# Pnyx Ventures

> Pnyx Ventures is a VC fund backing Blockchain, Cryptocurrency and Financial Services. See 37 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 37
- Last investment: Sep 2024
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): https://twitter.com/PnyxVentures
- Website: https://pnyx.ventures/

PNYX Ventures is a digital asset management firm specialising in blockchain capital markets.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.6M–$7M |
| Pre-Seed | $885k–$2.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 18 | 49% |
| Cryptocurrency | 11 | 30% |
| Financial Services | 9 | 24% |
| Information Technology | 6 | 16% |
| Finance | 5 | 14% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 20 | 54% |
| Funding Round | 5 | 14% |
| Series A | 4 | 11% |
| Pre-Seed | 3 | 8% |
| Venture - Series Unknown | 3 | 8% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 6 | 16% |
| Canada | 3 | 8% |
| Singapore | 3 | 8% |
| Estonia | 2 | 5% |
| Germany | 2 | 5% |

12 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| t1 (aka t1 protocol) | t1 protocol cross-chain applications and scalability are facilitated by real-time proofs and immediate settlement. | $2.5M | Pre-Seed | Sep 09, 2024 |  |
| Webb Protocol | Webb Protocol is a multi-chain privacy technology that allows assets to be transferred across blockchain protocols while ensuring financial anonymity. We incentivize privacy creation through innovative economic design and aim to become the most decentralized privacy system imaginable. | $7M | Seed | May 08, 2023 |  |
| Genesis Shards | Genesis Shards is transforming NFTs into a liquidity vehicle for Pre-IDO tokens and a whole new suite of DeFi products. | $2.7M | Seed | Nov 08, 2022 |  |
| Joystream | JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. | $5.9M |  | Mar 23, 2022 |  |
| RabbitX | STRIPS was designed to allow users to trade, speculate, and hedge interest rates. STRIPS cutting edge AMM technology allows for cross-chain yield markets on the most popular DeFi and CeFi platforms. |  | Venture - Series Unknown | Jan 01, 2022 |  |
| TokoCrypto | TokoCrypto is building a TokoScape Ecosystem to spread financial freedom and Aims to Indonesia’s crypto ecosystem. |  | Seed | Dec 21, 2021 |  |
| Manta Network | Manta Network is building a secure and interoperable future with Zero-Knowledge. | $5.5M | Seed | Oct 19, 2021 |  |
| Joystream | JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. | $5.9M | Seed | Sep 23, 2021 |  |
| Minterest | Minterest is a decentralised lending protocol which facilitates interest rate markets for token assets. It features a unique economic model where the protocol itself captures 100% of the fees generated from its functions, including interest, flash loan, and auto-liquidation fees.These fees are exchanged via automated buyback processes for itsnative MNT governance token which is then distributed to its users to reward them for their participation in the protocol’s governance. In doing so, Minterest delivers its users the highest long term yields in DeFi. |  | Seed | Sep 16, 2021 |  |
| Composable Finance | Composable Finance is creating infrastructure to unlock the multi-layer, and multi-chain future of Ethereum, and other layers 1 blockchain. | $7M |  | Jun 01, 2021 |  |

10 of 37 investments shown.

## Co-investors
- [AU21 Capital](https://shizune.co/investors/profile/au21-capital) — VC Fund, 16 deals together
- [CMS Holdings](https://shizune.co/investors/profile/cms-holdings) — VC Fund, 14 deals together
- [Hypersphere Ventures](https://shizune.co/investors/profile/hypersphere-ventures) — VC Fund, 13 deals together
- [Signum Capital](https://shizune.co/investors/profile/signum-capital) — VC Fund, 12 deals together
- [LD Capital](https://shizune.co/investors/profile/ld-capital) — VC Fund, 10 deals together
- [Genblock Capital](https://shizune.co/investors/profile/genblock-capital) — VC Fund, 8 deals together

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## FAQ

### What does Pnyx Ventures invest in?

Pnyx Ventures invests primarily in Blockchain, Cryptocurrency and Financial Services startups, most often at Seed and Funding Round stage. Most of the 37 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 Pnyx Ventures's check size?

Pnyx Ventures typically joins rounds of $1.6M–$7M at Seed and $885k–$2.5M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Pnyx Ventures participates in.

### When did Pnyx Ventures last invest?

The most recent investment recorded for Pnyx Ventures closed in Sep 2024. Shizune tracks 37 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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