Best VCs for Web3 Infrastructure

12 venture capitalists actively investing in Web3 Infrastructure.

12
Active VCs
2
Funds
33
Deals
#1Nihal Maunder

Managing Director

HongShan

Nihal's current HSG mandate is not yet public, so the defensible personal thesis comes from his prior first-person and attributed work: blockchain can extend open finance and coordination into payment

No current person-specific HSG check size is publicly disclosed. Historical Pantera work spans early-stage through growth, but those prior fund parameters should not be assumed to apply to his HSG role.
Early StageVentureGrowth
#2Tim Khoury

Deal Partner

Lightspeed Faction

Tim is a crypto-native early-stage investor with an explicit interest at the intersection of crypto and AI. His WeatherXM work shows a demand-first DePIN lens: token incentives can coordinate distribu

Faction does not publish a standard check range or Tim's personal authority. The official mandate is Seed and Series A, across equity and tokens; public financing sizes are not Faction check sizes.
SeedSeries AEarly Stage
#3Wendy Xiao

Partner

Northzone (Web3)

Wendy backs companies that change consumer behavior and expand the economic pie by capturing neglected externalities. She studies technology through people and behavior change, looking for a valuable

Not publicly disclosed. Northzone states that the firm invests from Seed through Growth and can remain a partner through pre-IPO; Wendy's current profile labels her personal focus as Early and says she likes to work with founders from as early as seed.
SeedSeries AEarly Stage
#4Joel Monegro

Partner

Placeholder

Fat protocol thesis and web3 infrastructure. Co-founder of Placeholder with Chris Burniske.

#5Chad Liu

Former Investor, Symbolic Capital; Founding GTM, PrismaX

Symbolic Capital

Chad's historical investment work mapped decentralized AI across data, models, agents, compute, training and inference. His current operator thesis narrows to physical AI's deployment bottleneck: foun

No current investor check size applies: Chad says he left early-stage investing to build at PrismaX. Historical third-party estimates for Symbolic must not be treated as current personal authority. Financing pitches should go to Symbolic's live team; robotics commercial proposals should be framed for PrismaX.
Historical Pre-SeedHistorical SeedHistorical Series A
#6Baek Kim

Partner

Hashed

Baek invests in infrastructure and applications that make decentralized systems useful to ordinary users. His writing connects mass adoption to better user experience, privacy-preserving computation,

No personal check range is publicly disclosed. A 2022 Notifi investment note identifies a $2.5M pre-seed round led by Hashed, while the firm's 2021 Venture Fund II was $200M; neither figure should be treated as Baek's standard or current personal ticket.
Pre-SeedSeedEarly Stage
#7Frank Hourigan

Partner, Head of Operations

1confirmation

Frank's public role centers on the operational side of 1confirmation, an early-stage fund supporting founders who decentralize the web and society. His background in regulated finance, asset managemen

Not publicly disclosed. Public databases show 1confirmation joining early-stage crypto rounds, but round size should not be mistaken for the firm's check size.
Pre-SeedSeedSeries A
#8Mike Tomaino

Partner

1confirmation

Mike is a Partner at 1confirmation, whose published mandate is to support exceptional early-stage founders fueling decentralization of the web and society. In the absence of attributable personal comm

Not publicly disclosed. Public databases show 1confirmation joining early-stage crypto rounds, but round size should not be mistaken for the firm's check size.
Pre-SeedSeedSeries A
#9Thuan Le

Partner, Head of Founder Platform

Electric Capital

Thuan leads Electric Capital's Founder Platform rather than presenting a separate public investment thesis. Electric describes the platform as integral to its investment strategy after a decision is m

Firm-level: Electric Capital says it generally invests $1M-$50M in early-stage crypto companies and protocols. No personal check authority is public for Thuan.
Early Stage
#10Adam Arreola

Investment Team (US)

NGC Ventures

NGC Ventures says it invests in early-stage Web3 infrastructure startups and projects, focusing on teams solving blockchain problems with solutions marked by simplicity, affordability, speed, uniquene

Early stage
#11Andy Chen

Ventures and Investments

GSR

SeedEarly StageGrowth
#12Philipp Essle

Investment Associate

Theta Capital

Fund of FundsVentureEarly Stage

Explore more sectors

All SectorsWeb3 Infrastructure InvestmentsAll VCs