SCYTALE POLKADOT ECOSYSTEM FUND GP LLC
SCYTALE POLKADOT ECOSYSTEM FUND GP LLC is a Pre-seed, Seed, Series A and Series C+ fund in Global investing in Developer Tools, Fintech, blockchain, layer-2-solutions, gaming and decentralized-applications.
- Stages
- Pre-seed, Seed, Series A, Series C+
- Sectors
- Developer Tools, Fintech, blockchain, layer-2-solutions, gaming, decentralized-applications
- Invests in
- Global
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2017
- Assets under management
- $75M+
- Website
- scytale.ventures
Check size not disclosed
Thesis
Scytale Polkadot Ecosystem Fund GP LLC, part of Scytale Digital, is a venture capital firm focused on the Polkadot and Kusama ecosystems. They invest in and support early-stage blockchain and crypto startups, with a preference for projects building on Polkadot. Their strategy involves leading initial investment rounds and offering value beyond capital, including mentorship, technical advisory, and ecosystem participation. The fund targets pre-seed, seed, and Series A stages, with potential for follow-on investments. The Polkadot Ecosystem Fund received $20 million in seed funding from the Web 3.0 Technologies Foundation. Scytale Digital as a whole manages over $75 million in AUM. While specific check sizes are not public, their strategy suggests typical early-stage crypto venture rounds. They are denominated in DOT and allocate a portion to liquid strategies. The firm was founded in 2017 and is legally named Scytale Digital.
Common questions
Does SCYTALE POLKADOT ECOSYSTEM FUND GP LLC invest at the Pre-seed stage?
Yes. SCYTALE POLKADOT ECOSYSTEM FUND GP LLC lists Pre-seed, Seed, Series A and Series C+ among the stages it invests in.
Where does SCYTALE POLKADOT ECOSYSTEM FUND GP LLC invest?
SCYTALE POLKADOT ECOSYSTEM FUND GP LLC invests in Global.