Founderheads

Founderheads, established in 2021 and headquartered in Vilnius, Lithuania, is a venture capital firm that invests in founders operating in the cryptocurrency and web3 sectors. It takes a hands-on approach, providing incubation, acceleration, and support to help entrepreneurs navigate the crypto industry and successfully launch their projects. The firm's mission is to foster and support future crypto unicorns globally, contributing positively to the web3 revolution.

Sarunas Legeckas

General Partner

28 past transactions

Hybrid

Seed Round in 2025
Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.

Starpower

Seed Round in 2025
Starpower is an energy protocol that partners with renewable energy manufacturers to create advanced batteries.

Novastro

Seed Round in 2025
Novastro is a technology company that develops and operates a Layer 2 blockchain network, specifically designed for Real-World Assets (RWAs). Powered by artificial intelligence, it integrates MoveVM and EigenLayer AVS to provide Ethereum-level security and Move's scalability. The company's core business is to unlock tokenized yield opportunities across RWAs and Decentralized Finance (DeFi) protocols. Additionally, Novastro offers a GameFi platform that enables users to predict crypto, world event outcomes, and commodities, with minimized risks and enhanced security for RWAs and DeFi projects.

Fiamma

Seed Round in 2024
Fiamma builds the future of finance and the internet on bitcoin with ZK and BitVM2.

Barter

Seed Round in 2024
Barter enables decentralized applications by ensuring efficient transaction routing and optimization.

Cytonic

Seed Round in 2024
Cytonic is a technology company specializing in the development of a multi-virtual-machine blockchain platform. This platform is designed to integrate and process transactions from diverse networks such as Bitcoin, Ethereum, and Solana simultaneously in a single block, facilitating efficient cross-chain transactions.

Layer

Seed Round in 2024
Ethereum is the settlement layer, build full stack decentralized apps on top with Web Assembly and the EVM.

Ammalgam

Seed Round in 2024
Ammalgam is a technology company that specializes in decentralized finance (DeFi). It has developed a unique platform, the Decentralized Lending Exchange (DLEX), which combines lending and trading functionalities into a single protocol. This innovative solution enables users to increase their yield, unlock new utility, and enhance capital efficiency by integrating these services without the need for oracles. The platform allows market makers to provide liquidity to and borrow from the same contract, making it a comprehensive and efficient tool for DeFi participants.

Cork Protocol

Seed Round in 2024
Cork provides a decentralized finance (DeFi) technology that enables collateralized swaps against any pegged asset.

Holonym

Seed Round in 2024
Holonym is a technology company that develops a zero-identity protocol platform. This platform enables users to verify facts about themselves online without revealing sensitive personal information or their identity. The company's focus is on building identity infrastructure for privacy in the decentralized web, enhancing privacy, accessibility, and security.

Stabble

Seed Round in 2024
Stabble is a pioneering company operating a frictionless cross-chain decentralized finance (DeFi) hub on the Solana blockchain. It aims to revolutionize protocol-managed liquidity by addressing key challenges such as impermanent loss, low annual percentage yields (APYs) for liquidity providers, and high price impacts. The platform employs arbitrage strategies to mitigate these issues, allowing traders to experience near-zero price impacts and enabling liquidity providers to earn additional APY.

FreeBnk

Seed Round in 2024
FreeBnk is a developer of an ethical crypto banking platform aimed at providing users with a secure and straightforward method for investing in cryptocurrency. The platform offers various features, including crypto-insurance, digital inheritance, and guardian access, which enhance user security and ease of access. Additionally, FreeBnk facilitates fast exchanges with low fees and enables users to earn interest on their invested funds, promoting sustainable growth. Through its commitment to ethical practices, FreeBnk seeks to cater to the next generation of investors looking for a reliable and user-friendly approach to cryptocurrency investment.

Nexus Network

Pre Seed Round in 2024
Nexus Network is a developer of staking middleware focused on promoting decentralization within the cryptocurrency ecosystem. The company leverages advanced staking technology to provide a non-custodial and transparent method for generating yields from idle bridge assets, specifically targeting rollups and EVM chains. By facilitating the staking of locked assets, Nexus Network enhances security by minimizing validator centralization, ensuring that no single entity holds complete control over the validator key. This innovative approach allows businesses to improve transparency in their yield generation processes while earning stable returns on their investments.

Skillful AI

Venture Round in 2024
Skillful AI is a trailblazing company specializing in artificial intelligence, offering a versatile platform that combines machine learning, blockchain technology, and natural language processing. The platform provides customizable AI assistants, built by layering multiple models and tools, and promotes collaborative innovation through community-driven knowledge sharing. A notable feature is the AI Marketplace, which integrates Non-Fungible Tokens (NFTs) to represent and monetize AI creations. The platform also ensures continuous learning and personalized user interactions through a dynamic memory system. By merging AI and blockchain, Skillful AI offers innovative solutions like AI NFTs, ensuring digital ownership and blockchain-level security for AI assets. The company's offerings include modular assistants, developer tools, and API integrations, enabling businesses to build personalized AI ecosystems.

Master Protocol

Seed Round in 2024
Master Protocol is a pioneering company that has developed a decentralized protocol for Bitcoin, enabling it to participate in staking and yield generation. This is achieved by outsourcing security to Bitcoin's layer 2 solutions and applications, similar to the Ethereum Beacon Chain. The protocol also incorporates a layer that facilitates decentralized finance (DeFi) and liquid staking derivatives (LSDFi). It is secured by a network of protocol tokens, allowing users to govern the operators who facilitate the protocol's interoperability.

