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Alameda Research portfolio: 91 companies, 54 rounds in 2021

By NAUT Research · · 9 min read

91 Alameda Research portfolio companies on NAUT across 99 rounds, August 2020 to September 2022. Logos: Polygon, Solana, Immutable X, 1inch, NEAR Protocol, Arbitrum, Helium, Starknet / Starkware, Fuel Network, Lido, MobileCoin, Metaplex, Pintu, Render, LayerZero, Jito.

NAUT tracks 91 companies in the Alameda Research portfolio, backed across 99 funding rounds dated from August 2020 to September 2022, with Polygon, Solana and Immutable X among the largest by round size. Counted on 12 November 2026, 54 of those rounds are dated 2021 and none is dated after the Fuel Network Series A of 6 September 2022, so this page is a historical record of what Alameda Research invested in.

Data note. Counted on 12 November 2026 from NAUT's own database: every round row where NAUT records Alameda Research as a backer. That is 109 rows under 1 Alameda Research investor row. 6 were left out because the backed row is not a project company: Galxe, Perion, Parallel Finance and Manta are stored as investors, and AscendEx and DODO as platforms. The other 103 rows sit at 91 companies, none archived or merged. 4 of the 103 are undated rows that repeat the amount of a dated row at the same company: 2 at Immutable X ($60.0M and $200.0M) and 2 at Burnt Xion ($8.0M and $3.0M). Counted once each, that is 99 rounds, and this page uses that count. Across all 101 stored rows with an amount the average is $33.5M; across the 97 distinct rounds with an amount it is $32.1M, with a median of $6.0M. Phantasia and Persistence carry no amount. Every amount is the size of the whole round as NAUT stores it, and NAUT does not hold Alameda's own share. Research put the Alameda totals for 5 of the 91 companies to outside sources and confirmed none as stated, so those figures appear here as NAUT's record; the other 86 companies were not checked outside NAUT. Written by NAUT Research.

What did Alameda Research invest in?

Alameda Research backed 91 companies on NAUT's record, and DeFi is the most common sector tag: 39 of the 91 carry it, ahead of Infrastructure (19), Gaming (17), L1/2/3 (11), AI (11) and DEX (10). A company can carry several tags, and 8 carry none. Alameda Research was a cryptocurrency trading firm founded in September 2017, per its Wikipedia entry, and it filed for Chapter 11 bankruptcy in November 2022, 2 months after the last dated round on this list.

The table ranks the 91 companies by the largest round NAUT records for each. Each name opens the company's NAUT page with its team and its other backers.

