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Fulgur Ventures logo

Fulgur Ventures

$257Tdisclosed portfolio round capital
1 May, 2026last investment
31portfolio companies
2team members

Analyst signals

Portfolio activity and matriculation

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

45.2%companies with a later round · 14/31
4.85×median round-size step-up · n=12
Not availablemedian valuation step-up · n=0
10.5%recorded-solo rate · 4 solo / 34 syndicated
Finance · 11 companiesInfrastructure · 6 companiesPayments · 5 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.

Opportunities

Crypto jobs across Fulgur Ventures's portfolio

47 current roles at companies backed by Fulgur Ventures, sourced from JobStash's crypto job board.

People

Team

A

Alexander Mann

Partner

O

Oleg Mikhalsky

Partner

Portfolio

Investments

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

Infrastructure

Amboss Technologies provides Bitcoin Lightning Network infrastructure. Its products support Lightning node discovery and analytics, liquidity markets, payment operations, yield access, and compliance workflows for node operators, businesses, traders, and institutions.

Seed26 Apr, 2023$4T roundSyndicated · 5 disclosed investors
Infrastructure

Amboss Technologies provides Bitcoin Lightning Network infrastructure and tools. Its products include a Lightning Network explorer, liquidity marketplace, payment infrastructure, yield services, and compliance workflows for node operators, businesses, institutions, and traders.

Seed1 Apr, 2023$4M roundSyndicated · 5 disclosed investors
Ark Labs logo

Ark Labs

crypto
Infrastructure

Ark Labs is a Bitcoin infrastructure company building Arkade, an open, programmable execution and settlement layer on Bitcoin that enables instant, low-cost transactions, stablecoins, and digital assets without changing Bitcoin's base layer. Its clients and partners include fintechs, wallets, brokerages, asset managers, and other financial institutions building payments, lending, and rewards products on Bitcoin.

Seed12 Mar, 2026$5.2T roundSyndicated · 9 disclosed investors
Pre-Seed22 Aug, 2024$2.5T roundSyndicated · 4 disclosed investors
Finance

Bitcoin Tribe (Tribe RGB) is a self-custody Bitcoin and RGB asset wallet, live on mainnet, built by BitHyve UK Ltd. It lets users securely manage, send, and receive Bitcoin and RGB digital assets with an on-chain wallet as the default mode, along with recovery, multi-currency, and multi-language support.

Pre-Seed1 Mar, 2022$1M roundSyndicated · 4 disclosed investors
Bitrefill logo

Bitrefill

crypto
Uncategorized

Bitrefill lets people buy gift cards, mobile top-ups, and bill payments worldwide using Bitcoin and other cryptocurrencies.

Unknown10 Apr, 2021$7T roundSyndicated · 3 disclosed investors
Seed13 Jun, 2019$2.1T roundSyndicated · 4 disclosed investors
Unknown1 Jun, 2019$2M roundSyndicated · 4 disclosed investors
Pre-Seed1 Apr, 2015$250B round
Seed1 Apr, 2015$400K round
Infrastructure

Blockstream develops Bitcoin-focused infrastructure, including software wallets, hardware devices, and layer-2 functionality.

Unknown15 Oct, 2024$210T roundRecorded solo · lead signal
Convertible note issuance24 Jan, 2023$125T round
Unknown1 Jan, 2023$125M roundSyndicated · 2 disclosed investors
Series B24 Aug, 2021$210T round
Unknown21 Nov, 2017$11T round
Series A3 Feb, 2016$57T round
Seed17 Nov, 2014$21T round
Breez logo

Breez

crypto
Payments

Breez builds the Breez SDK, a developer toolkit that lets any app or service add instant, non-custodial bitcoin (via Lightning, Spark, and Liquid) with just a few lines of code. It serves crypto wallets, neobanks, social apps, and payment/remittance platforms such as Klever, Cake Wallet, Deblock, Sorted, and Club Orange, enabling value transfer to be integrated in hours rather than months.

Unknown23 Jan, 2025$5T round
Unknown13 Dec, 2022$4.5T roundSyndicated · 7 disclosed investors
Capital B logo

Capital B

crypto
Finance

Capital B is a Bitcoin Treasury Company with the objective of accumulating 1% of Bitcoin’s total supply by 2033. The company focuses on maximizing Bitcoin per share through financial engineering and long-term holding. In addition to its Bitcoin accumulation strategy, Capital B provides technology consulting services, including AI-powered Data Intelligence, Web Development, and decentralized technology solutions.

Unknown1 May, 2026$18M round
Unknown1 Mar, 2026$3.5M round
Unknown1 Sep, 2025$69M roundSyndicated · 2 disclosed investors
Unknown1 Aug, 2025$13M round
Unknown1 Jul, 2025$12M round
Finance

Fold, Inc. is a bitcoin-focused personal finance platform. It offers a prepaid debit card, bitcoin buying and selling, bitcoin rewards, ACH bill pay rewards, and bitcoin gift cards for U.S. consumers.

