Polychain Capital

Polychain Capital is a San Francisco-based venture capital firm that invests in blockchain technologies and the blockchain assets sector. It supports protocols and companies in the blockchain space and aims to advance the global adoption of cryptocurrencies. The firm manages actively managed portfolios of blockchain assets to generate returns for investors.

Bobby Beniers

Investor

Olaf Carlson-Wee

Managing Director

Kevin Ding

Seed Investor

Jeffrey Maganis

Investor

Ben Perszyk

Partner

Josh Rosenthal

Partner

Alexa Smith

Beacon Fund Manager

Michael Waldmann

Investor

Justin Waldron

Partner

Sven Wellmann

Research Analyst

Past deals in PaaS

Eclipse

Series A in 2024
Eclipse is building Ethereum's first Solana Virtual Machine Layer 2. While other L2 networks on Ethereum focus on providing Ethereum Virtual Machine (EVM) compatibility, Eclipse leans into performance improvements developed by the Solana Layer 1 and adds additional verification features to deploy the blockchain as a rollup. The Eclipse team includes veterans from dYdX, Uniswap, Citadel, and Airbnb. Eclipse Labs is backed by top investors including Polychain, Placeholder, and DBA.

AltLayer

Series A in 2024
AltLayer offers a rollups-as-a-service platform that enables developers to deploy on-demand rollups for Web3 projects. The system provides highly scalable, application-dedicated execution layers whose security derives from an underlying base layer, delivering elastic and customizable scaling to transform blockchain infrastructure, speed up time-to-market, and support innovative deployment models for decentralized applications.

Eclipse

Pre Seed Round in 2022
Eclipse is building Ethereum's first Solana Virtual Machine Layer 2. While other L2 networks on Ethereum focus on providing Ethereum Virtual Machine (EVM) compatibility, Eclipse leans into performance improvements developed by the Solana Layer 1 and adds additional verification features to deploy the blockchain as a rollup. The Eclipse team includes veterans from dYdX, Uniswap, Citadel, and Airbnb. Eclipse Labs is backed by top investors including Polychain, Placeholder, and DBA.

AltLayer

Seed Round in 2022
AltLayer offers a rollups-as-a-service platform that enables developers to deploy on-demand rollups for Web3 projects. The system provides highly scalable, application-dedicated execution layers whose security derives from an underlying base layer, delivering elastic and customizable scaling to transform blockchain infrastructure, speed up time-to-market, and support innovative deployment models for decentralized applications.

DogeOS

DogeOS is a software company that develops a blockchain-based application layer for the Dogecoin ecosystem. Its platform supports multiple programming languages and virtual machines, enabling developers to create various applications. It also includes a wallet for social interaction features and infrastructure for decentralized zones with support for both fiat and crypto currencies, facilitating Web3 development and user interaction.
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