Elrond

$2Tdisclosed portfolio round capital

1 Oct, 2022last investment

5portfolio companies

0team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 21 Jul 2026 across private, seed, unknown. Later-round outcomes are capped at the period end.

40%companies with a later round · 2/5

1.42×median round-size step-up · n=2

1.33×median valuation step-up · n=1

20%recorded-solo rate · 1 solo / 4 syndicated

Data & Analytics · 1 companiesFinance · 1 companiesGaming · 1 companies

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

Team

No team details are available yet.

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Elrond is recorded as an investor.

AshSwap

crypto

Finance

AshSwap is a DeFi hub on MultiversX that operates a stable-swap AMM DEX, DEX aggregator, liquidity and governance features, and the AshPerp perpetual-trading module.

Public Sale1 Oct, 2022$2.8M round$40M valuation

Private1 Oct, 2022$2.5M round$25M valuationSyndicated · 8 disclosed investors

Cantina Royale

out of scope

Gaming

Cantina Royale was a blockchain game. Its website states that the game is no longer active and directs users to a self-service portal to reclaim NFTs and game assets.

M&A1 Mar, 2025

Public Sale1 Jul, 2022$1.5M round$40M valuation

Seed1 May, 2022$4.5M round$30M valuationSyndicated · 13 disclosed investors

Covalent

crypto

Data & Analytics

Covalent is a decentralized data infrastructure protocol that provides structured, verifiable blockchain data across multiple chains for developers, applications, and AI agents.

Strategic26 Jun, 2024$5T round

Public Sale1 Apr, 2021$11M round$350M valuation

Unknown24 Mar, 2021$2T roundSyndicated · 3 disclosed investors

Unknown7 Oct, 2020$3.1T round

Pre-Seed2 Mar, 2018

Improbable

out of scope

Metaverse

We are metaverse venture builders. We initiate and develop new businesses in frontier ecosystems like AI, web3 and the metaverse. Drawing on over a decade of experience in distributed systems, building metaverse infrastructure and virtual worlds for major brands, we help founders and entrepreneurs turn their ideas into a useful reality through entertainment, social experiences or enterprise applications.

Unknown1 Oct, 2022$100M roundRecorded solo · lead signal

Unknown1 Jun, 2018$50M round

Series B1 May, 2017$502M round

Series A1 Mar, 2015$20M round

Itheum

crypto

Data & Analytics

Itheum enables data ownership and trading through blockchain technology, focusing on personal and enterprise data tokenization.

Public Sale1 May, 2022$2M round$40M valuation

Unknown1 Mar, 2022Syndicated · 9 disclosed investors

Seed1 Jan, 2022$1.5M round

Runtime Verification

crypto

Security

Runtime Verification builds developer tooling focused on web3 security, providing auditing services and formal verification. They go beyond standard code reviews by mathematically proving or disproving key properties of the code, eliminating entire classes of vulnerabilities missed by traditional audits.

Seed1 Jun, 2021$5.3M roundSyndicated · 9 disclosed investors