Primitive Ventures

Founded in 2018 and headquartered in San Francisco, Primitive Ventures is a global venture capital firm focused on blockchain and related technologies. It invests in promising startups led by innovative teams building valuable solutions in the crypto space.

Allen Day

Venture Partner

Dovey Wan

Partner

Past deals in Ethereum

Henlo

Seed Round in 2025
Henlo.com is a memecoin project that relies on community involvement and is part of the Berachain ecosystem.

TAC

Seed Round in 2024
TAC provides an interoperability network extension that connects the TON ecosystem with Ethereum-compatible dApps. It enables Telegram users and TON wallet holders to access and interact with EVM-based decentralized applications through cross-chain messaging and asset bridging, delivering a streamlined experience for decentralized computation engine–based applications.

Blockscout

Seed Round in 2024
Blockscout is an open-source blockchain explorer designed for use across various Ethereum Virtual Machine (EVM) chains. It enables users to verify transactions, balances, smart contracts, and other records on these networks.

Fhenix

Series A in 2024
Fhenix is a blockchain company that pioneers the use of homomorphic encryption in its proprietary blockchain network. It enables Ethereum developers to create encrypted smart contracts and perform computations on encrypted data using familiar tools like Solidity.

BounceBit

Seed Round in 2024
BounceBit is a company focused on creating a robust trading platform designed for cryptocurrency users. It provides a Bitcoin restacking infrastructure that enhances yield opportunities while facilitating seamless trading experiences. By connecting decentralized finance (DeFi) and centralized finance (CeFi) through an environment that is compatible with Ethereum Virtual Machine (EVM), BounceBit ensures financial security for its users. The platform emphasizes smart contract execution centered around the BTC Token, aiming to offer a comprehensive solution for users navigating the complexities of crypto trading.

Chaos Labs

Seed Round in 2023
Chaos Labs is a cloud-based platform that enhances the economic security of crypto protocols through automated risk management and capital efficiency optimization. By utilizing advanced simulation technology, Chaos Labs enables protocols to model user interactions, protocol behavior, and potential malicious activities, thereby allowing for informed decision-making in volatile markets. The platform's agents can simulate various scenarios, execute complex logic, and rewind to previous states to analyze specific on-chain activities. Currently operational on the Ethereum network, Chaos Labs plans to expand its services to include other blockchains like Terra, NEAR, and Polygon, ultimately providing a more secure environment for users and protocols in the cryptocurrency space.

Symbiosis Finance

Seed Round in 2021
Symbiosis Finance is a decentralized multi-chain protocol that facilitates liquidity across various blockchain networks. Its innovative technology enables users to swap tokens seamlessly with a single click, while retaining sole ownership of their funds. This approach simplifies the often complex and time-consuming process of locating appropriate cross-chain bridges, allowing users to transact without the necessity of holding multiple native assets. By streamlining these operations, Symbiosis Finance aims to enhance user experience in the decentralized finance space.

Kadena

Funding Round in 2018
Kadena develops a hybrid blockchain platform that addresses Bitcoin's scaling challenges and Ethereum's security issues. It offers ScalableBFT consensus protocol, Pact programming language for transactional logic, and confidentiality settings to protect sensitive transaction details. Founded in 2016 by former JP Morgan blockchain creators and SEC professionals, Kadena is headquartered in Brooklyn, New York.
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