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Fulgur Ventures

919 North Market Street, Suite 950, Wilmington, Delaware, 19801, United States

Overview

Venture capital supporting Bitcoin and decentralized finance startups.

Founded

2019

Deals · 12mo

5

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
Switzerland
United States

Sector focus

—

Investment portfolio

23rounds
NAMEDATESIZE
Foundation
May 2026Led
$6 MOther Equity
Utexo
Mar 2026Participated
$8 MSeed
Bullish Global
Nov 2025Participated
$35 MOther Equity
FUTURE
Nov 2025Led
$35 MOther Equity
Hercle
Oct 2025Participated
$60 MDebt
Meanwhile
Apr 2025Led
$40 MSeries A
Sygnum
Jan 2025Led
$58 MOther Equity
JAN3
Jan 2025Led
$5 MSeed
Amboss
Apr 2023Participated
$4 MSeed
Relai
Mar 2023Participated
$5 MOther Equity
Blockstream
Jan 2023Participated
$125 MOther Equity
Neutronpay
Sep 2022Participated
$2 MSeed
Foundation
May 2026Led
$6 MOther Equity
Utexo
Mar 2026Participated
$8 MSeed
Bullish Global
Nov 2025Participated
$35 MOther Equity
FUTURE
Nov 2025Led
$35 MOther Equity
Hercle
Oct 2025Participated
$60 MDebt
Meanwhile
Apr 2025Led
$40 MSeries A
Sygnum
Jan 2025Led
$58 MOther Equity
JAN3
Jan 2025Led
$5 MSeed
Amboss
Apr 2023Participated
$4 MSeed
Relai
Mar 2023Participated
$5 MOther Equity
Blockstream
Jan 2023Participated
$125 MOther Equity
Neutronpay
Sep 2022Participated
$2 MSeed
23
Items
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Insights

Time horizon

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Deal Distribution

Fulgur Ventures: 23 funding rounds are recorded in the selected participation categories.All available history.
Fulgur Ventures: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed19
Series A11
Other Equity46
Debt01

Monthly Deal Activity

Fulgur Ventures: 23 deals are recorded across 89 months.All available history.
Fulgur Ventures: 23 deals are recorded across 89 months. All available history
MonthDeals
Jun '191
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '211
Sep '212
Oct '210
Nov '210
Dec '210
Jan '222
Feb '220
Mar '220
Apr '222
May '221
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '231
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '252
Feb '250
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '252
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '261
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Fulgur Ventures: Crypto & Blockchain is the largest displayed sector by deal count (20 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Fulgur Ventures: Crypto & Blockchain is the largest displayed sector by deal count (20 deals). All available history
SectorDeals
Crypto & Blockchain20
Fintech18
Enterprise Software6
Networks, Cloud & Communication3
Hardware & Robotics3
E-Commerce & Retail2
Consumer & Lifestyle1
AI & Machine Learning1
Data, Analytics & IT1

Deal Size Distribution

Fulgur Ventures: 23 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Fulgur Ventures: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M12
$5M-$10M4
$10M-$25M1
$25M-$50M3
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Fulgur Ventures: United States has the largest recorded deal count among the displayed regions (10 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

Fulgur Ventures: United States has the largest recorded deal count among the displayed regions (10 deals). All available history
RegionDeals
United States10
Europe7
Canada2
Cayman Islands1
Bermuda1
United Arab Emirates1
Singapore1
Fulgur Ventures: 20 co-investors are shown, with Craft Ventures sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Fulgur Ventures: 20 co-investors are shown, with Craft Ventures sharing 3 recorded deals. All available history
Co-investorShared deals
Craft Ventures3
Hivemind Ventures3
Lightning Ventures3
Redalpine3
Stillmark3
Trammell Venture Partners3
ACE & Company2
Cavalry Asset Management2
Kingsway Capital2
Nakamoto Holdings2
New Form Capital2
Plan B Bitcoin Fund2
Polytech Ecosystem Ventures2
Ride Wave Ventures2
SBX Capital2
Tether2
TOBAM2
Alchemy VC1
Alphabit Fund1
Arcanum Capital1

Investment Strategy

Fulgur Ventures: Led accounts for 26% and participating for 74% of round participation.All available history.
Fulgur Ventures: Led accounts for 26% and participating for 74% of round participation. All available history
CategoryDeals (count)Share (%)
Led626%
Participating1774%
Fulgur Ventures: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Fulgur Ventures: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead350%
Co-led350%

Team

Oleg Mikhalsky

Partner