MState actively invested in Web3 companies between 2017-2019. The fund is up 100X based on five investments.
MState invests in distributed system (blockchain) companies that sell to enterprise. We typically invest as part of a syndicate of investors. Our investments to date have included infrastructure and application companies. We look for experienced, technical founders that have built product (MVP okay) to solve big business problems. We work with our portfolio companies to scale them faster, especially in everything GTM related.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jun 11, 2019
Fireblocks
|
Series A | $16M | Blockchain | Yes |
May 3, 2019
InCountry
|
Seed | $7M | Compliance | — |
Sep 24, 2018
Caligotech
|
Series A | $3M | E-Commerce | — |
Jul 9, 2018
Oasis Labs
|
Series A | $45M | Blockchain | — |
Apr 11, 2018
Blockdaemon
|
Seed | $380K | Bitcoin | — |