The Spartan Group is a leading Web3 venture capital, advisory, and asset management firm founded in 2017. It operates through three divisions—Spartan Advisory, Spartan Capital, and Spartan Labs—investing in and building with top crypto entrepreneurs.
31% of their portfolio is in Crypto & Web3. Deal activity decreased year-over-year (2 deals in the last 12 months vs 8 prior). Average disclosed round size is $15.7M (across 71 rounds with reported amounts).
Portfolio
70
Fund Size
—
Top Stage
Seed
Last 12 Mo
2
Team
Kelvin Koh
Co-founder & Partner, CIO, Spartan Capital
Chase Goh
Operations Associate
Eric Nicomedez
Investment Associate
Jose Sanchez
Head of research, Investment Associate
Lexi Xiao
Operations Associate
Wendy Chow
Legal & Compliance Associate
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 KASH | Pre-Seed | $2M | Feb 2026 |
 Watch.fun | Unknown | $8.6M | Jan 2026 |
 Optimum | Seed | $11M | Apr 2025 |
| TTarta Labs | Pre-Seed | $4.5M | Mar 2025 |
 Wingbits | Seed | $5.6M | Jan 2025 |
 GAIB | Pre-Seed | $5M | Dec 2024 |
 Fraction AI | Pre-Seed | $6M | Dec 2024 |
 WIND | Pre-Seed | $3.8M | Nov 2024 |
 Chaos Labs | Series A | $55M | Aug 2024 |
| BBrixton Biosciences | Series B | $33M | May 2024 |
 Centrifuge | Series A | $15M | Apr 2024 |
 Gomble | Unknown | $10M | Apr 2024 |
 Illuvium | Series A | $12M | Mar 2024 |
 Morph | Seed | $19M | Mar 2024 |
 Metalcore | Unknown | $5M | Mar 2024 |
 Karma3 Labs | Seed | $4.5M | Mar 2024 |
| SSentient | Seed | $85M | Jan 2024 |
 MetaCene | Series A | $10M | Jan 2024 |
| GGomble Games | Unknown | $10M | Jan 2024 |
 multiVM | Unknown | $6.9M | Jan 2024 |
| WIND | Pre-Seed | $3.8M | Nov 2023 |
 Mamori Labs | Pre-Seed | $5M | Nov 2023 |
 Stoke Space | Series B | $100M | Oct 2023 |
 Maple Finance | Seed | $5M | Aug 2023 |
| MMaverick Protocol | Unknown | $8M | Jun 2023 |
Top Co-Investors
Last updated: 7 September 2026