
Lemniscap
Description
Lemniscap is a George Town, Cayman Islands-based investment firm specializing in emerging cryptoassets and blockchain companies. Established in 2017, it has positioned itself as a key early-stage investor in the rapidly evolving Web3 ecosystem, focusing on foundational infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), and other innovative blockchain applications. The firm's strategic location and deep expertise allow it to navigate the complexities of global crypto markets.
The firm employs a highly research-driven approach, often engaging in deep technical due diligence to identify projects with strong fundamentals and long-term potential. Lemniscap is known for its hands-on support, providing strategic guidance, technical expertise, and network access to its portfolio companies. This active involvement helps founders navigate the complexities of the blockchain space and accelerate their development, fostering a collaborative environment for innovation.
Lemniscap has demonstrated a consistent commitment to the crypto space through multiple investment vehicles. In 2022, the firm announced the close of its second fund, Lemniscap Fund II, with a target of $50 million, further solidifying its capacity to back promising ventures. Its extensive portfolio includes investments in over 50 companies, featuring prominent projects such as dYdX, Synthetix, and Immutable, showcasing its ability to identify and support impactful protocols and platforms across various blockchain verticals.
With a global outlook and a deep understanding of the intricacies of decentralized technologies, Lemniscap continues to be a significant player in the venture capital landscape for crypto. Its strategic investments aim to foster innovation and contribute to the broader adoption and maturation of the blockchain industry, reflecting a long-term vision for the decentralized future.
Investor Profile
Lemniscap has backed more than 111 startups, with 9 new investments in the last 12 months alone. The firm has led 45 rounds, about 41% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Blockchain, Cryptocurrency, Software.
- Led 9 rounds in the past year.
- Typical check size: $500K – $2M.
Stage Focus
- Seed (61%)
- Series A (15%)
- Pre Seed (13%)
- Initial Coin Offering (3%)
- Series B (3%)
- Series Unknown (3%)
- Angel (1%)
- Private Equity (1%)
- Series C (1%)
Country Focus
- United States (42%)
- Canada (8%)
- United Kingdom (6%)
- Singapore (4%)
- France (4%)
- Israel (4%)
- Switzerland (4%)
- Cayman Islands (3%)
- Hong Kong (3%)
- Ukraine (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Software
- Financial Services
- Web3
- Fintech
- Information Technology
- Decentralized Finance (Defi)
- Finance
- Internet
Frequently Asked Questions
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