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Gemini Frontier Fund

North America, New York, United States, New York

Description

Gemini Frontier Fund is the strategic venture arm of Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss. Launched in late 2021, the fund was established with the explicit goal of fostering innovation and growth within the broader crypto ecosystem by investing in promising early-stage projects. Unlike traditional venture capital funds that raise capital from limited partners, Gemini Frontier Fund deploys capital directly from Gemini's balance sheet, underscoring its strategic alignment with the parent company's long-term vision for decentralized finance and web3 technologies. Its mandate is to identify and support founders building foundational infrastructure, innovative applications, and disruptive protocols that can contribute to the maturation and mainstream adoption of crypto.

The fund primarily targets seed and pre-seed stage companies, focusing on sectors critical to the evolution of the digital asset space. These areas include decentralized finance (DeFi), non-fungible tokens (NFTs), metaverse applications, blockchain gaming, decentralized autonomous organizations (DAOs), and core blockchain infrastructure. Gemini Frontier Fund typically writes initial checks ranging from $100,000 to $1 million, providing crucial early capital to nascent projects. Beyond financial investment, the fund offers portfolio companies strategic guidance, access to Gemini's extensive network of industry experts, and potential pathways for integration with Gemini's existing products and services, thereby accelerating their development and market reach.

By leveraging Gemini's deep expertise in crypto regulation, security, and market operations, Gemini Frontier Fund aims to be a value-add investor that helps navigate the complexities of the rapidly evolving digital asset landscape. Its investment strategy is designed to create a symbiotic relationship, where successful portfolio companies can enhance Gemini's ecosystem, and in turn, benefit from the exchange's robust platform and user base. This strategic approach positions Gemini Frontier Fund not just as a capital provider, but as a key enabler for the next generation of crypto innovation, reinforcing Gemini's commitment to building a more open and decentralized financial future.

Investor Profile

Gemini Frontier Fund has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Hong Kong.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Typical check size: $100K – $1M.

Stage Focus

  • Series A (35%)
  • Seed (35%)
  • Series B (17%)
  • Series Unknown (9%)
  • Initial Coin Offering (4%)

Country Focus

  • United States (65%)
  • Singapore (13%)
  • Hong Kong (4%)
  • Liberia (4%)
  • Saint Kitts and Nevis (4%)
  • United Kingdom (4%)
  • Canada (4%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Web3
  • Fintech
  • Apps
  • Information Technology
  • Software
  • Bitcoin
  • Video Games
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Gemini Frontier Fund frequently co-invest with?

Delphi Ventures
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 2
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 7
Jump Crypto
North America, Illinois, United States, Chicago
Co-Investments: 3
FV
North America, California, United States, Santa Barbara
Co-Investments: 3
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 3
Winklevoss Capital
North America, New York, United States, New York
Co-Investments: 4
Kingsway Capital
Europe, England, United Kingdom, London
Co-Investments: 3
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2
Castle Island Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 3
Alameda Research
Asia, Hong Kong Island, Hong Kong, Central and Western
Co-Investments: 5

Which angels does Gemini Frontier Fund often collaborate with?

RS
North America, California, United States, Los Angeles
Shared Deals: 1
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
GV
North America, New York, United States, New York
Shared Deals: 1
AL
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Shared Deals: 1
JY
North America, New York, United States, New York
Shared Deals: 1
SA
North America, Nevada, United States, Las Vegas
Shared Deals: 1
JD
North America, New York, United States, New York
Shared Deals: 1
GO
North America, California, United States, Los Angeles
Shared Deals: 1
SB
North America, California, United States, San Francisco
Shared Deals: 2
ML
North America, Washington, United States, Seattle
Shared Deals: 1

What are some of recent deals done by Gemini Frontier Fund?

LandVault

London, England, United Kingdom

LandVault is a programmatic monetization platform for in-game advertising.

AdvertisingInternetMarketingSocial Media AdvertisingVirtual Reality
Series BMar 23, 2023
Amount Raised: $3,000,000
Metalink

Los Angeles, California, United States

Metalink is a crypto-native chat app.

AppsBlockchainMessagingReal Time
SeedMar 15, 2023
Amount Raised: $6,000,000
Hume

Los Angeles, California, United States

Hume provides a web3 record label creating music-driven metastars.

Information TechnologyMusicWeb3
Series ASep 22, 2022
Amount Raised: $11,700,000
DoraHacks

San Francisco, California, United States

DoraHacks organizes hackathons and operates a multi-chain Web3 developer platform.

BlockchainCommunitiesEvent ManagementEventsWeb3
Series BAug 29, 2022
Amount Raised: $5,000,000
DoraHacks

San Francisco, California, United States

DoraHacks organizes hackathons and operates a multi-chain Web3 developer platform.

BlockchainCommunitiesEvent ManagementEventsWeb3
Series BMay 18, 2022
Amount Raised: $20,000,000
Lighthouse Labs

Montréal, Quebec, Canada

Lighthouse is an open metaverse navigation engine that enables the search for places, events and experiences within virtual worlds.

BlockchainMetaverse
SeedMay 11, 2022
Amount Raised: $7,002,192
Jambo

Congo Town, Grand Cape Mount, Liberia

Jambo focuses on empowering digital transformation through the promotion and adoption of Web3 technologies.

AppsBlockchainCryptocurrencyWeb3
Series AMay 10, 2022
Amount Raised: $30,000,000
Taki Games

Singapore, Central Region, Singapore

Taki Games is building the Web3 Zynga: A player-owned Web3 mobile gaming network offering a variety of engaging, free-to-play games

BlockchainGamingWeb3
SeedApr 7, 2022
Amount Raised: $3,450,000
Maverick Protocol

Singapore, Central Region, Singapore

The DeFi infrastructure built to facilitate the most liquid markets, powered by Maverick AMM.

BlockchainCryptocurrency
Series UnknownFeb 15, 2022
Amount Raised: $8,000,000
Salad Ventures

Singapore, Central Region, Singapore

Salad Ventures builds plug and play apps, games using blockchain.

AppsBlockchainOnline GamesSoftware
Initial Coin OfferingFeb 11, 2022
Amount Raised: $13,500,000