Wintermute Ventures

Overview

Strategic early-stage venture capital investment arm focused on crypto and Web3 startups across the entire digital asset value chain. Since 2020, Wintermute Ventures has backed over 100 companies and protocols, with most investments focusing on pre-seed to Series A stages.

Investment Approach

Unlike traditional VCs, Wintermute Ventures exclusively invests its own funds, ensuring full alignment with founders and a focus on long-term growth. The investment thesis targets category-defining startups with bold visions to redefine sectors including:

• DeFi applications
• Data and analytics platforms
• Institutional infrastructure
• Trading platforms
• Blockchain protocols
• Stablecoins and RWAs
• Payments solutions

Investment Structures

Flexible investment options including:

• Equity: SAFEs, direct subscriptions
• Tokens: SAFTs, Token Warrants, Token Purchase Agreements
• Hybrid: Combined equity and token arrangements

Value-Add Services

Beyond capital, Wintermute Ventures provides extensive portfolio support:

• Co-building: Collaboration with in-house DeFi and research teams
• Governance: Assistance with DAO proposals and governance frameworks
• Liquidity: Token market making across CEX and DEX venues
• Mentorship: Guidance from veteran crypto founders
• Network Access: Connections to hundreds of protocols and thousands of institutional investors
• Treasury Management: OTC treasury solutions
• Founder Resources: Dedicated Portfolio Support Page with exclusive resources

Team Expertise

The ventures team includes experienced professionals from leading traditional finance and crypto organizations including Permira, Terra Firma, JP Morgan, GIC, and major blockchain projects.