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The Venture Codex

Lightshift

Lisbon, Lisboa, Portugal

Overview

Early-stage investor in blockchain, crypto, and web3 projects.

Founded

2021

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
Israel
United States

Sector focus

Bitcoin
Blockchain
Venture Capital
Web3

Investment portfolio

8rounds
NAMEDATESIZE
Arda
Mar 2025Led
$3 MSeed
Akave
Nov 2024Led
$3 MSeed
Holonym
Aug 2024Participated
$6 MSeed
Blueprint Finance
Feb 2024Participated
$8 MOther Equity
Union Labs
Nov 2023Participated
$4 MSeed
D3
Sep 2023Participated
$5 MSeed
Portals
May 2023Led
$2 MSeed
dWallet Labs
Aug 2022Participated
$5 MSeed
Arda
Mar 2025Led
$3 MSeed
Akave
Nov 2024Led
$3 MSeed
Holonym
Aug 2024Participated
$6 MSeed
Blueprint Finance
Feb 2024Participated
$8 MOther Equity
Union Labs
Nov 2023Participated
$4 MSeed
D3
Sep 2023Participated
$5 MSeed
Portals
May 2023Led
$2 MSeed
dWallet Labs
Aug 2022Participated
$5 MSeed
8
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Lightshift: 8 funding rounds are recorded in the selected participation categories.All available history.
Lightshift: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed34
Other Equity01

Monthly Deal Activity

Lightshift: 8 deals are recorded across 51 months.All available history.
Lightshift: 8 deals are recorded across 51 months. All available history
MonthDeals
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '231
Oct '230
Nov '231
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '241
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Lightshift: Crypto & Blockchain is the largest displayed sector by deal count (6 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.

Lightshift: Crypto & Blockchain is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Crypto & Blockchain6
Networks, Cloud & Communication3
Fintech2
Cybersecurity & Privacy2
Enterprise Software1
Real Estate & Construction1

Deal Size Distribution

Lightshift: 8 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.

Lightshift: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M4
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Lightshift: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Lightshift: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Israel1
Canada1
Lightshift: 20 co-investors are shown, with Dispersion Capital sharing 2 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.

Lightshift: 20 co-investors are shown, with Dispersion Capital sharing 2 recorded deals. All available history
Co-investorShared deals
Dispersion Capital2
Zero Knowledge Ventures2
Amplify Partners1
Arrington Capital1
Avalanche Foundation1
Awesome People Ventures1
Basement Labs1
Blockchain Builders Fund1
Blockchange Ventures1
C2 Ventures1
Cerulean Ventures1
Chorus One1
Collider Ventures1
Daedalus Angels1
Digital Currency Group1
Draper Dragon1
Finality Capital1
Galileo1
Hashed1
Heroic Ventures1

Investment Strategy

Lightshift: Led accounts for 38% and participating for 63% of round participation.All available history.
Lightshift: Led accounts for 38% and participating for 63% of round participation. All available history
CategoryDeals (count)Share (%)
Led338%
Participating563%
Lightshift: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Lightshift: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Simão Cruz

Managing partner