polychain capital00

what's polychain capital?

Polychain Capital is a venture capital firm specializing in investments in cryptocurrency and blockchain technology projects. Founded in 2016 by Olaf Carlson-Wee, the firm manages funds focused on early-stage blockchain assets and protocols. It aims to provide exceptional returns through actively managed portfolios leveraging the scarcity and utility of digital assets secured by cryptographic verification. Polychain has invested in numerous prominent crypto projects and maintains a commitment to advancing the blockchain ecosystem.

Snapshot

Polychain Capital backed ETHGasOfficial with $12M funding.

2D ago
FINANCIAL EVENT

Backed ETHGasOfficial with $12M in funding.

1W ago
TEAM UPDATE

Hired toghrulmaharram as a research partner, joining from Fluent.

2W ago
VISIBILITY EVENT

Nominated for "Best In VC" award at The Rollup's ceremony scheduled for December 30, 2025.

3W ago
FINANCIAL EVENT

Led a $13 million Series B funding round for Dawn Internet, a blockchain service provider.

1M ago

Portfolio company Talus secures listings on Binance alpha and Gate exchange, with Messari releasing analysis paper on current product features.

Polychain Capital and Variant lead $15M seed funding round for portfolio company Cascade.

Polychain Capital and Variant back portfolio company Cascade, a neo-brokerage platform that aims to enable 24/7 perpetual trading for any asset class.

Portfolio company Talus Labs raised $10M+ in funding led by Polychain Capital. Talus Labs ships two products pre-mainnet: Nexus (a decentralized Zapier alternative) and Talus Vision (a no-code agent builder with agent marketplace).

Portfolio company Talus Labs' $US token lists on Kraken, Bitget, and Kucoin in addition to previously announced exchanges. Talus Labs has strategic backing from Sui and Walrus, with angel investors including Polygon, 0G, Allora, and Sentient.

Portfolio company Talus Labs' $US token lists on Tier 1 centralized exchanges on December 11.

Portfolio company Talus Labs reports 236k Discord members, 150k+ total X followers, and around 5k NFT holders, with Messari publishing a full research report on the project.

Portfolio company Talus Labs lists $US token TGE on Binance Alpha.

Backs Cascade, a perpetual markets platform engineered for America, alongside Variant Fund as co-investor.

Talus Labs' $US token TGE is under 2 weeks away, with Top 150 Kaito campaign participants sharing 0.02% of total supply fully unlocked at TGE.

Participates in Talus Labs' $10M funding round with backing from Sui Network and Walrus Protocol as the decentralized automation platform prepares for its $US token TGE.

Portfolio company Sahara AI's token SAHARA drops 45.6% to $0.04426 from 24-hour high of $0.08141 with no team response, raising concerns about the $49 million investment made by Polychain, Pantera Capital, and YZi Labs.

Polychain Capital received over $100 million from crypto participants through Celestia-related transfers, representing a significant wealth transfer event during the past market cycle.

2M ago

Participates in Seismic's $10 million funding round led by a16z crypto alongside Amber Group, bringing the project's total funding to $17 million.

Polychain Capital completed selling $TAO tokens. (Tweet ID: 1986951516133916872)

Polychain Capital participates in Tharimmune's $540M funding round led by DRW and Liberty City Ventures to launch Canton Coin treasury strategy, alongside ARK Invest, Kraken, Five North and Canton Foundation.

useTria, a crypto card platform backed by Polychain Capital, reports $20M in transactions, 25K users, and $1.5M revenue within 11 weeks of beta launch across 150+ countries.

Polychain Capital led a $110M investment in Berachain to build a crypto treasury supporting on-chain liquidity and governance.

TalusNetwork raised over $10M from Polychain Capital, Sui, and Walrus for its on-chain AI agent platform.

References emerge to a second bailout for Bera Baddies project involving Polychain Capital on October 20, 2025, accompanied by complaints about asset offloading practices.

Polychain Capital invested in Enso, a Web3 developer infrastructure platform serving 145+ projects, which raised $14.2M across funding rounds alongside Multicoin Capital and other investors.

Polychain Capital invests in Brevis, a zkVM project endorsed by Ethereum Foundation, alongside YZI Labs, IOSG VC, Nomad Capital, Bankless VC, and HashKey Global. Brevis reports $238M in rewards distributed, $4B TVL growth, 195K+ users, 147M+ proofs across 20+ protocols, with live integrations on PancakeSwap, Linea, MetaMask, and Usual.