Blockchain

Backed 3 is the third investment vehicle of Backed VC, closing at approximately $100 million. The fund marks a milestone as Backed VC makes its 100th investment into European deep‑tech and frontier technology companies.The strategy is to back ambitious, early‑stage founders building globally significant companies in three core verticals: AI‑native therapeutics; blockchain and banking infrastructure; and industrial/manufacturing automation. Ticket sizes are set at $500,000 to $5 million, targeting pre‑seed and seed rounds, and the firm is increasing its presence in the U.S. to source transatlantic founders and support follow‑on capital.Limited partners comprise a mix of institutional allocators (including fund‑of‑funds) and over 50 family offices and founder‑LPs, with nearly half the fund coming from institutions. Through its community‑driven model, Backed VC aims to leverage its network of events and founder‑LP recycling to accelerate deal flow, syndication and talent mobility between Europe and the U.S.By focusing on frontier technology sectors and providing long‑horizon capital to founders with global ambition, Backed 3 positions itself to help unlock Europe’s next generation of platform companies — building with a mindset to compete at the highest level rather than settling for convenience plays.

Tritemius Fund I, FCRE is the first European venture capital fund regulated in Spain with a specialized focus on Web3 and blockchain technologies. Launched in October 2023, the fund is managed by Abante Asesores and advised by Madrid-based Tritemius Capital, a firm dedicated to decentralized technologies. The fund opened with €21 million in commitments and targets early-stage startups—specifically from pre-seed to pre-Series A stages—that are building innovative Web3 solutions. Its investment thesis is centered on high-growth sectors including decentralized finance (DeFi), blockchain infrastructure, digital identity, gaming, and asset tokenization. The fund plans to make initial investments averaging €500,000 per company, with follow-on investments of up to €3 million for startups that demonstrate strong traction and scalability. It aims to build a diversified portfolio of 30 to 40 companies, providing not only capital but also strategic advisory and access to a global network. Tritemius Fund I seeks to serve as a bridge between Europe and Latin America, two regions where Web3 adoption is accelerating rapidly. The fund stands out for its regulated structure and commitment to comprehensive entrepreneurial support, offering mentoring and resources to accelerate the growth of its portfolio companies.