“Backs category-defining companies building on Avalanche, the blockchain purpose-built for business, finance and global scale, with an institutional, RWA and enterprise bias.”
Splits below are computed from 12 companies named on blizzard.fund, out of a stated 100-plus total investments; the fund does not publish a full portfolio list.
Blizzard Fund is the dedicated venture arm backing the Avalanche ecosystem, with a stated fund size over $200 million and more than 100 investments to date. Its thesis is explicit and narrow in the best way for founders trying to figure out fit: back category-defining companies building on Avalanche specifically, with the site's own framing leaning toward business, finance and global-scale use cases rather than purely speculative or consumer-first crypto.
The named portfolio reflects that institutional and RWA lean clearly: Homium (home-equity RWA), Balcony (tokenized land records), Protego Trust (institutional custody), BridgeTower Capital and Artemis Analytics (institutional-facing infrastructure and analytics). Consumer and gaming appear too, through Tixbase (ticketing), DomiOnline, KINETK, and One Earth Rising, and DeFi through Steakhut, but the center of gravity on the named list is clearly enterprise and RWA rather than DeFi-degens-first.
The team is small and named directly: Lydia Chiu as CIO, Vera Im as Senior Investment Associate, and Elias Peralta as Fund Controller. Unusually for a chain-native fund at this scale, Blizzard runs a genuinely public application process through a Google Form, with no stated requirement for a warm intro.
Key stats:
| Partner | Role | Where to find them |
|---|---|---|
| Lydia Chiu | Chief Investment Officer | blizzard.fund |
| Vera Im | Senior Investment Associate | blizzard.fund |
| Elias Peralta | Fund Controller | blizzard.fund |
X and LinkedIn handles were not confirmed on the page we fetched, so we have linked the site directly rather than guessing handles.