M
All funds
cryptocrypto 
hybrid
crypto
out of scope
out of scope
crypto
crypto
crypto
hybrid
hybrid
crypto
Analyst signals
Portfolio activity and matriculation
Metrics use all recorded activity through 21 Jul 2026 across pre seed, private, seed, strategic, unknown. Later-round outcomes are capped at the period end.
53.8%companies with a later round · 7/13
1000000.00×median round-size step-up · n=5
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 16 syndicated
Infrastructure · 3 companiesFinance · 2 companiesBlockchain Platforms · 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. 1 ambiguous legacy rounds were excluded.
People
Team
Portfolio
Investments
Full financing histories for portfolio companies. Highlighted rounds are those where Pragma Ventures is recorded as an investor.
Bitlayer
Infrastructure
BitLayer provides blockchain infrastructure solutions aimed at enhancing the development and deployment of decentralized networks and applications.
BitSmiley
Stealth
Crestal Nation
Crestal Nation provides a platform for creating and managing a workforce of self-employed AI agents. Users can train and own these agents to work for them, positioning the service as a step beyond the future of work.
D8X.Exchange
Finance
D8X is an institutional-grade, decentralized derivatives exchange (DEX) for trading perpetual futures with leverage on a wide range of assets like prediction markets, meme coins, FX, and commodities. It provides white-label solutions for partners to launch their own derivative platforms, earning customizable fees. The native token, $D8X, offers trading discounts and governance rights, allowing holders to influence the protocol and share in its revenue.
Fenix Finance
Finance
Fenix Finance was a MetaDEX deployed on Blast. It has ended development following Blast’s pivot; its team’s next chapter became nest, a protocol from Rise Labs.
HomeDAO
Venture Capital
HomeDAO runs a one-year Oxford residency for founders across industries. It provides selected members with co-living, a cohort of potential co-founders, and $350k in investment.
INTMAX
INTMAX is a stateless Layer 2 protocol for Ethereum focused on privacy and scalability, developing a solution called 'Plasma Free'. Its ecosystem includes the INTMAX Wallet, a browser-based wallet using advanced cryptography (MPC+FHE) for security, and a 'Privacy Mining' feature that allows users to earn ITX rewards by staking ETH.
LABEL Foundation
Media
Tracks, the innovative Web3 music streaming dApp created by LABEL Foundation and built on the BNB Chain, is now available on LG Smart TVs. This launch introduces the first-ever Web3 music app on an LG smart TV platform, aiming to transform how users engage with music streaming.
One World Nation
One World Nation is a play-to-earn game based on crypto markets, offering a platform for users to engage with crypto through gaming.
OpenGradient
OpenGradient is a research lab building at the frontier of AI and blockchain computing, focusing on creating the future of machine cognition with portable memory, verifiable compute, and open models.
Rivalz Network
Infrastructure
Rivalz Network is an AI infrastructure and DeFAI (decentralized finance + AI) project that connects AI agents, data, and on-chain markets. Its core offerings include ADCS, an oracle network delivering real-time on-chain/off-chain data and intelligence feeds to AI agents; OCY, a decentralized data storage DePIN; and MOZAI, a non-custodial agent-powered yield and liquidity-management platform. It serves developers building AI agents and dApps, DeFi users seeking automated yield, and RIZ token holders/stakers.
Ten
Infrastructure
Ten is a Layer 2 solution on Ethereum focused on enhancing scalability, reducing gas costs, and providing encryption for secure smart contract execution.