Orbs is an Israeli blockchain infrastructure company founded in 2017 and headquartered in Tel Aviv. It operates a public, permissionless Layer 3 network built on top of established Layer 1 and Layer 2 chains, with a stated goal of extending smart contract capabilities for decentralized applications. The company raised approximately $120 million in a 2018 token sale, one of the larger raises by an Israeli blockchain project at that time, and has sustained operations through treasury and ecosystem fund activity since.
Orbs occupies an unusual dual role in the crypto landscape: it is simultaneously a blockchain protocol project and a corporate entity that makes strategic investments in adjacent ecosystem projects. With seven portfolio companies and one lead investment on record, Orbs does not operate as a traditional venture capital fund. Its investment activity appears driven by protocol adoption goals – backing projects that could integrate with or build on the Orbs network infrastructure.
Notable investments
Public information about Orbs' specific portfolio companies is limited. The company has not published a formal investment portfolio page, and individual deal disclosures are sparse in public filings and press coverage. What is documented is that Orbs has participated in deals aligned with DeFi, cross-chain liquidity, and decentralized governance infrastructure – areas where its own Layer 3 technology, including products like TON Access, dTWAP, and Liquidity Hub, is positioned as middleware.
Team
Orbs was co-founded by Tal Kol, Uriel Peled, Daniel Peled, and Netta Korin. Tal Kol and Uriel Peled bring engineering backgrounds from large-scale Israeli tech companies. Netta Korin, a co-founder and board member, has a background in government and NGO work and founded the Hexa Foundation, a blockchain-for-social-impact initiative linked to Orbs. Daniel Peled has served in a business development capacity. The broader team is based primarily in Israel.
Recent activity
Between 2023 and 2025, Orbs shifted its technical narrative toward Layer 3 infrastructure for DeFi, partnering with protocols including QuickSwap, SpiritSwap, and Chronos to deploy its Liquidity Hub and dTWAP order-book products. The company also expanded its presence on the TON blockchain through TON Access, an open RPC infrastructure layer. These moves indicate a pivot away from running its own standalone L1 toward becoming middleware embedded in existing DeFi stacks.
As a corporate investor, Orbs' activity remains modest in scale relative to dedicated crypto funds. Its investment thesis appears tightly coupled to its own technology roadmap rather than broad portfolio diversification. For a more complete picture of its investment activity, Crunchbase lists partial deal data, though coverage is incomplete. Researchers and counterparties seeking full portfolio details should contact Orbs directly through official channels.