# Photon Reality

> Photon Reality is a VC fund backing Bitcoin, Hardware and Blockchain. See 3 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Apr 2019
- Lead investor: 0%
- Last updated: Sep 2026
- Website: http://www.photonreality.com/
- Facebook: https://www.facebook.com/PhotonReality/

Photon Reality is a VC fund focused on Bitcoin and Hardware. Photon Reality provides early stage seed investment to blockchain and crypto businesses.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Bitcoin | 1 | 33% |
| Hardware | 1 | 33% |
| Blockchain | 1 | 33% |
| Cryptocurrency | 1 | 33% |
| Cyber Security | 1 | 33% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Pre-Seed | 1 | 33% |
| Convertible Note | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| AsicVault | AsicVault has designed physically secure Bitcoin hardware wallet incorporating active anti-tamper technologies, SRAM PUF and 2 million rounds of SHA-512. AsicVault develops innovative high performance security solutions for cryptocurrencies targeted both for individuals and companies, by leveraging custom hardware design. AsicVault was founded in2016 and is based in Tallinn, Estonia. |  | Convertible Note | Apr 20, 2019 | https://asicvault.io/ |
| AsicVault | AsicVault has designed physically secure Bitcoin hardware wallet incorporating active anti-tamper technologies, SRAM PUF and 2 million rounds of SHA-512. AsicVault develops innovative high performance security solutions for cryptocurrencies targeted both for individuals and companies, by leveraging custom hardware design. AsicVault was founded in2016 and is based in Tallinn, Estonia. | $538K | Seed | Feb 01, 2018 | https://asicvault.io/ |
| AsicVault | AsicVault has designed physically secure Bitcoin hardware wallet incorporating active anti-tamper technologies, SRAM PUF and 2 million rounds of SHA-512. AsicVault develops innovative high performance security solutions for cryptocurrencies targeted both for individuals and companies, by leveraging custom hardware design. AsicVault was founded in2016 and is based in Tallinn, Estonia. | $218K | Pre-Seed | Jan 01, 2017 | https://asicvault.io/ |

3 of 3 investments shown.

## Co-investors
- [AsicVault Capital](https://shizune.co/investors/profile/asicvault-capital) — VC Fund, 1 deal together
- [AV Nordic Holding](https://shizune.co/investors/profile/av-nordic-holding) — VC Fund, 1 deal together
- [Logistika AG](https://shizune.co/investors/profile/logistika-ag) — VC Fund, 1 deal together
- [Svaraat](https://shizune.co/investors/profile/svaraat) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund
- [Polychain](https://shizune.co/investors/profile/polychain-capital) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

### Similar country
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund
- [Superangel](https://shizune.co/investors/profile/superangel) — VC Fund
- [Tera Ventures](https://shizune.co/investors/profile/tera-ventures) — VC Fund

## Featured in investor lists
- [Cryptocurrency VC Funds in Estonia](https://shizune.co/investors/cryptocurrency-vc-funds-estonia)
- [Hardware VC Funds in Estonia](https://shizune.co/investors/hardware-vc-funds-estonia)

## FAQ

### What does Photon Reality invest in?

Photon Reality invests primarily in Bitcoin, Hardware and Blockchain startups, most often at Seed and Pre-Seed stage. Most of the 3 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Photon Reality last invest?

The most recent investment recorded for Photon Reality closed in Apr 2019. 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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