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
Total Investments16
Current Portfolio Count16
Total Portfolio Exits0
Top Investment Stages
Seed11 (68.8%)
Series Unknown2 (12.5%)
Angel1 (6.3%)
Post Ipo Equity1 (6.3%)
Undisclosed1 (6.3%)
Stage Mix
Seed 69%Series Unknown 13%Angel 6%Post Ipo Equity 6%Undisclosed 6%
Concentration shown as share of disclosed investments by stage.
Formless Capital - Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- 6799Investors, Not Elsewhere Classified
Show 6 more industry codes
- NAICS
- 525000Funds, Trusts, and Other Financial Vehicles
- 523910Miscellaneous Intermediation
- 523940Portfolio Management and Investment Advice
- SIC
- 6000Depository Institutions
- 6720Investment Offices
- 6722Management Investment Offices, Open-end