Ethan Plous
Venture Partner, Syndicate Lead
Analyst signals
Metrics use all recorded activity through 21 Jul 2026 across pre seed, seed, unknown. Later-round outcomes are capped at the period end.
These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.
People
Portfolio
Full financing histories for portfolio companies. Highlighted rounds are those where Deep Ventures is recorded as an investor.
Foundation Devices, Inc. builds open-source, security-focused hardware and software that let people control their own Bitcoin keys, digital identity, and high-stakes digital approvals. Its flagship product, Passport Prime, is billed as the first 'Human Authority Hardware' device, combining a Bitcoin hardware wallet, 2FA codes, security keys, and encrypted storage into a single verifiable device. Foundation serves individual Bitcoin holders, privacy-focused users, developers building on its KeyOS platform, and enterprise teams needing hardware-based approval workflows.
Kinto is a Layer 2 solution on Ethereum, providing secure, insured access to decentralized finance and real-world assets with KYC compliance and account abstraction.
OrdinalsBot is a Bitcoin inscription-as-a-service platform that lets collectors, artists, and businesses mint Ordinals, BRC-20 tokens, and Runes without running their own Bitcoin node. It also offers a developer API, a launchpad, and a marketplace (Trio) for inscription and Ordinals trading, serving individual collectors, enterprises, and high-profile brand launches on Bitcoin.
Panther Protocol develops confidential on-chain DeFi transaction infrastructure. Its modular private trading Zones are designed for financial service providers and enterprises, with programmable rules, compliance tooling, and access to DeFi liquidity.
Torram provides a vertically integrated full stack middleware solution designed to power the future of finance natively on Bitcoin L1, without the use of wraps, bridges, or L2s. It is a full-stack middleware solution for building financial applications directly on the Bitcoin L1 blockchain. Torram is also developing Bitcoin-native solutions and oracle infrastructure, with its documentation indicating a deep engagement with existing decentralized technologies like Chainlink and Pyth to inform its development.