# Illusionist Group

> Illusionist Group is a VC fund backing Blockchain and Information Technology. See 15 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Hue, Vietnam
- Total investments: 15
- Last investment: Oct 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/illusionistgroup
- X (Twitter): https://twitter.com/IllusionistGRP
- Website: https://illusionistgroup.com/

Illusionist Group is a VC fund in Hue focused on Blockchain and Information Technology. Illusionist Group invests in technical teams having robust and innovative projects with the aim to grow a larger and stronger blockchain ecosystem.

## Contacts

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.8M–$5.9M |
| Series A | $4.1M–$33M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 5 | 33% |
| Information Technology | 4 | 27% |
| Software | 3 | 20% |
| Cryptocurrency | 3 | 20% |
| Apps | 2 | 13% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 9 | 60% |
| Series A | 3 | 20% |
| Funding Round | 3 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| New Zealand | 2 | 13% |
| Switzerland | 2 | 13% |
| United States | 2 | 13% |
| Israel | 1 | 7% |
| Norway | 1 | 7% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Tony Montana | Co-Founder | 0 | https://shizune.co/investors/profile/tony-montana-e4b3 |
| Don Vito | Co-Founder | 0 | https://shizune.co/investors/profile/don-vito |
| Sang TranHong | Co-Founding Member, Investor Partner & Director | 0 | https://shizune.co/investors/profile/sang-tranhong |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Tapio Protocol | Tapio Protocol is a synthetic asset protocol that unifies different formats of staking and crowdloan derivatives into an efficient standard. Tapio is powered by the Stable Asset system, which enables efficient trading while minimizing risk by utilizing uniform, closely pegged assets with stable swaps and stable asset capabilities. | $4M | Seed | Oct 17, 2022 |  |
| Subsquid | Subsquid provides a query node infrastructure with a high level of customization and scalability to make blockchain data usable. Subsquid offers an easy way to build and deploy a custom ETL or GraphQL API for on-chain data. | $5.2M | Series A | Apr 25, 2022 |  |
| Joystream | JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. | $5.9M |  | Mar 23, 2022 |  |
| Autonomys | Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts.The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructurelayer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon. | $32.9M | Series A | Mar 01, 2022 |  |
| Autonomys | Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts.The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructurelayer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon. | $32.9M |  | Mar 01, 2022 |  |
| InvArch | Invarch is an intellectual property ownership, utility and cross-chain authentication protocol for Web3. | $1.8M | Seed | Feb 02, 2022 |  |
| Subsquid | Subsquid provides a query node infrastructure with a high level of customization and scalability to make blockchain data usable. Subsquid offers an easy way to build and deploy a custom ETL or GraphQL API for on-chain data. | $3.8M | Seed | Nov 11, 2021 |  |
| Joystream | JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. | $5.9M | Seed | Sep 23, 2021 |  |
| DeFi Land | DeFi Land is a multi-chain agriculture-simulation web-game created to gamify decentralized finance. | $4.1M | Series A | Sep 09, 2021 |  |
| Cyclos | Cyclos is a newly developed Solana-powered Defi project. | $2.1M | Seed | Sep 06, 2021 |  |

10 of 15 investments shown.

## Co-investors
- [Hypersphere Ventures](https://shizune.co/investors/profile/hypersphere-ventures) — VC Fund, 9 deals together
- [Kernel Ventures](https://shizune.co/investors/profile/kernel-ventures) — VC Fund, 8 deals together
- [Digital Finance Group (DFG)](https://shizune.co/investors/profile/digital-finance-group) — VC Fund, 6 deals together
- [LD Capital](https://shizune.co/investors/profile/ld-capital) — VC Fund, 6 deals together
- [NGC Ventures](https://shizune.co/investors/profile/neo-global-capital-ngc) — VC Fund, 6 deals together
- [PAKA Capital](https://shizune.co/investors/profile/paka-capital) — VC Fund, 6 deals together

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## FAQ

### What does Illusionist Group invest in?

Illusionist Group invests primarily in Blockchain, Information Technology and Software startups, most often at Seed and Series A stage. Most of the 15 investments tracked by Shizune back companies in New Zealand. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Illusionist Group's check size?

Illusionist Group typically joins rounds of $1.8M–$5.9M at Seed and $4.1M–$33M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Illusionist Group participates in.

### How do I contact Illusionist Group?

Public channels for Illusionist Group 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 Illusionist Group?

The team at Illusionist Group includes Tony Montana (Co-Founder), Don Vito (Co-Founder) and Sang TranHong (Co-Founding Member, Investor Partner & Director). 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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