Exclusive Q2 2025 Funding Report now available for premium users. Read more
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Protagonist

Portfolio

20+
Mill City Ventures III
Mill City Ventures III
1 round invested
Silhouette
Silhouette
1 round invested
Momentum
Momentum
1 round invested
XSY
XSY
1 round invested
Tradoor
Tradoor
1 round invested
Walrus
Walrus
1 round invested
XXXXX XXXX
XXXXX XXXX
1 round invested
XXX XXXXXXX
XXX XXXXXXX
1 round invested

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Funding Rounds

Deals
20+
Latest Round
Jul 28, 2025
Mill City Ventures III raised $450 million led by Karatage with participation from M2, Paper Ventures, Comma3 Ventures, Protagonist, Selini Capital, ParaFi Capital, FalconX, dao5, Maven 11, Big Brain Holdings, Borderless Capital, Electric Capital, Arrington Capital, GSR, Galaxy, PANTERA Capital, Dr Jack Kong - NLABS Fund, and others.
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Co-Investors

Karatage
Investing in cryptocurrencies, fund managers and companies that will reshape the economy.
Karatage
Lemniscap
Advisory and investment in the blockchain space.
Lemniscap
Robot Ventures
Hosted by Robert Leshner.
Robot Ventures
IOSG Ventures
Early and mid-term venture capital investments.
IOSG Ventures