# Spicy Capital

> Spicy Capital is a VC fund in Panama City backing Blockchain, Bitcoin and Gaming. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Panama City, Panama
- Total investments: 12
- Last investment: Feb 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/spicy-capital
- X (Twitter): https://twitter.com/SpicyCapitalVC
- Website: https://spicy.capital

Spicy Capital is a VC fund in Panama City focused on Blockchain and Bitcoin. Spicy Capital is dedicated to supporting innovative ideas that aim to transform the blockchain sector. They help initiatives from fundraising to success by leveraging our deep experience and industry relationships.

## Round sizes

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 6 | 50% |
| Bitcoin | 3 | 25% |
| Gaming | 2 | 17% |
| Cryptocurrency | 2 | 17% |
| Trading Platform | 2 | 17% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 9 | 75% |
| Pre-Seed | 1 | 8% |
| Series A | 1 | 8% |
| Venture - Series Unknown | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 2 | 17% |
| Costa Rica | 1 | 8% |
| Saudi Arabia | 1 | 8% |
| United States | 1 | 8% |
| Marshall Islands | 1 | 8% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Time Universe | Token unified consumer ecosystem across social, gaming, and creator infrastructure | $200K | Seed | Feb 17, 2026 |  |
| Gambit Markets | AI powered prediction markets trading infrastructure | $200K | Seed | Feb 10, 2026 |  |
| OpenPad AI | OpenPad AI is pioneering a new era of investment, harnessing the power of decentralized AI analytics and collaborative intelligence to deliver data-backed investment strategies. By combining blockchain technology with edge computing, we create a decentralized learning ecosystem that empowers AI Agents to actively participate in model training anddecision-making. | $2M | Seed | Dec 02, 2024 |  |
| Stabble | Stabble is the first frictionless exchange protocol on Solana that eliminates financial losses for all DeFi users. | $2.5M | Seed | Aug 05, 2024 |  |
| Astra Nova | Astra Nova is a Web3 RPG that throws players into the center of an inter-dimensional conflict between godlike avatars of Chaos and Order.In our dynamic, story-driven 3rd Person Action Adventure, players explore the mysteries of their new home planet, battle to unite warring factions & rally their forces against the coming onslaught of TheAccretion.As the Final Envoy, players control their destinies, from designing their own custom character & choice of specialty skills to navigating a storyline full of twists and turns.Action Gameplay is enhanced by a unique Companion System allowing players to swap in either story-based MPCs or NFT-powered NPCs.Diplomatic Gameplay includes a Resource Management game mode further enhanced by our unique NFT-compatible Outpost System. | $1M | Seed | Apr 19, 2024 |  |
| Atomiq DeFi | Atomiq DeFi is a decentralized finance (DeFi) product suite built on the Mintlayer protocol. | $3M | Seed | Apr 15, 2024 |  |
| GPU.Net | GPU Network is a decentralized graphics processing unit on-demand infrastructure that supports the next generation of Generative AI, Web3 Metaverses, high-end graphics rendering, and cryptocurrency mining. | $5.3M | Series A | Apr 10, 2024 |  |
| OpenStamp | OpenStamp is a comprehensive one-stop service platform based on the STAMP Protocol, which is well-known for its strong security and dependability within the bitcoin ecosystem. |  | Seed | Mar 21, 2024 |  |
| OrangeDX | OrangeDX is a Bitcoin DeFi hub that allows users to trade, swap, secure, and launch BRC20 and bridged EVM tokens. | $2.5M | Seed | Mar 14, 2024 |  |
| KIP Protocol | KIP Protocol is a Web3 underlying protocol that focuses on AI. The KIP Protocol protects the digital property rights of artificial intelligence value creators via Web3 and seeks to support the shared goal of decentralized artificial intelligence. | $5M | Venture - Series Unknown | Feb 01, 2024 |  |

10 of 12 investments shown.

## Co-investors
- [X21 Digital](https://shizune.co/investors/profile/x21-digital) — VC Fund, 3 deals together
- [Alphabit Fund](https://shizune.co/investors/profile/alphabit-fund) — VC Fund, 2 deals together
- [Animoca Ventures](https://shizune.co/investors/profile/animoca-ventures) — VC Fund, 2 deals together
- [Avalon Wealth Club](https://shizune.co/investors/profile/avalon-wealth-club) — VC Fund, 2 deals together
- [Boba Network](https://shizune.co/investors/profile/boba-network) — VC Fund, 2 deals together
- [Brinc](https://shizune.co/investors/profile/brinc-io) — VC Fund, 2 deals together

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### Similar industry
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### Similar stage
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### Similar country
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## FAQ

### What does Spicy Capital invest in?

Spicy Capital invests primarily in Blockchain, Bitcoin and Gaming startups, most often at Seed and Pre-Seed stage. Most of the 12 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Spicy Capital's check size?

Spicy Capital typically joins rounds of $50k–$3M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Spicy Capital participates in.

### When did Spicy Capital last invest?

The most recent investment recorded for Spicy Capital closed in Feb 2026. Shizune tracks 12 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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