Company Rounds Largest Latest round
1 $450.0M Funding round, Feb 2022
1 $400.0M Ecosystem package (not a priced round), Jan 2022
1 $314.0M Funding round, Jun 2021
2 $200.0M Series C, Mar 2022
1 $175.0M Series B, Dec 2021
1 $150.0M Funding round, Jan 2022
1 $120.0M Series A & B, Aug 2021
1 $111.0M Funding round, Aug 2021
3 $100.0M Series D, May 2022
1 $80.0M Series A, Sep 2022
1 $73.0M Funding round, May 2021
1 $66.0M Series B, Aug 2021
1 $46.0M Funding round, Jan 2022
2 $35.0M Series A, Aug 2021
1 $34.0M Private, Nov 2021
1 $30.0M Venture Capital, undated
1 $30.0M Strategic, Dec 2021
1 $24.2M Funding round, May 2021
2 $23.0M Series A, Oct 2021
1 $22.8M Funding round, Sep 2021
1 $21.0M Private, Mar 2022
1 $20.0M Strategic, Mar 2021
1 $19.0M Funding round, Oct 2021
1 $17.4M Seed, Sep 2021
1 $16.0M Private, Aug 2021
1 $15.0M Series A, undated
1 $15.0M Series A, undated
1 $13.5M Private, Feb 2022
1 $10.5M Seed and Private Rounds, Feb 2022
1 $10.5M Seed and Private Rounds, Feb 2022
1 $10.0M Series A, Aug 2022
1 $10.0M Strategic, Nov 2021
1 $10.0M Pre-Series A, May 2022
1 $9.5M Investment, Feb 2022
1 $9.0M Series A, Feb 2022
1 $8.5M Strategic, Dec 2021
1 $8.3M Seed, Oct 2021
1 $8.0M Private, May 2021
2 $8.0M Seed, Jan 2022
1 $8.0M Funding round, Jan 2022
1 $7.5M Seed, Feb 2022
1 $6.8M Seed, Oct 2021
1 $6.5M Seed, Dec 2021
1 $6.3M Seed, Jun 2021
1 $6.0M Series A, Mar 2021
1 $6.0M Funding round, Dec 2021
2 $6.0M Private, Sep 2021
1 $6.0M Seed, Nov 2021
1 $5.5M Seed, Jan 2022
1 $5.0M Private, Jan 2022
1 $5.0M Seed, Jun 2021
1 $5.0M Strategic, Apr 2021
1 $5.0M Seed, Jun 2021
1 $5.0M Seed, Mar 2022
1 $4.8M Seed, Jun 2021
1 $4.8M Strategic, Feb 2022
1 $4.5M Seed, Mar 2022
1 $4.5M Seed, Jun 2021
1 $4.4M Funding round, Dec 2021
2 $4.3M Seed round, undated
1 $4.1M Strategic, Dec 2021
1 $4.0M Seed, Jan 2022
1 $4.0M Seed, Mar 2022
1 $4.0M Seed, undated
1 $3.9M Private, Nov 2020
1 $3.8M Seed, Oct 2021
1 $3.7M Seed, Nov 2020
1 $3.6M Seed, Sep 2020
1 $3.6M Seed and Private Rounds, Sep 2021
1 $3.3M Funding round, Nov 2020
1 $3.2M Seed, Apr 2021
1 $3.1M Private, Oct 2020
1 $3.0M Seed, Sep 2021
1 $2.7M Seed, Sep 2020
1 $2.5M Strategic, Jan 2022
1 $2.5M Private, Jun 2021
1 $2.4M Strategic, Dec 2021
1 $2.3M Seed, Aug 2021
1 $2.0M Funding round, Feb 2021
1 $2.0M Strategic, Apr 2021
1 $1.9M Seed, Aug 2020
1 $1.8M Seed, Nov 2020
1 $1.8M Seed, Sep 2020
1 $1.5M Seed, Dec 2021
1 $1.5M Seed, May 2022
1 $1.4M Seed, Nov 2021
1 $1.0M Seed, Mar 2021
1 $1.0M Strategic, Sep 2020
1 $1.0M Funding round, Aug 2020
1 No amount Funding round, Oct 2020
1 No amount Strategic, Nov 2021

When were the Alameda Research investments made, year by year?

The rounds on NAUT cluster in 2021: 54 of the 99 rounds are dated that year, against 12 in 2020 and 27 in 2022. The 2022 rounds were fewer and larger, at $1,580.3M of stated round sizes against $1,439.0M in 2021. That 2022 sum includes Secret Network's $400M, which was an ecosystem funding package announced on 19 January 2022, not a priced round. 2 rounds carry no amount on NAUT: 1 in 2020 and 1 in 2021.

Year Rounds Sum Largest round
2020 12 $27.7M , $3.9M
2021 54 $1,439.0M , $314.0M
2022 27 $1,580.3M (incl. a $400M package) , $450.0M
Undated 6 $69.5M , $30.0M

6 rounds carry no date on NAUT: LayerZero, Coinshift, Praxis City, Sonic and 2 at ZKX. The earliest dated round is LeverFi's $1.0M in August 2020.

Which rounds in the Alameda Research portfolio are the largest?

Largest round per company, as stored on NAUT
  1. Polygon$450M
  2. Solana$314M
  3. Immutable X$200M
  4. 1inch$175M
  5. NEAR Protocol$150M
  6. Arbitrum$120M
  7. Helium$111M
  8. Starknet / Starkware$100M
  9. Fuel Network$80M
  10. Lido$73M
  11. MobileCoin$66M
  12. Metaplex$46M

These are whole-round sizes: 9 of the 99 rounds are $100M or more (counting Secret Network's $400M package), and 61 are under $10M. Secret Network's $400M, stored as a February 2022 funding round, was announced on 19 January 2022 as an ecosystem funding package, so it sits out of the chart.

