Web3
5 funds
Bitkraft Venture Fund 3 (BVF3)
The Bitkraft Venture Fund 3 is a $275 million fund dedicated to early-stage investments in gaming and interactive media companies. It focuses on supporting studios, platforms, and technology globally within the gaming and interactive media sector, specifically targeting Seed and Series A stages. Bitkraft Ventures embraces the concept of synthetic reality and believes in the transformative potential of digital experiences. It views game companies as pivotal players in driving the evolution of digital entertainment and has a global presence in key markets across Asia, Africa, Europe, and North America. Bitkraft Ventures has strategically invested across various stages in globally recognized companies, including Frost Giant, Anzu, Carry1st, InWorld, Voicemod, Immutable, and Karate Combat. The fund's performance has been notably strong, ranking in the top 5% for its inaugural Web 3 fund and securing a position in the top 8% of all funds based on Internal Rate of Return (IRR).
Draper B1 Frontier Tech
Draper B1 Frontier Tech is a venture capital fund focused on high-impact technologies that are reshaping the future, including artificial intelligence, spacetech, and cybersecurity. The fund has raised over 20 million euros, aiming to bridge the gap between Europe and the United States and boost the international expansion of tech companies. Tim Draper, a renowned seed investor, supports this fund, highlighting its strategic importance in the venture capital landscape.The fund has already made initial investments in nine disruptive startups, such as Sycai Medical and Collimate Space. These investments emphasize the fund's strategic orientation towards deep tech with high disruption potential. Draper B1 leverages its extensive experience and the Draper Venture Network to provide startups with necessary tools and networks for scaling globally.
First Round Capital X
First Round Capital X is the tenth flagship venture fund of First Round, focused on early-stage technology, AI, fintech, consumer, web3, and adjacent sectors. It aims to back visionary founding teams with differentiated insight into market opportunities. The fund’s strategy is hands-on: investing at seed and Series A stages, embedding operational support, recruiting, product & go-to-market growth, and leveraging First Round’s network and resources to accelerate scaling. The target fund size is USD 500 million, reflecting significant ambition and fundraising momentum. First Round X builds on the firm’s deep prior experience and brand to source high-potential deals and back breakout outcomes. While the primary focus is U.S.-based startups, the fund remains open to globally distributed or cross-border teams that align with its sector themes and market potential. The objective is differentiated returns via early-stage exposure backed by strong support and conviction.
Mayfield Select III
Mayfield Select III, also known as Mayfield Spring, is a $375 million venture capital fund launched by Mayfield in May 2023. This fund is designed to invest in Series B rounds, focusing on both follow-on investments in breakout companies from Mayfield's existing portfolio and new opportunities outside of it. The fund aims to support companies that have demonstrated early product-market fit and are poised for significant growth. The fund targets sectors at the intersection of technology and biology, including human-centered AI, the data economy, developer-first technologies, semiconductors, cybersecurity, deeptech, Web3, and human and planetary health. Mayfield's investment philosophy emphasizes a people-first approach, partnering closely with founders to build enduring companies. With Mayfield Select III, the firm continues its tradition of backing visionary entrepreneurs during pivotal growth stages, providing not just capital but also strategic guidance and support. The fund reflects Mayfield's commitment to fostering innovation and addressing some of the most pressing challenges and opportunities in today's rapidly evolving technological landscape.
Tritemius Fund I FCRE
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.