LayerEdge

Pre Seed Round in 2024
Verification Layer on Bitcoin | Secure Anything on Bitcoin for 10% of the cost

Gasp

Initial Coin Offering in 2024
A ZK-rollup L2 with universal connectivity to L1s, enabling cross-chain liquidity of native assets. Powered by Starkware zero-knowledge technology and Eigenlayer's restake finality. In it's core, MEV minimization and gas-free swaps are out of the box.

AnotherblockAnotherblock AB

Seed Round in 2023
Anotherblock AB is a company that operates a blockchain-based platform aimed at decentralizing music rights and democratizing music ownership. By linking non-fungible tokens (NFTs) to royalty rights, the platform allows for the generation of royalties that correspond to ownership of the tokens. This innovative approach provides artists with transaction payments and ensures they receive royalties each time their tokens are traded. Through this model, Anotherblock seeks to enhance the accessibility and transparency of music rights for both artists and fans.

insrt finance

Pre Seed Round in 2023
insrt finance is a protocol that acts as a decentralized financial intermediary for non-fungible digital assets. They combine fractionalization, integration with a lending primitive, and a robust risk management system to unlock NFT finance for all.

Wallchain

Seed Round in 2023
Wallchain is a technology company specializing in Ethereum Virtual Machine (EVM) chains. It offers a popular solution for recovering users' Maximum Extractable Value (MEV) through its MEV Rebate service, having processed over 24,000 transactions. Notably, Wallchain's solution has been endorsed as the top choice by the BNB chain and featured twice on TechCrunch. Additionally, the company develops web3 cash-back software and anti-bot solutions aimed at reducing network congestion caused by predatory MEV bots. Its mission is to foster a healthy and decentralized blockchain ecosystem that ensures user safety and promotes revenue growth for the web3 community.

Ethos

Seed Round in 2023
Ethos is a platform that serves as a wallet and hub for decentralized applications (dApps), non-fungible tokens (NFTs), and various user experiences. It provides a React library equipped with hooks that enable developers to interact seamlessly with blockchain technology and digital wallets. By offering a range of utility functions, Ethos aims to simplify the development process and help create the essential components needed for a robust dApp experience. The company is focused on empowering both developers and users by making the capabilities of the decentralized web more accessible.

Engines of Fury

Funding Round in 2022
Engines of Fury is a developer of an online crypto game that focuses on creating an engaging entertainment platform. The company offers a unique gaming experience featuring both player versus environment (PvE) and player versus player (PvP) duels and tournaments. Players can earn rewards in the form of tokens, forge non-fungible tokens (NFTs), and accumulate cryptocurrency through their gameplay. By emphasizing dynamic interactions and competitive elements, Engines of Fury aims to redefine standards within the gaming industry.

Zharta

Seed Round in 2022
Zharta is a company that specializes in developing a lending protocol for instant loans backed by non-fungible tokens (NFTs). It offers a real-time loan platform that utilizes blockchain technology and machine learning to facilitate NFT collateralized loans. By leveraging AI-driven appraisals, Zharta enables collectors and investors to stake their NFT assets in exchange for cryptocurrency tokens. This innovative approach aims to create a more accessible and efficient marketplace for NFT-backed loans, connecting borrowers and lenders within the decentralized finance ecosystem.

Citizend

Pre Seed Round in 2022
Citizend is a blockchain services platform focused on supporting projects that launch tokens within the community ecosystem. It provides a Polkadot-native token launch platform that encourages collaboration between project teams and community members. By facilitating transparent interactions, Citizend enables clients to contribute effectively to various projects while fostering the overall growth of the ecosystem. Through its services, the company aims to enhance community engagement and streamline the token launch process for developers and contributors alike.

Talent Protocol

Seed Round in 2021
Talent Protocol is a web3 professional network that empowers high-potential individuals to establish an on-chain resume and launch a talent token, facilitating investment in their careers. The platform aims to democratize success by transforming traditional career paths into collaborative journeys, where support from a broader community can lead to shared achievements. By allowing users to create branded career coins, it enables the monetization of individual potential and fosters the formation of global networks of supporters. Users can purchase tokens using Bitcoin or credit cards, thereby accelerating the careers of emerging leaders and helping undiscovered talent gain visibility and rewards in a more interconnected professional landscape.

Derace

Venture Round in 2021
Derace is a decentralized NFT horse racing and betting platform. DeRace is a blockchain-based racehorse platform that joins millions of racehorse enthusiasts in a community where you can buy and breed NTF horses.

Lossless

Venture Round in 2021
Lossless is a Web3 security architecture focused on mitigating exploits and enhancing security in the cryptocurrency ecosystem. The company employs a community-driven approach to identify threats, utilizing a unique stake-based reporting system to effectively monitor suspicious on-chain activities. Its platform allows white hat hackers to develop hack-spotting bots and scan transactions, enabling users to freeze and recover fraudulent transactions based on established identification parameters. By prioritizing the creation of a trusted environment, Lossless aims to minimize losses from hacks, exploits, and social engineering attacks, thus promoting safer interactions within the digital asset landscape.

Block Wallet

Venture Round in 2021
BlockWallet is a developer of a private, non-custodial crypto browser wallet that aims to enhance user privacy in online transactions. The wallet enables individuals to reclaim their financial privacy by masking their financial data through a process that mixes transfers with a pool of funds. This method allows users to execute transactions with complete anonymity, as the funds are processed through a smart contract upon exit. By providing these features, BlockWallet empowers users to transfer funds securely, free from surveillance by government entities or large technology companies.
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