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Solana Ventures portfolio: 44 companies, 30 with a token

By NAUT Research · · 8 min read

44 Solana Ventures portfolio companies on NAUT across 47 rounds, August 2021 to October 2026, 30 with a token. Logos: Phantom, InfinEx, Metaplex, MechaFightClub, Neon EVM, HXRO, io.net, Magic Eden, Zebec Protocol, Gari Network, Hivemapper, Orca.

NAUT tracks 44 companies in the Solana Ventures portfolio, across 47 funding rounds dated between August 2021 and October 2026. 30 of the 44 carry a token flag on NAUT's record, the midpoint round is $5M, and lending, yield and gaming teams are the 2 largest groups with 9 companies each.

Data note. Counted on 14 November 2026 from NAUT's own database: every non-archived, non-merged project, platform or launchpad row tied to a round where NAUT records Solana Ventures as a backer, with investor-typed rows left out. NAUT holds 48 such round records; Sanctum's $5.75M seed of December 2021 is stored twice, so it is counted once, which leaves 47 rounds at 44 companies. All 47 carry an amount, and each amount is the size of the whole round, since the fund's own cheque is rarely disclosed. The $13.5M average and $5M midpoint are NAUT's record worked out from those 47 rounds. 8 of the 47 rounds were put to outside reports for this page and the other 39 were not, so read every unchecked row as NAUT's record. The fund's NAUT profile also names a parent company and a head office; the outside check could not confirm either, so this page leaves both out. Written by NAUT Research.

What is in the Solana Ventures portfolio on NAUT?

The 44 companies sort into 6 groups, read from each company's own description on NAUT, because sector tags on these rows overlap and 6 rows carry none. Each company sits in 1 group. The average covers every round in the group, and the token column counts companies with NAUT's token flag.

Group Firms Rounds Avg Token
Lending, yield 9 9 $4.1M 3
Gaming 9 10 $8.2M 4
Infra and DePIN 8 9 $13.9M 8
Trading 7 8 $18.3M 7
NFT tools 6 6 $14.9M 5
Wallets, social 5 5 $30.8M 3

The fund's NAUT profile says its main priority is startups that grow the Solana ecosystem, and the record fits: 40 of the 44 list Solana among their chains on NAUT. zkLink lists only Ethereum, and Blockstars, MechaFightClub and Bridgesplit hold no chain on NAUT. The wallets group average leans on 1 entry, Phantom's $109M Series B.

Solana Ventures portfolio companies, ranked by amount on NAUT's record

The table ranks all 44 companies by the sum of their Solana Ventures rounds on NAUT's record. 3 companies hold 2 rounds each: Parcl, Arcade and streamflow_fi, so their amount is a sum. Each name links to its NAUT page, which lists the rounds and the other funds on the cap table.

Company Amount Latest round
$109.0M No date
$65.3M Sep 2024
$46.0M Jan 2022
$40.0M May 2022
$40.0M Nov 2021
$34.0M Nov 2021
$30.0M Mar 2024
$27.0M Mar 2022
$21.0M Mar 2022
$19.0M Oct 2021
$18.0M Apr 2022
$18.0M Sep 2021
$11.6M May 2022
$10.0M Aug 2022
$10.0M Sep 2024
$10.0M May 2023
$8.5M Dec 2021
$8.3M Oct 2021
$8.0M Jan 2024
$7.0M Sep 2022
$7.0M Feb 2022
$6.8M Nov 2021
$6.0M Apr 2022
$5.75M Dec 2021
$5.0M Nov 2022
$5.0M Jan 2022
$5.0M Jan 2022
$5.0M Oct 2024
$4.5M Nov 2021
$4.25M Dec 2021
$4.0M Aug 2021
$3.75M Jan 2024
$3.7M Apr 2022
$3.45M Apr 2022
$3.0M Oct 2021
$3.0M Mar 2023
$3.0M Dec 2021
$3.0M Oct 2021
$2.5M Nov 2021
$2.5M Jan 2025
$2.1M No date
$1.8M Sep 2021
$1.8M Jan 2022
$1.0M Oct 2026

Phantom and ExponentFinance carry no announcement date on NAUT. Phantom's own post announcing the $109M round is dated 31 January 2022.

How big are Solana Ventures investments?

The 47 rounds on NAUT's record run from $1M to $109M. They average $13.5M with a midpoint of $5M, so the typical round is much smaller than the average suggests. Leave out Phantom's $109M and the other 46 average $11.4M.

Amount on NAUT's record per company, the 10 largest
  1. Phantom$109.0M
  2. InfinEx$65.3M
  3. Metaplex$46.0M
  4. MechaFightClub$40.0M
  5. Neon EVM$40.0M
  6. HXRO$34.0M
  7. io.net$30.0M
  8. Magic Eden$27.0M
  9. Zebec Protocol$21.0M
  10. Gari Network$19.0M

The 10 largest hold $431.3M of the $633.6M across all 47 rounds on NAUT's record.

By year, 2022 is the busiest with 19 of the 45 dated rounds, followed by 2021 with 16. NAUT then holds 2 rounds in 2023, 6 in 2024, 1 in 2025 and 1 in 2026, so 35 of the 45 dated rounds fall in 2021 and 2022.

What the outside check found

The 8 rounds below were put to company posts and named press reports. 5 came back confirmed with Solana Ventures in the round.

