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Founded in 2017 by Mark Cachia, Scytale Digital is based in Vienna, Austria. The firm launched its first fund, Horizon Fund I, shortly after its inception, investing in projects like Polkadot and Ocean Protocol. In 2022, they introduced Horizon Fund II, expanding their commitment to next-generation technologies.
Scytale Digital invests in early-stage blockchain and cryptocurrency projects, particularly those that leverage disruptive Web3 technologies. Their investment strategy aims to accelerate startups that demonstrate the transformative potential of blockchain across various sectors.
Notable portfolio companies include Polkadot, Ocean Protocol, Energy Web, Acurast, Astar, Aventus, Axelar, Centrifuge, GBM Auctions, Hyperbridge, Meld, Mythical Games, and Tanssi.
Email your pitch deck to contact@scytale.ventures for consideration.
Yes, Scytale Digital often leads investment rounds in the projects they back, particularly in the early stages.
The firm is open to follow-on investments, especially in companies that show significant growth and potential in the blockchain space.
Scytale Digital's current fund, Horizon Fund II, was launched in 2022, but specific fund size details are not disclosed.
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