# Reforge

> Reforge is a VC fund backing Blockchain, Web3 and Cryptocurrency. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 7
- Last investment: Jun 2026
- Lead investor: 29%
- Last updated: Aug 2026
- Website: https://x.com/reforge_vc

Reforge is an investment firm.

## Round sizes

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 5 | 71% |
| Web3 | 3 | 43% |
| Cryptocurrency | 3 | 43% |
| FinTech | 2 | 29% |
| Robotics | 1 | 14% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 71% |
| Pre-Seed | 2 | 29% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 43% |
| Puerto Rico | 2 | 29% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Techdollar | Techdollar operates a private credit platform that originates and underwrites loans secured against private company equity. The service enables late-stage startup founders, employees, and institutional investors to unlock liquidity from their shares without triggering a taxable sale or losing long-term upside. | $3M | Pre-Seed | Jun 26, 2026 |  |
| Doppler Finance | Doppler Finance is a yield-earning platform that unlock earning opportunities within the XRPL ecosystem | $3M | Seed | Aug 07, 2025 |  |
| Optimum | Optimum constitutes a decentralized, high-performance memory infrastructure tailored for use across various blockchains. | $11M | Seed | Apr 15, 2025 |  |
| Exocore | Exocore is the layer one blockchain for aggregated security. | $5M | Seed | Feb 24, 2025 |  |
| IMUA | IMUA is a Layer 1 blockchain that provides shared security by combining decentralized security from well-known blockchains. | $5M | Seed | Feb 24, 2025 |  |
| Altius Labs | Altius Labs is focused on developing a modular execution stack that works without depending on virtual machines (VMs). | $11M | Pre-Seed | Feb 18, 2025 |  |
| Pharos | Pharos incorporates effective blockchain technology into real-world asset verticals and decentralized finance. Pharos Network is promoting trustless innovations that benefit asset markets and underprivileged communities, bolstering the global economy of the future and facilitating the widespread use of Web3 technologies. | $8M | Seed | Sep 01, 2024 |  |

7 of 7 investments shown.

## Co-investors
- [MH Ventures](https://shizune.co/investors/profile/mh-ventures) — VC Fund, 4 deals together
- [NoLimit Holdings](https://shizune.co/investors/profile/nolimit-holdings) — VC Fund, 4 deals together
- [57Blocks](https://shizune.co/investors/profile/57blocks) — VC Fund, 2 deals together
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund, 2 deals together
- [Draper Dragon](https://shizune.co/investors/profile/draper-dragon) — VC Fund, 2 deals together
- [Lecca Ventures](https://shizune.co/investors/profile/lecca-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Reforge invest in?

Reforge invests primarily in Blockchain, Web3 and Cryptocurrency startups, most often at Seed and Pre-Seed stage. Most of the 7 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 Reforge's check size?

Reforge typically joins rounds of $3M–$11M at Seed and $3M–$11M 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 Reforge participates in.

### When did Reforge last invest?

The most recent investment recorded for Reforge closed in Jun 2026. Shizune tracks 7 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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