
Lattice Fund
Description
Lattice Fund is a San Francisco-based early-stage venture capital firm with a dedicated focus on the burgeoning Web3 and cryptocurrency ecosystem. Established to support founders in building robust, defensible moats within the decentralized landscape, the firm primarily targets innovative projects that demonstrate long-term potential and strategic market positioning. Their investment philosophy centers on identifying foundational technologies and applications that can significantly shape the future of the internet.
The firm actively participates in seed and Series A funding rounds, providing crucial capital to nascent companies. Lattice Fund typically deploys initial checks ranging from $500,000 to $5,000,000, reflecting their commitment to both very early-stage concepts and more developed startups seeking significant growth capital. This range allows them to be flexible across various early-stage opportunities. In late 2021, Lattice Fund successfully raised a $60 million fund, underscoring their capacity to make meaningful investments and provide ongoing support to their portfolio companies.
Lattice Fund's portfolio showcases a strategic emphasis on core infrastructure and high-impact applications within the Web3 space. Notable investments include prominent projects such as Celestia, a modular blockchain network, and Mysten Labs, the developer behind the Sui blockchain. They also backed Espresso Systems, focusing on scaling solutions, and Aptos, another layer-1 blockchain. Beyond capital, Lattice Fund aims to be a hands-on partner, leveraging their deep industry expertise and network to assist founders with strategic guidance, talent acquisition, and market development, thereby helping their portfolio companies navigate the complexities of the crypto market and achieve sustainable growth.
Investor Profile
Lattice Fund has backed more than 33 startups, with 18 new investments in the last 12 months alone. The firm has led 11 rounds, about 33% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Blockchain, Cryptocurrency, Web3.
- Led 7 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (55%)
- Pre Seed (27%)
- Series A (15%)
- Series Unknown (3%)
Country Focus
- United States (58%)
- Canada (3%)
Industry Focus
- Blockchain
- Cryptocurrency
- Web3
- Information Technology
- Software
- Financial Services
- Decentralized Finance (Defi)
- Software Engineering
- Energy
- Ethereum
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.