All funds
Polymorphic Capital logo

Polymorphic Capital

$107Tdisclosed portfolio round capital
1 Nov, 2025last investment
26portfolio companies
8team members

Analyst signals

Portfolio activity and matriculation

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

34.6%companies with a later round · 9/26
500000.75×median round-size step-up · n=8
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 35 syndicated
Payments · 6 companiesFinance · 5 companiesGaming · 2 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 Polymorphic Capital's portfolio

29 current roles at companies backed by Polymorphic Capital, sourced from JobStash's crypto job board.

People

Team

A

Alex Wearn

Venture Partner

A

Anna Kafkaridou

Operations

E

Eldar Khamitov

Partner, Portfolio Development

N

Nataly Laktionova

Marketing, Portfolio Development

R

Richard Sobel

Partner, Strategic Development

S

Stefano

Venture Partner

V

Vadim Koleoshkin

Venture Partner

V

Vitaly Spassky

Managing Partner

Portfolio

Investments

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

Azuro logo

Azuro

crypto
Gaming

Azuro is a decentralized, onchain prediction-markets protocol. It provides smart-contract infrastructure, liquidity, oracle feeds, SDKs, and APIs for developers and blockchains building prediction and betting applications.

Private11 Apr, 2024$3.5T round
Unknown1 Apr, 2024$3.5M roundSyndicated · 7 disclosed investors
Strategic28 Jun, 2022$4T round
Seed20 Jan, 2022$3.5T roundSyndicated · 15 disclosed investors
Pre-Seed1 Sep, 2021Syndicated · 2 disclosed investors
Science

The Bio protocol is a financial layer for Decentralized Science (DeSci), engineered to commercialize scientific research more quickly. It enables anyone to fund, develop, and govern tokenized scientific innovations from various sources. The platform is built on a growing ecosystem of DeSci projects and is supported by key figures in both the crypto and biotech industries.

Seed17 Sep, 2025$6.9T roundSyndicated · 19 disclosed investors
Public Sale1 Dec, 2024$64M round$219M valuation
Unknown8 Nov, 2024
Concept Art House logo

Concept Art House

out of scope
Gaming

Concept Art House is a digital art service provider for the entertainment industry, specializing in game art for AAA and mobile titles. They offer services in 2D, 3D, animation/VFX, and NFTs, serving clients like Epic Games and Roblox.

Series A19 Oct, 2021$25T roundSyndicated · 24 disclosed investors
Due logo

Due

crypto
Payments

Due helps users send and receive money globally using stablecoins and multi-currency accounts with instant settlement and low fees.

Seed1 Jul, 2025$4M roundSyndicated · 5 disclosed investors
Seed1 Nov, 2023$3.3M roundSyndicated · 11 disclosed investors
Embed logo

Embed

hybrid
Developer Tooling

Embed is a crypto-native AI recommendation platform for Web3 builders. It provides APIs and SDKs for personalized onchain asset feeds, smart-money notifications, and agent intelligence for wallets, trading apps, and prediction-market products.

Pre-Seed11 Nov, 2024$3T roundSyndicated · 7 disclosed investors
Finance

EVAA is a decentralized lending protocol on TON that lets users deposit assets to earn yield or borrow against collateral via Telegram or web app.

Private token sale19 Jan, 2025$2.5T roundSyndicated · 6 disclosed investors
Private1 Jan, 2025$2.5M roundSyndicated · 7 disclosed investors
Fair Math logo

Fair Math

hybrid
Privacy & Confidentiality

Fair Math builds fully homomorphic encryption (FHE) infrastructure for privacy-preserving AI, blockchain applications, and on-chain finance. Its products enable computation on encrypted data, confidential smart contracts, and private stablecoin payments.

Pre-Seed1 Feb, 2024$1.4M roundSyndicated · 3 disclosed investors
Fluence logo

Fluence

crypto

Fluence, the primary project of Cloudless Labs, is a decentralized serverless computing platform and marketplace built on enterprise-grade infrastructure. It is powered by blockchain economics to offer unmatched scalability and cost efficiency for a more open and secure internet.

Series A1 Feb, 2022$9M roundSyndicated · 9 disclosed investors
Seed1 Aug, 2018$6M round
Finance

A composable leverage protocol enabling users to borrow assets and use them across DeFi protocols with margin trading and yield farming capabilities.

Strategic1 Sep, 2022$1.6M round$150M valuation
DAO round31 Aug, 2022$4.2T round
Strategic1 Aug, 2022$4.2M round$150M valuationSyndicated · 5 disclosed investors
Strategic1 Jun, 2022$5.7M roundSyndicated · 20 disclosed investors
Unknown1 Jun, 2021$2.3M round
Private1 May, 2021$2.3T round
Finance

InshAllah Network operates Shariah-compliant DeFi products on Solana. Its offerings include SOL liquid staking, zero-interest borrowing, leveraged staking, and the iAUSD yield-bearing stablecoin.

