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Protoscale Capital functions as a venture capital firm, specializing in investments that guide companies from their initial prototype stage through to commercial scale. The firm's strategic focus spans enterprise software, healthcare, and the cryptocurrency sector, demonstrating a particular interest in innovative solutions within financial services. It identifies opportunities where emerging technologies can disrupt or enhance existing market paradigms.
The firm was founded in 2019 by David Chen. The inception of Protoscale Capital was driven by an understanding of the capital and strategic support essential for nascent companies navigating complex technological landscapes. This insight underpins its approach to nurturing promising ventures from early development to significant market presence.
Protoscale Capital partners with early-stage companies, serving as a financial and strategic ally as they evolve their products and market penetration. The firm's overarching vision is to cultivate transformative technologies within its core investment areas, aiming to empower the next generation of leaders in financial services, enterprise technology, and digital health.
Protoscale Capital has 2 tracked investments across 1 company. The latest tracked deal is $4.0M Other Equity in Ondo Finance in August 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 18, 2021 | Ondo Finance | $4.0M Other Equity | Paul Veradittakit | Christy Choi, Diogo Mónica, Josh Hannah, Richard MA, Stani Kulechov, Bixin, Chapter ONE, CMS, CoinFund, Digital Currency Group, Divergence, Genesis, The LAO |
| Aug 1, 2021 | Ondo Finance | $4.0M Seed | Pantera Capital | Adverb Ventures, Chloe Sladden, Jana Messerschmidt, CoinFund, Haun Ventures, Otherwise Fund, ParaFi Capital, Pareto Holdings, Pioneer Fund, Robot Ventures, Sequoia Capital, SID Venture Partners, Solana Ventures, Trajectory Ventures, True Ventures, Wellington Management, Akshay Kothari, Andy Coravos, Scott Belsky, Shane Neman, Stefan George, Tegan Kline, Tyler Scott Ward, Bixin, Chapter ONE, Christy Choi, CMS, Digital Currency Group, Diogo Mónica, Divergence, Genesis, Josh Hannah, Richard MA, Stani Kulechov, The LAO |