Convertible note issuance2 Jan, 2025$20T round
Series A1 May, 2021$13M round
Series A6 Apr, 2021$13T round
Seed25 Sep, 2019$2.5T roundSyndicated · 10 disclosed investors
Convertible note issuance3 Nov, 2017$800B round
Unknown1 Nov, 2017$800K round
Asset Management

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.

Unknown1 May, 2026$6.4M roundSyndicated · 2 disclosed investors
Pre-Seed1 Jun, 2021$2.5M roundSyndicated · 8 disclosed investors
Asset Management

Future Holdings AG is building Switzerland's premier Bitcoin Treasury Company (BTCTC), focused on holding and systematically growing its Bitcoin balance sheet through disciplined capital management. It provides Swiss and international investors with pure Bitcoin exposure in CHF under institutional-grade governance, and offers strategic Bitcoin advisory services and an institutional Bitcoin wallet solution for corporations and institutions.

Unknown1 Nov, 2025$35M roundSyndicated · 3 disclosed investors
GoSats logo

GoSats

hybrid
Payments

GoSats is a platform that allows users to earn rewards in Gold or Sats (Bitcoin) on their everyday spending. It offers a rewards card and gift cards from top brands, transforming purchases into valuable assets.

Series A1 Apr, 2026$5M round
Seed1 Aug, 2021$700K roundSyndicated · 5 disclosed investors
Hercle logo

Hercle

crypto
Finance

Hercle is an infrastructure platform that provides cross-border payment rails and digital asset trading services for banks, brokers, fintechs, and payment providers.

Unknown1 Oct, 2025$60M roundSyndicated · 3 disclosed investors
JAN3 logo

JAN3

crypto
Infrastructure

JAN3 builds Bitcoin infrastructure and tools that help individuals, enterprises, and nation-states adopt Bitcoin and Layer 2 networks.

Seed3 Jan, 2025$5T roundSyndicated · 8 disclosed investors
Unknown8 Apr, 2022$21T round$100M valuation

Stealth

Pre-Seed1 Sep, 2025Syndicated · 3 disclosed investors
Finance

LN Markets operates a Bitcoin derivatives trading platform. It combines centralized-exchange liquidity with Bitcoin and Lightning Network settlement, offering leveraged Bitcoin futures and options trading plus API access.

Seed5 Feb, 2024
Pre-Seed1 Sep, 2020Syndicated · 3 disclosed investors
Insurance

Meanwhile is the first insurance company for the Bitcoin economy, offering whole life insurance policies denominated entirely in Bitcoin. This allows clients to grow their Bitcoin tax-free within a regulated structure, borrow against their policy's value, and ensure their heirs receive a Bitcoin payout directly.

Unknown1 Oct, 2025$82M roundSyndicated · 7 disclosed investors
Series A1 Apr, 2025$40M round$190M valuationSyndicated · 3 disclosed investors
Seed1 Jun, 2023$19M round$100M valuation

Neutronpay enables real-time, low-cost transactions globally through the Lightning Network.

Seed1 Sep, 2022$2.3M roundSyndicated · 7 disclosed investors
NexBridge logo

NexBridge

crypto
Finance

NexBridge is a regulated digital asset issuer that tokenizes publicly traded securities and financial instruments on Bitcoin infrastructure.

Series A1 Jul, 2025$8M roundRecorded solo · lead signal
Pnkfrg logo

Pnkfrg

crypto

Stealth

Seed1 May, 2022$3M roundSyndicated · 16 disclosed investors
Relai logo

Relai

crypto
Finance

Relai is a Swiss-made, Bitcoin-only financial app that lets users buy and sell Bitcoin while retaining self-custody through a personal wallet and recovery phrase. It also provides services for high-volume private investors and businesses adding Bitcoin to their balance sheets.

Seed+7 Mar, 2023$4.5T round
Unknown1 Mar, 2023$4.5M roundSyndicated · 6 disclosed investors
Series A16 Jun, 2021$2.8T round
NFTs

Scarce City operates a marketplace for Bitcoin-focused physical collectibles, art, goods, auctions, and limited-edition drops. It supports bidding and purchases using Bitcoin and selected fiat payment methods, and contributes 5% of marketplace fees to open-source Bitcoin development.

Seed1 Dec, 2021$690K roundSyndicated · 4 disclosed investors
stabble logo

stabble

crypto
Finance

stabble is a Solana-native decentralized exchange and automated market maker. It provides swaps, liquidity pools, concentrated liquidity pools, staking, and liquidity-management features for traders and liquidity providers.

Public Sale1 Mar, 2025$525K round$15M valuation
Pre-Seed1 Aug, 2024$2.5M roundSyndicated · 9 disclosed investors
Private19 May, 2024$1.4T round
Seed12 Jan, 2024$700B round
Pre-Seed12 Apr, 2023$350B round
STOKR logo

STOKR

crypto
Finance

STOKR lets businesses raise capital with tokenized securities while providing investors direct access to regulated digital shares.

Strategic24 Oct, 2024$8T roundRecorded solo · lead signal
Unknown11 Mar, 2021$4.6T round
Seed21 Oct, 2018$2.3T round