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Bitcoin Venture Capital · 2019-Present

Lightning Ventures

Michael Jarmuz.

Fund Size

Pre-seed and seed stage, with more than 50 investments across its Node 1 and Node 2 funds.

Thesis

Bitcoin-native venture capital that began with a focus on the Lightning Network and now backs companies across the broader Bitcoin ecosystem, from payments and exchanges to custody and consumer apps. Lightning Ventures invests at the pre-seed and seed stages, typically with checks around $250K.

Portfolio

Strike, Swan Bitcoin, Unchained, Jan3, Relai, Azteco, CoinCorner, Breez, THNDR Games, Start9, Bitnob, and IBEX, among others.

Why It Matters

Lightning Ventures backs Bitcoin-native founders at the earliest stages, where dedicated capital is scarcest. With more than fifty investments spanning payments, exchanges, custody, and consumer applications, it has become one of the most active early-stage backers in the Bitcoin ecosystem.

Companies on this list they backed

Unchained, Strike

Cite & share

Early Riders. “A Brief History of Bitcoin Venture Capital: Lightning Ventures.” https://earlyriders.com/top50/vc/lightning-ventures/

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