About Lemniscap
Lemniscap is a venture capital firm founded in 2017. It is primarily based out of George Town, Cayman Islands. As of May 2026, Lemniscap is an active investor, having invested in 122 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and Enterprise Applications. Most recently it participated in the $***** Seed round of Hypernova Overall, Lemniscap portfolio has seen 4 unicorns, 1 IPO and 4 acquisitions including key companies like Tempus, AVA and Figment. A lot of funds co-invest with Lemniscap, with names like Polychain sharing a substantial percentage of its portfolio. Lemniscap has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
Lemniscap's List of Top Investments
Lemniscap has a portfolio of 122 companies, including 4 unicorns. Their most notable investments are in Puffer Finance and Webb.Their portfolio spans across United States, United Kingdom, France and 25 more locations. They have invested in Blockchain Technology, High Tech, Enterprise Applications and 21 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Lemniscap:1. FTX
Online platform for trading in cryptocurrency. It allows users to purchase and sell digital assets through encrypted networks. It supports the transfer of multiple crypto derivatives including Ethereum, Altcoin, Bitcoin, Tether, and more. It also provides OTC trading solutions to users.
Key facts about FTX
2. Tempus
Developer of genomic testing and artificial intelligence tools for medicine. This organization provides molecular profiling, algorithmic diagnostic models, and digital pathology services to assist in clinical decision-making. The technology integrates clinical data with sequencing results to identify therapeutic options and potential clinical trial matches. These tools support oncology, neurology, psychiatry, cardiology, and radiology by analyzing biological data to assist in patient care and drug development. The platform facilitates the identification of biomarkers and provides insights into disease progression and treatment responses.
Key facts about Tempus
- Founded Year: 2015
- Location: Chicago (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.05B
- Employee Count: 3,071 as on Jul 31, 2026
- Investors: T. Rowe Price, Baillie Gifford and 11 Others
- Latest Funding Round: Post IPO, Jul 30, 2026, $*****
- Highlight: Public
3. AVA
Blockchain platform for smart contracts and custom subnets. It enables businesses to build and scale high-performance, cost-effective, expertly managed custom blockchains. It provides tools for swapping, trading, bridging, and transacting. The platform also offers educational resources about blockchain and Web3.
Key facts about AVA
- Founded Year: 2018
- Location: Brooklyn (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $368M
- Employee Count: 495 as on Jul 31, 2026
- Investors: Republic Capital, BITMAIN and 22 Others
- Latest Funding Round: Series B, Apr 18, 2022, $*****
- Highlight: Editors' Pick
4. Ankr
Provider of blockchain infrastructure node access and decentralized network services. The business maintains a network of distributed nodes to connect developers and decentralized applications to various blockchain systems. It offers remote procedure call endpoints, application programming interfaces, and staking tools to facilitate blockchain integration and data retrieval. These services support decentralized finance, gaming, and enterprise applications by providing connectivity to multiple ledger technologies.
Key facts about Ankr
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $16M
- Employee Count: 90 as on Jul 31, 2026
- Investors: DHVC, LYVC and 30 Others
- Latest Funding Round: Series C, Aug 12, 2022, $*****
- Highlight: Editors' Pick
5. Figment
Online platform for the staking solution. The company offers staking solutions including rewards optimization, rapid API development, rewards reporting, partner integrations, governance, liquid staking, and more.
Key facts about Figment
- Founded Year: 2018
- Location: Toronto (Canada)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $165M
- Employee Count: 161 as on Jul 31, 2026
- Investors: Thoma Bravo, Fidelity Investments and 58 Others
- Latest Funding Round: Series C, Oct 06, 2025, $*****
- Highlight: Editors' Pick
Lemniscap's Year-on-Year Investment Trends
Lemniscap has invested in 122 companies over the last 7 years, with an average of 13 new investments annually in the last 5 years. In 2025, it made 5 investments, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Hypernova and most recent follow-on round was in Puffer Finance.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 5 | 0 | 5 |
2024 | 16 | 1 | 17 |
2023 | 11 | 0 | 11 |
2022 | 25 | 1 | 26 |
2021 | 24 | 4 | 28 |
2020 | 6 | 0 | 6 |
2019 | 3 | 0 | 3 |
Lemniscap's Investments by Stage
Lemniscap has made 68 investments in Seed stage with an average round size of $7.57M, 20 investments in Series A stage with an average round size of $7.54M and 3 investments in Series B stage with an average round size of $20M.Stage of entry | No. of Investments |
|---|---|
Seed | 68 |
Series A | 20 |
Series B | 3 |
Note: We have considered here, only first round of investments
Lemniscap's Investments by Sector
Lemniscap has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 113 Tech companies, 100 Blockchain companies, 70 Enterprise (B2B) companies and at least 64 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 73 |
High Tech | 64 |
