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Wintermute Ventures

41 Lothbury, London, EC2R 7HF, United Kingdom

Overview

Investment arm supporting early-stage Web3 projects in digital assets.

Founded

2020

Deals · 12mo

9

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

France
Switzerland
United Kingdom
United States

Sector focus

—

Investment portfolio

25rounds
NAMEDATESIZE
Spiko
Oct 2026Participated
$90 MSeries B
OpenReserve
Sep 2026Participated
$25 MSeed
Velocity
Jul 2026Participated
$38 MSeries A
Morpho Labs
Jun 2026Participated
$175 MOther Equity
UnblockPay
Mar 2026Participated
$5 MSeed
Crossover Markets Group
Mar 2026Participated
$31 MSeries B
Based
Feb 2026Participated
$12 MSeries A
Bulk Trade
Jan 2026Participated
$8 MSeed
Tenbin
Jan 2026Participated
$7 MSeed
Silicon Data
May 2025Participated
$5 MSeed
Lens Protocol
Dec 2024Participated
$31 MOther Equity
Hyperbolic
Dec 2024Participated
$12 MSeries A
Spiko
Oct 2026Participated
$90 MSeries B
OpenReserve
Sep 2026Participated
$25 MSeed
Velocity
Jul 2026Participated
$38 MSeries A
Morpho Labs
Jun 2026Participated
$175 MOther Equity
UnblockPay
Mar 2026Participated
$5 MSeed
Crossover Markets Group
Mar 2026Participated
$31 MSeries B
Based
Feb 2026Participated
$12 MSeries A
Bulk Trade
Jan 2026Participated
$8 MSeed
Tenbin
Jan 2026Participated
$7 MSeed
Silicon Data
May 2025Participated
$5 MSeed
Lens Protocol
Dec 2024Participated
$31 MOther Equity
Hyperbolic
Dec 2024Participated
$12 MSeries A
25
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Insights

Time horizon

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Deal Distribution

Wintermute Ventures: 25 funding rounds are recorded in the selected participation categories.All available history.
Wintermute Ventures: 25 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed18
Series A08
Series B12
Other Equity05

Monthly Deal Activity

Wintermute Ventures: 25 deals are recorded across 49 months.All available history.
Wintermute Ventures: 25 deals are recorded across 49 months. All available history
MonthDeals
Oct '221
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '231
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '242
Feb '240
Mar '241
Apr '242
May '241
Jun '241
Jul '240
Aug '242
Sep '240
Oct '240
Nov '240
Dec '242
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '262
Feb '261
Mar '262
Apr '260
May '260
Jun '261
Jul '261
Aug '260
Sep '261
Oct '261

Sector Breakdown

Wintermute Ventures: Crypto & Blockchain is the largest displayed sector by deal count (16 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.

Wintermute Ventures: Crypto & Blockchain is the largest displayed sector by deal count (16 deals). All available history
SectorDeals
Crypto & Blockchain16
Fintech15
Enterprise Software4
Networks, Cloud & Communication4
E-Commerce & Retail2
Hardware & Robotics2
Professional Services2
Education & Workforce1
Clean Energy & Sustainability1
Data, Analytics & IT1
Transportation & Logistics1
Marketing & Advertising1
AI & Machine Learning1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

Wintermute Ventures: 25 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.

Wintermute Ventures: 25 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M4
$10M-$25M8
$25M-$50M6
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Wintermute Ventures: United States has the largest recorded deal count among the displayed regions (12 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Wintermute Ventures: United States has the largest recorded deal count among the displayed regions (12 deals). All available history
RegionDeals
United States12
Europe10
Brazil1
Cayman Islands1
Nicaragua1
Wintermute Ventures: 20 co-investors are shown, with Coinbase Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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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.

Wintermute Ventures: 20 co-investors are shown, with Coinbase Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Coinbase Ventures6
Dragonfly4
Lightspeed Faction4
Mirana Ventures4
Circle Ventures3
Galaxy Ventures3
GSR3
IOSG Ventures3
Variant3
6th Man Ventures2
Andreessen Horowitz2
Bankless Ventures2
Bpifrance2
ConsenSys2
Cumberland2
DRW Venture Capital2
Flow Traders2
Foresight Ventures2
General Catalyst2
Hack VC2

Investment Strategy

Wintermute Ventures: Led accounts for 8% and participating for 92% of round participation.All available history.
Wintermute Ventures: Led accounts for 8% and participating for 92% of round participation. All available history
CategoryDeals (count)Share (%)
Led28%
Participating2392%
Wintermute Ventures: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Wintermute Ventures: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead150%
Co-led150%

Team

No team members found for this fund.