Overview

What they do
Founded in 2020 by Jamie Thomson, Vulcan Forged has evolved from a small NFT game studio into a comprehensive Web3 ecosystem. It operates Vulcan Studios, creator of popular titles like VulcanVerse, and the carbon-neutral Elysium Layer-1 blockchain. Beyond internal game development, Vulcan Forged acts as a strategic investor and incubator, deploying capital and resources to third-party developers building on Elysium. They are well-regarded for their robust community and proprietary token economy. In early 2024, they formalized their investment and incubation arm by launching the Elysium Accelerator Program and Elysium Launchpad.
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What they look for
Vulcan Forged aims to fuel the exponential growth of the Web3 ecosystem by supporting projects that build on their proprietary Elysium blockchain. Their thesis centers on accelerating the adoption of blockchain gaming, Metaverse, AI, SocialFi, and DeFi applications by providing financial backing and deep infrastructural support. They look for EVM-compatible projects with unique utility that can seamlessly integrate into the Elysium ecosystem, favoring high-quality Web3 games or decentralized applications that can utilize Vulcan's native tokens or launch their own via the Elysium Launchpad.
vulcanforged.com
Stage
Pre-seed, Seed
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Sectors
Fintech, Media, AI, Edtech
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Based
Athens, GR
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Sources

2026-09-02prnewswire.comVulcan Forged, ('the Company') a leading blockchain game studio and decentralized application…
2026-09-02docs.vulcanforged.comDesigned as an easy-to-play and easy-to-build ecosystem, Vulcan Forged is a community-based…
2026-09-02docs.vulcanforged.comThe team is mainly based in the head office in Athens Greece.

Portfolio, cheque size and the rest

The 6 companies they have backed that we can see, the cheque they write, and whether they are deploying right now.

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