Dark Horse
Dark Horse Venture Partners

Capital, before the consensus.

A venture firm backing the architects of the onchain financial system — early, selectively, with conviction.
Est. MMXIX
Private & Confidential
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I

Thesis.

The proliferation of DeFi primitives — including stablecoins, tokenized real-world assets, and on‑chain financial infrastructure — is the most important experiment in democratizing capital access and expanding financial empowerment in the modern era.

In parallel, these primitives are becoming the upgrade layer for institutional finance — shrinking settlement time, cutting counterparty and reconciliation friction, and automating compliance, governance, and custody to make global markets faster, safer, and cheaper to run.

We aim to back the category‑defining winners building the rails of on‑chain finance: stablecoins, payments, institutional‑grade RWA tokenization, and the compliance and custody layer that makes it deployable at scale.

We back the dark horses before they’ve made their mark.

Join us.

Yorick Evans-Freke, Founder & Managing Partner
II

Selected partners.

We back founders building the infrastructure of onchain finance — regulated stablecoins, tokenised markets, and the settlement and custody primitives that make institutional capital deployable at scale.

01
Agant
An FCA-regulated institutional sterling settlement asset — positioning the pound as a core rail of onchain finance.
Regulated Stablecoin
02
BIMA
An institutional-scale Bitcoin-backed dollar, unlocking productive liquidity against the largest digital balance sheet in the world.
BTC Liquidity
03
Sees
Blockchain-native silicon — making data from autonomous machines verifiable at source and unreadable to adversaries.
Verifiable Hardware
04
Tokinvest
The first VARA-licensed multi-asset issuance platform — bringing private markets onchain as regulated, fractional, globally tradeable products.
RWA Issuance
III

The people behind the firm.

01
Yorick Evans-Freke
Founder & Managing Partner
New York  ·  Montana
02
Penelope Johnson
Partner
Montana
03
Paul Taylor
Executive Venture Partner
Philadelphia
04
Kariem Sobh
Executive Venture Partner
EMEA  ·  APAC
05
Bastian Koh
Venture Partner
New York
06
August Waldburg
Senior Associate
Munich
IV

Build with our portfolio.

Open roles at companies in the Dark Horse portfolio. We share these opportunities because the people who join our founders shape the firms we back.

Interested parties may apply directly. We do not act as a recruiter; introductions are made founder-to-candidate.

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