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The Venture Codex

L1 Digital

Limmatquai 1, Zurich, ZH, 8001, Switzerland

Overview

Investment firm providing access to blockchain and crypto funds.

Founded

2018

Deals · 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Canada
France
Germany
India
...

Sector focus

Blockchain

Investment portfolio

17rounds
NAMEDATESIZE
Exponent
Apr 2026Participated
$5 MSeed
Squads
Apr 2026Participated
$18 MOther Equity
Oh
Apr 2026Participated
$8 MSeries A
Printr
Oct 2025Participated
$2 MSeed
XP
May 2025Participated
$6 MOther Equity
Perpl
May 2025Participated
$9 MOther Equity
Morpho Labs
Aug 2024Participated
$50 MOther Equity
BYSTAMP
Aug 2024Participated
$50 MOther Equity
Squads
Jun 2024Participated
$10 MSeries A
NodeOps
May 2024Led
$5 MSeed
LI.FI
Mar 2023Participated
$18 MSeries A
VitaDAO
Feb 2023Participated
$4 MOther Equity
Exponent
Apr 2026Participated
$5 MSeed
Squads
Apr 2026Participated
$18 MOther Equity
Oh
Apr 2026Participated
$8 MSeries A
Printr
Oct 2025Participated
$2 MSeed
XP
May 2025Participated
$6 MOther Equity
Perpl
May 2025Participated
$9 MOther Equity
Morpho Labs
Aug 2024Participated
$50 MOther Equity
BYSTAMP
Aug 2024Participated
$50 MOther Equity
Squads
Jun 2024Participated
$10 MSeries A
NodeOps
May 2024Led
$5 MSeed
LI.FI
Mar 2023Participated
$18 MSeries A
VitaDAO
Feb 2023Participated
$4 MOther Equity
17
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

L1 Digital: 17 funding rounds are recorded in the selected participation categories.All available history.
L1 Digital: 17 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed12
Series A04
Series B01
Other Equity09

Monthly Deal Activity

L1 Digital: 17 deals are recorded across 75 months.All available history.
L1 Digital: 17 deals are recorded across 75 months. All available history
MonthDeals
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '211
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '231
Mar '231
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '241
Jul '240
Aug '242
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '252
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '263
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

L1 Digital: Crypto & Blockchain is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

L1 Digital: Crypto & Blockchain is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Crypto & Blockchain13
Fintech6
E-Commerce & Retail3
Developer Tools2
Enterprise Software2
AI & Machine Learning2
Social & Community Platforms1
Networks, Cloud & Communication1
Hardware & Robotics1
Health & Life Sciences1
Data, Analytics & IT1

Deal Size Distribution

L1 Digital: 17 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

L1 Digital: 17 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M5
$10M-$25M4
$25M-$50M1
$50M-$100M3
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

L1 Digital: Europe has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

L1 Digital: Europe has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
Europe8
United States3
Canada2
Philippines2
Singapore1
India1
L1 Digital: 20 co-investors are shown, with Coinbase Ventures sharing 6 recorded deals.All available history.

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.

L1 Digital: 20 co-investors are shown, with Coinbase Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Coinbase Ventures6
RockawayX5
Mirana Ventures4
Pantera Capital4
Andreessen Horowitz3
BlockTower Capital3
North Island Ventures3
Robot Ventures3
Blockchain.com Ventures2
Blockchange Ventures2
Brevan Howard2
Cherry Ventures2
Circle2
Electric Capital2
Fenbushi Capital2
Hack VC2
IOSG Ventures2
Kraken Ventures2
LeadBlock Partners2
Placeholder2

Investment Strategy

L1 Digital: Led accounts for 6% and participating for 94% of round participation.All available history.
L1 Digital: Led accounts for 6% and participating for 94% of round participation. All available history
CategoryDeals (count)Share (%)
Led16%
Participating1694%
L1 Digital: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
L1 Digital: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Daniel Fischmann

Investment Partner

Julien Godat

Head of Business Development

Louis Thomazeau

Investment Partner

Neil Schwam

Head of Operations

Nina Müller

Business Development

Ray Hindi

Managing Partner

Sebastien Genoud

Capital Formation

Tejaswi Nadahalli

Research Partner