SemiLiquid raises $4 million seed round led by Ethereal Ventures
SemiLiquid raised $4 million in a seed round led by Ethereal Ventures, with four other named investors participating.
SemiLiquidTL;DR:
- SemiLiquid raised $4 million in a seed round led by Ethereal Ventures.
- Atka, Veris Digital, First Commit Capital, and ALPS Capital were the four other backers.
- The five named investors are a concrete signal of appetite for seed-stage Web3 financing.
- The round is project-level funding; valuation and use of funds were not disclosed.
SemiLiquid announced a $4 million seed round on Nov. 5, 2026, led by Ethereal Ventures. Atka, Veris Digital, First Commit Capital and ALPS Capital participated. The announcement names one lead investor and four others. The round sits in Web3's early-stage fundraising segment.
The round has five named investors. The announcement lists Veris Digital alongside its former name, Veris Ventures. It treats those as one participant, not two separate backers.
Ethereal Ventures leads SemiLiquid's $4 million seed round
The announced amount is the total for the round. Ethereal Ventures is the lead investor; the other four firms are listed as participants. The round was announced Nov. 5, 2026.
| Funding fact | Announced detail |
|---|---|
| Project | SemiLiquid |
| Sector / category | Web3; specific category undisclosed |
| Round stage | Seed |
| Amount raised | $4 million |
| Valuation | Undisclosed |
| Announcement date | Nov. 5, 2026 |
| Lead investor | Ethereal Ventures |
| Other investors | Atka; Veris Digital, formerly Veris Ventures; First Commit Capital; ALPS Capital |
| Use of funds | Undisclosed |
Ethereal Ventures leads a group of four additional named firms. The announcement distinguishes the lead from the participants; each other investor is identified as a backer of the same round.
The participating firms are:
- Atka, one of four investors joining lead investor Ethereal Ventures in SemiLiquid's seed round.
- Veris Digital, identified in the announcement with the former name Veris Ventures.
- First Commit Capital, a participating investor in the $4 million financing.
- ALPS Capital, also named as a participant alongside the lead and the other three firms.
Together, those participants and Ethereal Ventures make up the investor roster. The $4 million is the size of SemiLiquid's financing; the lead designation applies to Ethereal Ventures. The size of the raise and the roles of the named backers are separate facts.
Five named backers point to seed-stage funding
The clearest signal is that five named investors backed a seed round. The announcement gives a specific example of seed-stage investor participation: a named project, a stated amount and a date.
The disclosure is dated Nov. 5, 2026, and the seed label places the investment at the seed stage. The immediate fact is the financing itself: $4 million raised, with Ethereal Ventures leading and four other firms participating.
The evidence is project-level. SemiLiquid is the recipient, and the five named firms are the backers. The announcement records both the amount and the investor group.
Verdict: SemiLiquid's round shows investor appetite for this seed-stage Web3 financing.
Surf provides information only and does not constitute investment advice. All investment decisions are made at your own risk. Please conduct your own research (DYOR).