NAUT tracks 217 Polychain Capital co-investors, the investor rows that share at least 1 of the 87 round records NAUT holds for the San Francisco fund, dated 26 October 2017 to 15 October 2026 and read on 14 November 2026. Coinbase Ventures shares the most, 12 of the 87 rounds, ahead of dao5 on 11 and Nomad Capital on 9, and 94 of the 217 share 2 or more.
Data as of 14 November 2026, counted from NAUT's own round records: the 87 rounds where Polychain Capital sits as a backer, across 70 companies. 58 of the 87 carry a date, and 2021 holds the most of them (14); 85 carry an amount, at a $14.5M median. A round counts once per backer, so a firm on 3 rounds of 1 company counts 3. The 217 are live investor rows only: 15 more backer rows that NAUT files as a project, platform or launchpad are left out, HashKey Group (8 rounds) and Animoca Brands (4) among them. Animoca also sits under Animoca Brands (Ventures), an investor row on the same 4 rounds, so the 2 rows together still cover 4. NAUT keeps a16z under 2 rows as well: a16z Frontier on 7 rounds and Andreessen Horowitz (a16z) on 2, 9 rounds between them; each is ranked as NAUT stores it. Wikipedia says Polychain "was founded in 2016" and is based in San Francisco (page). NAUT put 10 claims about Polychain and 8 of its co-investors to outside sources: 6 were confirmed, and for 4 (the shared rounds of Coinbase Ventures, Nomad Capital, Blockchain Capital and Hack VC) no page read states the co-investment, so every shared-round count below is NAUT's own record.
Which Polychain Capital co-investors share the most rounds?
23 backers share 5 or more of the 87 rounds. The table ranks them by rounds shared with Polychain Capital, ties by name. The last column is the newest shared round that carries a date.
| Backer | Rounds | Newest |
|---|---|---|
 Coinbase Ventures |
12 | 14 Jun 2023 |
 dao5 |
11 | 25 Apr 2024 |
 Nomad Capital |
9 | 27 Aug 2024 |
 Binance Labs |
8 | 27 Aug 2024 |
 Blockchain Capital |
8 | 28 Mar 2023 |
 Hack VC |
8 | 27 Aug 2024 |
 a16z Frontier |
7 | 13 Oct 2022 |
 ABCDE Capital |
7 | 27 Aug 2024 |
 Sequoia Capital |
7 | 6 Mar 2023 |
 Electric Capital |
6 | 28 Mar 2023 |
 FBG Capital |
6 | 27 Apr 2021 |
 Maven 11 Capital |
6 | 25 Apr 2024 |
 Pantera Capital |
6 | 24 Feb 2025 |
 The Spartan Group |
6 | 12 Apr 2024 |
 1confirmation |
5 | 26 Oct 2020 |
 1kx |
5 | 14 Jun 2023 |
 Arrington Capital |
5 | 12 Apr 2024 |
 CMS Holdings |
5 | 14 Sep 2021 |
 Hypersphere Ventures |
5 | 12 Apr 2024 |
 ParaFi Capital |
5 | 13 May 2021 |
 Placeholder Ventures |
5 | 25 Apr 2024 |
 Robot Ventures |
5 | 25 Apr 2024 |
 SNZ Holding |
5 | 12 Apr 2024 |
The 27 August 2024 date is Solayer's $12M seed, where Nomad Capital, Binance Labs, Hack VC and ABCDE Capital all sat with Polychain. 17 more firms share 4 rounds each, Animoca Brands (Ventures) among them. The Block reports that Binance Labs and Polychain co-led a $10M round for Polyhedra in February 2023 with dao5 also in it (report); NAUT holds that round, dated 21 February 2023, with no lead flag on Polychain.
How deep does the Polychain Capital co-investors bench go?
123 of the 217 share just 1 round, so the repeat bench is the 94 on 2 or more, 54 on 3 or more and 9 on 7 or more.
Which Polychain Capital rounds have the biggest syndicates?
The 87 rounds hold a median of 5 other investor rows on NAUT's record, and 4 hold none. The 5 rounds below hold the most, ranked by that count.
| Company | Round | Investors |
|---|---|---|
 Berachain |
Series B, $100M | 19 |
 Babylon |
Pre-launch, $70M | 18 |
 Celestia |
Private B, $40M | 16 |
| Celestia |
Private A, $15M | 16 |
 Acala |
Series A, $7M | 13 |
Berachain's Series B is dated 12 April 2024 and Acala's Series A 27 August 2020; the Babylon and Celestia records carry no date. 6 more rounds hold 11 other investor rows each, Solayer's seed among them.
