CASTLE ISLAND VENTURES

Thesis

Castle Island Ventures is a venture capital firm founded in 2018 that exclusively invests in public blockchain technologies and cryptoassets. The firm aims to partner with entrepreneurs building transformative companies that leverage these technologies to create the future of monetary networks, programmable finance, and decentralized internet architecture. Their investment thesis centers on infrastructure and application companies crucial for enabling these protocols to reach the next billion users. Key areas of focus include Bitcoin infrastructure and applications, Ethereum and EVM-compatible chain innovations, Layer 2 solutions and rollup technology, stablecoins and monetary infrastructure, DeFi protocols and financial primitives, blockchain scaling and performance, Bitcoin restaking and security solutions, and enterprise blockchain applications. The firm generally prefers to lead investment rounds and typically invests in early-stage companies, including Pre-Seed, Seed, and Series A rounds. Their geographic scope for investments is primarily the United States, though they also invest in Canada. Castle Island Ventures has raised multiple funds, with Fund III closing at $250 million in February 2022. The firm's total Assets Under Management (AUM) are approximately $250 million. The typical check size per investment deal ranges from $100,000 to $5 million, with a sweet spot often around $1.5 million.

Related lists

• Pre-seed Fintech investors
• Seed-stage Fintech investors
• Series A Fintech investors