# Chainforest

> Chainforest is a VC fund in New York backing Blockchain, Payments and App Marketing. See 2 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 2
- Last investment: Feb 2023
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/chainforest
- X (Twitter): https://twitter.com/chainforestxyz
- Website: https://www.chainforest.xyz/

Chainforest is a group of cryptocurrency enthusiasts looking to grow, learn, and invest.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 2 | 100% |
| Payments | 1 | 50% |
| App Marketing | 1 | 50% |
| Cryptocurrency | 1 | 50% |
| Transaction Processing | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Pre-Seed | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 50% |
| United States | 1 | 50% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Stelo Labs | Imagine a world where every time you went to buy a cup of coffee, there was a small chance that all of your money was stolen, says Stelo Labs, a web3 security company. So you have three wallets: one for coffee, one for shopping, and one for your parents' basement. | $6M | Seed | Feb 16, 2023 | https://blog.stelolabs.com |
| Tholos | A highly usable multi-chain MPC Wallet | $1.5M | Pre-Seed | Jan 25, 2023 | https://www.tholos.app/ |

2 of 2 investments shown.

## Co-investors
- [North Island Ventures](https://shizune.co/investors/profile/north-island-ventures) — VC Fund, 2 deals together
- [a16z crypto](https://shizune.co/investors/profile/a16z-crypto) — VC Fund, 1 deal together
- [BoxGroup](https://shizune.co/investors/profile/boxgroup) — VC Fund, 1 deal together
- [Dispersion Capital](https://shizune.co/investors/profile/dispersion-capital) — VC Fund, 1 deal together
- [First Round Capital](https://shizune.co/investors/profile/first-round-capital) — VC Fund, 1 deal together
- [Homebrew](https://shizune.co/investors/profile/homebrew-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Polychain](https://shizune.co/investors/profile/polychain-capital) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Cryptocurrency VC Funds in Canada](https://shizune.co/investors/cryptocurrency-vc-funds-canada)

## FAQ

### What does Chainforest invest in?

Chainforest invests primarily in Blockchain, Payments and App Marketing startups, most often at Seed and Pre-Seed stage. Most of the 2 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Chainforest last invest?

The most recent investment recorded for Chainforest closed in Feb 2023. Shizune tracks 2 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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