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Bitcoin Venture Capital · 2019-Present
Fulgur Ventures
Vitaly Bezrodnykh and Oleg Mikhalsky.
Fund Size
Early-stage fund.
Thesis
European Bitcoin-focused venture capital with a particular emphasis on Lightning Network companies and Bitcoin infrastructure. Fulgur fills a gap in the market: most Bitcoin-focused VCs are U.S.-based, and European founders have historically had fewer dedicated capital sources.
Portfolio
Blockstream, Voltage, Amboss, Breez, ZEBEDEE, OpenNode, Foundation Devices, IBEX, Fold, and Relai, among other Bitcoin and Lightning companies.
Why It Matters
Fulgur Ventures represents the geographic diversification of Bitcoin venture capital beyond the U.S.