# ID Theory

> ID Theory is a VC fund in London backing Blockchain, Cryptocurrency and Gaming. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: London, United Kingdom
- Total investments: 9
- Last investment: May 2025
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://idtheory.io/

ID Theory is a VC fund in London focused on Blockchain and Cryptocurrency. ID Theory apply a principled and innovative investment strategy within decentralized networks.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.6M–$18M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 6 | 67% |
| Cryptocurrency | 4 | 44% |
| Gaming | 2 | 22% |
| Software | 2 | 22% |
| Information Technology | 2 | 22% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 67% |
| Series A | 1 | 11% |
| Funding Round | 1 | 11% |
| Venture - Series Unknown | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 33% |
| Germany | 1 | 11% |
| Singapore | 1 | 11% |
| Cayman Islands | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Giza | Giza changes this by using zero-knowledge cryptography to bring model inferencing on-chain, unlocking a new depth for smart contract design. | $5.2M | Seed | May 15, 2025 |  |
| Allora Labs | Allora Labs is a blockchain-based protocol that incentivizes experts to answer subjective questions honestly and captures the value of truth. Its first product aims to provide an efficient price-discovery mechanism for NFTs by paying experts for honest appraisals unlocking new opportunities for experts and enabling a number of powerful new DeFiprimitives. | $3M | Venture - Series Unknown | Jun 24, 2024 |  |
| Creator.Bid | Creator.Bid allows content creators to create AI-driven digital assets to monetize their content. |  | Seed | Apr 25, 2024 |  |
| LabDAO | LabDAO is a research organization designed to unlock progress in the computational life sciences. They provide the tools needed to access funding, find collaborators, and perform research. | $3.6M | Seed | May 23, 2023 |  |
| Treasure | Treasure is building a gaming and entertainment powerhouse, built and owned by all.As a community-driven gaming ecosystem, we’re shaping a future where developers, creators, and players can build new experiences together. Where you can truly own your assets. And share in the collective growth of Treasure. All made possible by the blockchain.Treasure levels up game builders. We empower games to reach their full potential through our community-driven ethos, publishing stack, and novel approach to game building that gives developers everything they need to be successful.Since launching in September 2021, Treasure has become home to over 15+ games and counting to emerge as one of the leading gaming ecosystems in web3. Some of our leading titles include: The Beacon, Bitmates, Kaiju Cards, Knights of the Ether, Kuroro, Zeeverse, and Mighty Action Heroes. | $3.5M |  | Sep 22, 2022 |  |
| PrimeDAO | PrimeDAO is an open finance system based on programmable money that is being realized on Ethereum. The company develops tools that transform Defi into a collaborative ecosystem. | $2M | Seed | Sep 15, 2021 |  |
| BeetsDAO | The DAO connecting the world's creativity by incubating, tokenizing and creating shared incentives for creators and audiences in web3 | $1.6M | Seed | Sep 01, 2021 |  |
| NFT Oasis | NFT Oasis is a Metaverse as a Service (MaaS) platform. | $4.4M | Series A | Jul 08, 2021 |  |
| Dora Factory | Dora Factory is the digital infrastructure builder of the Global Hacker Movement. It creates protocols, toolings, and public good infrastructures that help open source communities and frontier tech builders to thrive. | $17.5M | Seed | Feb 07, 2021 |  |

9 of 9 investments shown.

## Co-investors
- [The LAO](https://shizune.co/investors/profile/the-lao) — VC Fund, 3 deals together
- [CMS Holdings](https://shizune.co/investors/profile/cms-holdings) — VC Fund, 2 deals together
- [Mechanism Capital](https://shizune.co/investors/profile/mechanism-capital) — VC Fund, 2 deals together
- [Signum Capital](https://shizune.co/investors/profile/signum-capital) — VC Fund, 2 deals together
- [Alchemy](https://shizune.co/investors/profile/alchemy-insights) — VC Fund, 1 deal together
- [AlfaDAO](https://shizune.co/investors/profile/alfadao) — VC Fund, 1 deal together

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## FAQ

### What does ID Theory invest in?

ID Theory invests primarily in Blockchain, Cryptocurrency and Gaming startups, most often at Seed and Series A stage. Most of the 9 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is ID Theory's check size?

ID Theory typically joins rounds of $1.6M–$18M 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 ID Theory participates in.

### When did ID Theory last invest?

The most recent investment recorded for ID Theory closed in May 2025. Shizune tracks 9 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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