Catalyzing the Onchain Frontier
We believe that permissionless networks and digital assets are driving a paradigm shift for civilization, bringing sovereignty, ownership, and access to communities everywhere.
Ethereal invests globally, scaling companies from inception to growth and beyond to reach new heights.
About us
Ethereal Ventures supports extraordinary founders from day one, incubating, accelerating, and co-building with our team of operators, former founders, technical and security experts, and more.
We believe open and composable systems will outpace closed incumbents, leaving an endless amount of market opportunity for startups that want to redefine commerce and communication as we know it.
Ethereal Ventures supports extraordinary founders from day one, incubating, accelerating, and co-building with our team of operators, former founders, technical and security experts, and more.
We believe open and composable systems will outpace closed incumbents, leaving an endless amount of market opportunity for startups that want to redefine commerce and communication as we know it.
Our Portfolio

TRUST MATTERS
TRUST MATTERS
Founders that believe in us
Founders that
believe in us

Mara Schmiedt
Alluvial

Ethereal has been a deeply engaged partner to Alluvial, consistently showing up with a builder’s mindset. They don’t just offer strategic guidance, but are also willing to dive into the details and work alongside us to solve real challenges. Their hands-on approach and commitment had been invaluable to us.

Sreeram Kannan
EigenCloud

Ethereal Ventures offered the first term sheet for our seed round at Eigen Labs, and have been an excellent partner since day 1. In the early stages of a project, it is extremely helpful to have a VC who will go out of the way to bat for your project: Ethereal exemplifies that behavior. Min, Praneeth and the rest of the team are always on the look out for ways to help and add value. I am delighted we took the opportunity to work with them, and would recommend them strongly to other early stage crypto founders.

Joe and Zac
Aztec
Joe, Min and the Ethereal team have been fantastic partners for us at Aztec over the last 4 years. Joe has been an active director on our board since inception, providing wisdom, counsel and legitimacy for us as a startup in an un-chartered frontier space. Min and the rest of the Ethereal team has dedicated more time than we could imagine for hands-on help and advice, candid feedback, and friendship over the years.

Sreeram Kannan
EigenLayer

Ethereal Ventures offered the first term sheet for our seed round at Eigen Labs, and have been an excellent partner since day 1. In the early stages of a project, it is extremely helpful to have a VC who will go out of the way to bat for your project: Ethereal exemplifies that behavior. Min, Praneeth and the rest of the team are always on the look out for ways to help and add value. I am delighted we took the opportunity to work with them, and would recommend them strongly to other early stage crypto founders.

Sreeram Kannan
EigenLayer

Ethereal Ventures offered the first term sheet for our seed round at Eigen Labs, and have been an excellent partner since day 1. In the early stages of a project, it is extremely helpful to have a VC who will go out of the way to bat for your project: Ethereal exemplifies that behavior. Min, Praneeth and the rest of the team are always on the look out for ways to help and add value. I am delighted we took the opportunity to work with them, and would recommend them strongly to other early stage crypto founders.

Sreeram Kannan
EigenLayer

Ethereal Ventures offered the first term sheet for our seed round at Eigen Labs, and have been an excellent partner since day 1. In the early stages of a project, it is extremely helpful to have a VC who will go out of the way to bat for your project: Ethereal exemplifies that behavior. Min, Praneeth and the rest of the team are always on the look out for ways to help and add value. I am delighted we took the opportunity to work with them, and would recommend them strongly to other early stage crypto founders.

