RECENT FUNDING
  1. Recent Funding
  2. Investors
  3. Multicoin Capital
M

Multicoin Capital portfolio

Multicoin Capital has 24 portfolio companies on record at Recent Funding, with 5 investments in the last 12 months.

Type: Venture capital.
Portfolio on Recent Funding: 24.
Deals, last 12 months: 5.
Rounds led: 10 of 18.
Capital in their rounds: $456.62M.
Latest deal: Birch Hill · Oct 28, 2026.
About this page

It is a venture capital firm based in Austin, US, founded in 2017. It led 10 of the 18 rounds it joined. Its most recent investment on record is Birch Hill's $4M Seed round in October 2026, which it led, alongside Castle Island Ventures, Nascent and ParaFi Capital. By category, its portfolio leans toward Fintech (4) and Commerce and retail (3). It has co-invested with CoinFund, Solana Ventures and Road Capital, most often CoinFund (6 rounds).

About Multicoin Capital

Firm type: Venture capital.
Headquarters: Austin, US.
Founded: 2017.
Stages: Seed, Series A, Series B, Growth.
Sectors: AI & Machine Learning, Consumer, Crypto & Web3, Data & Infrastructure, Enterprise Software, Fintech.
Check size: $1M to $50M.
Leads rounds: Yes.
Portfolio companies: 162.
Exits: 6.
Rounds led: 33.

Funds raised

FundFund #SizeAnnounced
MMulticoin Capital
Austin, TX
II$100Mvia Shai Goldman's fund list

What Multicoin Capital invests in

Multicoin Capital recent investments

CompanyRoundDateAlongside
BBirch HillSeed · $4M · leadCastle Island Ventures, Nascent, ParaFi Capital
TTrasiaSeednone named
FFunSeries A · $72M · leadStreamlined (lead), Orange DAO, SignalFire (lead)
EExponentSeedAnatoly Yakovenko, Prelude, Solana Ventures +4
LLI.FISeries A · $29M · leadCoinFund (lead)
CCrunch (Quant/acc)round · $5.02MGalaxy Ventures (lead), VanEck, GSR +4
KKalshiSeries B+ · $185MNeo, Sequoia, Peng Zhao +2
FFastlaneSeed · $2.3M · leadShima Capital, Sandeep Nailwal, Symbolic Capital +4

How Multicoin Capital invests

StageDealsCapital in rounds
Seed 9 50%$35.6M
Series A 7 39%$231M
Series B+ 1 6%$185M
round 1 6%$5.02M
YearDealsCapital in rounds
2019 1 6%$2.5M
2021 4 22%$32.8M
2022 5 28%$124M
2023 1 6%$2.3M
2025 3 17%$219.02M
2026 4 22%$76M

Multicoin Capital portfolio companies

CompanyRound with Multicoin CapitalTotal raisedLatest raise
BBirch Hill
RWA and tokenization
Seed · $4M · lead$6.5MOct 28, 2026
Seed
TTrasia Seed$1.75MJul 16, 2026
Seed
FFun
Stablecoins
Series A · $72M · lead$75.9MMay 5, 2026
Series A
EExponent
Yield and vaults
Seed$5MMay 14, 2026
Series A
LLI.FI
DEXs and AMMs
Series A · $29M · lead$52MDec 11, 2025
Series A
CCrunch (Quant/acc) round · $5.02M$5.02MOct 7, 2025
round
KKalshi
Prediction markets
Series B+ · $185M$2.71BMay 21, 2026
Series B+
FFastlane
Staking and restaking
Seed · $2.3M · lead$2.3MSep 8, 2025
Series B+
BBlackbird
Health and bio
Seed · lead$74MApr 8, 2025
Series B+
DDelphia
Fintech
Series A · $60M · lead$60MJun 8, 2022
Series A
HHivemapper
Data and analytics
Series A · $18M · lead$52.9MOct 6, 2025
round
CCommunity Gaming
Stablecoins
Series A · $16M$18.3MApr 7, 2022
Series A
CCeramic
Data and analytics
Series A · $30M · lead$30MFeb 16, 2022
Series A
BBetDEX Seed · $21M$21MNov 17, 2021
Seed
LLayerZero
L1s, L2s and rollups
Series A · $6M · lead$263MMay 23, 2023
Series B+
DdClimate
Climate and energy
Seed · $3.5M$3.5MApr 9, 2021
Seed
TThe Graph
Oracles and on-chain data
Seed · $2.5M · lead$52.5MJan 21, 2022
round
IInference
AI infrastructure and compute
backer · source$11.8M—
ZZama
ZK and privacy
backer · source$130MJun 25, 2025
Series B+
SStash
Developer tools and cloud
backer · sourceundisclosed—
RRentAHuman
Robotics and hardware
backer$500KFeb 25, 2026
Seed
WWormhole backer$225MNov 29, 2023
round
OOXIO
Fintech
backerundisclosed—
LLore
Fintech
backerundisclosed—

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Fintech).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Venture funds Multicoin Capital raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.

Share is of the 18 rounds on Recent Funding that name Multicoin Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Multicoin Capital, which is a subset of its real portfolio. API: /api/v1/investors/multicoin-capital (get a free API key). More: the most active VC firms and new venture capital funds.

Top raises, every week

The week's top funded startups and market insights, in your inbox every Monday.

Unsubscribe anytime · privacy