Company Amount on NAUT What the check found
$109.0M Confirmed, another firm led
$65.3M Confirmed, Patron NFT sale
$27.0M Confirmed, another firm led
$18.0M Confirmed, another firm led
$10.0M Confirmed, 2 other firms co-led
$46.0M Date disputed, month shown
$40.0M Fund not named in reports
$30.0M 1 source only, left out

Jito's own post announces its $10M Series A as co-led by 2 other funds, and the Hivemapper report dates its $18M Series A to 5 April 2022. Some outlets name a different Solana fund in the Hivemapper round, and the reports read for Neon EVM did not name Solana Ventures, so treat that row as NAUT's record to confirm before you quote it. Reports put the InfinEx sale close in late September 2024.

What the Solana Ventures portfolio tells a BD team

  • The record is mostly 2021 and 2022. 35 of the 45 dated rounds fall in those 2 years, so check each company's NAUT page for later rounds and current activity before you pitch.
  • 8 rounds are dated 2024 or later, from Saros and Arcade in January 2024 to hylo_so in October 2026. Those teams raised most recently, so start there.
  • Every infra and trading company carries a token flag: 8 of 8 and 7 of 7. A token often means listing, market making and treasury work.
  • A missing token flag needs a second look. 12 of the 14 companies without NAUT's token flag still carry a ticker on NAUT's record, STEPN among them, so read each page before you assume a team is pre-token.
How a BD team can work the Solana Ventures portfolio
  1. Pick your groupLending and yield and gaming hold 9 companies each, infra and DePIN 8.
  2. Start with recent rounds8 rounds are dated 2024 or later, from Saros to hylo_so.
  3. Check the token30 of the 44 carry a token flag, and 12 of the other 14 show a ticker.
  4. Find the personOpen each company's NAUT page for the team NAUT holds and the channels it has on file.

What the Solana Ventures portfolio tells a founder raising

  • The midpoint round is $5M. Half of the 47 rounds on NAUT's record are that size or smaller, so seed and early rounds make up much of the list.
  • NAUT marks as lead on 1 of 47 rounds: hylo_so's $1M strategic round in October 2026. In 4 of the 5 confirmed rounds, the reports name another firm as lead, so plan for the fund to join a round someone else leads.
  • Lending and yield rounds are the smallest, averaging $4.1M across 9 rounds, against $18.3M for trading.
How a founder can use the Solana Ventures portfolio
  1. Find a near neighbourPick the company in your group with the closest round size, using the table above.
  2. Ask its founderThat company's NAUT page lists its team, who can tell you how the fund works.
  3. Size the askThe midpoint round on NAUT's record is $5M, against a $13.5M average.
  4. Line up a leadNAUT marks the fund as lead on 1 of 47 rounds, so plan for another firm to lead.

How to reach Solana Ventures and its portfolio teams

NAUT holds no people on the Solana Ventures page as of 14 November 2026. The fund's verified X account is @SolanaVentures, which links its site, solana.ventures. For the companies, open each of the 44 NAUT pages above: they show the team NAUT holds and which channels it has on file for each person.

Related reading on NAUT: Solana investors: 13 funds backed 18 rounds worth $177.85M and Multicoin Capital portfolio: 42 companies, median round $10M.

Can you pull this data through the NAUT API?

Yes: GET https://api.naut.so/v1/investors/solana-ventures with the header Authorization: Bearer $NAUT_KEY returns the fund with its team and its portfolio, each row carrying the company, roundType, amountUsd, announceDate and isLead. This page applies its own filter to that kind of record (investor-typed rows out, the stored duplicate counted once), so a raw pull can differ from the 47 rounds here, and GET https://api.naut.so/v1/projects/jito returns 1 company with its team. Each data call costs 5 credits, and the Essential plan at $49 a month carries 3,000 credits, per the API docs and pricing. Verified Telegram, email and LinkedIn for the people behind these companies unlock on any paid NAUT plan, so start a 7-day trial.

Solana Ventures portfolio FAQ

How many companies are in the Solana Ventures portfolio?

NAUT tracks 44 companies backed by Solana Ventures as of 14 November 2026, across 47 rounds dated from August 2021 to October 2026. That is NAUT's coverage of the fund, so the full portfolio may hold companies NAUT has not recorded.

Which companies has Solana Ventures backed?

The largest amounts on NAUT's record sit with Phantom, InfinEx, Metaplex, MechaFightClub and Neon EVM, and the most recent round is hylo_so in October 2026. By group, the 44 companies split into lending and yield (9), gaming (9), infra and DePIN (8), trading (7), NFT tools (6) and wallets and social (5).

How big is the average Solana Ventures round?

Across the 47 Solana Ventures investments on NAUT's record between August 2021 and October 2026, the average round is $13.5M and the midpoint $5M. Those are whole-round sizes, and leaving out Phantom's $109M Series B brings the average to $11.4M.

Does Solana Ventures lead rounds?

NAUT records Solana Ventures as lead on 1 of its 47 rounds, hylo_so's $1M strategic round in October 2026. The lead flag is NAUT's record only, so the fund may have led rounds NAUT does not mark.

Where can I find Solana Ventures portfolio founders and their contact channels?

NAUT has a page for each of the 44 Solana Ventures portfolio companies, showing the team it holds, and GET https://api.naut.so/v1/investors/solana-ventures returns the fund's portfolio in 1 call. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.

Sources

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