# Mike Silagadze

> Mike Silagadze is a seed investor at ether.fi backing Decentralized Finance (DeFi). See 15 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [ether.fi](https://shizune.co/investors/profile/ether-fi)
- Location: Toronto, Canada
- Total investments: 15
- Last investment: Jul 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/gadzemike
- X (Twitter): https://twitter.com/mikesilagadze
- Facebook: https://www.facebook.com/mike.silagadze

Mike Silagadze is a seed investor at ether.fi in Toronto focused on Decentralized Finance (DeFi) and Cryptocurrency. Mike Silagadze is based out of George Town, Cayman Islands and is the Founder and CEO of ether.fi. Mike previously worked at Top Hat as a Founder and Board member. Mike Silagadze attended University of Waterloo.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$8M |
| Series A | $15M–$18M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Decentralized Finance (DeFi) | 6 | 40% |
| Cryptocurrency | 5 | 33% |
| Blockchain | 4 | 27% |
| Information Technology | 3 | 20% |
| Finance | 2 | 13% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 10 | 67% |
| Series A | 2 | 13% |
| Pre-Seed | 1 | 7% |
| Post-IPO Equity | 1 | 7% |
| Venture - Series Unknown | 1 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 2 | 13% |
| Canada | 1 | 7% |
| United Kingdom | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Forum Markets | 180 Life Sciences Corp. is a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain by leveraging the combined expertise of luminaries in therapeutics from Oxford University, the Hebrew University, and Stanford University. | $425M | Post-IPO Equity | Jul 29, 2025 |  |
| Veda | Veda operates as a vault infrastructure platform
in DeFi. | $18M | Series A | Jun 22, 2025 |  |
| Rover | Rover is a liquid staking protocol on Botanix that exchanges Bitcoin for rovBTC. | $4.1M | Seed | May 20, 2025 |  |
| Neptune Protocol | Neptune Protocol is a decentralized lending platform. It enhances capital efficiency by enabling customers to obtain liquidity in a secure manner. | $3.9M | Seed | Dec 10, 2024 |  |
| Magma | Magma is a decentralized liquid staking protocol built on the Monad Network, an Ethereum-compatible Layer 1 blockchain. | $3.9M | Seed | Oct 30, 2024 |  |
| Fluid Protocol | Fluid Protocol is a decentralized, over-collateralized lending mechanism designed especially for Fuel Network. In order to maximize capital efficiency, Fluid offers users a safe and effective method of releasing liquidity from their collateral without having to liquidate their underlying assets. | $3.9M | Seed | Oct 23, 2024 |  |
| Predicate | Predicate network simplifies transaction prerequisites. | $7M | Seed | Oct 15, 2024 |  |
| Layer | Ethereum is the settlement layer, build full stack decentralized apps on top with Web Assembly and the EVM. | $6M | Seed | Oct 03, 2024 |  |
| Mind Network | Mind Network is a full-encryption network built on a proprietary adaptive fully homomorphic encryption (FHE) framework to secure all user data, smart contracts, and AI on Web3. | $10M | Seed | Sep 27, 2024 |  |
| aPriori | aPriori is a monad-native MEV infrastructure and liquid staking mechanism developed for parallel executions. | $8M | Seed | Jul 23, 2024 |  |

10 of 15 investments shown.

## Co-investors
- [Maelstrom](https://shizune.co/investors/profile/maelstrom) — VC Fund, 6 deals together
- [Relayer Capital](https://shizune.co/investors/profile/relayer-capital) — VC Fund, 5 deals together
- [Stake Capital Group](https://shizune.co/investors/profile/stake-capital) — VC Fund, 5 deals together
- [Animoca Ventures](https://shizune.co/investors/profile/animoca-ventures) — VC Fund, 4 deals together
- [Bloccelerate VC](https://shizune.co/investors/profile/bloccelerate) — VC Fund, 4 deals together
- [Builder Capital](https://shizune.co/investors/profile/builder-capital) — VC Fund, 4 deals together

## About ether.fi

VC Fund · George Town, Cayman Islands

EtherFi is a non-custodial decentralized ETH staking method that distributes staking to node operators in exchange for rewards.

1 contacts available at ether.fi.

| Name | Title | Profile |
| --- | --- | --- |
| Mike Silagadze | Founder,CEO | https://shizune.co/investors/profile/mike-silagadze |

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## FAQ

### What does Mike Silagadze invest in?

Mike Silagadze invests primarily in Decentralized Finance (DeFi), Cryptocurrency and Blockchain startups, most often at Seed and Series A stage. Most of the 15 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 Mike Silagadze's check size?

Mike Silagadze typically joins rounds of $1.5M–$8M at Seed and $15M–$18M 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 Mike Silagadze participates in.

### When did Mike Silagadze last invest?

The most recent investment recorded for Mike Silagadze closed in Jul 2025. Shizune tracks 15 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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