LF
Lightspeed Faction
Palo Alto, California, United StatesFounded 2021
Lightspeed Faction is a venture capital firm that focuses on investing in early-stage crypto and blockchain startups. Their strategy involves being agnostic to specific industry verticals within the blockchain space, instead prioritizing projects that offer real utility through blockchain technology, including those in DeFi, infrastructure, and NFTs. They primarily invest in Seed and Series A funding rounds, aiming to be a long-term capital partner and providing guidance on areas like tokenomics and business scaling.
Their most common stage is seed (45% of deals). Average disclosed round size is $10.2M (across 11 rounds with reported amounts).
Portfolio
11
Fund Size
$285M
Top Stage
Seed
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $15M | Oct 2025 | |
| Pre-Seed | $1.6M | Jul 2025 | |
| BBlockskye | Series A | $15.8M | Jul 2025 |
| Seed | $7.5M | Apr 2025 | |
| Series B | $23.6M | Mar 2025 | |
| Seed | $4M | Dec 2024 | |
| Series A | $7.7M | May 2024 | |
| Series A | $15M | Mar 2024 | |
| Series A | $13.7M | Dec 2023 | |
| Seed | $5.5M | Aug 2023 | |
| Seed | $3.3M | Apr 2023 |
Top Co-Investors
Alumni Ventures Group2 shared
Dragonfly1 shared
Coinbase Ventures1 shared
The Chernin Group1 shared
Third Prime Capital1 shared
Zeal Capital1 shared
Pantera1 shared
Alpha Edison1 shared
Motley Fool Ventures1 shared
Techstars1 shared
Delphi Digital1 shared
Root Ventures1 shared
Mechanism Capital1 shared
Pivot Investment Partners1 shared
APX1 shared
Ribbit Capital1 shared
Franklin Templeton1 shared
Nyca1 shared
First Round Capital1 shared
Blockchange Ventures1 shared
Last updated: 4 May 2026