Formless Capital - aVenture Asset Manager Research
Location
San Francisco, CA, US
Founded
2021
Formless Capital is a tech-native, cross-border investment fund focused on blockchain and innovative technologies. The firm provides hands-on support to promising teams, primarily investing in seed-stage startups. While specific investment sizes are not disclosed, their portfolio suggests a range of investments from early-stage to more established companies.
Notable portfolio companies include Azuro, Blocklords, C2X, and Oasys, with total raises ranging from $4 million to $25 million. Formless Capital's investment philosophy emphasizes supporting innovative teams across various blockchain-related sectors, including gaming, infrastructure, and decentralized finance. The firm's cross-border approach allows them to identify and nurture global talent in the rapidly evolving blockchain space.
Formless Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies16
Current Portfolio Count16
Top Investment Stages
Seed11 (73.3%)
Series A2 (13.3%)
Angel1 (6.7%)
Series B1 (6.7%)
Stage Mix
Seed 73%Series A 13%Angel 7%Series B 7%
Concentration shown as share of disclosed investments by stage.