# MultiversX

> MultiversX is a VC fund in Sibiu backing Blockchain and Cryptocurrency. See 11 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Sibiu, Romania
- Total investments: 11
- Last investment: Sep 2025
- Lead investor: 18%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/elrondnetwork/
- X (Twitter): https://twitter.com/elrondnetwork
- Website: https://elrond.com/
- Facebook: https://www.facebook.com/ElrondNetwork

MultiversX is a VC fund in Sibiu focused on Blockchain and Cryptocurrency. Elrond's mission is to (1) create a global, transparent, near-instant, non-inflationary financial system, and (2) give anyone, anywhere, easy access to it.For 3 years we've been building a powerful solution to address the first part of the mission. The solution is a high bandwidth, low latency, high security, low-cost blockchainnetwork, that can accommodate transactions and value exchange at the internet scale.The solution is LIVE NOW, and can process above 15.000 transactions per second, with 6-second latency, and $0.001 transaction cost. This will radically transform the way we exchange value, just as broadband internet transformed the way we communicate.Adding value to that, we have announced more than 60 collaborations and partnerships to aggressively expand the Elrond ecosystem, adding significant utility, increasing outreach, and enabling applications to leverage the Elrond technology.

## Contacts

5 contacts available for MultiversX. Shizune tracks 3 team members at MultiversX. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/elrond?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $3.5M–$4M |
| Venture - Series Unknown | $2M–$100M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 5 | 45% |
| Cryptocurrency | 5 | 45% |
| Information Technology | 4 | 36% |
| Gaming | 3 | 27% |
| FinTech | 3 | 27% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 27% |
| Funding Round | 3 | 27% |
| Venture - Series Unknown | 3 | 27% |
| Series A | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 9% |
| France | 1 | 9% |
| Portugal | 1 | 9% |
| Australia | 1 | 9% |
| Singapore | 1 | 9% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Beniamin Mincu | Co-founder and CEO | 1 | https://shizune.co/investors/profile/beniamin-mincu |
| Lucian Mincu | Co-founder and CIO | 1 | https://shizune.co/investors/profile/lucian-mincu |
| Lucian Todea | Co-Founder and COO | 0 | https://shizune.co/investors/profile/lucian-todea |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| xMoney | ​xMoney is a payment platform developed by MultiversX, enabling users to conduct transactions using both cryptocurrencies and traditional fiat currencies. The platform offers features such as accepting payments in various cryptocurrencies, including $EGLD, $USDC, $USDT, $BTC, $ETH, and $UTK. It also provides tools like Pay Links for sharing paymentlinks and Pay Requests for invoicing, aiming to facilitate both crypto and fiat transactions. | $21.5M |  | Sep 30, 2025 |  |
| Pell Network | Pell Network is a precisely constructed multi-layered restaking network with a great user experience, clear role segregation, and a closed-loop business logic chain. | $3.5M | Seed | Jan 28, 2025 |  |
| Ta-da | Ta-da is an AI data marketplace that innovates the traditional method of collecting and verifying data through crowdsourcing using blockchain technology. | $3.5M | Seed | Jan 09, 2024 |  |
| Hatom Labs | Hatom Protocol is a decentralized, algorithmic protocol for lending and borrowing assets that operates on the Elrond Network. Hatom is a decentralized finance (DeFi) ecosystem built on the MultiversX blockchain, designed to provide secure, scalable, and non-custodial financial services. Launched in 2023, Hatom became the first liquidity protocol onMultiversX, offering a complete suite of DeFi products including lending and borrowing, liquid staking, native stablecoins, staking modules, and cross-chain interoperability solutions. The platform focuses on building sustainable and secure decentralized financial infrastructure while improving liquidity and capital efficiency across the MultiversX ecosystem. |  | Venture - Series Unknown | Jan 01, 2023 |  |
| Improbable | Improbable is dedicated to building powerful technology designed to help solve previously impossible problems and enable the creation of new realities. In gaming and entertainment, Improbable unlocks truly next-generation gameplay through virtual worlds of unprecedented scale, persistence, and richness. In other industries, they hope to help answercritical questions through simulations that could lead to a better functioning world.Their platform, SpatialOS, lets developers transcend the limits of regular computation, allowing swarms of servers running in the cloud to cooperate in order to simulate worlds far larger and more complex than any single server could.They are a British technology company proudly building a diverse workforce, driven by a shared desire to improve and achieve extraordinary things. They are crafting technology for the future and fostering a problem-solving culture that embraces innovation through iteration and experimentation.stitutions across the world. | $100M | Venture - Series Unknown | Oct 03, 2022 |  |
| Cantina Royale | Cantina Royale is a shooter game that allows players to use different NFT collections and take them into PVP and PVE missions. Their 3D Modeling technologies allow NFT Interoperability into the Cantina universe. NFT owners can lease out their digital assets to players and split in-game rewards automatically. | $4.5M |  | May 26, 2022 |  |
| Itheum | Itheum is a first-of-its-kind data infrastructure platform that brokers the sale of your data (which is highly valuable) to the AI industry (which needs much more data sourced with consent). We are building blockchain-powered technology for data tokenization, data licensing, data provenance and creator protection, data marketplaces, and datagovernance - pretty much, the entire "AI data infrastructure rails" you will need to power a new data economy for this AI first-era we are live in. | $4M |  | Mar 17, 2022 |  |
| Itheum | Itheum is a first-of-its-kind data infrastructure platform that brokers the sale of your data (which is highly valuable) to the AI industry (which needs much more data sourced with consent). We are building blockchain-powered technology for data tokenization, data licensing, data provenance and creator protection, data marketplaces, and datagovernance - pretty much, the entire "AI data infrastructure rails" you will need to power a new data economy for this AI first-era we are live in. | $4M | Seed | Mar 17, 2022 |  |
| Runtime Verification | Runtime Vеrification is a dynamic software analysis technique to automatically detect bugs and errors in a software system. Founded in 2010, Runtime Vеrification is headquartered in Urbana, Illinois, United States. | $5.3M | Series A | Jun 30, 2021 |  |
| Runtime Verification | Runtime Vеrification is a dynamic software analysis technique to automatically detect bugs and errors in a software system. Founded in 2010, Runtime Vеrification is headquartered in Urbana, Illinois, United States. | $5.3M | Series A | Jun 30, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [cFund](https://shizune.co/investors/profile/cfund) — VC Fund, 3 deals together
- [Hypersphere Ventures](https://shizune.co/investors/profile/hypersphere-ventures) — VC Fund, 3 deals together
- [Mechanism Capital](https://shizune.co/investors/profile/mechanism-capital) — VC Fund, 3 deals together
- [MHC Digital Finance](https://shizune.co/investors/profile/mhc-digital-finance) — VC Fund, 3 deals together
- [Morningstar Ventures](https://shizune.co/investors/profile/morningstar-ventures) — VC Fund, 3 deals together
- [Skynet EGLD Capital](https://shizune.co/investors/profile/skynet-egld-capital) — VC Fund, 3 deals together

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## FAQ

### What does MultiversX invest in?

MultiversX invests primarily in Blockchain, Cryptocurrency and Information Technology startups, most often at Seed and Funding Round stage. Most of the 11 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MultiversX's check size?

MultiversX typically joins rounds of $3.5M–$4M at Seed and $2M–$100M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MultiversX participates in.

### How do I contact MultiversX?

Public channels for MultiversX include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at MultiversX?

The team at MultiversX includes Beniamin Mincu (Co-founder and CEO), Lucian Mincu (Co-founder and CIO) and Lucian Todea (Co-Founder and COO). The Team section lists each member with their title, investment count and links.

### 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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