Fulgur Ventures

Fulgur Ventures is a specialized early-stage venture capital firm based in Wilmington, Delaware, with a distinct focus on the burgeoning Bitcoin and Lightning Network ecosystem. Established to support foundational innovation within the decentralized finance and internet infrastructure built atop Bitcoin, the firm positions itself as a key enabler for startups leveraging these technologies. Their investment thesis is deeply rooted in the belief that Bitcoin will form the bedrock of the future global financial system and internet, making them a highly targeted capital provider for founders operating in this specific niche.

The firm primarily targets pre-seed and seed-stage companies, aiming to be among the first institutional investors in promising ventures. Fulgur Ventures seeks out teams that are not only technically proficient but also deeply aligned with the ethos and long-term vision of Bitcoin. Beyond capital, they offer strategic guidance, industry connections, and a deep understanding of the unique challenges and opportunities within the Bitcoin space, helping their portfolio companies navigate regulatory landscapes and technical hurdles. Their commitment extends to fostering a robust ecosystem around Bitcoin and Lightning.

Fulgur Ventures typically deploys initial checks ranging from $100,000 to $500,000, providing crucial early-stage funding to help startups achieve key milestones. This focused approach allows them to support a significant number of nascent projects. As of early 2024, their portfolio boasts investments in over 20 companies, including notable names such as Fedi, Synonym, Mash, and Voltage, all contributing to various facets of the Bitcoin and Lightning Network infrastructure and application layers. Their portfolio demonstrates a breadth of investments from developer tools and infrastructure to consumer applications and financial services built on Bitcoin.