The Venture Codex Logo

The Venture Codex

Solana Ventures

11 Hoyt Street, Apt 36A, Brooklyn, NY, 11201, United States

Overview

Solana Ventures' mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

Total investments
54
Lead investments
7
Investments · 12mo
9
Active investors
1

Sector focus

  • Blockchain
  • Cryptocurrency
  • Venture Capital
Visit website

Investment portfolio

  • Datahive AI

    Participated · Seed · Aug 2026

    Datahive AI operates a DePIN-style product that runs on users' phones, turning idle devices into workers that collect public web content such as product pages, reviews, and videos. The company emphasizes privacy, stating it does not collect browser histories, passwords, or private searches and that even the Datahive team cannot trace activity back to individual users. It further describes a security model that shards user-contributed data into tiny fragments distributed across thousands of devices so no single piece is meaningful on its own. Users earn points for participation, and those points can be converted into crypto rewards. Public reporting highlights the company's positioning in the privacy-first and web3 spaces. The company announced a $3.5M Seed raise from several web3 and tech investors.

  • Exponent

    Participated · Seed · Apr 2026

    Exponent operates an onchain yield exchange on Solana that lets users convert variable yield exposures—such as staking or lending returns—into fixed-rate or leveraged positions via an onchain interest rate order book. The company is updating its platform to introduce fully onchain order book functionality and strategy vaults that allow asset managers to package interest-rate strategies for users under predefined governance policies. Exponent has processed over $2 billion in yield volume across more than 35,000 users since launching in late 2024 and generates revenue from fees on issuing derivative positions tied to yield assets and from trading activity. It is onboarding partners and preparing markets across stablecoins, real-world assets, and Solana-denominated products, with early strategy-vault partners including RockawayX, Hastra, OnRe, and Solstice. The startup operates with a 12-person team, plans to allocate part of its recent funding toward security (audits and a bug bounty), and intends to remain focused on building on Solana. The company began fundraising for its seed in May and closed the round in August.

  • Squads

    Led · Equity · Apr 2026

    Squads builds financial infrastructure on Solana and operates two primary products: Squads Multisig, the smart account standard, and Altitude, a financial operating system for businesses. Squads Multisig secures over $10 billion in assets across the Solana ecosystem. Altitude provides businesses multi-currency accounts, corporate cards, global payments, APY on balances, and a CFO stack, and since its public launch in December 2025 has processed over $200 million in payments. Altitude holds treasury in stablecoins, settles on stablecoin rails for instant, low-cost transfers, and routes to traditional banking rails through a network of licensed PSPs. The company emphasizes compliance and security with a proprietary compliance engine and layered controls, and plans to use recent funding to expand its team, payment network, and product roadmap. Squads has raised a total of $42.9 million to date.

  • worm.wtf

    Participated · Seed · Dec 2025

    worm.wtf operates a prediction market within the Solana ecosystem, enabling participants to forecast event outcomes and trade corresponding positions. The platform benefits from Solana’s high throughput and low fees to offer efficient market creation and settlement. On 17 December 2025, the company disclosed a $4.5 million pre-seed financing round. Investors in this round include 6MV, Alliance, Solana Ventures, Borderless and Advancit Capital. The successful raise highlights growing investor interest in decentralized prediction markets on Solana. As an early-stage venture, worm.wtf remains in initial phases of product and market development, and no further operating metrics have been publicly shared.

  • Asgard Finance

    Participated · Seed · Dec 2025

    Asgard Finance develops Credit Backed Positions (CBP), a structured-positioning tool built on the Solana blockchain. The product is designed to enhance trading efficiency and composability within decentralized finance. During its beta phase, CBP has already facilitated more than $35 million in positions, demonstrating early traction with users. By leveraging Solana’s high-throughput infrastructure, Asgard aims to provide low-cost, highly configurable trading strategies for crypto market participants. The company plans to use its newly raised seed capital to refine the CBP offering and expand its ecosystem integrations. No additional operating metrics, revenue figures, or company location details were cited in the article.

Team

  • Matthew Beck