Invictus Capital
67 Fort Street, 1st Floor, Artemis House, George Town, KY1-1102, Cayman Islands
Overview
Invictus Capital leverages existing public blockchain rails and the hundreds of thousands of onramps and offramps that exist globally to democratize access to investment products in emerging and developed markets. We believe investing should be convenient, transparent and low-cost.
- Total investments
- 5
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 4
Investment portfolio
- Serenis
Participated · Series A · Sep 2025
Founded in 2021 by Silvia Wang and Daniele Francescon, Serenis operates an online, medically-licensed platform that matches patients with 2,500 experienced psychologists, psychiatrists and nutritionists. After going live in 2022, the company grew revenue from €2 million that year to €12 million in 2023 and €25 million in 2024, and it projects surpassing €40 million in 2025. To date, Serenis has facilitated 1.5 million therapy sessions for consumers and for 250 enterprise customers via its Serenis Business offering, which counts Nestlé, Banca Sella, Satispay and Leroy Merlin among its clients. The company is extending its product suite with Serenis Nutrizione for eating disorders, opening physical Serenis Studio clinics in Milan and Rome, and rolling out Scribe AI, a GDPR-compliant tool that generates instant session summaries. Serenis employs 65 people and plans to add 30 more in the next year. Its mission is to make high-quality mental and physical wellbeing services more accessible by combining clinical rigor with proprietary technology.
- Will
Led · Seed · Apr 2020
Will is an online‑first community created to inform and popularize complex topics for broad audiences, especially younger generations. Founded in January 2020 by Imen Boulahrajane and Alessandro Tommasi, the startup produces short-form content across social platforms and recently launched a daily 5‑minute podcast narrated by Imen. The podcast reached the top 3 on Spotify and Apple charts within days of launch. Will counts close to 220K Instagram followers and a 12‑member team that includes data scientists, graphic designers, authors, policy experts and social media managers. The team is starting collaborations with premium brands and third parties, including a recent awareness project with UNICEF. Financially, Will has just closed a €1.2 million seed round to support its growth and content expansion.
- Ovex
Led · Seed · May 2019
Ovex operates a market-focused cryptocurrency exchange and OTC desk that provides prime brokerage services to institutions and high‑net‑worth individuals. The platform offers 26 cryptocurrencies, ZAR deposits, and plans to add multiple fiat options, and it runs services including an OTC desk, bitcoin arbitrage, and interest-bearing crypto accounts (up to 10% annually). Ovex reports approximately $300M in monthly trading volume and delivers execution, fast settlement, and insured custody. The company offers investment opportunities to retail and accredited investors and provides extended credit lines for high-volume clients. Founded in February 2017 and led by CEO Jonathan Ovadia, Ovex serves clients globally from its Cape Town base. The company intends to use new funding to expand into Dubai, Nairobi, Quebec, London, and Lagos when Nigeria’s central bank eases its cryptocurrency ban. Ovex launched its crypto platform in March and offers South Africans the ability to buy and sell more than 18 digital assets using Rands. The startup was founded last year by CPO Tom Masojada, CEO Jonathan Ovadia and CTO Nikhar Ramchunder. Ovex disclosed it secured a seed investment from Cayman Islands-based Invictus Capital that the company says was under R10-million. The company also said its valuation was in excess of R10-million. Invictus brings custodial experience with over $160-million in crypto assets, which Ovex describes as a strategic advantage, and Vinny Lingham’s Newtown Partners made an earlier undisclosed investment. Ovex said it is still negotiating with other parties, suggesting further fundraising or partnerships may follow. Ovex is a Cape Town–based cryptocurrency exchange founded last year by Tom Masojada (CPO), Jonathan Ovadia (CEO and product architect) and Nikhar Ramchunder (CTO). It launched its platform two weeks prior to the article and lets South Africans buy and sell more than 18 digital assets using rand. The product offers both an "advanced" trading interface and a simple one-click buy/sell option aimed at all types of crypto users. Ovex has rolled out an interest account promising up to 7% interest across over 18 cryptocurrencies, enabled by in-house market-making. The exchange uses AI and a partnership with Civic for fast KYC—users withdrawing more than R20,000 can verify identity in minutes—and has a TrueUSD/TrustToken partnership to let users buy TUSD at bank rates to avoid local premiums. The company also plans a podcast series featuring local and international industry figures to grow engagement and education in South Africa.
- Gamedex
Led · Seed · Jul 2018
Gamedex builds a platform for blockchain-powered digital collectible cards and digital collectible card games similar to Pokemon, Hearthstone, Magic: The Gathering and FIFA Ultimate Team. The company raised $800K in seed funding that was purchased as Gamedex tokens (GDX) rather than equity. The seed round was led by Invictus Capital via its Hyperion fund. Gamedex intends to use the funds to continue building its platform. The company is led by co-founder and CEO Cameron Garvie. It is planning a public GDX token sale for late 2018.
- CodeMonkey Studios
Participated · Seed · Feb 2017
CodeMonkey is a web-based educational games company that has developed an online game teaching children to code using CoffeeScript. The game, suitable for children aged nine and up, has users control a monkey to catch bananas by writing lines of code. It is completely web based and does not require installation. The company is led by CEO Jonathan Schor, COO Yishai Pinchover and CTO Ido Schor, and operates out of Brooklyn, NY and Tel-Aviv, Israel. CodeMonkey raised $1.5M in seed funding to support growth. The company intends to use the funds to grow the team with a focus on R&D, sales and marketing and to expand operations.