Which companies did Alameda Research back more than once?

7 of the 91 companies hold 2 or more Alameda rounds on NAUT. Starknet / Starkware holds 3: a $75.0M Series B (March 2021), a $50.0M Series C (November 2021) and a $100.0M Series D (May 2022). Immutable X, Burnt Xion, Sommelier, XDEFI Wallet, Pintu and ZKX hold 2 each.

What this tells a BD team

  • A 2021 cohort in 1 list: 54 rounds dated 2021, from Solana at $314.0M down to seed rounds.
  • Early-stage teams: 40 of the 99 rounds are seed or pre-seed records, at a $4.0M median.
  • A cluster: 13 of the 91 NAUT descriptions name Solana, among them Jito, Drift Protocol, Metaplex and Genopets.
How a BD team can work the Alameda Research portfolio
  1. Pick a sectorDeFi is tagged on 39 of the 91, Gaming on 17.
  2. Open the company pageEach NAUT page shows the team and every other backer on record.
  3. Check what came afterLook for rounds dated after September 2022 on the company page.
  4. Reach the decision makerMatch the role to your offer, then use the channels NAUT has on file.

What this tells an investor sourcing deals

  • Cap table history: an Alameda round sits in the past of 91 companies on NAUT, from Polygon to Pine Protocol's $1.5M seed.
  • The 2022 group is the latest: 27 rounds, ending with Jito's $10.0M Series A (August 2022) and Fuel Network's $80.0M Series A (September 2022).
  • Repeat bets: the 7 companies with 2 or more rounds show where Alameda followed on.
How an investor can use this list
  1. Start with the 2022 rounds27 rounds, the latest at Jito and Fuel Network.
  2. Read each company pageIts backers and later rounds sit on NAUT.
  3. Check the follow-onsStarknet / Starkware holds 3 Alameda rounds.
  4. Contact the founderOpen the team on the company page.

How to reach the teams in the Alameda Research portfolio

This crypto VC portfolio covers 91 teams, and every company above links to its NAUT page, which lists the people NAUT holds for that team and which channels are on file. The Alameda Research page lists the portfolio as NAUT stores it. The free NAUT plan shows public profiles (name, role, company, X); verified Telegram, email and LinkedIn need a paid plan.

Related reading on NAUT: Multicoin Capital portfolio: 42 companies, median round $10M and Polychain Capital portfolio: 70 companies, $28.9M average round.

Can you pull this data through the NAUT API?

Yes: GET https://api.naut.so/v1/investors/alameda-research with the header Authorization: Bearer $NAUT_KEY returns the fund with its portfolio, each row carrying company, roundType, amountUsd, announceDate and isLead, for 5 credits a call. A company's team comes from GET https://api.naut.so/v1/projects/solana at the same price, and the API docs and plans from $49 a month cover the rest. Verified Telegram, email and LinkedIn for the people on these pages unlock on any paid NAUT plan: start a 7-day trial.

Alameda Research portfolio FAQ

What did Alameda Research invest in?

NAUT tracks 91 Alameda Research portfolio companies across 99 rounds dated August 2020 to September 2022, counted on 12 November 2026. The largest rounds by size are Polygon ($450.0M), Solana ($314.0M) and Immutable X ($200.0M), and 39 of the 91 carry a DeFi tag.

How big was an Alameda Research round?

The 97 distinct Alameda Research rounds with an amount on NAUT average $32.1M of whole-round size, with a median of $6.0M, from August 2020 to September 2022. Counting all 101 stored rows with an amount, NAUT's average is $33.5M.

When was the last Alameda Research investment?

The latest dated round NAUT records for Alameda Research is Fuel Network's $80.0M Series A on 6 September 2022, counted on 12 November 2026. Alameda Research filed for Chapter 11 bankruptcy in November 2022.

Where can I find the teams at Alameda Research portfolio companies and their contact channels?

NAUT holds a page for each of the 91 Alameda Research portfolio companies, with the team and the channels on file, and GET https://api.naut.so/v1/investors/alameda-research returns the portfolio for 5 credits. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan: start a 7-day trial.

Sources

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