Loading organizations...
Dragonfly Capital is a crypto-native venture capital firm that invests in companies and protocols building the decentralized web. It provides capital and strategic support to founders across the blockchain and Web3 ecosystem. Their approach emphasizes disruptive technologies and innovative infrastructure, driven by deep technical understanding and active participation in the crypto space.
Dragonfly Capital was co-founded in 2018 by Haseeb Qureshi and Bo Feng. The firm originated from their conviction that the nascent blockchain industry required specialized capital and guidance. Their combined backgrounds in finance and early crypto engagement provided the insight to establish a dedicated fund for this evolving digital asset landscape.
Dragonfly Capital partners with pioneering crypto startups and protocols, supporting them from early development through market expansion. The firm envisions an open, decentralized future, actively shaping it by backing foundational technologies and applications. Their long-term mission is to accelerate the global crypto economy's adoption and maturity.
Dragonfly Ventures has 3 tracked investments across 3 companies. The latest tracked deal is $4.3M Seed in Dispersa in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 5, 2026 | Dispersa | $4.3M Seed | Nadarra Ventures | BDC Thrive LAB, BoxOne Ventures, Cycle Momentum, Front ROW Round, Good & Well, Quebec Government, The51 Food & Agtech Fund |
| Mar 10, 2025 | August | $10.0M Series A | Dragonfly Ventures | — |
| May 1, 2022 | Encode Club | $5.0M Seed | William Nuelle | Ambush Capital, Andreessen Horowitz, Awesome People Ventures, Canary Ventures, CoinFund, Decibel Partners, Divergence Ventures, Founderpartners, Northzone, Seed Club Ventures, SID Venture Partners, Union Square Ventures, Mason Nystrom, Alexander Salnikov, Tegan Kline, Anton Bukov, Jason Choi, Jordan Momtazi, Kain Warwick, Stefan George, Ascensive Assets, Folius Ventures, Not3lau Capital |