Wintermute Ventures is the investment arm of Wintermute, a global algorithmic trading firm and liquidity provider in digital asset markets. Founded in 2020 and based in London, UK, the firm focuses on supporting early-stage Web3 projects with hands-on support, investing from early ideation to later-stage expansion. Since its inception, Wintermute Ventures has invested in over 100 projects, emphasizing category-defining startups with bold visions to redefine entire sectors and industries. The firm maintains a flexible investment model, engaging in both token and equity-based investments, including convertible notes, SAFEs, SAFTs, Token Warrants, and Token Purchase Agreements. Wintermute Ventures often leads or co-leads investment rounds but is also open to following terms set by other lead VCs. Notably, the firm does not mandate a liquidity partnership with its trading business for its portfolio companies, encouraging them to work with any liquidity provider that meets their needs.
Is Wintermute Ventures the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Wintermute Ventures, along with a list of other relevant VCs, is available on Hopohopo.io.
Stages
Pre-seed, Seed, Series A
First ticket size
US$200,000 - US$200,000
When approaching Wintermute Ventures, founders should highlight how their project leverages unique market mechanisms or technical innovations within Web3, especially if it can benefit from deep liquidity expertise or market infrastructure insights. Demonstrating a clear path to category leadership and the potential to scale within decentralized ecosystems will resonate, as will a readiness to engage with complex deal structures. Articulate how your team’s vision aligns with the evolving needs of digital asset markets and be prepared to discuss both token and equity strategies.
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