# 2x17 Fund

> 2x17 Fund is a VC fund backing FinTech, Software and Blockchain. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 1
- Last investment: Nov 2024
- Lead investor: 0%
- Last updated: Aug 2026

2x17 Fund is an investment fund.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 100% |
| Software | 1 | 100% |
| Blockchain | 1 | 100% |
| Cryptocurrency | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Folks Finance | Folks Finance is the leading algorithmic capital markets protocol for lending and borrowing built and operated on top of the Algorand blockchain. Through the lending operations, Folks users can deposit liquidity and start earning a continuous economic return instantly. Through the borrowing operation, the users can request crypto loans by lockingdeposited funds as collateral. Folks Finance is the result of extensive research and engineering conducted by Blockchain Italia, a blockchain software house strongly focused on Algorand. The protocol innovations include a disruptive economic lending model designed for the soundness and security of the users, and the introduction of unique features such as staking of rewards, safety margins for cryptocurrency pairs, and an innovative liquidity provision system. | $3.2M | Series A | Nov 14, 2024 |  |

1 of 1 investments shown.

## Co-investors
- [Absoluta Digital](https://shizune.co/investors/profile/absoluta-digital) — VC Fund, 1 deal together
- [Borderless Capital](https://shizune.co/investors/profile/algo-capital) — VC Fund, 1 deal together
- [Algorand Ventures](https://shizune.co/investors/profile/algorand-ventures) — VC Fund, 1 deal together
- [Black Alpha Capital](https://shizune.co/investors/profile/black-alpha-capital) — VC Fund, 1 deal together
- [BlackDragon](https://shizune.co/investors/profile/blackdragon-f0e4) — VC Fund, 1 deal together
- [Borderless Capital](https://shizune.co/investors/profile/borderless-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does 2x17 Fund invest in?

2x17 Fund invests primarily in FinTech, Software and Blockchain startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in Italy. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did 2x17 Fund last invest?

The most recent investment recorded for 2x17 Fund closed in Nov 2024. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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