Thesis

The Web3 paradigm

offers enormous potential to impact large markets, and change consumer and business practices globally, by replacing intermediaries with open protocols, reducing costs, and improving efficiency, speed, security, privacy and control

Since the advent of Bitcoin

a key obstacle to the practical implementation of this vision was the immaturity and general shortage of underlying infrastructure, and related limitations of scalability, UX, and privacy

Early focus

on building infrastructure in Web3 has led to the creation of a huge amount of block space that is underutilized, while the development of applications was relatively neglected and underfunded

The time has come

to leverage the progress in modern infrastructure to design and offer practical products and innovative solutions to a rapidly growing universe of users

We believe

the introduction of groundbreaking applications during the next few years will be pivotal to the success of the Web3 paradigm and will be drive value, accelerating adoption and overall investment returns

We focus on projects and protocols within applications and middleware that leverage Web3 foundational principles and infrastructure to bring transformative change to broad markets beyond crypto native space.

Payments

New payment systems on top of Web3 rails

Examples:

Rise

Due

Nevermined

Social

Open, composable social networking protocols and applications

Examples:

Interface

Airstack

Neynar

Asset Tokenization

Bringing Web3 efficiency to traditional markets

Examples:

Ownera

Jiri

Composable Data & AI

Laying the foundation for the interoperable data space

Examples:

Ceramic

Intuition

NapthaAI

Confidential Computing

Unlocking power and value of private data

Examples:

Fair Math

Fluence

… and more

Building practical application & middleware in various, other verticals

Examples:

Azuro

Gearbox

Zerion

Early

Search for compelling opportunities at the Seed and Series A stages

Discovery

Venture investing is about discovering and empowering new ideas rather than about pure asset management

Independent

As receptive to early non-mainstream concepts as to proven business models

Sustainable

Compound our invested capital through growth in value rather than short-term opportunities

Tech-savvy

Appreciate strong, proven teams with deep domain expertise

Contribute

Welcome opportunities to be actively involved and work hard together with our investees

It is clear that in Polymorphic Capital we have a real partner, who is passionate about our vision and fully supports me and the company along our journey to leading our market. — Ami Ben-David, founder and CEO

SWIFT for private assets

(Co-lead, Seed)

I am incredibly grateful for the partnership we have with Polymorphic Capital. Their belief in our vision, coupled with their expertise in the industry, has been instrumental in shaping the trajectory of our company. – Hugo Finkelstein, Co-Founder & CEO

Leading Web3 payroll provider

(Co-lead, Seed)

Polymorphic Capital, our earliest stage backer, stands out as a prime example of a smart money team with their invaluable advice and consistent strategic support. Their thoughtful insights and key introductions in the web3 space have been instrumental in our growth. - Nick, Azuro Core Contributor

Leading sports betting protocol in Web3

(Lead, Pre-seed, Co-Lead, Seed)

Filling Up The Blockspace With Polymorphic Usecases

Let's make Web3 useful together