FinTech | 49 |
Blockchain - Industry Applications | 45 |
Enterprise Applications | 29 |
Others | 59 |
Note: We have considered here, only first round of investments
Lemniscap's Investments by Geography
Lemniscap has made most investments in United States (36), followed by United Kingdom where it has made 9 investments.Country | No. of Investments |
|---|---|
United States | 36 |
United Kingdom | 9 |
France | 7 |
Canada | 4 |
Singapore | 4 |
Others | 27 |
Note: We have considered here, only first round of investments
Lemniscap's recent investments
Lemniscap has made 1 investments in 2026 so far - Hypernova.Here are the most recent investments by Lemniscap:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 29, 2026 | Cayman Islands | Seed | 7182 | [+2] | |
Sep 29, 2025 | United States | Seed | 1941 | [+15] | |
Sep 18, 2025 | United States | Seed | 4987 | [+4] | |
Jul 10, 2025 | United States | Seed | 4272 | [+3] | |
Jun 02, 2025 | United States | Seed | 9726 |
Unicorns in Lemniscap's Portfolio
Lemniscap has 4 unicorns in its portfolio - Monad Labs, AVA, Axelar and others. The most recent unicorn in their portfolio is Monad Labs. It became a unicorn in 2024, 1 years after Lemniscap first invested in it.Here is a list of unicorns in Lemniscap's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
49 | Decentralized, developer forward layer1 smart contract platform | 2022 | New York City | Series A | ttbkong | ||
75 | Blockchain platform for smart contracts and custom subnets | 2018 | Brooklyn | Series B | hdbhjnt | ||
68 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | nga{yut | ||
70 | Online platform for the staking solution | 2018 | Toronto | Series C | avlnazd |
IPOs and Publicly Listed companies in Lemniscap's Portfolio
1 of Lemniscap's portfolio company became public - Tempus. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2024 at marketcap of $5.92BHere are Lemniscap's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 14, 2024 | - | - | 7828 |
Acquired companies in Lemniscap's Portfolio
4 companies from Lemniscap's portfolio have been acquired. The most recent acquisition was Bitnomial in Apr 2026 by Payward for $*****.Here are Lemniscap's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 17, 2026 | - | - | 9377 | |
Mar 12, 2025 | - | - | 4301 | |
Jan 18, 2022 | - | - | 6767 | |
Feb 04, 2019 | - | - | 1963 |
Team profile of Lemniscap
Lemniscap has a team of 7 members including 4 Partners and 2 Principals located in China, United Arab Emirates and 2 more locations. Lemniscap's team does not sit on the board of any company as of now.Here is a list of all team members in Lemniscap:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Dubai | - | ||
Partner | Hong Kong | - | - | |
Partner | Hong Kong | - | ||
Partner | Dubai | - | - | |
Principal | Bangkok | - | - | |
Principal | Milan | - | - |
Co-investors of Lemniscap
Over the past 7 years, 789 investors have co-invested in Lemniscap's portfolio companies. This includes funds and angels.
- Invested before Lemniscap: Arweave, Bonfire Ventures and 35 others have invested in rounds before Lemniscap. There are 2 companies where Arweave has invested before Lemniscap and 1 company where Bonfire Ventures has invested before Lemniscap.
- Top Co-investors of Lemniscap: 554 investors entered a company along with Lemniscap. These include investors like Polychain (9 companies).
- Invested after Lemniscap: A total of 198 investors have invested in Lemniscap's portfolio after their investments. Top Investors include Coinbase (4 companies), Electric Capital (3 companies) and Distributedglobal (3 companies).
Recent News related to Lemniscap
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Hypernova Secures $3M Pre-Seed Funding for On-Chain Prop Trading PlatformThe SaaS News•May 29, 2026•Lemniscap, Pivot Global Partners, very early, CMS Holdings and 1 other
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Flying Tulip Announces Additional Institutional InvestorsPR Newswire•Jan 30, 2026•Flying Tulip, Fasanara, Lemniscap, Amber Group and 2 others
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LAB Closes $1.5M Community Round, $LAB Token En RouteCrowdfund Insider•Oct 03, 2025•Cypher Capital, Legion, Oak Grove Ventures, Castrum Capital and 13 others
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Flying Tulip Secures $200M Funding; Announces $FT Public Sale with Onchain Redemption RightThe Daily Hodl•Sep 29, 2025•CoinFund, Brevan Howard, Flying Tulip, SIG and 9 others
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AI Wallet Senpi Secures $4 Million Seed Funding Led by LemniscapCrowdfund Insider•Sep 22, 2025•Senpi, Lemniscap, Coinbase
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Dallas-Based Stablecore Secures $20M to Integrate Stablecoins into Banks and Credit Unionspcdn.co•Sep 17, 2025•Stablecore, Bank of Utah, Coinbase, Norwest and 8 others
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Dexari Secures $2.3M Seed Funding to Expand Crypto Trading AppFinSMEs•Jun 02, 2025•Prelude Ventures, Lemniscap
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DeCharge Nets $2.5 Mn To Expand Its EV Charging NetworkInc42•Apr 01, 2025•DeCharge, Lemniscap, Daedalus, Levitate Labs and 2 others
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Memes Lab Completes $2.3 Million Seed Round, Led by LemniscapPANews•Feb 25, 2025•Lemniscap, , Animoca Brands, OKX and 4 others
