# Tenzor Capital

> Tenzor Capital is a VC fund backing Blockchain and Cryptocurrency. See 24 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Gibraltar, Gibraltar
- Total investments: 24
- Last investment: May 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/tenzor-capital/
- X (Twitter): https://twitter.com/tenzorcapital
- Website: https://www.tenzor.capital

Tenzor Capital is a $40M venture capital fund active since 2017 that invests in crypto and Web3 startups. Tenzor backs ventures at any stage with token or equity investments, ranging from $100k to $3m. Tenzor provides strategic support with marketing, hiring, and accelerating growth.

## Contacts

5 contacts available for Tenzor Capital. Shizune tracks 2 team members at Tenzor Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/tenzor-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$8.5M |
| Pre-Seed | $1M–$3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 12 | 50% |
| Cryptocurrency | 6 | 25% |
| Software | 4 | 17% |
| Financial Services | 3 | 13% |
| Gaming | 2 | 8% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 63% |
| Pre-Seed | 4 | 17% |
| Funding Round | 2 | 8% |
| Initial Coin Offering | 1 | 4% |
| Non-equity Assistance | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 3 | 13% |
| United States | 3 | 13% |
| United Kingdom | 3 | 13% |
| India | 1 | 4% |
| Serbia | 1 | 4% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kirill Kovalev | Partner | 0 | https://shizune.co/investors/profile/kirill-kovalev |
| Kirill Medvedev | Partner | 0 | https://shizune.co/investors/profile/kirill-medvedev-fb35 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Thytadel | Infrastructure for governing the supply and utilisation of physical assets | $500K | Non-equity Assistance | May 15, 2025 |  |
| Sats Terminal | Sats Terminal is a Bitcoin DeFi aggregation protocol that integrates fragmented DeFi opportunities. | $1.7M | Pre-Seed | Apr 08, 2025 |  |
| KOKODI | KOKODI is a cross-chain, multi-platform MMO game that allows players to play with zero-knowledge cryptography. | $1.1M | Seed | Nov 18, 2024 |  |
| Zyfi | Zyfi is a flexible paymaster-as-a-service that allows you to pay for gas using any ERC-20 on zksync. | $2M | Seed | Jun 10, 2024 |  |
| Zeko Labs | Zeko Labs is a zero-knowledge cross-chain scaling protocol built on Mina and designed for developers shaping the future of finance, AI, gaming, and the internet. | $3M | Pre-Seed | Apr 17, 2024 |  |
| Hedgehog Protocol | Hedgehog Protocol operates as a cryptocurrency trading fee hedging protocol. | $1.5M | Pre-Seed | Mar 06, 2024 |  |
| Kodiak Finance | Kodiak Finance is a DEX project solution provider, combines centralized and automated liquidity management. Their product package is intended to provide traders with the greatest possible trading experience while also simplifying centralized liquidity provisioning for liquidity providers and protocols. They provide a full range of trading andliquidity solutions by integrating the DEX layers: Decentralized Exchange (Kodiak DEX), Automated Liquidity Manager (Kodiak Islands), Comprehensive incentive layer (Sweet Island), Codeless Token Deployment Factory (Panda Factory) | $2M | Seed | Feb 03, 2024 |  |
| Infrared Finance | Infrared Finance is a proof-of-liquidity protocol that enables liquidity staking within the Berachain ecosystem using Proof-of-Liquidity (PoL). | $2.5M | Seed | Jan 29, 2024 |  |
| Root Protocol | Root Protocol is developing an operating system that combines an intent-centric aggregator of digital identities, virtual accounts, social graphs, and other components to provide unified access to Web3. | $10M | Seed | Jan 19, 2024 |  |
| Ondefy | Simplifying on-chain token accessibility and DeFi for retail users | $1M |  | Jan 04, 2023 |  |

10 of 24 investments shown.

## Co-investors
- [Shima Capital](https://shizune.co/investors/profile/shima-capital) — VC Fund, 8 deals together
- [dao5](https://shizune.co/investors/profile/dao-5) — VC Fund, 4 deals together
- [Digital Finance Group (DFG)](https://shizune.co/investors/profile/digital-finance-group) — VC Fund, 4 deals together
- [Double Peak Group](https://shizune.co/investors/profile/double-peak-group) — VC Fund, 4 deals together
- [LD Capital](https://shizune.co/investors/profile/ld-capital) — VC Fund, 4 deals together
- [White Loop Capital](https://shizune.co/investors/profile/white-loop-capital) — VC Fund, 4 deals together

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## FAQ

### What does Tenzor Capital invest in?

Tenzor Capital invests primarily in Blockchain, Cryptocurrency and Software startups, most often at Seed and Pre-Seed stage. Most of the 24 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

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

Tenzor Capital typically joins rounds of $1M–$8.5M at Seed and $1M–$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 Tenzor Capital participates in.

### How do I contact Tenzor Capital?

Public channels for Tenzor Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Tenzor Capital?

The team at Tenzor Capital includes Kirill Kovalev (Partner) and Kirill Medvedev (Partner). The Team section lists each member with their title, investment count and links.

### 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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