Which rounds did Polychain lead, and who joined?
Polychain Capital carries a lead flag on 5 of the 87 rounds on NAUT's record. 2 of them are from 2026:
- Multiliquid, $8M seed, 15 October 2026, with 5 other investor rows, Circle Ventures and CMT Digital among them.
- Concrete, strategic round with no amount on the record, 19 August 2026, with 5 investor rows, FalconX and Keyrock among them.
- The other 3: Uniswap's $165M Series B (13 October 2022), Scroll Network's $30M Series A (21 April 2022) and Solana's $314M round (9 June 2021).
What the Polychain Capital co-investors list tells a BD team
- The repeat core is small. 23 firms share 5 or more Polychain rounds, and each links to its own NAUT page with the portfolio and, where NAUT holds one, the team.
- The warmest rounds are the 2026 ones. Multiliquid and Concrete are the 2 Polychain-led rounds dated 2026, with 5 investor rows each.
- Big syndicates open more doors. Berachain's Series B holds 19 other investor rows and Babylon's round 18.
- Shortlist the repeat fundsCoinbase Ventures shares 12 rounds, dao5 11 and Nomad Capital 9.
- Start with the newest roundsMultiliquid on 15 October 2026 and Concrete on 19 August 2026, both led by Polychain.
- Open the big syndicatesBerachain holds 19 other investor rows and Babylon 18.
- Find the decision makerFund and company pages on NAUT show the team where NAUT holds one, with the channels on file.
What this tells a founder raising from Polychain
- Expect company. The median Polychain round holds 5 other investor rows on NAUT's record.
- Leads are rare on the record. Polychain carries a lead flag on 5 of 87 rounds, so the other 82 Polychain Capital investments on NAUT carry no Polychain lead flag.
- Follow-on happens. NAUT holds 3 Polychain rounds at Polyhedra and 2 at Celestia.
- Warm paths run through the top 23. A founder backed by Binance Labs, Hack VC or ABCDE Capital has a firm that sat with Polychain as late as 27 August 2024.
- Check your cap tableMatch your backers against the 23 that share 5 or more rounds with Polychain.
- Ask for the introCoinbase Ventures at 12 and dao5 at 11 are the densest links.
- Size the askThe 85 Polychain rounds with an amount sit at a $14.5M median.
How to reach the decision makers
Every company in the tables links to its NAUT page, which carries the backers and, where NAUT holds them, the team and each person's channels. The Polychain Capital rounds sit on the fund's own page, and the 23 linked co-investor pages work the same way, so a deal maker can go from 1 round to the people NAUT lists at those funds.
Related reading on NAUT: Polychain Capital portfolio: 70 companies, $28.9M average round and Crypto co-investors: 3 steps, 168 on 66 rounds for 1 fund.
Can you pull this data through the NAUT API?
Yes. GET https://api.naut.so/v1/investors/polychain-capital returns the fund with its team and its portfolio, each row carrying the company, roundType, amountUsd, announceDate and isLead, for 5 credits with Authorization: Bearer $NAUT_KEY; call the same endpoint with each co-investor's slug, such as coinbase-ventures, to line up the shared rounds. Read the parameters at naut.so/docs/api and the plans at naut.so/pricing. Verified Telegram, email and LinkedIn for the people behind these funds unlock on any paid NAUT plan, so start a 7-day trial.
Polychain Capital co-investors FAQ
Which funds invest alongside Polychain Capital most often?
On NAUT's records read on 14 November 2026, Coinbase Ventures shares the most Polychain Capital rounds at 12 of 87, then dao5 at 11, Nomad Capital at 9, and Binance Labs, Blockchain Capital and Hack VC at 8 each.
How many co-investors does Polychain Capital have?
NAUT holds 217 investor rows on the 87 Polychain Capital round records as of 14 November 2026, dated 26 October 2017 to 15 October 2026. 94 of them share 2 or more rounds and 123 share 1.
Which rounds did Polychain Capital lead?
NAUT's record flags Polychain Capital as lead on 5 of its 87 rounds as of 14 November 2026: Multiliquid ($8M seed, 15 October 2026), Concrete (19 August 2026), Uniswap, Scroll Network and Solana.
Where can I find Polychain Capital's co-investors and their contact channels?
On NAUT. Polychain Capital's page lists its 87 round records, the 23 linked co-investor pages in this report's table show each fund's portfolio and, where NAUT holds one, its team, and GET https://api.naut.so/v1/investors/polychain-capital returns the same rows for a script. Verified Telegram, email and LinkedIn for those people unlock on any paid NAUT plan, so start a 7-day trial.