Faction is a blockchain-native venture capital firm backing disruptive crypto projects at the early stage, investing in the best entrepreneurs at Seed and Series A across both equity and tokens. It was launched as a joint venture with Lightspeed Venture Partners.
33% of their portfolio is in Defense & Space. Their most common stage is seed (56% of deals). Average disclosed round size is $16.1M (across 9 rounds with reported amounts).
Portfolio
7
Fund Size
$285M
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Diameter Pay | Series A | $10M | Jan 2026 |
 Inversion Labs | Seed | $26.5M | Sep 2025 |
| FFabric Protocol | Unknown | $20M | Jan 2025 |
| Inversion Labs | Seed | $26.5M | Jan 2025 |
 Gaib | Pre-Seed | $5M | Dec 2024 |
| Inversion Labs | Series A | $44M | Nov 2024 |
 INIT Capital | Seed | $3.1M | Feb 2024 |
 Flock.io | Seed | $3M | — |
| ZZero Delta (Glacis Labs) | Seed | $6.8M | — |
Top Co-Investors
Lightspeed Faction3 shared
Dragonfly3 shared
ParaFi Capital3 shared
Wintermute Ventures3 shared
Animoca Brands2 shared
Digital Currency Group2 shared
Coinbase Ventures2 shared
Mirana Ventures2 shared
OKX Ventures1 shared
Fenbushi Capital1 shared
Anagram1 shared
Pantera Capital1 shared
Ribbit Capital1 shared
Amber Group1 shared
HongShan1 shared
The Council1 shared
CMT Digital1 shared
Stellar Development Foundation1 shared
SixThirty Ventures1 shared
GG11 shared
Last updated: 20 October 2026