Sreeram Kannan
EigenLayer

Ethereal Ventures offered the first term sheet for our seed round at Eigen Labs, and have been an excellent partner since day 1. In the early stages of a project, it is extremely helpful to have a VC who will go out of the way to bat for your project: Ethereal exemplifies that behavior. Min, Praneeth and the rest of the team are always on the look out for ways to help and add value. I am delighted we took the opportunity to work with them, and would recommend them strongly to other early stage crypto founders.
Our principles
Founder Forward
We meet founders where they are, working with them on all areas operationally, and respect their vision as the core source of innovation.
Founder Forward
We meet founders where they are, working with them on all areas operationally, and respect their vision as the core source of innovation.
Founder Forward
We meet founders where they are, working with them on all areas operationally, and respect their vision as the core source of innovation.
Building Together
We don’t just invest in founders, we build with them. We go deep on technical architecture, protocols, and research, and leave no founder without a helping hand.
Building Together
We don’t just invest in founders, we build with them. We go deep on technical architecture, protocols, and research, and leave no founder without a helping hand.
Building Together
We don’t just invest in founders, we build with them. We go deep on technical architecture, protocols, and research, and leave no founder without a helping hand.
Go-to-Market Excellence
We leverage our deep network and market insights to help founders find product-market fit, scale efficiently, and build global products.
Go-to-Market Excellence
We leverage our deep network and market insights to help founders find product-market fit, scale efficiently, and build global products.
Go-to-Market Excellence
We leverage our deep network and market insights to help founders find product-market fit, scale efficiently, and build global products.
Responsible Innovation
We back projects that strike a balance between ambition and empathy, avoiding extractive models and prioritizing systems that are user-centric and uplift rather than exploit.
Responsible Innovation
We back projects that strike a balance between ambition and empathy, avoiding extractive models and prioritizing systems that are user-centric and uplift rather than exploit.
Responsible Innovation
We back projects that strike a balance between ambition and empathy, avoiding extractive models and prioritizing systems that are user-centric and uplift rather than exploit.



Joe Lubin - Where Ethereum Goes From Here
Joe Lubin, Ethereum co-founder and Chairman and Managing Partner of Ethereal Ventures, joins CNBC ‘Fast Money’ to talk Ethereum and broader crypto adoption.



Distributed Validators
We explore the catalysts driving the growth of Distributed Validators, the direct impact of security on node operator profitability, and the performance of DVs on Ethereum mainnet.



(Breaking) Circuits on Ethereum
An overview of the tradeoffs that come with using circuit breakers for DeFi protocols on Ethereum
People
Meet the Ethereal Ventures team.

Joseph Lubin
Chairman & Managing Partner

Joseph Lubin
Chairman & Managing Partner

Joseph Lubin
Chairman & Managing Partner

Min Teo
Managing Partner

Min Teo
Managing Partner

Min Teo
Managing Partner

Praneeth Srikanti
Investment Partner

Praneeth Srikanti
Investment Partner

Praneeth Srikanti
Investment Partner

Poh Kuan Tan
Chief Financial Officer

Poh Kuan Tan
Chief Financial Officer

Poh Kuan Tan
Chief Financial Officer

Federico F. Soddu
General Counsel

Federico F. Soddu
General Counsel

Federico F. Soddu
General Counsel

Eeshaan Sachatheva
Investment Partner

Eeshaan Sachatheva
Investment Partner

Eeshaan Sachatheva
Investment Partner

Robert Drost
Research Partner

Gonçalo Sá
Technical Partner

Gonçalo Sá
Technical Partner

Gonçalo Sá
Technical Partner

Gregory Rocco
Head of Portfolio

Gregory Rocco
Head of Portfolio

Gregory Rocco
Head of Portfolio

Christian St. Louis
Data Scientist

Michael Kriak
Venture Partner

Robert Drost
Research Partner

Robert Drost
Research Partner

Robert Drost
Research Partner

Thomas Rush
Venture Partner

Thomas Rush
Venture Partner

Thomas Rush
Venture Partner

Claire Thompson
Executive Assistant

Claire Thompson
Executive Assistant

Claire Thompson
Executive Assistant

Min Teo
Managing Partner

Min Teo
Managing Partner

Michael Kriak
Venture Partner

Michael Kriak
Venture Partner

Michael Kriak
Venture Partner

Christian St. Louis
Data Scientist

Christian St. Louis
Data Scientist

Christian St. Louis
Data Scientist
People
Meet the Ethereal Ventures team.
People
Meet the Ethereal Ventures team.
People
Meet the Ethereal Ventures team.
Get in touch
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