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  3. /Luke Saunders
  4. /Briefing
Pre-Pitch Briefing

Luke Saunders

Partner / Head of Delphi Labs at Delphi Ventures

SeedSeries ADeFiInfrastructureSmart ContractsProtocol Design

Their Thesis

Investing in DeFi and crypto infrastructure at Delphi Ventures. Focuses on technical evaluation of protocols and smart contract systems.

How to Pitch Them

Delphi does thorough technical research before investing. Be prepared for deep technical questions and have solid documentation of your protocol's architecture and design decisions.

What Excites Them

Novel smart contract architectures, DeFi protocol innovation, technical moats in crypto, well-designed protocol economics.

Recent Writing

Paradigm Research: DeFi Composabilityresearch

DeFi money legos create emergent properties that no single protocol could achieve alone.

Delphi Ventures Portfolio

Top Sectors

DeFi8
Infrastructure4
L1/L23
NFT/Gaming2
Gaming1

Stage Distribution

Token11
Seed4
Series A2
Early1
GMXDeFi
Token$5.0M
Treasure DAONFT/Gaming
Token$5.0M
Radiant CapitalDeFi
Token$5.0M
Cosmos (Interchain Foundation)L1/L2
Token$5.0M
LayerZeroInfrastructure
Series A$120.0M
Sei NetworkL1/L2
Seed$30.0M
Lido FinanceDeFi
Seed$70.0M
Axie Infinity (Sky Mavis)NFT/Gaming
Series A$152.0M
CosmosInfrastructure
Token$5.0M
SolanaL1/L2
Early$314.0M

+ 8 more investments. View fund →

← Full profileDelphi Ventures website