Organization · Venture Capital
Skywater Capital
Skywater Capital is a Singapore-based venture capital firm focused on investing in blockchain tokens through three distinct funds, including a fund of funds that allocates into other crypto VC funds.
Overview
What Skywater Capital does
What Skywater Capital is
Skywater Capital is a Singapore-based venture capital firm focused on investing in blockchain tokens through three distinct funds, including a fund of funds that allocates into other crypto VC funds.
How it participates in the startup ecosystem
The current public profile supports funder and allocator capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder · Allocator
- Last reviewed
- April 24, 2026
Official channels
Find Skywater Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Skywater Capital as a funder
Investment thesis
Skywater Capital focuses on early-stage tokens within blockchain infrastructure, combining direct token investments with LP positions in other crypto VCs through a Fund of Funds structure.
Focus narrative
Skywater Capital is dedicated to investing in early-stage blockchain tokens and infrastructure projects. The firm employs a dual strategy of making direct token investments while also participating in other venture capital funds through its Fund of Funds vehicle. This approach allows Skywater to diversify its exposure within the blockchain ecosystem and leverage the expertise of established crypto VCs.
Value beyond capital
Skywater Capital adds value to its portfolio companies by providing strategic guidance and access to a network of industry experts and resources. Through its Fund of Funds structure, the firm also enhances its portfolio's potential by leveraging the insights and capabilities of other leading venture capital firms in the blockchain sector.
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A · Series A+
- Regions
- Asia · Global
Availability
- Currently deploying
- Not published
Portfolio and track record
- Recorded portfolio count
- 9
Portfolio context
Skywater Capital has made notable investments in several blockchain projects, including DFINITY, which focuses on the Internet Computer Protocol, Chia Network, known for its proof-of-space-and-time consensus mechanism, and Idavoll, a DAO governance and financial software platform. These investments reflect the firm's commitment to supporting innovative infrastructure within the blockchain space.
Capability profile
Skywater Capital as an allocator
Commitment profile
- Target fund count
- 3
Mandate and fit
- Fund stages
- Early Stage
- Asset classes
- Crypto
- Regions
- Asia · Global
Common questions
What to know about Skywater Capital
Upseed classifies Skywater Capital under the Venture Capital organization type. Its current public profile includes funder and allocator capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 24, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.