Middlegame Ventures

Middlegame Ventures (MGV) is a prominent European venture capital firm headquartered in Luxembourg, with additional offices in London and Washington D.C. The firm specializes in early-stage investments, primarily targeting Seed, Series A, and occasionally Series B rounds within the burgeoning FinTech 3.0 and Web 3.0 ecosystems. MGV's core mission revolves around identifying and backing companies that are fundamentally re-architecting financial services, focusing on areas such as digital assets, payments, banking infrastructure, capital markets, and insurance technology. Their strategic focus is on disruptive technologies that leverage blockchain, AI, and other advanced digital solutions to build the next generation of financial infrastructure.

MGV has established itself with significant capital commitments, launching its first dedicated fund at €180 million in 2020. This initial fund enabled the firm to make substantial early-stage investments across Europe, often taking a lead or co-lead position in funding rounds. Building on this success, Middlegame Ventures announced the first close of its second fund in 2023, securing €150 million towards a target of €250 million. This larger fund signals MGV's continued commitment to scaling its investment activities and supporting its portfolio companies through various growth stages. The firm is known for its hands-on approach, leveraging its team's deep industry expertise to provide strategic guidance and operational support to its founders.

Typically, Middlegame Ventures deploys initial cheques ranging from €1 million to €10 million, reflecting their sweet spot in leading or co-leading Seed and Series A rounds. This range allows them to provide meaningful capital to nascent companies while also participating in more mature early-stage opportunities. Their portfolio spans a diverse array of innovative startups across the European continent, reflecting their broad geographic mandate within the region. MGV's strategic positioning at the intersection of FinTech and Web 3.0 positions them as a key player in the transformation of global financial services, actively shaping the future of finance through their targeted investments.