# Phaedrus

> Phaedrus is a VC fund backing Cryptocurrency, Financial Services and Web3. See 3 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Dec 2024
- Lead investor: 0%
- Last updated: Aug 2026

Phaedrus is a VC fund focused on Cryptocurrency and Financial Services. Phaedrus operates as an investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cryptocurrency | 2 | 67% |
| Financial Services | 2 | 67% |
| Web3 | 1 | 33% |
| Decentralized Finance (DeFi) | 1 | 33% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Pre-Seed | 1 | 33% |
| Series A | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| France | 1 | 33% |
| Germany | 1 | 33% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Usual | Usual Labs operates as a decentralized finance(DeFi) protocol. | $10M | Series A | Dec 23, 2024 | https://usual.money/ |
| tread.fi | Distributed trading infrastructure for digital assets | $3.5M | Pre-Seed | Jul 10, 2024 | https://www.tread.fi |
| Midas | Midas is a cryptocurrency application that allows users to sell and invest in cryptocurrency and tokens. | $8.8M | Seed | Mar 26, 2024 | https://midas.app/ |

3 of 3 investments shown.

## Co-investors
- [GSR](https://shizune.co/investors/profile/gsr) — VC Fund, 2 deals together
- [White Loop Capital](https://shizune.co/investors/profile/white-loop-capital) — VC Fund, 2 deals together
- [6th Man Ventures](https://shizune.co/investors/profile/6th-man-ventures) — VC Fund, 1 deal together
- [Aquanow](https://shizune.co/investors/profile/aquanow) — VC Fund, 1 deal together
- [Axelar Network](https://shizune.co/investors/profile/axelar-a039) — VC Fund, 1 deal together
- [YZi Labs](https://shizune.co/investors/profile/binance-labs-b05e) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Polychain](https://shizune.co/investors/profile/polychain-capital) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — 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
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund
- [HV Capital](https://shizune.co/investors/profile/holtzbrinck-ventures) — VC Fund
- [IBB Ventures](https://shizune.co/investors/profile/ibb) — VC Fund

## Featured in investor lists
- [Cryptocurrency Investors in Germany](https://shizune.co/investors/cryptocurrency-investors-germany)
- [Cryptocurrency VC Funds in Germany](https://shizune.co/investors/cryptocurrency-vc-funds-germany)

## FAQ

### What does Phaedrus invest in?

Phaedrus invests primarily in Cryptocurrency, Financial Services and Web3 startups, most often at Seed and Pre-Seed stage. Most of the 3 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Phaedrus last invest?

The most recent investment recorded for Phaedrus closed in Dec 2024. 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.

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