
Greenfield
Description
Greenfield, a prominent European crypto investment firm based in Berlin, Germany, specializes in backing early-stage teams and protocols that are shaping the future of the decentralized web. Evolving from its earlier iteration as Greenfield One, the firm has established itself as a key player in the blockchain and digital asset space. Their investment thesis centers on identifying foundational technologies and innovative applications within the crypto ecosystem, supporting ventures from their nascent stages.
The firm's investment strategy is broad yet focused, targeting critical areas such as decentralized infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming. Greenfield typically engages with companies at the seed and Series A stages, providing not just capital but also strategic guidance and network access to help portfolio companies scale. They are known for their long-term commitment to projects, often participating in subsequent funding rounds as companies mature.
A significant milestone for Greenfield was the closing of its third crypto fund, Greenfield III, in November 2021, which successfully raised $160 million. This substantial capital pool underscores their capacity to make meaningful investments in the burgeoning crypto sector. With this fund, Greenfield aims to deploy capital into approximately 15 to 20 projects. Their typical first cheque size ranges from $1 million to $10 million, reflecting their commitment to providing substantial early-stage funding to promising ventures across Europe and globally.
Investor Profile
Greenfield has backed more than 47 startups, with 3 new investments in the last 12 months alone. The firm has led 24 rounds, about 51% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Switzerland, France.
- Strong thematic focus on Blockchain, Software, Cryptocurrency.
- Led 1 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (62%)
- Series A (21%)
- Series Unknown (9%)
- Series B (2%)
- Initial Coin Offering (2%)
- Convertible Note (2%)
- Pre Seed (2%)
Country Focus
- United States (36%)
- Switzerland (13%)
- France (11%)
- Gibraltar (9%)
- The Netherlands (4%)
- United Kingdom (4%)
- Germany (4%)
- Canada (2%)
- Saint Kitts and Nevis (2%)
- Cayman Islands (2%)
Industry Focus
- Blockchain
- Software
- Cryptocurrency
- Fintech
- Financial Services
- Information Technology
- Web3
- Finance
- Decentralized Finance (Defi)
- Internet
Frequently Asked Questions
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