# IBA

> IBA is a VC fund backing Gaming and Blockchain. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Dec 2021
- Lead investor: 0%
- Last updated: Aug 2026

IBA is a VC fund focused on Gaming and Blockchain. IBA

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.4M–$3.8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 2 | 67% |
| Blockchain | 1 | 33% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Initial Coin Offering | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Italy | 1 | 33% |
| Lithuania | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Arker:The legend of ohm | Arker is a nonfungible token (NFT), a play-to-earn game that allows users to earn crypto and trade it for actual money. To fight for the city of Ohm, players must recruit heroes of different classes. As a result, they increase the loot of Arker, a mineral of great value. Fighting against another player allows earning tokens, which can be exchangedfor items, and playing player-versus-environment enables to earn rewards for items. | $2.4M | Seed | Dec 08, 2021 |  |
| Spellfire | Spellfire is a legendary card-based NFT game powered by Ethereum. | $3.8M | Seed | Oct 06, 2021 |  |
| DeFIRE | DeFIRE is a decentralized smart order routing engine tapping into the Cardano ecosystem. | $5M | Initial Coin Offering | May 13, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [Exnetwork Capital](https://shizune.co/investors/profile/exnetwork-capital) — VC Fund, 2 deals together
- [Genblock Capital](https://shizune.co/investors/profile/genblock-capital) — VC Fund, 2 deals together
- [X21 Digital](https://shizune.co/investors/profile/x21-digital) — VC Fund, 2 deals together
- [Autonomy Capital](https://shizune.co/investors/profile/autonomy-capital) — VC Fund, 1 deal together
- [Avstar Capital](https://shizune.co/investors/profile/avstar-capital) — VC Fund, 1 deal together
- [Axia8 Ventures](https://shizune.co/investors/profile/axia8-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund
- [BITKRAFT Ventures](https://shizune.co/investors/profile/bitkraft-ventures) — 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
- [Practica Capital](https://shizune.co/investors/profile/practica-capital) — VC Fund
- [Coinvest Capital](https://shizune.co/investors/profile/coinvest-capital) — VC Fund
- [Iron Wolf Capital](https://shizune.co/investors/profile/iron-wolf-capital) — VC Fund

## Featured in investor lists
- [All Investors in Lithuania](https://shizune.co/investors/investors-lithuania)
- [Gaming Investors in Lithuania](https://shizune.co/investors/gaming-investors-lithuania)
- [Gaming VC Funds in Lithuania](https://shizune.co/investors/gaming-vc-funds-lithuania)
- [All VC Funds in Lithuania](https://shizune.co/investors/vc-funds-lithuania)
- [Web3 VC Funds in Lithuania](https://shizune.co/investors/web3-vc-funds-lithuania)
- [Blockchain VC Funds in Lithuania](https://shizune.co/investors/blockchain-vc-funds-lithuania)

## FAQ

### What does IBA invest in?

IBA invests primarily in Gaming and Blockchain startups, most often at Seed and Initial Coin Offering stage. Most of the 3 investments tracked by Shizune back companies in Italy. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is IBA's check size?

IBA typically joins rounds of $2.4M–$3.8M 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 IBA participates in.

### When did IBA last invest?

The most recent investment recorded for IBA 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co