# DeSpace Protocol

> DeSpace Protocol is a VC fund in Carlisle backing Cryptocurrency and Financial Services. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Carlisle, United Kingdom
- Total investments: 3
- Last investment: Dec 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/despace-protocol/
- Website: https://despace.io/

DeSpace Protocol is a new breath of the Defi industry supporting multi-layer tokens and NFT cards, combining governance, redesigned Yield Farming, and NFT Mining features in one protocol.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $240k–$30M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cryptocurrency | 2 | 67% |
| Financial Services | 2 | 67% |
| Web3 | 1 | 33% |
| FinTech | 1 | 33% |
| Payments | 1 | 33% |

9 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 1 | 33% |
| Singapore | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vibra | Vibra is an online crypto-currency application that specializes in investments, blockchain, and funding services. | $6M | Seed | Dec 17, 2021 | https://www.vibra.one/ |
| FarmBit | FarmBit is an open marketplace that allows businesses to obtain working capital. | $240K | Seed | Nov 23, 2021 | https://farmbit.io |
| MELD | MELD is a non-custodial DeFi protocol for web3 finance, providing cross-chain lending, borrowing and staking on the MELD blockchain supporting the six leading blockchains as well as integrated fiat banking. | $29.6M | Seed | Oct 15, 2021 | http://meld.com/ |

3 of 3 investments shown.

## Co-investors
- [CRE Venture Capital](https://shizune.co/investors/profile/africa-angels-network) — VC Fund, 1 deal together
- [Aureli Ventures](https://shizune.co/investors/profile/aureli-ventures) — VC Fund, 1 deal together
- [Avalon Wealth Club](https://shizune.co/investors/profile/avalon-wealth-club) — VC Fund, 1 deal together
- [BBS Finance](https://shizune.co/investors/profile/bbs-finance) — VC Fund, 1 deal together
- [BlackDragon](https://shizune.co/investors/profile/blackdragon-f0e4) — VC Fund, 1 deal together
- [Bonfire Ventures](https://shizune.co/investors/profile/bonfire-ventures) — VC Fund, 1 deal together

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### Similar industry
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### Similar stage
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### Similar country
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## FAQ

### What does DeSpace Protocol invest in?

DeSpace Protocol invests primarily in Cryptocurrency, Financial Services and Web3 startups, most often at Seed stage. Most of the 3 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is DeSpace Protocol's check size?

DeSpace Protocol typically joins rounds of $240k–$30M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds DeSpace Protocol participates in.

### When did DeSpace Protocol last invest?

The most recent investment recorded for DeSpace Protocol closed in Dec 2021. Shizune tracks 3 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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