# Public Works

> Public Works is a VC fund backing Blockchain, Cryptocurrency and Financial Services. See 23 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 23
- Last investment: Sep 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/public-works-fm/about/
- Website: https://publicworks.fm

Public Works is an investment firm.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.4M–$11M |
| Pre-Seed | $50k–$3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 14 | 61% |
| Cryptocurrency | 5 | 22% |
| Financial Services | 4 | 17% |
| Software | 3 | 13% |
| Web3 | 2 | 9% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 17 | 74% |
| Pre-Seed | 5 | 22% |
| Funding Round | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 8 | 35% |
| Australia | 2 | 9% |
| Singapore | 2 | 9% |
| India | 1 | 4% |
| France | 1 | 4% |

7 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BIO Protocol | The BIO Protocol (BIO) allows onchain scientific communities to fund, build, and co-own research and products in specific biomedical domains including lifespan, brain health, and rare disorders. BIO, founded by senior VitaDAO members, empowers worldwide communities of scientists, patients, and investors to take science into their own hands andbring solutions to life more effectively than traditional pharmaceutical companies. | $6.9M | Seed | Sep 17, 2025 |  |
| Limitless Labs | Limitless Labs is a research and development network focused on innovation in prediction markets, blockchain technology, and artificial intelligence. By leveraging cutting-edge research and collaborative efforts, it aims to create advanced solutions that enhance decision-making, transparency, and efficiency across various industries. | $4M | Seed | Jul 01, 2025 |  |
| RISE Chain | RISE is a next-generation Ethereum Layer 2 blockchain designed to redefine blockchain performance by delivering near-instant transaction confirmations at unprecedented scale, all while upholding Ethereum’s foundational principle of decentralization | $3.2M | Seed | May 19, 2025 |  |
| SpaceComputer | SpaceComputer uses satellites to create a secure blockchain system that resists cyberattacks and physical tampering. |  | Pre-Seed | May 13, 2025 |  |
| Fluent Labs | Fluent Labs is a blockchain development company. It aims to simplify blockchain development and enhance compatibility across different virtual machines. | $8M | Seed | Feb 19, 2025 |  |
| Spicenet | Spicenet is a hyper-fast Layer 2 (L2) trading solution, engineered as a custom application rollup to deliver ultra-fast, reliable, and efficient transaction processing for seamless trading experiences. | $3.4M | Seed | Dec 11, 2024 |  |
| Cytonic | Cytonic is a multi-virtual-machine blockchain. Cytonic is compatible with blockchains such as Bitcoin, Ethereum, and Solana. | $8.3M | Seed | Nov 07, 2024 |  |
| Phylax Systems | Phylax Systems is the operator of an open-source protocol platform designed to avoid hacking. Phylax System's platform censors hacks on L2 networks and supports all Ethereum virtual machine chains, giving corporations the confidence to invest in the decentralized market. | $4.5M | Seed | Nov 01, 2024 |  |
| Delta | Delta is a fully integrated solution designed from the ground up to eliminate the trade-off between sovereignty and interoperability for programmers. | $11M | Seed | Oct 10, 2024 |  |
| Limitless Labs | Limitless Labs is a research and development network focused on innovation in prediction markets, blockchain technology, and artificial intelligence. By leveraging cutting-edge research and collaborative efforts, it aims to create advanced solutions that enhance decision-making, transparency, and efficiency across various industries. | $3M | Pre-Seed | Sep 17, 2024 |  |

10 of 23 investments shown.

## Co-investors
- [Hack VC](https://shizune.co/investors/profile/hack-vc) — VC Fund, 3 deals together
- [IOSG Ventures](https://shizune.co/investors/profile/iosg-ventures) — VC Fund, 3 deals together
- [Triton Capital](https://shizune.co/investors/profile/kraken-ventures) — VC Fund, 3 deals together
- [LBANK Labs](https://shizune.co/investors/profile/lbank-labs) — VC Fund, 3 deals together
- [Maelstrom](https://shizune.co/investors/profile/maelstrom) — VC Fund, 3 deals together
- [MH Ventures](https://shizune.co/investors/profile/mh-ventures) — VC Fund, 3 deals together

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## FAQ

### What does Public Works invest in?

Public Works invests primarily in Blockchain, Cryptocurrency and Financial Services startups, most often at Seed and Pre-Seed stage. Most of the 23 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 Public Works's check size?

Public Works typically joins rounds of $2.4M–$11M at Seed and $50k–$3M 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 Public Works participates in.

### When did Public Works last invest?

The most recent investment recorded for Public Works closed in Sep 2025. Shizune tracks 23 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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