Propelling groundbreaking tech companies building on Bitcoin
TL/DR
- $1B - Track record of building billion-dollar companies
- 10+ - High-potential companies funded
- 50+ - Years of combined expertise in investing & high-tech operations
- 2013 - Bitcoin adopters since the early days
- 2021 - Pioneering among Bitcoin-focused VCs
We believe in Bitcoin's transformative potential as one of the greatest inventions of our time, fueling a future of abundant & optimized energy use, democratized finance, and a new paradigm of value transfer.
Bitcoin is set apart from other blockchains, which lack physical energy ties and often have centralized control, making them prone to manipulation.
Read more about our Ethos here.
The rise of Bitcoin marks a unique investment opportunity in companies built around it. With network adoption comparable to the early internet, it's one of the fastest-growing technologies, handling over $20B in daily transactions with 1 million active users.
Read more about our the market opportunity here.
We propel groundbreaking technology companies building on Bitcoin by offering capital, insights, and expansive networks to visionary founders.
Beyond mere funding, we equip founders with specialized support in areas like commercial strategy, financial planning, and geographic expansion. We are more than just investors; we're active partners. Unlike many venture firms, we emphasize a synergistic approach to our portfolio, encouraging collaboration between portfolio companies to bolster success and drive mutual value.
Our investment philosophy is rooted in patient capital, emphasizing a long-term perspective to achieve superior risk-adjusted returns for investors. This sets us apart in a market frequently drawn to fleeting gains rather than enduring value.
Read more about about us here.
We make global equity investments in companies that align with our Ethos, focusing on Pre-Seed to Series B stages. Our areas of focus span across several key sectors within the Bitcoin ecosystem, including Energy, Mining & Advanced Computing (Layer 0), Lightning Network & Scalability (Layer 2+), Artificial Intelligence, Financial Services, Privacy & Security, and Decentralized Applications (dApps).
Our team has ovr 50 years of combined experience in investing, hi-tech operations, and energy at leading companies. We have been involved in the Bitcoin ecosystem since 2013 in the capacity of both entreprenuer and investor. Our background and experience make us a desirable partner for founders.
- Nicholas Safford, General Partner - 17+ years of experience in VC, PE, and M&A with over $50B of transactions executed. Energy background, ex-Saudi Aramco.
- Alex Lyashok, Operating Patner - Tech executive who founded and grew his last AI SaaS company (WorkFusion) to 350 global employees - sold for ~$1B.
- Dave Perill, Operating Partner - 4x technology founder. Built Compute North, a bitcoin mining company, to 150 employees and 750MW of capacity. Board Member of Nasdaq listed Hive Digital Technologies.
- Faisal Baig, Venture Partner - 25+ years experience in VC, PE, and M&A. Ex NEA, JPM, Saudi Aramco. Oversaw over $75B in investment transactions.
We source high quality deal flow through our deep network within the industry, by participating as mentors in accelerator programs, through other funds, our founders, and through proprietary research and outreach to targets.
