L1 Digital (L1D) is a Zurich-based investment advisor and fund manager focused on digital assets, investing in crypto startups and early-stage crypto-focused investment firms globally. The firm had approximately $400 million in assets under management as of 2023.
33% of their portfolio is in Crypto & Web3. They made 2 investments in the last 12 months. Average disclosed round size is $36.5M (across 6 rounds with reported amounts).
Portfolio
6
Fund Size
$152M
Top Stage
Series A
Last 12 Mo
2
Team
JG
Julien Godat
Investment Partner
LT
Louis Thomazeau
Investment Partner
DO
Dylan Obermayer
Investment Team
PC
Philipp Cottier
Investment Team
RH
Ray Hindi
Investment Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Squads | Unknown | $18M | Apr 2026 |
 Printr | Unknown | $2M | Oct 2025 |
 Centrifuge | Seed | $4M | Nov 2022 |
 BCB Group | Series A | $60M | Jan 2022 |
| BBCBGroup | Series A | $60M | Jan 2022 |
 Nansen | Series B | $75M | Dec 2021 |
Top Co-Investors
Coinbase Ventures2 shared
Foundation Capital2 shared
Blockchain.com Ventures2 shared
Backed VC2 shared
North Island Ventures2 shared
PayU2 shared
Digital Currency Group2 shared
GIC Private Limited1 shared
Skyfall Ventures1 shared
Folius Ventures1 shared
Amplify Partners1 shared
Accel1 shared
Tiger Global Management, LLC1 shared
SCB 10X1 shared
Electric Capital1 shared
Jump Crypto1 shared
Multicoin Capital1 shared
Delphi Ventures1 shared
Placeholder1 shared
Solana Ventures1 shared
Last updated: 9 September 2026