Solana Ventures

On November 5, 2021, Solana Ventures, Lightspeed Venture PartnersLightspeed Venture PartnersLightspeed Venture Partners backs companies from seed through late-stage financing. Its website distinguishes Lightspeed Management Company (LSVP) from Lightspeed India Partners (LSIP): the two are separately operated investment advisers, with the U.S., European, and Israeli offices belonging to LSVP and the India and Southeast Asia offices belonging to LSIP.Open the full entry and the cryptocurrency exchange FTXFTXFTX was a cryptocurrency exchange founded in 2019 by Sam Bankman-Fried and Gary Wang that operated FTX.com, moved its headquarters from Hong Kong to the Bahamas in 2021 and was valued at $32 billion in January 2022. In November 2022 it filed for U.S. bankruptcy protection amid a liquidity crisis, and Bankman-Fried was later convicted of fraud and related charges. Its reorganization plan took effect in January 2025, after which the FTX Recovery Trust began paying creditors in stages.Open the full entry announced a $100 million commitment to invest in blockchain gaming studios, technology and projects. The first investment was Faraway Games, which had announced a $21 million Series A the day before; its browser-based shooter-strategy game Mini Royale: Nations was due to integrate with Solana in December 2021.⁠[1]

On December 14, 2021, Solana Ventures, the blockchain gaming infrastructure company Forte and the gaming investor Griffin Gaming Partners pledged $150 million to invest in Web3 game developers building decentralized games on Solana — Solana Ventures’ second major gaming initiative after the $100 million program announced the previous month. Matthew Beck, a partner at Solana Ventures, said: “The ecosystem is still defining what the intersection of blockchain and gaming looks like.”⁠[2][3]

On June 7, 2022, Solana Ventures and the Solana Foundation announced a $100 million investment and grant fund for Korean Web3 startups, focused on game studios, GameFi, NFTs and DeFi. It was Solana Ventures’ first geographically focused fund, offering capital, localized product and engineering support, and Korea-based advisors. Matthew Beck, head of Solana Ventures, said: “The future of web3 is being built right now.”⁠[4]

On April 29, 2026, Squads, a provider of multisig protocols on Solana, announced an $18 million strategic round led by Solana Ventures, with participation from Coinbase VenturesCoinbase VenturesCoinbase Ventures invests in crypto technology and Web3, participating at the early stages of startup teams in areas including blockchain protocols, infrastructure, decentralized finance, and developer tools, and provides support through operating experience and partnership resources.Open the full entry, Haun VenturesHaun VenturesHaun Ventures is a venture capital firm founded in 2022 by Katie Haun, a former U.S. federal prosecutor and former general partner at Andreessen Horowitz. It focuses on digital assets, financial infrastructure, and related frontier technologies; it raised $1.5 billion across two funds at launch and a further $1 billion in 2026.Open the full entry, L1D and others, to expand its stablecoin platform Altitude. The round, a single-tranche priced equity round, began the previous October and closed in December, bringing Squads’ total funding to $42.9 million. Matthew Beck, head of Solana Ventures, said Altitude “will be how the next generation of global businesses runs their financial operations.”⁠[5]

As of November 2026, the Solana Ventures website said it invests in teams using Solana to accelerate innovation and drive onchain adoption, and its “Selected Portfolio Companies” section listed Phantom, Jito, Squads, Helius, Pump.fun, Kamino, Fin, Cube, Exponent, ZAR, Sphere and Portals. The site’s copyright line names Solana Technology Services LLC, and its terms, privacy and cookie policies link to the Solana Labs website.⁠[6]

Solana Ventures: Official website: https://solana.ventures/ (opens in a new window).⁠[6]