1kx

1kx is a prominent Berlin-based crypto investment firm specializing in early-stage web3 ventures. Founded with a clear focus on fostering ecosystem growth, the firm targets projects building foundational infrastructure, decentralized finance (DeFi), gaming, and non-fungible token (NFT) platforms. Their investment philosophy centers on identifying and supporting composable primitives and open-source networks that contribute to the broader decentralization movement, aiming to back the next generation of internet applications.

The firm primarily engages with projects from seed to Series A stages, providing not just capital but also strategic guidance and network access to accelerate development and adoption. 1kx is known for its hands-on approach, leveraging its deep expertise within the crypto space to help portfolio companies navigate the complexities of building and scaling in a rapidly evolving industry. Their portfolio boasts several well-known names in the web3 ecosystem, reflecting their ability to spot innovative and impactful technologies early on.

1kx has demonstrated significant fundraising success, notably closing its 1kx Fund II at $64 million in July 2022, following an earlier $20 million Fund I. This capital enables them to maintain a robust investment pace. Typically, 1kx deploys first checks ranging from $500,000 to $5 million, aligning with their focus on early-stage, high-potential projects. The firm has actively invested in over 90 companies, showcasing a broad and diversified portfolio across various sub-sectors of the web3 landscape, solidifying its position as a key player in the crypto venture capital space.