Key Takeaways
- • Zurab Kazhiloti founded Bitscale Capital in 2017–2018 as a blockchain-focused venture capital firm headquartered in Switzerland, positioning himself as an early Bitcoin adopter (purchasing BTC in 2013) and active investor in Web3 and cryptocurrency sectors.
- • Bitscale Capital targets Series B Web3/blockchain investments with check sizes typically ranging from $100K to $5.0M, with Kazhiloti personally writing checks around $250K across fintech, payments, SaaS, and crypto verticals.
- • Kazhiloti has invested in notable crypto ecosystem projects including CyberBrokers (art NFTs) and participated in angel funding rounds for AI reputation protocols within the CryptoRank ecosystem, demonstrating active deal flow in both DeFi infrastructure and emerging blockchain applications.
- • Bitscale Capital maintains 13 tracked investments and operates as a syndicated funding vehicle, with co-founder Stefano Schiavi alongside Kazhiloti, covering the full spectrum of blockchain technology investment opportunities.
Summary
Zurab Kazhiloti is a venture capital investor and entrepreneur with deep roots in the cryptocurrency and blockchain space. He founded Bitscale Capital in 2017–2018 as a dedicated venture fund focused on blockchain technology investments, with headquarters established in Switzerland. Kazhiloti's entry into crypto came early—he purchased his first Bitcoin in 2013, positioning him among the sector's early adopters with institutional-level conviction in the asset class and underlying technology.
Bitscale Capital operates within the Web3 and cryptocurrency investment landscape, primarily targeting Series B-stage companies with investment tickets ranging from $100,000 to $5.0 million. Kazhiloti personally deploys capital at approximately $250,000 per investment, focusing on fintech, payments, SaaS, enterprise solutions, and crypto-native projects. The fund has developed a portfolio of 13 tracked investments, reflecting active deal sourcing and syndication activity across blockchain verticals. Co-founded alongside Stefano Schiavi, the firm has maintained consistent visibility in the private crypto fundraising market.
Recent investment activity includes participation in angel rounds supporting artificial intelligence infrastructure within the crypto ecosystem, such as the AI reputation protocol REP backed by the CryptoRank ecosystem. Kazhiloti has also demonstrated a collector's interest in blockchain-based digital assets, including NFT projects like CyberBrokers, reflecting both investor conviction and engagement with emerging use cases beyond pure infrastructure plays. His background at the Higher School of Economics and residence in Israel (Bat Yam) provide educational foundation and geographic diversification typical of internationally-oriented venture investors in the crypto sector.
Bitscale Capital operates within the Web3 and cryptocurrency investment landscape, primarily targeting Series B-stage companies with investment tickets ranging from $100,000 to $5.0 million. Kazhiloti personally deploys capital at approximately $250,000 per investment, focusing on fintech, payments, SaaS, enterprise solutions, and crypto-native projects. The fund has developed a portfolio of 13 tracked investments, reflecting active deal sourcing and syndication activity across blockchain verticals. Co-founded alongside Stefano Schiavi, the firm has maintained consistent visibility in the private crypto fundraising market.
Recent investment activity includes participation in angel rounds supporting artificial intelligence infrastructure within the crypto ecosystem, such as the AI reputation protocol REP backed by the CryptoRank ecosystem. Kazhiloti has also demonstrated a collector's interest in blockchain-based digital assets, including NFT projects like CyberBrokers, reflecting both investor conviction and engagement with emerging use cases beyond pure infrastructure plays. His background at the Higher School of Economics and residence in Israel (Bat Yam) provide educational foundation and geographic diversification typical of internationally-oriented venture investors in the crypto sector.
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