As a Project founder in Web3, you can avoid the stress of bootstrapping a project with your funds while many venture capitalists are ready to pour substantial amounts into your project.
Securing the right investment can differentiate between a project's success and obscurity.
London, a global hub for financial innovation, is home to several visionary Venture Capitalists (VCs) eager to support promising ventures.
In this comprehensive guide, we'll introduce you to the top 7 London-based Web3 & Crypto VCs, offering insights into their investment focus and convenient ways to connect with them.
London's prominence in finance is well-established and naturally extends to the Web3 and cryptocurrency domains. The city's robust ecosystem offers a unique blend of financial expertise, tech talent, and regulatory frameworks conducive to blockchain and Web3 innovation.
As a result, London has become an attractive destination for venture capitalists looking to back the next wave of disruptive Web3 technologies.
Founded in 2014, Outlier Ventures is a forward-thinking crypto investment fund with an exceptional dedication to advancing the open Metaverse. Their vision transcends traditional crypto, aiming to integrate blockchain, AI, and Web3 technologies seamlessly.
Outlier Ventures leads the way in developing decentralized platforms and tools that power diverse applications, ranging from IoT to AI and VR. Noteworthy projects they backed include Polkadex, IOTA, Brave, ChainLink, and Cosmos.
Location: London, England, United Kingdom
Outlier Ventures stands ready to be your go-to partner for VC funding in the Web3 space.
Fabric Ventures, founded in 2017 with offices in London and Luxembourg, specializes in investing in technologies that propel the evolution of the Web.
They collaborate with entrepreneurs to foster innovative business models and provide seed financing when startups are poised for growth. Fabric Ventures invests in blockchain and cryptocurrency-related sectors and maintains a diverse portfolio that includes
Metaverse Venture, a subsidiary of DGC (wholly owned by DCG), exclusively invests in companies developing products and services for Decentraland. If your project aligns with the Decentraland ecosystem, don't hesitate to contact them at firstname.lastname@example.org.
Monoceros Ventures is an investment firm committed to supporting early-stage crypto projects. They seek partnerships with passionate and innovative teams shaping the web3 ecosystem.
Contact: Carlos@Monoceros.com to explore collaboration opportunities.
Rarestone Capital is a crypto-focused VC fund investing in early-stage private and public market ventures. Their team comprises growth hackers, product managers, researchers, and hyper-connectors, making them versatile and efficient in capital deployment.
Rarestone Capital welcomes founders at the pre-seed and seed stages, offering financial and intellectual capital. Depending on stage and traction, investment sizes range from $25,000 to $150,000.
Contact: visit their website to fill out a contact form.
Digital Horizon employs a new-age methodology, investing at every stage to accelerate ROI while minimizing risk. They focus on niche markets, strong teams, and innovative products, bringing together a diverse global team to build and scale successful startups. Their impressive IRR figures speak volumes.
Moonrock Capital is a crypto-native advisory and investment firm incubating and accelerating early-stage startups since 2019. They primarily support infrastructure, middleware, DeFi, and dApps for mass adoption within the Web3 landscape.
Notable projects in their portfolio include Polkstarter, Ngrave, Manta Network, and Thorchain.
Pitching your Web3 or crypto project to VCs is a crucial step in securing investment for your venture. To increase your chances of success, consider these practical tips:
1. Craft a Compelling Pitch Deck:
Your pitch deck is your first impression of VCs, so make it count. Keep it concise, visually appealing, and easy to follow. Include key sections such as:
Problem Statement: Clearly define the problem your project solves.
Solution: Explain your solution and how it addresses the problem.
Market Opportunity: Highlight the market size and growth potential.
Business Model: Detail your revenue model and pricing strategy.
Traction: Showcase any user adoption, partnerships, or milestones achieved.
Team: Introduce your team's expertise and experience.
Ask: Clearly state the funding amount you're seeking.
2. Practice Your Pitch: Practice your pitch repeatedly until you can deliver it confidently and concisely. Time yourself to ensure you stay within the allocated presentation time.
Practice with friends or mentors to get feedback and refine your delivery.
3. Know Your Numbers: Be prepared to discuss financial projections, including revenue forecasts, expenses, and how you plan to utilize the investment. VCs want to see that you have a clear financial plan in place.
4. Address Concerns Proactively: Anticipate questions and concerns that VCs may have and address them in your pitch. Common concerns include market competition, scalability, regulatory compliance, and potential risks. Demonstrating that you've thought through these issues shows that you're prepared.
5. Showcase Your Team's Expertise: Investors bet on ideas and the people behind them. Highlight your team's relevant skills and experience. Emphasize why your team is uniquely positioned to execute the project successfully.
6. Emphasize Market Validation: Show that there is a demand for your product or service. Share user testimonials, case studies, or data that validate your market fit and customer satisfaction.
7. Define Your Unique Selling Proposition (USP): Clearly articulate what sets your project apart from competitors. Highlight any proprietary technology, innovative features, or strategic advantages you possess.
8. Demonstrate a Scalable Plan: VCs are interested in projects that can scale rapidly. Explain how you plan to expand your operations, acquire more users or customers, and capture a larger market share.
9. Be Transparent: Honesty and transparency are crucial. If there are challenges or risks associated with your project, acknowledge them and explain your mitigation strategies.
10. Practice Your Q&A Session: The Q&A session following your pitch is an opportunity for VCs to delve deeper into your project. Prepare for tough questions, and be ready to provide detailed, well-reasoned answers.
11. Build Relationships: Don't view the pitch as a one-time interaction. Building a relationship with VCs can be as important as the pitch itself. Follow up with thank-you emails, updates on your progress, and open lines of communication.
12. Seek Feedback: Regardless of the outcome, ask for feedback from VCs after your pitch. Their insights can help you improve your pitch for future presentations.
These top London-based Web3 & Crypto VCs are eager to explore compelling opportunities in the Web3 ecosystem.
If you're a blockchain developer with startup aspirations or your startup craves the funding to go global, reach out to them to transform your Web3 dreams into actuality.
Also, keep in mind that many of these VCs offer training programs, including Bootcamps, to nurture and propel your journey forward.