Bitcoin Frontier Fund
Overview
Investing in teams developing innovative Bitcoin use cases.
Deals · 12mo
1
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
BitcoinOS | Oct 2025Participated | $10 MOther Equity | |
Maestro | Feb 2025Participated | $3 MSeed | |
Zest Protocol | May 2024Participated | $4 MSeed | |
Ord.io | Apr 2024Led | $2 MSeed | |
Build on Bitcoin | Mar 2024Participated | $10 MSeed | |
BitFlow Finance | Jan 2024Participated | $1 MSeed | |
Metagood | Dec 2023Participated | $5 MSeed | |
Liquidium | Dec 2023Participated | $1 MSeed | |
Taproot Wizards | Nov 2023Participated | $8 MSeed | |
Ryder | Oct 2023Participated | $1 MOther Equity | |
OrdinalsBot | Oct 2023Participated | $1 MSeed | |
Xverse | Aug 2023Participated | $5 MSeed | |
BitcoinOS | Oct 2025Participated | $10 MOther Equity | |
Maestro | Feb 2025Participated | $3 MSeed | |
Zest Protocol | May 2024Participated | $4 MSeed | |
Ord.io | Apr 2024Led | $2 MSeed | |
Build on Bitcoin | Mar 2024Participated | $10 MSeed | |
BitFlow Finance | Jan 2024Participated | $1 MSeed | |
Metagood | Dec 2023Participated | $5 MSeed | |
Liquidium | Dec 2023Participated | $1 MSeed | |
Taproot Wizards | Nov 2023Participated | $8 MSeed | |
Ryder | Oct 2023Participated | $1 MOther Equity | |
OrdinalsBot | Oct 2023Participated | $1 MSeed | |
Xverse | Aug 2023Participated | $5 MSeed |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 1 | 9 |
| Series A | 0 | 1 |
| Other Equity | 0 | 2 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Jul '23 | 1 |
| Aug '23 | 1 |
| Sep '23 | 0 |
| Oct '23 | 2 |
| Nov '23 | 1 |
| Dec '23 | 2 |
| Jan '24 | 1 |
| Feb '24 | 0 |
| Mar '24 | 1 |
| Apr '24 | 1 |
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 1 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 1 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Crypto & Blockchain | 11 |
| Fintech | 5 |
| Enterprise Software | 2 |
| Hardware & Robotics | 1 |
| Manufacturing | 1 |
| AI & Machine Learning | 1 |
| Data, Analytics & IT | 1 |
| Social & Community Platforms | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 7 |
| $5M-$10M | 4 |
| $10M-$25M | 2 |
| $25M-$50M | 0 |
| $50M-$100M | 0 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 5 of 5 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 8 |
| Cayman Islands | 2 |
| Hong Kong | 1 |
| Singapore | 1 |
| Seychelles | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| UTXO Management | 6 |
| Sora Ventures | 4 |
| Draper Associates | 3 |
| Newman Capital | 3 |
| Tykhe Block Ventures | 3 |
| ACTAI Ventures | 2 |
| Antalpha | 2 |
| Asymmetric | 2 |
| Daxos Capital | 2 |
| Miton C | 2 |
| Portal Ventures | 2 |
| Side Door Ventures | 2 |
| 2140 Bitcoin Ecosystem Fund | 1 |
| Alliance Venture | 1 |
| Angsana Investments | 1 |
| Arca | 1 |
| Bankless Ventures | 1 |
| Big Brain Holdings | 1 |
| Bitcoin Magazine | 1 |
| Bitcoin Startup Lab | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 1 | 8% |
| Participating | 12 | 92% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 1 | 100% |
Team
Partner & Chief of Staff