Lemniscap is an early-stage venture capital firm specializing in investments in emerging cryptoassets and blockchain startups. Founded in 2017 and headquartered in George Town, Cayman Islands, the firm focuses on Web3 infrastructure, zero-knowledge technology, DeFi, and consumer applications.
35% of their portfolio is in Crypto & Web3. Their most common stage is seed (61% of deals). Average disclosed round size is $13.2M (across 67 rounds with reported amounts).
Portfolio
61
Fund Size
$70M
Top Stage
Seed
Last 12 Mo
3
Team
RV
Roderik van der Graaf
Founder & Managing Partner
NS
Nicola Santoni
Partner
HK
Hiroki Kotabe, PhD
Research & Investment
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
71 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Farworld Labs | Pre-Seed | $1.8M | Jun 2026 |
 Hypernova | Pre-Seed | $3M | May 2026 |
 Flying Tulip | Unknown | $200M | Sep 2025 |
 Hyveda | Pre-Seed | $1.9M | Feb 2025 |
 Memes Lab | Seed | $2.3M | Jan 2025 |
 Tulip | Seed | $200M | Jan 2025 |
 Cytonic | Seed | $8.3M | Nov 2024 |
 Fermah | Seed | $5.2M | Sep 2024 |
 Safary | Pre-Seed | $2.4M | Jan 2024 |
 multiVM | Seed | $6.9M | Jan 2024 |
| CCosmology | Seed | $5M | Jan 2024 |
| NNitro Labs | Seed | $4M | Jan 2024 |
 Aligned Layer | Seed | $20M | Jan 2024 |
 Puffer Labs | Seed | $5.5M | Aug 2023 |
 Monad | Seed | $19M | Feb 2023 |
| GGateway FM | Seed | $4.6M | Jan 2023 |
| WWebb Protocol | Seed | $7M | Jan 2023 |
| WWebb | Seed | $7M | Jan 2023 |
| FFluidity Money | Seed | $1.3M | Oct 2022 |
 Paragraph | Pre-Seed | $1.7M | Oct 2022 |
 Certora | Series B | $36M | May 2022 |
 Phi Labs | Seed | $21M | Mar 2022 |
 Aurigami | Unknown | $9.5M | Jan 2022 |
| Phi Labs | Seed | $21M | Jan 2022 |
| Paragraph | Pre-Seed | — | Jan 2022 |
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Top Co-Investors
Dragonfly8 shared
Coinbase Ventures7 shared
Polychain Capital7 shared
CoinFund5 shared
Collab+Currency5 shared
Divergence Ventures5 shared
The Spartan Group5 shared
Sfermion4 shared
Galaxy Ventures4 shared
The LAO4 shared
SkyVision Capital4 shared
Hypersphere Capital4 shared
CMS Holdings4 shared
Hashed4 shared
Jump Crypto4 shared
Figment Capital4 shared
Wintermute Ventures4 shared
Placeholder3 shared
Animoca Brands3 shared
Bankless Ventures3 shared
Last updated: 7 October 2026