Tenzor Capital
6 Bayside Road, Gibraltar
Overview
Tenzor Capital is a $40M venture capital fund active since 2017 that invests in crypto and Web3 startups. Tenzor backs ventures at any stage with token or equity investments, ranging from $100k to $3m. Tenzor provides strategic support with marketing, hiring, and accelerating growth.
- Total investments
- 10
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Sats Terminal
Participated · Seed · Apr 2025
Sats Terminal provides a decentralized, Bitcoin-centric financial platform through both its flagship application and specialized SDKs. Its first core product, Borrow, launched in January 2026 and lets users post native BTC as collateral to obtain stablecoins across Ethereum, BNB Chain, Arbitrum, and Base without surrendering custody. A second product, Earn, is slated for release in March 2026 to give users yield-generating opportunities on their BTC holdings. The team is also finalizing integrations with major wallet providers to widen distribution of its services. Beyond product expansion, Sats Terminal plans to leverage strategic partners to embed its technology in broader crypto ecosystems. The company previously secured a $1.7 million pre-seed round in late 2025 led by Coinbase Ventures and Draper Associates. No operating metrics such as revenue or user counts were disclosed in the article.
- Zyfi
Participated · Equity · Jun 2024
Zyfi is a native account-abstraction layer that provides Paymaster-as-a-Service. Its service enables any token to be used as gas, aiming to make on-chain transactions more flexible. The company says it is prepared to change the on-chain experience through native account abstraction. Zyfi announced completion of a $2 million private placement. Participating investors named in the announcement include Tenzor Capital, Everstake Capital, and ZBS Capital among others. The article does not disclose operating metrics, use of proceeds, or additional financial details.
- Zeko Labs
Participated · Seed · Apr 2024
Zeko Labs is developing the Zeko Protocol, a cross-chain zero-knowledge scaling protocol built on Mina in partnership with o1Labs and the Mina Foundation. The protocol aims to give developers advanced zero-knowledge-proof capabilities, including recursive proof aggregation, to expand the design space for both EVM and non-EVM applications. Zeko positions its technology to enable privacy-preserving zkApps that support finance, AI, gaming, and broader internet services while improving scalability, data security, and interoperability. The company says the protocol will empower individuals with greater control over assets and identity and lower barriers to entry for developers and enterprises. Zeko plans to use newly secured capital to expand the team, accelerate product development, grow its developer community, and foster strategic partnerships across blockchain and traditional software sectors. The company recently closed a $3 million pre-seed funding round to support these efforts.
- Hedgehog Protocol
Participated · Seed · Mar 2024
Hedgehog is a protocol focused on hedging volatility in crypto transaction fees. Its core product is an asset whose price is intended to reflect current transaction-fee (gas) levels on Ethereum. The team’s stated goal is to provide market participants a way to hedge large swings in on-chain transaction costs. Hedgehog completed a $1.5 million pre-seed financing to advance development. Named investors and angel backers from the round signal early institutional and protocol-native support for the idea. The company’s immediate financial position is supported by the announced pre-seed capital, which should fund further product development and adoption efforts.
- Infrared
Participated · Seed · Jan 2024
Infrared is the first proof-of-liquidity (PoL) staking protocol on Berachain, offering liquid staking for the network’s native BGT and BERA tokens. Users who stake native tokens receive validator rewards plus iBERA, a liquid-staked token that can be deployed across other DeFi protocols to generate additional yield. The protocol aims to unlock productive capital within the wider Berachain ecosystem by maximizing efficiency and yield for stakers and builders. Infrared will be among the first projects to benefit from the Berachain Foundation’s incubator, Build a Bera. The article links the rollout to Berachain’s recent mainnet launch on Feb. 6 and the network’s proof-of-liquidity consensus that rewards liquidity provision. Financially, the company has completed multiple financing rounds bringing institutional backing from crypto-focused investors.