Backing exceptional founders building the next era of the internet.
Overview
Eterna Capital is a thesis-driven venture fund founded in 2018, investing at the frontier of internet infrastructure: decentralised protocols, programmable value layers and AI-native infrastructure. It backs technical founders from inception through scale.
The opportunity
Access to a thesis-driven venture fund at the frontier of internet infrastructure, backing technical founders from inception through scale, usually closed to outside Investors and well above most individual ticket sizes.
What Pipelime did
We set up an SPV, aggregated demand across our network and took a $10M commitment, opening the fund to Qualified Investors from €100k.
Outcome
The allocation closed successfully, with KYC and reporting handled end to end.
Book a Custom Demo.
Get in touch or talk with our team. We'll walk you through a personalised tour of Pipelime and show how you can put it to work in your investment process.
Pipelime Newsletter
Get curated market insights delivered every other Monday.
Pipelime does not make investment recommendations and nothing on this platform should be construed as a recommendation to buy or sell any security. All opportunities are made available exclusively to verified Professional Investors within the meaning of Directive 2014/65/EU (MiFID II) as implemented in Luxembourg.
Alternative investments in pre-IPO securities, private placements and private equity are speculative and involve a high degree of risk. Investors who cannot afford to lose their entire investment should not invest. The value of an investment may go down as well as up. Past performance is not a guide to future performance. Investments are highly illiquid and investors should be prepared to hold for a minimum of 5–10 years. An investment in a fund or vehicle is not the same as a bank deposit.
All information on this platform is strictly confidential and for the exclusive use of the registered investor. Do not distribute or reproduce.
© 2026 Pipelime SA, a joint venture of Run Capital Partners LTD (Co. 14161466). All rights reserved.