Funfair Ventures
Second Floor, 14 Athol Street, Douglas, IM1 1JA, Isle of Man
Overview
FunFair Ventures is a venture capital business .Funfair Ventures funds early stage blockchain projects with a focus on both equity and tokens.
- Total investments
- 14
- Lead investments
- 1
- Investments · 12mo
- 5
- Active investors
- 0
Sector focus
- Blockchain
- Information Technology
Investment portfolio
- Entravel Group
Participated · Equity · Aug 2026
Entravel Group operates a travel technology stack through three connected businesses: MocatravelX, which secures hotel inventory and negotiated rates; Ratestellar, which aggregates supply and provides access to more than 2.2 million hotels; and Entravel, which packages these capabilities into a ready-to-use booking stack for partners. Its AI-powered mapping technology standardises hotel content and room-type matches across fragmented supplier systems to normalise pricing and content. The company positions its white-label model to enable fintechs, super-apps and other digital platforms to embed travel services under their own brands. Entravel is developing an AI-native Model Context Protocol (MCP) interface to connect AI agents directly to live inventory and booking capabilities. It is also building a stablecoin-enabled financial layer intended for settlement, treasury management and working-capital financing. According to CEO Mathias Lundoe Nielsen, partner platforms using Entravel’s live white-label offerings can save up to 60% on selected hotels and achieve average booking conversion rates exceeding 10%.
- Cork
Participated · Seed · Jan 2026
Cork is building a protocol that supplies tokenized risk infrastructure, enabling standardized pricing, market-driven hedging, and redemption-liquidity backstops for on-chain assets such as vault tokens, yield-bearing stablecoins, liquid (re)staking tokens, and real-world assets. The system lets asset managers and issuers spin up custom swap markets to enhance redemption liquidity, improve risk transparency, and bolster market confidence. Its composable risk primitives integrate directly with ERC-4626 vaults and other yield-bearing ERC-20 assets, making risk management a native, programmable component of on-chain finance. Future plans include bringing the company’s first risk markets into production, expanding integrations with vault and asset issuers, and supporting regulated product pathways. Cork has secured $5.5 million in seed funding to finance these initiatives, providing the capital base for continued product development and market launch.
- Resolv
Led · Seed · Jan 2026
Resolv is building the “recovery layer” for digital assets by enabling stolen ERC-20 tokens to be recovered via a transparent, decentralized arbitration process. Users first wrap their holdings into protected tokens (pTokens); if theft occurs, a freeze algorithm locks the stolen assets across chains. A randomly chosen panel of vetted blockchain-forensics experts then reviews evidence and, on a majority vote, authorizes automated fund recovery—eliminating any single point of control. Founded in 2023, the company already has 2,000 users in a closed-beta mainnet who aim to protect a collective $140 million, indicating strong early demand. Over $20 billion in crypto has been stolen since 2011, underscoring the need for such infrastructure. The newly raised capital will be used to expand the team, harden the core recovery stack, grow business development, and establish regulatory foundations. Management envisions becoming the default security layer as institutional capital continues to move on-chain.
- Rhuna
Participated · Seed · Oct 2025
Rhuna supplies a programmable, wallet-native layer that unifies checkout, POS, ticketing, access control, loyalty, identity, and real-time stablecoin settlement for the entertainment industry. Its platform acts as a universal entertainment pass, giving operators verifiable, on-chain oversight while delivering users a Web2-smooth experience backed by Web3 security. The company has already supported more than 2 million users across pilot deployments and processed over US$90 million in payment volume. Rhuna’s rails have powered 165+ events and festivals—including the UNTOLD music festival where 450,000 attendees transacted through Rhuna—demonstrating global scalability. Current customers span venues, aquaparks, theme parks, and mobility partners across multiple continents. Fresh capital will bolster its payments and settlement infrastructure, widen POS, ticketing, and mobility integrations, and accelerate the rollout of a consumer app for discovery, access, and wallet-native checkout. Looking ahead, Rhuna plans additional high-profile deployments in Asia, Europe, and North America before year-end, positioning itself as the financial layer for entertainment’s transition to stablecoin-based commerce.
- Utila
Participated · Series A · Sep 2025
Utila is an all‑in‑one digital asset operations platform that provides secure, enterprise‑grade infrastructure for stablecoin operations, treasury management, trading operations and business continuity. Its platform features enterprise MPC wallets, granular policy controls, developer APIs, multi‑chain support, a payments and tokenization engine, and integrations with AML providers, exchanges, DeFi and banking rails. Founded in 2022 by Bentzi Rabi and Sam Eiderman, Utila serves 200+ institutional customers, processes over $15 billion in monthly volume and has secured more than $90 billion in total transactions. The company emphasizes military‑grade security and compliance designed for high‑volume institutional use cases. Utila plans to use the new funding to accelerate global expansion and product development, targeting North America, Europe and emerging markets in LATAM, APAC and Africa. The firm positions itself as the operating system for organizations integrating stablecoins into payments, treasury and operational workflows. Utila builds an enterprise-grade platform for on-chain operations centered on institutional MPC key management and wallets, offering MFA, confidential computing, robust user management and a transaction policy engine. The platform includes balance tracking, reconciliation, tokenization capabilities and connectivity to compliance and liquidity providers. Utila targets use cases such as payments, tokenization of real assets, trading adjuncts and treasury management where existing solutions lack flexibility or enterprise-grade security. The company reports having secured $35 billion in digital asset transactions, engages hundreds of global clients and processes over $8 billion in monthly volume, with a goal of $1 billion in daily transaction volume by year-end. Product and road‑map plans include expanding protocol support, launching an on‑premise offering and extending digital asset coverage. Utila is using recent funding to scale global operations, grow R&D, expand sales and customer‑success teams and open new jurisdictions, including a recently opened London office. Utila is an enterprise-grade crypto operations platform led by CEO Bentzi Rabi that enables organizations of all sizes to manage digital assets securely. The platform offers a secure, non-custodial, chain-agnostic wallet powered by MPC key management and a transaction policy engine for granular control. Institutional investors, trading firms, and Web3 builders can manage assets across multiple blockchains, wallets, and users on a single platform, and developers can build custom offerings via an API. Utila counts industry users such as Fasanara, Starkware and Psalion and has secured over $3 billion in transaction volume within a few months. The company intends to use the $11.5M seed to expand operations, broaden its business reach, and accelerate development efforts. The product emphasizes enterprise-grade security, multi-chain support, and operational simplicity for large-scale crypto management.
Team
No current team members are available.