity in digital assets for token issuers, institutional investors, miners, and leading cryptocurrency exchanges. GSR employs over 300 people around the globe, and its tradingtechnology is connected to 60 trading venues, including the world's leading DEXs. We have a culture of approaching complex problems with tenacity and imagination. We build long-term relationships by offering exceptional service, expertise and trading capabilities tailored to the specific needs of our clients.

## LayerZero Labs
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

An omnichain interoperability protocol. LayerZero enables the realization of cross-chain applications with a low level communication primitive.
