Variant

Tier 1
#21 in Investors

Retail ROI

💀 0.48x

Total Investments
73
Lead Investments
19
Private ROI
0.20x
Binance listed %
9 of 61(14.75%)
Type
Ventures Capital
Location
United States of America

About Variant

Variant is an early-stage fund investing in web3. They believe the next generation of the internet will transform users into owners. They back mission-aligned founders at the earliest possible stage

Official Resources

Funding Rounds PortfolioWallet BalanceTwitterResearch

Investments Allocation

DeFi19.18%

Blockchain Service16.44%

Lending Platform8.22%

Infrastructure8.22%

Gaming5.48%

Social5.48%

Other36.99%

Co-Investors

Name

Co-investments

Latest Round

Coinbase Ventures

23 Rounds

Jul 22, 2026

Andreessen Horowitz (a16z)

Fundraising Rounds

			Stage	Investors
Tenor Finance	--	--	Seed Round	+4		DeFi	Jul 22, 2026
MORPHO Morpho	$175.00 M	~$1.75 B	Strategic Round	+13		Lending Platform	Jun 9, 2026
Turnkey	$12.50 M	~$125.00 M	Strategic Round	+4		Blockchain Service	May 14, 2026
Levl	$7.00 M	~$70.00 M	Seed Round	+5		Blockchain Service	Feb 11, 2026
DRV Derive	--	--	Funding Round			Perpetual	Feb 2, 2026
Doppler	$9.00 M	~$90.00 M	Seed Round	+1		DeFi	Jan 29, 2026
Tenbin Labs	$7.10 M	~$71.00 M	Seed Round	+16	--	DeFi	Jan 27, 2026
Project 11	$20.00 M	$120.00 M	Series A	+8		Infrastructure	Jan 14, 2026
Cascade	$15.00 M	~$150.00 M	Funding Round	+1		CEX	Dec 9, 2025
Pye Finance	$5.00 M	~$50.00 M	Seed Round	+2		DeFi	Dec 8, 2025
META MetaDAO	$2.50 M	~$25.00 M	OTC Deal			Solana Ecosystem	Oct 14, 2025
Melee	$3.50 M	~$35.00 M	Pre-seed			DeFi	Sep 24, 2025
Coop Records	$4.50 M	~$45.00 M	Seed Round	+12		Music	Sep 23, 2025
The Clearing Company	$15.00 M	~$150.00 M	Seed Round	+14		DeFi	Aug 27, 2025
Rialo (Subzero Labs)	$20.00 M	~$200.00 M	Funding Round	+7		Infrastructure	Aug 1, 2025
Remix	$5.00 M	~$50.00 M	Seed Round	+3		Gaming	Jul 10, 2025
Project 11	$6.00 M	~$60.00 M	Seed Round	+2		Infrastructure	Jun 19, 2025
Turnkey	$30.00 M	~$300.00 M	Series B	+3		Blockchain Service	Jun 9, 2025
PYUSD TrueX	$11.00 M	~$110.00 M	Series A	+4	--	CEX	May 20, 2025
Pluralis Research	$7.60 M	~$76.00 M	Seed Round	+6	--	Blockchain Service	Mar 19, 2025

Showing 1 — 20 out of 73