Pre-Seed1 Jun, 2025$2.1M roundSyndicated · 9 disclosed investors
Social

Interface Labs helps users explore Ethereum by providing a mobile social platform for following wallet activity and discovering on-chain content.

Seed19 Jul, 2023$1.4T roundSyndicated · 7 disclosed investors
Jiritsu logo

Jiritsu

crypto

Jiritsu provides an end-to-end solution for asset managers, ensuring that token minting and burning are backed by sufficient assets. It utilizes smart contracts and a modular zkMPC node infrastructure for privacy and verification.

Unknown1 Sep, 2023$10M roundSyndicated · 13 disclosed investors
Kredete logo

Kredete

crypto
Payments

Kredete helps African immigrants in North America send money home to African countries while building credit through international transfers.

Series A14 Sep, 2025$22T roundSyndicated · 2 disclosed investors
Seed1 Sep, 2024$2.3T roundSyndicated · 5 disclosed investors
Seed1 Aug, 2024$2.3M roundSyndicated · 8 disclosed investors
Liquorice logo

Liquorice

crypto
Finance

Liquorice is a DeFi infrastructure platform that connects solvers, private market makers, and liquidity providers in a unified layer to create lending markets tailored specifically for professional trading firms. It offers a single integration point for accessing DeFi order flow from platforms like CoW Swap, Uniswap X, 1inch Fusion, and Bebop, while enabling overcollateralized lending to selected trading firms.

Pre-Seed29 Jul, 2024$1.2T roundSyndicated · 10 disclosed investors
MANSA logo

MANSA

crypto
Payments

MANSA provides secured, real-time credit facilities to licensed PSPs, EMIs, and remittance platforms : eliminating the prefunding requirements that tie up working capital and slow cross-border settlement. $320M+ facilitated across Africa, Asia, and Latin America since August 2024

Pre-Seed1 Feb, 2025$3M roundSyndicated · 13 disclosed investors
Unknown1 Feb, 2025$7M round
Naptha AI logo

Naptha AI

hybrid

Naptha AI is a modular AI platform for autonomous agents, enabling developers to build AI applications, conduct research, and scale cooperative AI agents. Focused on decentralized and collaborative intelligence, the company provides a suite of tools and infrastructure to support multi-agent systems. Naptha aims to enhance performance through agent diversity, horizontal scaling, and self-evolved AI, ultimately creating AI agent economies.

Pre-Seed6 Nov, 2024$6T roundSyndicated · 4 disclosed investors
Pre-Seed1 Oct, 2024$6M roundSyndicated · 6 disclosed investors
Payments

Nevermined helps AI builders monetize agents by providing flexible billing, payments, and real-time settlement infrastructure.

Seed1 Jan, 2025$4M roundSyndicated · 14 disclosed investors
Octav logo

Octav

crypto
Uncategorized

Octav is a Web3 financial data platform that tracks crypto portfolios, transactions, and NAV across Multiple blockchains for individuals and institutions.

Strategic28 Feb, 2024$4T round
Seed12 Sep, 2023$2.7T roundSyndicated · 15 disclosed investors
Ownera logo

Ownera

hybrid
Infrastructure

Ownera is a fintech company providing digital infrastructure for institutional tokenized finance. Its FinP2P application orchestration layer connects financial institutions, blockchains, legacy platforms, and multi-chain applications for trading, settlement, collateral mobility, and digital-asset operations.

Series A14 Sep, 2022$20T roundSyndicated · 10 disclosed investors
Payments

Rise Works helps companies hire and pay global teams in fiat or crypto through automated payroll and compliance solutions.

Series A1 Nov, 2024$6.3M roundSyndicated · 6 disclosed investors
Seed24 Apr, 2023$3.8T roundSyndicated · 16 disclosed investors
Swap.net logo

Swap.net

crypto

Stealth

Unknown1 Apr, 2022$1.8M roundSyndicated · 5 disclosed investors
taceo.io logo

taceo.io

crypto
Privacy & Confidentiality

TACEO is a privacy infrastructure company that enables applications to compute on encrypted data without revealing it, using multi-party computation and zero-knowledge proofs.

Seed1 Jul, 2025$5.5M roundSyndicated · 7 disclosed investors
Zynk logo

Zynk

hybrid
Payments

Zynk is a payments infrastructure company that powers instant global settlements, cross-border transfers, and multi-currency payment operations without requiring businesses to pre-fund accounts or manage treasury/liquidity operations. It serves remittance companies, neo banks, payment service providers (PSPs), and OTC desks/on-off ramps.

Seed1 Nov, 2025$5M roundSyndicated · 7 disclosed investors